BestzGrades |zMustzPass |zLatestzUpdate |zCorrectzAnswers |z2024/ 2025
Nevada Life and Health License Exam Prep Q
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uestions and Correct Answers | Latest Updat
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Whatzarezthezfourzrequiredzelementszofzanzinsurancezcontract?
Agreement, z consideration, z competent z parties, z and z legal z purpose.
Whatztwozpartszmakezupzazlifezinsurancezapplication?
GeneralzInformationzandzthezMedicalzInformation.zAnzagent'szreportzcanz goz
inzazlife zinsurance zapplication zbutzisznotzincluded zinzthezlife zinsurance z poli
cy.
Whenzmustzinsurablezinterestzexistzinzlifezinsurance?
Atz thez time z ofz application.
Whenzdoeszcoveragezbegin,zifzthezpremiumzwaszsubmittedzwithzthezapplication,zandzthezpolicyzwasz
issuedztwozweekszlater?
Atz thez time z ofz thez application.
Ifzanzagentzmakeszazmistakezonzthezapplicationzandzthenzcorrectszit,zwhozmustzinitialzthatzchange?
~z1z~zforzinquiryzmailzmez@
, BestzGrades |zMustzPass |zLatestzUpdate |zCorrectzAnswers |z2024/ 2025
The z applicant.
Insurerszmayzchangezwhatzonzazguaranteedzrenewablezhealthzinsurancezpolity?
Thez ratesz byz class.
AtzwhatzagezmayzanzindividualzmakezwithdrawalszfromzanzHSAzforznonhealthzpurposeszwithoutz
beingzpenalized?
Atz age z 65.
Whichzprovisionzstateszhowzmuchztimezmustzpasszbetweenztwozlikezillnesseszinzorderzforzthezsecondz
oneztozbezcoveredzunderzaznewzsetzofzbenefits?
Recurrent z Disability z Provision
Inz formingzanz insurancez contract,zwhenzdoesz acceptancez occur?
When z anz insurer's z underwriter z approves z coverage
Whatziszanzimportantzfeaturezofzazdentalzexpensezinsurancezplanzthatzisznotzfoundzinzazmedicalze
xpensezinsurancezplan?
Diagnostic z andz preventive z care
~z1z~zforzinquiryzmailzmez@
, BestzGrades |zMustzPass |zLatestzUpdate |zCorrectzAnswers |z2024/ 2025
Whatzbestzdescribeszthez"first-dollarzcoverage"zprinciplezinzbasiczmedicalzinsurance?
Thez insuredz isz notz requiredz toz payz az deductible
OccasionalzvisitszbyzwhatzmedicalzprofessionalszwillznotzbezcoveredzunderzLong-
TermzCare'szhomezhealthzcare?
Attending z physicians
CanzanzindividualzwhozbelongsztozazPOSzplanzusezanzout-of-networkzphysician?
Yes,z theyz canz usez anyz physicianz evenz ifz notz partz ofz thez HMO
Whatziszthezadvantagezofzreinstatingzazpolicyzinsteadzofzapplyingzforzaznewzone?
The z original z agez isz used z for z premium z determination
Whatzwouldzbasiczmedicalzexpensezcoverageznotzcover?
Surgeon's z services
WhatzisznotzprovidedzbyzanzHMO?
Reimbursement
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, BestzGrades |zMustzPass |zLatestzUpdate |zCorrectzAnswers |z2024/ 2025
Whatzinsurancezarrangementszwillzbezappropriatezforzazparentzbuyingzazlifezinsurancezpolicyzonz
azchildzwherezthezparentziszthezpolicyowner?
Third-partyz ownership
Whatzisznotztruezaboutzdividends?
Dividend z amounts z are z guaranteed z inz thez policy
WhatzisznotztruezaboutzAccidentalzDeathzandzDismemberment?
Deathz benefitsz arez paidz onlyz ifz deathz occursz withinz 24z hoursz ofz anza
ccident
Whenzwouldzaz20-payzwholezlifezpolicyzendow?
When z thez insured z reaches z age z 100
Whatzsectionzofzazhealthzpolicyzthatzstateszthezcauseszofzeligiblezlosszunderzwhichzanzinsurancezisz
assumedztozbezdisabled?
Insuring z Clause
Thezinsurancezclausezofzazdisabilityzpolicyzusuallyzstateszwhatzexcept?
