Nevada life accident - Study guides, Class notes & Summaries

Nevada Life, Accident, Health Insurance Exam Practice Questions and Answers...

COBRA (because she can convert, and if she has a long term illness it it will be hard for her to get approved for individual insurance) - ANSWER-Kevin and Nancy are married; Kevin is the primary breadwinner and has a health insurance policy that covers both him and his wife. Nancy has an illness that requires significant medical attention. Kevin and Nancy decide to legally separate, which means that Nancy will no longer be eligible for health insurance coverage under Kevin. Which of the followin...

XCEL SOLUTIONS - FINAL EXAM 100% Correct K has a life insurance policy where her husband is beneficiary and her daughter is contingent beneficiary. Under the Common Disaster clause, if K and her husband are both killed in an automobile accident, where would the death proceeds be directed? Daughter When is a Group Health policy required to provide coverage for a newborn child? At the moment of birth What is the required renewability status of all Medicare supplement policies? Guarante...

Nevada Life and Health License Exam Prep Questions Rated A+ What are the four required elements of an insurance contract? ️Agreement, consideration, competent parties, and legal purpose. What two parts make up a life insurance application? ️General Information and the Medical Information. An agent's report can go in a life insurance application but is not included in the life insurance policy. When must insurable interest exist in life insurance? ️At the time of application. ...

Nevada Life, Accident, Health Insurance Exam Practice Questions and Answers 100% Pass What are the 2 types of Flexible Spending Accounts? - Answer- Health care accounts and Dependent care accounts Concerning a Whole Life Policy, which of the following statements is correct? - Answer- 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 - Answer- Une...

Nevada Life, Accident, Health Insurance Exam Practice/67 Questions & Answers

Nevada Life and Health License Exam Prep Questions with 100% Correct Answers What are the four required elements of an insurance contract? - Answer- Agreement, consideration, competent parties, and legal purpose. What two parts make up a life insurance application? - Answer- General Information and the Medical Information. An agent's report can go in a life insurance application but is not included in the life insurance policy. When must insurable interest exist in life insurance? - Answ...

Nevada Life and Health Exam Simulator | 200 Questions and Correct Answers | Latest Update 2024/2025 | 100% PASS Z owns a disability income policy with a 30 day elimination period. Z contracts pneumonia that leaves him unable to work from January 1 until January 15. He then becomes disabled from an accident on February 1 and the disability last until July 1 the same year. She will become eligible to receive benefits starting on? - Answer -March 1. The elimination period is the period of ...