Free Insurance Licensing InsNV_Health02 Exam Dumps Questions & Answers

A producer who makes misleading policy comparisons for the purpose of inducing an insured to surrender an existing policy is guilty of:

• A.  rebating
• B.  coercion
• C.  twisting
• D.  defamation

One key distinction between producers and Exchange Enrollment Facilitator (EEF) is producers:

• A.  are compensated monetarily
• B.  can recommend a health plan for a consumer
• C.  can explain insurance terms like copayments and deductibles
• D.  can answer questions regarding program eligibility

An insurer shall not issue an individual long-term care insurance contract in Nevada unless the insurer has received from the applicant:

• A.  a notarized waiver dated and signed by the applicant stating that the applicant has chosen not to designate another person to receive notice of any lapse or termination of coverage for nonpayment of premium
• B.  a designation by at least one person, in addition to the applicant, to accept liability for services provided to the applicant
• C.  a written designation by the applicant to pay premium for long-term care insurance through either a payroll or pension deduction plan
• D.  a written designation of at least one person, in addition to the applicant, who must receive notice of any lapse or termination of coverage under the policy for nonpayment of premium

A Nevada producer wants to solicit an individual disability-income policy. Which license authority is required?

• A.  Property insurance authority
• B.  Casualty insurance authority
• C.  Personal lines authority
• D.  Accident and health insurance authority

Most insurance companies use the usual, customary, and reasonable (UCR) charges to:

• A.  reimburse the employee for expenses charged by the medical facilities
• B.  reimburse physicians for excess expense
• C.  limit the insurance company claims liability
• D.  pay dollars direct to the employers for health insurance