NC Health Insurance Exam Pearson Vue Exam
comprehensive questions and verified answers
ACTUAL EXAM 2025 TEST!! Graded A+ | 2025|
2026 EXAM UPDATE WITH CORRECT ANSWERS
2025/2026
3 factors in determining insurance premiums - correct answers mortality, interest expenses
a broker represents who? - correct answers buyer
A dispute must begin within in - correct answers 30 days
a legal contract must have - correct answers something offered and the unconditional
acceptance
a preexisting condition can not be contested after how many months? - correct answers 12 or 1
year
,a voided policy means - correct answers never really happened usually as a result of
misrepresentation such as telling a lie or partial truth
Accidental Death and dismemberment (AD&D) policies provide benefits for? - correct answers
Accidental death but not for natural causes
Accidental Means - correct answers both the injury and the resulting cause of the injury must be
unintentional
MORE restrictive
Accidental Results - correct answers injury was unexpected and unforseen
LESS restrictive
Adhesion - correct answers take it or leave it policy is accepted by the applicant AS IS
Adverse selection - correct answers bad for insurance
after 15 days how can the insured proceed through written method - correct answers written
method on ANY kind of form
after how many years from the date of proof of loss can legal action NOT be initated - correct
answers 3 years
agents must sell ________ of total annual premiums to family members - correct answers 50%
Aleatory contract - correct answers unequal insurance policy
all appointments expire on what day? - correct answers March 31
,always answer questions about the _____ or ______ but not the __________ - correct answers
past, present, future
An agent is an___________ to the contract - correct answers intermediary
An agent is not a __________ to the contract - correct answers party
apparent authority - correct answers the company has put the agent in a position of authority
are accidents subject probationary period? - correct answers NO accidents are not subject to
probationary period
Assessment insurers - correct answers charge additional premiums at the end of the specified
time period
at what age can one purchase a life insurance policy? - correct answers 15
blanket insurance policies - correct answers covers rapidly changing groups like children in a
church camp there is no certificate of coverage
both parties must reach a __________ - correct answers agreement
can the policyowner change the beneficiary at any time - correct answers yes as long as its
revocable
can there be a 3rd party beneficiary on own policy - correct answers yes
, Capital Stock companies are owned by - correct answers stock holders and most common
Captive agents represent who? - correct answers one company
Commingling - correct answers agent who mixes client funds with his own funds is guilty of
conccealment - correct answers applicant withheld material information from the insurer
void contrace
Conditional contract - correct answers policyowner must furnish proper proof of loss to get a
claim paid and the insureer must give proper notice of nonrenewal
Contract parties are known as - correct answers principals
Days for applicant to requests an explanantion - correct answers 90 days
Days insurance company must furnish an explanation - correct answers 21 days
exposure unit - correct answers subject to loss
express authority - correct answers authority given the agent thru oral or written contracts
Fiduciary - correct answers expected to act with utmost good faith for the benefit for all
contract parties
Fraternal agents can only sell which policies - correct answers life, health and annuity policies
comprehensive questions and verified answers
ACTUAL EXAM 2025 TEST!! Graded A+ | 2025|
2026 EXAM UPDATE WITH CORRECT ANSWERS
2025/2026
3 factors in determining insurance premiums - correct answers mortality, interest expenses
a broker represents who? - correct answers buyer
A dispute must begin within in - correct answers 30 days
a legal contract must have - correct answers something offered and the unconditional
acceptance
a preexisting condition can not be contested after how many months? - correct answers 12 or 1
year
,a voided policy means - correct answers never really happened usually as a result of
misrepresentation such as telling a lie or partial truth
Accidental Death and dismemberment (AD&D) policies provide benefits for? - correct answers
Accidental death but not for natural causes
Accidental Means - correct answers both the injury and the resulting cause of the injury must be
unintentional
MORE restrictive
Accidental Results - correct answers injury was unexpected and unforseen
LESS restrictive
Adhesion - correct answers take it or leave it policy is accepted by the applicant AS IS
Adverse selection - correct answers bad for insurance
after 15 days how can the insured proceed through written method - correct answers written
method on ANY kind of form
after how many years from the date of proof of loss can legal action NOT be initated - correct
answers 3 years
agents must sell ________ of total annual premiums to family members - correct answers 50%
Aleatory contract - correct answers unequal insurance policy
all appointments expire on what day? - correct answers March 31
,always answer questions about the _____ or ______ but not the __________ - correct answers
past, present, future
An agent is an___________ to the contract - correct answers intermediary
An agent is not a __________ to the contract - correct answers party
apparent authority - correct answers the company has put the agent in a position of authority
are accidents subject probationary period? - correct answers NO accidents are not subject to
probationary period
Assessment insurers - correct answers charge additional premiums at the end of the specified
time period
at what age can one purchase a life insurance policy? - correct answers 15
blanket insurance policies - correct answers covers rapidly changing groups like children in a
church camp there is no certificate of coverage
both parties must reach a __________ - correct answers agreement
can the policyowner change the beneficiary at any time - correct answers yes as long as its
revocable
can there be a 3rd party beneficiary on own policy - correct answers yes
, Capital Stock companies are owned by - correct answers stock holders and most common
Captive agents represent who? - correct answers one company
Commingling - correct answers agent who mixes client funds with his own funds is guilty of
conccealment - correct answers applicant withheld material information from the insurer
void contrace
Conditional contract - correct answers policyowner must furnish proper proof of loss to get a
claim paid and the insureer must give proper notice of nonrenewal
Contract parties are known as - correct answers principals
Days for applicant to requests an explanantion - correct answers 90 days
Days insurance company must furnish an explanation - correct answers 21 days
exposure unit - correct answers subject to loss
express authority - correct answers authority given the agent thru oral or written contracts
Fiduciary - correct answers expected to act with utmost good faith for the benefit for all
contract parties
Fraternal agents can only sell which policies - correct answers life, health and annuity policies
