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NEVADA LIFE AND HEALTH EXAM
NEWEST 2025 ACTUAL EXAM COMPLETE
100 QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A+
What is another name for a primary care physician in an HMO - ANSWER-Gatekeeper
A domestic insurer issuing variable contracts must establish one
or more: - ANSWER-Separate accounts.
What is an important feature of a dental expense insurance plan that is NOT typically found in a medical expense insurance plan? - ANSWER-Diagnostic and preventative care
What best describes a fixed-period settlement option? - ANSWER-Both the principal and interest will be liquidated over a selected period of time.
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What is the maximum penalty for habitual willful noncompliance with the Fair Credit Reporting Act? - ANSWER- $2500
What action by an insurance company will cause an examination by the Commissioner? - ANSWER-Application for initial Certificate of Authority
Each insurer must maintain a compete file containing a copy of each document used in solicitation and sale of life insurance products for how long after its last authorized use? - ANSWER-
- Years
The Patient Protection and Affordable Care Act does not include what provision? - ANSWER-Individual tax deduction for premiums paid.
What is the purpose of a disclosure statement in life insurance policies? - ANSWER-To explain features and benefits of a proposed policy to the consumer
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The type of insurance sold to a debtor and designed to pay the amount due on a loan if the debtor dies before the loan is repaid
is called: - ANSWER-credit life
What is the maximum amount that Nevada Life & Health Insurance Guaranty Association may be obligated to pay with respect to a major disability or loss of life? - ANSWER-
$500,000
What is continuous care in this state? - ANSWER-Workers compensation coverage
What would not be considered a misrepresentation on the part of the insurer? - ANSWER-Backdating policies to secure a lower premium for the insured
Jordan purchased a core policy (Plan A) to supplement his Medicare coverage. Following his stay in the hospital, Jordan found out that her supplement policy paid for all of the
following except: - ANSWER-Part A deductible
For what time period can coverage be excluded on permissible pre-exisiting conditions applicable to a Medicare supplement
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