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NC Accident and Health or Sickness Exam Prep (Group 5) Questions and Answers 2024
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NC Accident and Health or Sickness Exam Prep (Group 5)
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NC Accident and Health or SicknessExam Prep (Group 5)
Which of the following terms categorize insurers by their location or domicile? - answer
domestic, foreign, and alien
When collecting personal financial or health information, an insurance company is
required to do all of the following EXCEPT - answer provide individuals with copies of
documents disclosed to other parties.
What can they do or provide:
* notify individuals about the company's privacy practices.
* describe conditions under which the company may disclose the information to other
parties.
* provide methods for individuals to prevent disclosure of the information.
An insurer must notify its current customers of its privacy policies or practices at least
once every how often? - answer12 months
An agent who recommends the replacement of an insurance policy with another is not
required to discuss which of these with the prospect? - answercost of similar policies
from competing insurers
Emily solicits policies and accepts premiums from the public but is not licensed as an
agent. She then turns over the applications and premiums to her husband, who is
licensed. Which statement is correct? - answerEmily has committed a Class 1
misdemeanor.
Which of the following persons would not qualify for a temporary producer's license in
North Carolina? - answerpart-time producer of a licensed agency
When meeting with a prospect to discuss life insurance, Agent Tyler makes disparaging
comments about the financial stability and reputation of a competitor to dissuade the
prospect from purchasing its policies. Which unfair trade practice has Agent Tyler
committed? - answerdefamation
Becky works as an agent for Delta Insurance Company, which is located in North
Carolina. What must Becky do in order to sell life insurance on behalf of Delta to U.S.
military personnel who are stationed in Germany? - answerShe must obtain a restricted
license.
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