Quality InsNV_Health02 PDF Dumps – InsNV_Health02 Exam Questions [Q37-Q57]

October 10, 2026 examdumps 0 Comment

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Quality InsNV_Health02 PDF Dumps – InsNV_Health02 Exam Questions

Most UptoDate Insurance Licensing InsNV_Health02 Exam Dumps PDF 2026

Insurance Licensing InsNV_Health02 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Nevada Statutes, Rules and Regulations	~32%	– Nevada Health-Specific Regulations 1. Group and Credit Health Rules 2. Replacement and Free-Look Provisions 3. Advertising and Disclosure Rules – General State Insurance Regulations 1. Insurance Guaranty Associations 2. Agent Licensing Requirements 3. Insurance Commissioner Authority 4. Definitions and General Provisions 5. Marketing Practices and Unfair Trade
Topic 2: Accident and Health — General Knowledge	~68%	– Policy Provisions, Clauses & Riders 1. Other Provisions and Clauses 2. Common Riders 3. Optional Provisions 4. Mandatory Uniform Provisions – Social Insurance / Government Plans 1. Medicaid 2. Social Security Disability Benefits 3. Medicare (Parts A, B, C, D) – Insurance Concepts and Underwriting 1. Application and Underwriting 2. Insurance Basics and Risk 3. Premiums and Renewal – Types of Health Insurance Policies 1. Disability Income Insurance 2. Group Health Insurance 3. Medical Expense / Major Medical Insurance 4. Limited Benefit Plans 5. Medicare Supplement Policies 6. Long-Term Care (LTC) Insurance 7. Accidental Death & Dismemberment

Section

Weight

Objectives

Topic 1: Nevada Statutes, Rules and Regulations

~32%

– Nevada Health-Specific Regulations

1. Group and Credit Health Rules
2. Replacement and Free-Look Provisions
3. Advertising and Disclosure Rules

– General State Insurance Regulations

1. Insurance Guaranty Associations
2. Agent Licensing Requirements
3. Insurance Commissioner Authority
4. Definitions and General Provisions
5. Marketing Practices and Unfair Trade

Topic 2: Accident and Health — General Knowledge

~68%

– Policy Provisions, Clauses & Riders

1. Other Provisions and Clauses
2. Common Riders
3. Optional Provisions
4. Mandatory Uniform Provisions

– Social Insurance / Government Plans

1. Medicaid
2. Social Security Disability Benefits
3. Medicare (Parts A, B, C, D)

– Insurance Concepts and Underwriting

1. Application and Underwriting
2. Insurance Basics and Risk
3. Premiums and Renewal

– Types of Health Insurance Policies

1. Disability Income Insurance
2. Group Health Insurance
3. Medical Expense / Major Medical Insurance
4. Limited Benefit Plans
5. Medicare Supplement Policies
6. Long-Term Care (LTC) Insurance
7. Accidental Death & Dismemberment

NO.37 When must insurable interest generally exist in a life insurance transaction?

Only when the death benefit is paid

At the time the policy is issued

Only after the policy has been in force for two years

Only when the beneficiary is changed

NO.38 An incorporated licensee who seeks to do business under a fictitious name is required to file a document about the name with the:

National Association of Health Underwriters

Nevada Insurance Commissioner

National Association of Insurance and Financial Advisors

Nevada Attorney General ‘ s office

NO.39 When a nonqualified annuity is surrendered for more than the owner’s investment in the contract, how is the gain generally treated for federal income-tax purposes?

As a tax-free return of principal only

As ordinary income

As a long-term capital gain in all cases

As a deductible business loss

NO.40 Which of the following situations describes a representation?

