1|Page
North Carolina Health Insurance License Test 2025
Preparation Test Bank With 200 Questions and
Correct Detailed Answers for Actual Exam Practice|
NC Health Insurance Exam Prep Test Bank (Latest)
Competence - ...ANSWER...✓✓ Ability demonstrated by
passing the state exam.
Trustworthiness - ...ANSWER...✓✓ Assessed through a
background check including fingerprints.
License Path - ...ANSWER...✓✓ Process to apply for
insurance licenses.
Exam Path - ...ANSWER...✓✓ Process to complete
prelicense education and exams.
Initial Resident Producer - ...ANSWER...✓✓ First license
type for North Carolina agents.
Authorization to Test - ...ANSWER...✓✓ Email containing
link to schedule state exam.
,2|Page
Medicare/LTC License - ...ANSWER...✓✓ Requires a valid
Health license to sell.
Life, Health, Property, and Casualty Hours -
...ANSWER...✓✓ Require 20 hours of prelicense
education.
Medicare/LTC Hours - ...ANSWER...✓✓ Require 10 hours
of prelicense education.
Accidents at work - ...ANSWER...✓✓ Incidents occurring
during employment duties.
Accidents at home - ...ANSWER...✓✓ Incidents occurring
in a private residence.
Sickness on the job - ...ANSWER...✓✓ Illnesses occurring
while working.
Sickness off the job - ...ANSWER...✓✓ Illnesses occurring
outside of work.
,3|Page
Insurance - ...ANSWER...✓✓ Transfer or sharing of risk
among groups.
Risk - ...ANSWER...✓✓ Uncertainty of potential loss.
Pure risk - ...ANSWER...✓✓ Chance of loss or no loss
only.
Speculative risk - ...ANSWER...✓✓ Possibility of loss or
gain.
Insurable interest - ...ANSWER...✓✓ Financial stake in
another's life or health.
Exposure unit - ...ANSWER...✓✓ Individual subject to
potential loss.
Peril - ...ANSWER...✓✓ Cause of loss in insurance
policies.
, 4|Page
Hazard - ...ANSWER...✓✓ Factor increasing likelihood or
severity of loss.
Physical hazard - ...ANSWER...✓✓ Inherent
characteristics increasing risk.
Moral hazard - ...ANSWER...✓✓ Risk from insured's
lifestyle choices.
Morale hazard - ...ANSWER...✓✓ Risk from careless
attitudes towards insurance.
Risk avoidance - ...ANSWER...✓✓ Eliminating risk entirely
from activities.
Risk retention - ...ANSWER...✓✓ Accepting risk by self-
funding potential losses.
Self-insurance - ...ANSWER...✓✓ Saving money to cover
potential losses.
North Carolina Health Insurance License Test 2025
Preparation Test Bank With 200 Questions and
Correct Detailed Answers for Actual Exam Practice|
NC Health Insurance Exam Prep Test Bank (Latest)
Competence - ...ANSWER...✓✓ Ability demonstrated by
passing the state exam.
Trustworthiness - ...ANSWER...✓✓ Assessed through a
background check including fingerprints.
License Path - ...ANSWER...✓✓ Process to apply for
insurance licenses.
Exam Path - ...ANSWER...✓✓ Process to complete
prelicense education and exams.
Initial Resident Producer - ...ANSWER...✓✓ First license
type for North Carolina agents.
Authorization to Test - ...ANSWER...✓✓ Email containing
link to schedule state exam.
,2|Page
Medicare/LTC License - ...ANSWER...✓✓ Requires a valid
Health license to sell.
Life, Health, Property, and Casualty Hours -
...ANSWER...✓✓ Require 20 hours of prelicense
education.
Medicare/LTC Hours - ...ANSWER...✓✓ Require 10 hours
of prelicense education.
Accidents at work - ...ANSWER...✓✓ Incidents occurring
during employment duties.
Accidents at home - ...ANSWER...✓✓ Incidents occurring
in a private residence.
Sickness on the job - ...ANSWER...✓✓ Illnesses occurring
while working.
Sickness off the job - ...ANSWER...✓✓ Illnesses occurring
outside of work.
,3|Page
Insurance - ...ANSWER...✓✓ Transfer or sharing of risk
among groups.
Risk - ...ANSWER...✓✓ Uncertainty of potential loss.
Pure risk - ...ANSWER...✓✓ Chance of loss or no loss
only.
Speculative risk - ...ANSWER...✓✓ Possibility of loss or
gain.
Insurable interest - ...ANSWER...✓✓ Financial stake in
another's life or health.
Exposure unit - ...ANSWER...✓✓ Individual subject to
potential loss.
Peril - ...ANSWER...✓✓ Cause of loss in insurance
policies.
, 4|Page
Hazard - ...ANSWER...✓✓ Factor increasing likelihood or
severity of loss.
Physical hazard - ...ANSWER...✓✓ Inherent
characteristics increasing risk.
Moral hazard - ...ANSWER...✓✓ Risk from insured's
lifestyle choices.
Morale hazard - ...ANSWER...✓✓ Risk from careless
attitudes towards insurance.
Risk avoidance - ...ANSWER...✓✓ Eliminating risk entirely
from activities.
Risk retention - ...ANSWER...✓✓ Accepting risk by self-
funding potential losses.
Self-insurance - ...ANSWER...✓✓ Saving money to cover
potential losses.
