100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
NEVADA LIFE INSURANCE EXAM (ACTUAL EXAM) WITH QUESTIONS WITH VERY ELABORATED ANSWERS CORRECTRY WELL ORGANIZED LATEST 2024 – 2025 ALREADY GRADED A+ $12.99   Add to cart

Exam (elaborations)

NEVADA LIFE INSURANCE EXAM (ACTUAL EXAM) WITH QUESTIONS WITH VERY ELABORATED ANSWERS CORRECTRY WELL ORGANIZED LATEST 2024 – 2025 ALREADY GRADED A+

 1 view  0 purchase
  • Course
  • NEVADA LIFE
  • Institution
  • NEVADA LIFE

NEVADA LIFE INSURANCE EXAM (ACTUAL EXAM) WITH QUESTIONS WITH VERY ELABORATED ANSWERS CORRECTRY WELL ORGANIZED LATEST 2024 – 2025 ALREADY GRADED A+

Preview 3 out of 18  pages

  • September 2, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NEVADA LIFE
  • NEVADA LIFE
avatar-seller
NurseLNJ
NEVADA LIFE INSURANCE EXAM (ACTUAL
EXAM) WITH QUESTIONS WITH VERY
ELABORATED ANSWERS CORRECTRY WELL
ORGANIZED LATEST 2024 – 2025 ALREADY
GRADED A+




What amount of care is provided in LTC's intermediate care?

A24-hour care

BNon-medical daily care

CDaily care, but not nursing care

DDaily care by medical personnel - ANSWERS-D



How many consecutive months of coverage (other than in an acute care unit of a
hospital) does LTC insurance cover in Nevada?

A12

B24

C36

D6 - ANSWERS-B

,Which of the following is correct about a group health insurance policy?

AIt can exclude newborn children from coverage.

BIt cannot exclude coverage for VA hospital treatment.

CIt can provide coverage for handicapped children.

DIt cannot exclude coverage from an occupational accident. - ANSWERS-C




Within how many months must a person be expected to die from a sickness in
order to be classified as terminally ill?

A3

B6

C 12

D 24 - ANSWERS-D



For how long must agents retain copies of notices and sales proposals for life
insurance applications?

A 1 year

B 5 years

C 10 years

D 3 years - ANSWERS-D

, What is the purpose of a disclosure statement in life insurance policies?

A To protect agents and insurers against lawsuits

B To explain features and benefits of a proposed policy to the consumer

C To obtain important underwriting information from the applicant

D To help consumers compare policy prices - ANSWERS-B



Which of the following statements would best describe the difference between
viatical settlements and accelerated death benefits?

A Viaticals require higher premiums.

B Viaticals use mortality tables; accelerated death benefits are determined by
morbidity.

C Viaticals are funded by a third party; accelerated death benefits are provided by
the insurer that issued the original policy.

D Viaticals are used to fund retirement; accelerated death benefits fund medical
expenses. - ANSWERS-C



Which of the following means having an illness or sickness that can reasonably be
expected to result in death in 24 months or less?

A Chronic illness

B Fatal illness

C Malignant illness

D Terminal illness - ANSWERS-D

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller NurseLNJ. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75323 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.99
  • (0)
  Add to cart