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

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 were both killed in an automotive accident, where would the death proceeds be directed? - The daughter. What foremost an applicant be provided with prior to policy delivery if it's replacing an existing health policy? - Notice regarding replacement. At the age of 45, an individual with draws $50,000 from his qualified profit-sharin...

What are the four required elements of an insurance contract? Correct Answer Agreement, consideration, competent parties, and legal purpose. What two parts make up a life insurance application? Correct 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? Correct Answer At the time of application. When does coverage begin, if...

Nevada Life and Health (2024) Exam Questions With Solved 100% Correct!!

Nevada Life and Health Exam Simulator (200 questions)

Nevada Life, Accident, Health Insurance Exam Practice Questions and Answers 100% CorrectNevada Life, Accident, Health Insurance Exam Practice Questions and Answers 100% CorrectNevada Life, Accident, Health Insurance Exam Practice Questions and Answers 100% CorrectNevada Life, Accident, Health Insurance Exam Practice Questions and Answers 100% Correct Health care accounts and Dependent care accounts - ANSWER-What are the 2 types of Flexible Spending Accounts? Cash value is guaranteed - ANSWER...

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) Correct 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 fo...

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? - correct answer March 1. The elimination period is the period of time between the onset of a disability, and the time you're eligible for benefits. It is best thought of as ...

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 AND HEALTH LICENSE EXAM VERSION 1&2 2024| 500+ REAL EXAM QUESTIONS CORRECT ANSWERS| ALREADY GRADED A+

What are the four required elements of an insurance contract? - correct answer Agreement, consideration, competent parties, and legal purpose. What two parts make up a life insurance application? - correct 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? - correct answer At the time of application. When does coverage beg...