Nevada Life, Accident, Health Insurance Exam Practice

Questions and Answers

Health care accounts and Dependent care accounts - answerWhat are the 2 types of Flexible

Spending Accounts?

Cash value is guaranteed - answerConcerning a Whole Life Policy, which of the following

statements is correct?

Unearned premiums are retained by the insurance company - answerAccording to the rights of

renewability rider for cancellable policies, all of the following are correct about the cancellation of

an individual insurance policy EXCEPT

Assets - answerIn a replacement situation, all of the following must be considered EXCEPT

Be licensed as a life insurance producer - answerFor an agent to sell continuous care coverage, the

agent must meet all of the following requirements EXCEPT

Insurance consultant - answerWhich of the following licensees are not compensated directly

related to the amount of insurance sold?

3 Hours - answerProducers must complete how many hours of continuing education on the

subject of ethics every licensing period?