The z method z ofz premium z payment
~z1z~zforzinquiryzmailzmez@
Nevada Life and Health License Exam Prep Q
z z z z z z z
uestions and Correct Answers | Latest Updat
z z z z z z
e
Whatzarezthezfourzrequiredzelementszofzanzinsurancezcontract?
Agreement, z consideration, z competent z parties, z and z legal z purpose.
Whatztwozpartszmakezupzazlifezinsurancezapplication?
GeneralzInformationzandzthezMedicalzInformation.zAnzagent'szreportzcanz goz
inzazlife zinsurance zapplication zbutzisznotzincluded zinzthezlife zinsurance z poli
cy.
Whenzmustzinsurablezinterestzexistzinzlifezinsurance?
Atz thez time z ofz application.
Whenzdoeszcoveragezbegin,zifzthezpremiumzwaszsubmittedzwithzthezapplication,zandzthezpolicyzwasz
issuedztwozweekszlater?
Atz thez time z ofz thez application.
Ifzanzagentzmakeszazmistakezonzthezapplicationzandzthenzcorrectszit,zwhozmustzinitialzthatzchange?
~z1z~zforzinquiryzmailzmez@
, BestzGrades |zMustzPass |zLatestzUpdate |zCorrectzAnswers |z2024/ 2025
The z applicant.
Insurerszmayzchangezwhatzonzazguaranteedzrenewablezhealthzinsurancezpolity?
Thez ratesz byz class.
AtzwhatzagezmayzanzindividualzmakezwithdrawalszfromzanzHSAzforznonhealthzpurposeszwithoutz
beingzpenalized?
Atz age z 65.
Whichzprovisionzstateszhowzmuchztimezmustzpasszbetweenztwozlikezillnesseszinzorderzforzthezsecondz
oneztozbezcoveredzunderzaznewzsetzofzbenefits?
Recurrent z Disability z Provision
Inz formingzanz insurancez contract,zwhenzdoesz acceptancez occur?
When z anz insurer's z underwriter z approves z coverage
Whatziszanzimportantzfeaturezofzazdentalzexpensezinsurancezplanzthatzisznotzfoundzinzazmedicalze
xpensezinsurancezplan?
Diagnostic z andz preventive z care
~z1z~zforzinquiryzmailzmez@
, BestzGrades |zMustzPass |zLatestzUpdate |zCorrectzAnswers |z2024/ 2025
Whatzbestzdescribeszthez"first-dollarzcoverage"zprinciplezinzbasiczmedicalzinsurance?
Thez insuredz isz notz requiredz toz payz az deductible
OccasionalzvisitszbyzwhatzmedicalzprofessionalszwillznotzbezcoveredzunderzLong-
TermzCare'szhomezhealthzcare?
Attending z physicians
CanzanzindividualzwhozbelongsztozazPOSzplanzusezanzout-of-networkzphysician?
Yes,z theyz canz usez anyz physicianz evenz ifz notz partz ofz thez HMO
Whatziszthezadvantagezofzreinstatingzazpolicyzinsteadzofzapplyingzforzaznewzone?
The z original z agez isz used z for z premium z determination
Whatzwouldzbasiczmedicalzexpensezcoverageznotzcover?
Surgeon's z services
WhatzisznotzprovidedzbyzanzHMO?
Reimbursement
~z1z~zforzinquiryzmailzmez@
, BestzGrades |zMustzPass |zLatestzUpdate |zCorrectzAnswers |z2024/ 2025
Whatzinsurancezarrangementszwillzbezappropriatezforzazparentzbuyingzazlifezinsurancezpolicyzonz
azchildzwherezthezparentziszthezpolicyowner?
Third-partyz ownership
Whatzisznotztruezaboutzdividends?
Dividend z amounts z are z guaranteed z inz thez policy
WhatzisznotztruezaboutzAccidentalzDeathzandzDismemberment?
Deathz benefitsz arez paidz onlyz ifz deathz occursz withinz 24z hoursz ofz anza
ccident
Whenzwouldzaz20-payzwholezlifezpolicyzendow?
When z thez insured z reaches z age z 100
Whatzsectionzofzazhealthzpolicyzthatzstateszthezcauseszofzeligiblezlosszunderzwhichzanzinsurancezisz
assumedztozbezdisabled?
Insuring z Clause
Thezinsurancezclausezofzazdisabilityzpolicyzusuallyzstateszwhatzexcept?
The z method z ofz premium z payment
~z1z~zforzinquiryzmailzmez@
