100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
North Carolina life, accident and health or sickness, agent, comprehensive final exam Questions and Answers 2024 $13.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. North Carolina Accident And Health Insurance
  4.  
  5. North Carolina accident and health insurance

Exam (elaborations)

North Carolina life, accident and health or sickness, agent, comprehensive final exam Questions and Answers 2024
 4 views  0 purchase
  • Course
  • North Carolina accident and health insurance
  • Institution
  • North Carolina Accident And Health Insurance

North Carolina life, accident and health or sickness, agent, comprehensive final exam

Preview 2 out of 9  pages

Document information

  • October 14, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • north carolina life accident and health or sickne

Written for

  • North Carolina accident and health insurance
  • North Carolina accident and health insurance

Seller

avatar-seller
julianah420

Reviews received

Content preview

North Carolina life, accident and health
or sickness, agent, comprehensive final
exam

D needs life insurance that provides coverage for only a limited amount of time while
also paying the lowest possible premium. What kind of policy is needed? - answerLevel
term

The reason for a business having a Business Overhead Expense Disability Plan is to
cover - answerfixed business expenses

What kind of special need would a policy owner require with an adjustable life insurance
policy? - answerflexible premiums

The consideration clause in a life insurance contract contains what pertinent information
- answerAmount of premium payments and when they are due

When funds are shifted straight from one IRA to another IRA, what percentage of the
tax is withheld? - answernone

Which of these statements concerning an individual straight life annuity is accurate -
answerPayments are made to an annuitant for life

Medicaid was designed to assist individuals who are - answerbelow a specific income
limit

A foreign insurance company is one that is incorporated - answerunder the laws of
another state

Which of the following actions is not possible with a universal life policy? -
answerPremiums may be applied as a credit against income tax

N is covered under an individual Disability policy with a 30-day Elimination period and a
monthly benefit of $500. N is totally disabled for 3 1/2 months. N's total benefit received
on this claim is - answer$1,250

Proceeds of the viatical settlement contract could be subject to the claims of -
answercreditors

, What is the primary factor that determines the benefits paid under a disability income
policy? - answerwages

According to the affordable care act (ACA), a dependent child's eligibility status is
determined by - answerAge

Stranger originated, life insurance has been found to be in violation of which of the
following contractual elements - answerLegal Purpose (Insurable Interest)

Which of the following actions will an insurance company most likely not take an
applicant, who has diabetes, applies for disability income policy? - answerIssue the
policy with an altered Time of Payment of Claims provision

The type of annuity that can be purchased with one monetary deposit is called a(n) -
answerImmediate annuity

Major Medical policies typically - answercontain a deductible and coinsurance

A level premium indicates - answerthe premium is fixed for the entire duration of the
contract

In North Carolina, an insurance agent is BEST defined as - answerA person who sells
solicits or negotiate contracts of insurance or annuity

Variable life products require a producer to - answerhold a Life Insurance license and a
Securities license

Which type of policy pays benefits to a policyholder covered under a Hospital Expense
policy? - answerreimbursement

Which of the following best describes how a preferred provider organization is less
restrictive than a health maintenance organization - answerMore physicians to choose
from

In a life insurance policy, which feature states that the policy will not cover certain risk -
answerexclusion

Medicare is intended for all of the following groups except - answerThose enrolled as a
full-time student

An agent inducing an insured to lapse, forfeit, or surrender insurance through
misrepresentation is committing the illegal act of - answertwisting

A renewable term policy is renewable at the option of the - answerinsured

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 julianah420. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

83750 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
$13.99
  • (0)
  Add to cart