Business > EXAM > Nevada Life, Accident, Health Insurance Exam Practice| 70 questions| with complete answers (All)

Nevada Life, Accident, Health Insurance Exam Practice| 70 questions| with complete answers

Document Content and Description Below

Health care accounts and Dependent care accounts Correct Answer: What are the 2 types of Flexible Spending Accounts? Cash value is guaranteed Correct Answer: Concerning a Whole Life Policy, which... of the following statements is correct? Unearned premiums are retained by the insurance company Correct Answer: According to the rights of renewability rider for cancellable policies, all of the following are correct about the cancellation of an individual insurance policy EXCEPT Assets Correct Answer: In a replacement situation, all of the following must be considered EXCEPT Be licensed as a life insurance producer Correct Answer: For an agent to sell continuous care coverage, the agent must meet all of the following requirements EXCEPT Insurance consultant Correct Answer: Which of the following licensees are not compensated directly related to the amount of insurance sold? 3 Hours Correct Answer: Producers must complete how many hours of continuing education on the subject of ethics every licensing period? The more liberal "own occupation" Correct Answer: Which of the following definitions would make it easier to qualify for total disability benefits? Plan A Correct Answer: Which of the following must be present in all Medicare supplement plans? Premium receipt Correct Answer: Most agents try to collect the initial premium for submission with the application. When an agent collects the initial premium from the applicant, the agent should issue the applicant a Renewal provision Correct Answer: Which health insurance provision describes the insured's right to cancel coverage? Increasing Term Correct Answer: What type of insurance would be used for a Return of Premium rider? Recurrent disability Correct Answer: When an insurer combines two periods of disability into one, the insured must have suffered a [Show More]

Last updated: 2 years ago

Preview 1 out of 6 pages

Buy Now

Instant download

We Accept: