Page 1 of 140
NEVADA LIFE INSURANCE LATEST EXAM
UPDATE 2026 WITH AMPLE, CORRECTLY
ANSWERED ALREADY GRADED A+
1. In Nevada, the primary regulator of life insurance is:
A) Nevada Department of Commerce
B) Nevada Division of Insurance
C) Nevada Financial Institutions Division
D) Nevada Secretary of State
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Answer: B
Rationale: The Nevada Division of Insurance (DOI) regulates
insurance companies, agents, and policies under NRS 679A.
2. Nevada law requires life insurance agents to complete how
many hours of continuing education (CE) every 2 years?
A) 12 hours
B) 24 hours
C) 30 hours
D) 40 hours
Answer: B
Rationale: Nevada mandates 24 CE hours per biennium,
including 3 hours of ethics (NAC 683A.300).
3. Scenario: An agent sells a life policy to a senior citizen
without explaining the 30-day free look period. This violates:
A) Unfair Trade Practices Act
B) Senior Protection in Insurance Act
C) NAIC Model Regulation
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D) Nevada's Suitability in Annuity Transactions Act
Answer: B
*Rationale: Nevada’s Senior Protection laws (NRS 686A.281)
require clear disclosure of free look periods for seniors age
65+.*
4. The Nevada Life and Health Insurance Guaranty
Association covers up to:
A) $100,000 in death benefits
B) $300,000 in death benefits
C) $500,000 in death benefits
D) Unlimited
Answer: B
Rationale: Nevada guaranty association covers $300,000 in life
insurance death benefits per insured (NRS 686C.090).
5. A producer license in Nevada expires every:
A) 1 year
B) 2 years
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C) 3 years
D) 4 years
Answer: C
Rationale: Nevada producer licenses are valid for 3 years (NRS
683A.220).
6. Scenario: An agent replaces an existing life policy without
comparing illustrations or disclosing replacement. This is:
A) Allowed if the new policy is cheaper
B) Twisting
C) Rebating
D) Churning
Answer: B
Rationale: Twisting is misrepresenting facts to induce replacement
(NRS 686A.271).
7. Nevada’s Unfair Claims Settlement Practices Act prohibits:
A) Denying claims without investigation
B) Offering a free look period
NEVADA LIFE INSURANCE LATEST EXAM
UPDATE 2026 WITH AMPLE, CORRECTLY
ANSWERED ALREADY GRADED A+
1. In Nevada, the primary regulator of life insurance is:
A) Nevada Department of Commerce
B) Nevada Division of Insurance
C) Nevada Financial Institutions Division
D) Nevada Secretary of State
,Page 2 of 140
Answer: B
Rationale: The Nevada Division of Insurance (DOI) regulates
insurance companies, agents, and policies under NRS 679A.
2. Nevada law requires life insurance agents to complete how
many hours of continuing education (CE) every 2 years?
A) 12 hours
B) 24 hours
C) 30 hours
D) 40 hours
Answer: B
Rationale: Nevada mandates 24 CE hours per biennium,
including 3 hours of ethics (NAC 683A.300).
3. Scenario: An agent sells a life policy to a senior citizen
without explaining the 30-day free look period. This violates:
A) Unfair Trade Practices Act
B) Senior Protection in Insurance Act
C) NAIC Model Regulation
,Page 3 of 140
D) Nevada's Suitability in Annuity Transactions Act
Answer: B
*Rationale: Nevada’s Senior Protection laws (NRS 686A.281)
require clear disclosure of free look periods for seniors age
65+.*
4. The Nevada Life and Health Insurance Guaranty
Association covers up to:
A) $100,000 in death benefits
B) $300,000 in death benefits
C) $500,000 in death benefits
D) Unlimited
Answer: B
Rationale: Nevada guaranty association covers $300,000 in life
insurance death benefits per insured (NRS 686C.090).
5. A producer license in Nevada expires every:
A) 1 year
B) 2 years
, Page 4 of 140
C) 3 years
D) 4 years
Answer: C
Rationale: Nevada producer licenses are valid for 3 years (NRS
683A.220).
6. Scenario: An agent replaces an existing life policy without
comparing illustrations or disclosing replacement. This is:
A) Allowed if the new policy is cheaper
B) Twisting
C) Rebating
D) Churning
Answer: B
Rationale: Twisting is misrepresenting facts to induce replacement
(NRS 686A.271).
7. Nevada’s Unfair Claims Settlement Practices Act prohibits:
A) Denying claims without investigation
B) Offering a free look period
