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Insurance Licensing InsNV_Health02 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Producer Duties and Ethics | - Sales Practices
|
| Insurance Basics | - Insurance Contracts
|
| Health Insurance Policy Provisions | - Claims and Benefits
|
| General Insurance Regulation | - Nevada Insurance Department and Regulatory Authority
|
| Government Health Insurance Programs | - Medicare
|
| Accident and Health Insurance Fundamentals | - Medical Expense Insurance
|
Insurance Licensing NV Accident and Health Sample Questions:
1. The Nevada Insurance Commissioner may revoke the license of any licensed producer who:
A) misappropriates monies belonging to policyholders
B) is found liable by final judgment in a civil case
C) fails to file an annual financial report with the Division of Insurance
D) fails to notify the Commissioner of a change of address within forty-eight hours
2. For a group health plan subject to the federal waiting-period rule, the waiting period for otherwise eligible employees generally may not exceed:
A) 60 calendar days
B) 90 calendar days
C) 180 calendar days
D) 30 calendar days
3. Which type of health insurance is designed primarily to reimburse medical expenses such as hospital, surgical, and physician charges?
A) Disability income insurance
B) Credit life insurance
C) Accidental death insurance
D) Medical expense insurance
4. Which of the following statements is generally CORRECT about a major medical policy?
A) It contains more limitations than a Basic Hospital, Medical, or Surgical policy.
B) It provides benefits for reasonable and necessary medical expenses, subject to policy limits.
C) It provides benefits for in-hospital expenses only, subject to policy limits.
D) It contains a 30-day Elimination period for losses due to sickness.
5. A life insurance policy owner has paid $1,200 in premiums in six months for a $250,000 policy. The policyowner dies suddenly and the insurer pays the beneficiary $250,000. This exchange of unequal values reflects which of the following insurance contract features?
A) Unilateral
B) Aleatory
C) Conditional
D) Personal
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: B | Question # 5 Answer: B |





