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Insurance Licensing InsNV_Health02 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Accident and Health — General Knowledge | ~68% | - Insurance Concepts and Underwriting
|
| Topic 2: Nevada Statutes, Rules and Regulations | ~32% | - General State Insurance Regulations
|
Insurance Licensing NV Accident and Health Sample Questions:
Which of the following information is included in the Consideration clause in an Accident and Health policy?
- A. Schedule and amount of premium payments
- B. Duration of the Grace Period
- C. Description of the coverage provided
- D. Explanation of the Contestable periods
Correct Answer: A 🗳️
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Which of the following characteristics is typical of group insurance?
- A. Employees may automatically enroll for coverage at any time.
- B. Each employee receives an individual contract.
- C. Medical examinations are required.
- D. All full-time employees are eligible for coverage.
Correct Answer: D 🗳️
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Which statement is true of a variable life insurance policy?
- A. The policy is always a temporary term policy.
- B. The cash value is held only in the insurer's general account.
- C. The cash value may fluctuate with separate-account investment performance.
- D. The policyowner bears no investment risk.
Correct Answer: C 🗳️
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Under a Gold health insurance plan, an insurer would be expected to pay which percentage of medical costs?
- A. 80%
- B. 70%
- C. 60%
- D. 90%
Correct Answer: A 🗳️
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Under a group health policy, which of the following coverages MUST be provided for newborn children?
- A. Transportation costs from the hospital to the child ' s residence
- B. Congenital health defects
- C. Genetic Testing
- D. Routine eye examinations
Correct Answer: B 🗳️
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