Nevada Life, Accident, Health Insurance Exam Practice Questions and Answers
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Course
Nevada Life, Accident, Health Insurance
Institution
Nevada Life, Accident, Health Insurance
What are the 2 types of Flexible Spending Accounts?
o :## Health care accounts and Dependent care accounts
Concerning a Whole Life Policy, which of the following statements is correct?
o :## Cash value is guaranteed
According to the rights of renewability rider for cancellable policies, all of ...
Nevada Life, Accident, Health Insurance Exam
Practice Questions and Answers
What are the 2 types of Flexible Spending Accounts?
o :## Health care accounts and Dependent care accounts
Concerning a Whole Life Policy, which of the following statements is correct?
o :## Cash value is guaranteed
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
o :## Unearned premiums are retained by the insurance company
In a replacement situation, all of the following must be considered EXCEPT
o :## Assets
For an agent to sell continuous care coverage, the agent must meet all of the following
requirements EXCEPT
o :## Be licensed as a life insurance producer
Which of the following licensees are not compensated directly related to the amount of
insurance sold?
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o :## Insurance consultant
Producers must complete how many hours of continuing education on the subject of ethics
every licensing period?
o :## 3 Hours
Which of the following definitions would make it easier to qualify for total disability benefits?
o :## The more liberal "own occupation"
Which of the following must be present in all Medicare supplement plans?
o :## Plan A
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
o :## Premium receipt
Which health insurance provision describes the insured's right to cancel coverage?
o :## Renewal provision
What type of insurance would be used for a Return of Premium rider?
o :## Increasing Term
When an insurer combines two periods of disability into one, the insured must have suffered a
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