Nevada health and life 2 - Study guides, Class notes & Summaries

NV Common Law Quiz with 100% Correct Answers A foreign insurer has its home office where? a. In this State b. In a state other than Nevada c. In more than one state d. In another country - Answer- b. In a state other than Nevada... Books and records related to the business of insurance must be kept for how long? a. 1 year b. 4 years c. 2 years d. 5 years - Answer- d. 5 years All of the following would be practices prohibited by Nevada's Unfair Discrimination laws except: a. Denying...

1. 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 2. When is a Group Health policy required to provide coverage for a newborn child? - At the moment of birth 3. What is the required renewability status of all Medicare supplement policies? - Guaranteed renewable 4. Who issues ...

term insurance - ANSWER-temporary protection because it only provides coverage for a specific period of time face amount - ANSWER-death benefit 3 basic types of term coverage - ANSWER-level, increasing, decreasing - based on how the face amount changes during the policy term What is the premium in term insurance? - ANSWER-regardless of type of term insurance purchased, premium is level throughout the term of policy level term insurance - ANSWER-death benefit does not change throug...

Nevada Life & Health Insurance Exam Questions and Answers 100% Pass term insurance - Answer- temporary protection because it only provides coverage for a specific period of time face amount - Answer- death benefit 3 basic types of term coverage - Answer- level, increasing, decreasing - based on how the face amount changes during the policy term What is the premium in term insurance? - Answer- regardless of type of term insurance purchased, premium is level throughout the term of policy ...

NEVADA LIFE AND HEALTH LICENSE EXAM VERSION 1&2 2024| 500+ REAL EXAM QUESTIONS WITH 100%CORRECT ANSWERS| SCORED A+

1 - ExamFX Life and Health - General Insurance / Completing Application, Underwriting and Delivering The Policy Exam Questions and Answers 100% Pass What two elements are necessary to a life insurance contract to have a legal purpose? - Answer- 1. Insurable Interest 2. Consent Insurance is a contract that protects the insured from what? - Answer- Loss What Type of Risk is Insurable? - Answer- Pure What is the term for the causes of loss insured against in a insurance policy? - Answer- P...

Nursing Informatics Test 1|106 Questions with Verified Answers What is informatics - CORRECT ANSWER •Informatics - computer information systems science •Nursing Informatics - A subspecialty of nursing that focuses on managing information pertaining to nursing •Healthcare Information Technology (HIT) - Focuses on information management, not computers •Information management is an integral part of nursing We are not taking this class to learn about computers and to be IT techs. W...

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 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...