Insurance Licensing NV Accident and Health - InsNV_Health02 Exam Practice Test
When must insurable interest generally exist in a life insurance transaction?
Correct Answer: C
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
In order to be covered under the Nevada Life and Health Insurance Guaranty Association, an insurance company MUST be:
Correct Answer: D
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
Which of the following characteristics is typical of group insurance?
Correct Answer: D
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
A prospect submits an Accident and Health application with the premium and receives a conditional receipt.
The insurance company issues a policy and mails it to the insured, but the insured never receives it. Which of the following statements is CORRECT about this situation?
The insurance company issues a policy and mails it to the insured, but the insured never receives it. Which of the following statements is CORRECT about this situation?
Correct Answer: C
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
The Nevada Life and Health Insurance Guaranty Association becomes involved in an insurance company ' s affairs when the company:
Correct Answer: A
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
A policyowner borrows money from the insurer using the cash value of a whole life policy as security. If the loan and accrued interest are unpaid when the insured dies, what is the usual result?
Correct Answer: D
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
Under a group health policy, which of the following coverages MUST be provided for newborn children?
Correct Answer: B
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
One key distinction between producers and Exchange Enrollment Facilitator (EEF) is producers:
Correct Answer: C
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
Which premium-payment mode usually results in the lowest total annual premium cost for the policyowner?
Correct Answer: A
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).
Under federal COBRA continuation rules, an employee who loses group health coverage because of termination of employment or reduction in hours will generally be offered continuation coverage for up to:
Correct Answer: A
Vote an answer
Explanation: Only visible for PassTestking members. You can sign-up / login (it's free).