Nc life exam 2025 - Study guides, Class notes & Summaries

NC Life Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS The validity of the policy cannot be conested once it has been in force for at least how many years after its date of issue? - Answer -2 Years A rider attached to a life insurance policy that provides coverage on the insured's family members is called the - Answer -Other-insured rider When an insured makes truthful statements on the application for insurance and pays the required premium, it is know as ...

NC State LIFE Insurance Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Insurable Interest - Answer -Something of value that, if lost, would cause you financial harm. Must exist upfront at time of application. Legitimate financial reason for buying insurance. Impersonation - Answer -Wrong person takes medical examination/test in connection with application for insurance. **Can be contested beyond 2 year incontestable clause** Adhesion - Answer -Ins. Co. desig...

NC Life Insurance Practice Exam Questions and Correct Answers 2024/2025 / Verified All of the following are included within the Insurance Commissioner's duties EXCEPT a) Conducting investigation of all domestic insurers. b) Reviewing the insurers' annual reports. c) Writing North Carolina insurance laws. d) Reporting any violations of insurance laws to the Attorney General. Writing insurance law is not the Insurance Commissioner's responsibility, but enforcing the law is. - Correct An...

NC life insurance simulated Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Blackstone Insurers is incorporated in New York, where it has also received a certificate of authority to transact insurance. what type of insurer is Blackstone in New York? - Answer -Admitted insurer Jennifer applied for a $500,000 whole life insurance policy. the insurer issued the policy but classified jennifer as a substandard risk, resulting in a higher premium. which type of poli...

NC Life Insurance Exam Study Guide with Complete Solutions Latest Updated 2024/2025 Fraternal Benefit Society - Correct Answer An organization of people who share a month ethnic, religious or vocational affiliation. They are entities they have no capital stock, have a representative form of government. They exist not for profit but solely for the benefit of their members and their beneficiaries and operate on a lodge system. Fraternal Benefit Societies - Correct Answer Agents of these societ...

NC Correctional officer Final Exam Questions and Correct Answers 100% Verified 2024/2025 teamwork - Correct Answers 2 or more individuals working towards a common goal Stewardship - Correct Answers When you love someone/something you take care of and protect it. Taking good care of something you value Two social structures that exist in a prison: - Correct Answers Formal/official and informal/unofficial Formal/official social structure - Correct Answers Consists of rules and procedures...

NC Insurance Licensing Exam | Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS P is a producer who notices 5 questions on a life application were not answered. What actions should P take? - Answer -Set up a meeting with the applicant to answer the remaining questions Which of the following does Social Security NOT provide benefits for? - Answer -Dismemberment An Accident/Health policyholder has ____ days to return the policy and receive a full refund on premiums - An...

NC Life Exam Simulation 200 Question with Complete Solutions 2024/2025 Which of the following actions require a policyowner to provide proof of insurability in an Adjustable Life policy? - ANSWER: increase face amount 2. If the Commissioner of insurance finds that a licensed person has used fraudulent, coercive, or dishonest practices or has proved to be incompetent, untrustworthy, or financially irresponsible, the law allows the Commissioner to - ANSWER: suspend, revoke, or refuse to renew ...

FTCC CNA 1 Modules A-E Exam Questions & Answers 2024/2025 Activities of daily living (ADL's) - ANSWERSEveryday things that a resident routinely does, such as hygiene and grooming, dressing, eating, toileting, and transferring. Reading is not a ADL. Cognition - ANSWERSThe manner in which messages from the five senses are collected, stored in memory, recovered from memory, and later used to answer questions, respond to requests, and perform tasks Delegation - ANSWERSThe process of as...