An insurance company guarantees that policy benefits will be paid promptly on receipt of a Proof of Loss

An insurance company guarantees that premiums paid will be refunded within 30 days after the policy ‘ s effective date if an insured is dissatisfied with the policy

A prospect ‘ s statement on an application that is held to be substantially true

A prospect ‘ s statement on an application that is held to be absolutely true

NO.41 A consumer wishes to purchase an insurance policy that covers pre-existing illnesses. The consumer contacted the producer who informed the consumer:

there are no plans that cover pre-existing conditions

there are some health insurance plans that cover pre-existing conditions with a surcharge

there are no out-of-pocket fees for persons with pre-existing conditions

the consumer ‘ s pre-existing condition will not stop the consumer from enrolling in a Qualified Health Plan (QHP) on the Exchange

NO.42 A life policy lapses because a premium was not paid. To reinstate the policy, the insurer will generally require all of the following EXCEPT:

Evidence of insurability

Payment of overdue premiums with interest

A new medical examination in every case

Reinstatement within the policy’s permitted time limit

NO.43 Which type of health insurance is designed primarily to reimburse medical expenses such as hospital, surgical, and physician charges?

Medical expense insurance

Disability income insurance

Accidental death insurance

Credit life insurance

NO.44 Which feature most clearly distinguishes a health maintenance organization (HMO) from a traditional indemnity health insurance plan?

The HMO always reimburses any provider at the same level.

The HMO pays only after the insured satisfies a cash-value requirement.

The HMO commonly uses a provider network and coordinates care through managed-care rules.

The HMO provides only disability-income benefits.

NO.45 For a group health plan subject to the federal waiting-period rule, the waiting period for otherwise eligible employees generally may not exceed:

30 calendar days

60 calendar days

90 calendar days

180 calendar days

NO.46 Under an individual Major Medical policy, a married policyowner has the right to take which of the following actions?

Demand binding arbitration if there is disagreement over a claim

Sue the insurance company for not paying a claim within 30 days after submission of Proof of Loss

Reinstate the policy within 3 years after it lapses

Add a newborn child to the policy without providing proof of insurability

NO.47 Which of the following is NOT a preventive benefit for adults?

Skin cancer screening

High blood pressure screening

Physical therapy

Mammograms

NO.48 For Social Security disability benefits, which statement is generally correct?

Benefits are payable for any short-term illness that prevents work for one week.

The program uses a strict definition of disability involving inability to perform substantial work for a required duration.

Benefits are available only to persons age 65 or older.

The program is funded entirely by private insurance premiums.

NO.49 A group health insurance policy MUST include coverage for which of the following expenses?

Adult dental

Hospice

Adult vision

Over-the-counter dietary supplements

NO.50 Under a Gold health insurance plan, an insurer would be expected to pay which percentage of medical costs?

60%

70%

80%

90%

NO.51 Which policy is designed to pay benefits upon diagnosis or treatment of a specifically named illness, such as cancer?

Specified disease insurance

Major medical insurance

Credit disability insurance

Group term life insurance

NO.52 Which underwriting duty is most directly performed by a producer during a life insurance application interview?

Determining the insurer’s final premium classification

Gathering complete application information and observing apparent risk factors

Approving all policy loans

Paying claims from insurer reserves

NO.53 Which of the following groups is NOT eligible to purchase blanket health insurance to cover its members for a specific event or activity?

A church

A family

A newspaper corporation

A volunteer fire department

NO.54 A client needs a $250,000 death benefit for exactly 20 years to protect a home mortgage. The client wants the lowest practical initial premium and does not need cash-value accumulation. Which policy is most appropriate?

Whole life insurance

Level term life insurance

Variable life insurance

Universal life insurance

NO.55 All insurance companies and producers who sell Group Life or Accident and Health policies in Nevada MUST:

obtain a receipt when delivering individual certificates to insureds

deliver to the policyholder individual certificates for all insureds

deliver a policy to each insured member of a group

notify the Commissioner when individual certificates have been issued

NO.56 The Coinsurance clause in an individual Medical Expense policy refers to the:

insured ‘ s rights to have another person, such as a spouse or child, insured on the same policy

insurance company ‘ s right to join with another company to carry excessive coverage on a particular individual

insurance company ‘ s right to share claim experience with another company

insurance company ‘ s right to require the insured to share a certain percentage of the cost of each claim

NO.57 A $100,000 group Accidental Death and Dismemberment policy will pay double indemnity if the insured dies in a commercial airplane crash. If the insured is killed when flying to a business meeting on a commercial flight, the policy will pay a MAXIMUM of:

$100,000

$200,000

$300,000