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North Carolina Insurance Regulations Practice Questions — Page 2 of 9

450 free North Carolina-specific insurance regulation questions for the North Carolina Life & Health exam — page 2.

  1. 51.A licensed producer in Durham tells a policyholder that her current health policy is about to lapse and tha…
    Difficulty 2/5NC specific
  2. 52.A North Carolina insured owns an individual accident and health policy with premiums payable monthly. Under…
    Difficulty 1/5NC specific
  3. 53.A North Carolina insurer receives a health insurance claim from an insured. Under G.S. 58-3-225, within how…
    Difficulty 1/5NC specific
  4. 54.After a covered accident, an insured under an individual accident and health policy in North Carolina must …
    Difficulty 1/5NC specific
  5. 55.A producer makes statements misrepresenting the terms of a competitor's policies to induce policyholders to…
    Difficulty 2/5NC specific
  6. 56.A Durham policyholder receives a new individual hospital insurance policy and decides within 10 days of rec…
    Difficulty 2/5NC specific
  7. 57.An insured dies on the twentieth day of the grace period under a North Carolina life policy, with the overd…
    Difficulty 2/5NC specific
  8. 58.Under 11 NCAC 12 .0612(a)(3),(d), for how long must a replacing insurer be able to produce copies of the No…
    Difficulty 2/5NC specific
  9. 59.A candidate preparing for the North Carolina Accident and Health examination asks how many hours of prelice…
    Difficulty 3/5NC specific
  10. 60.A Raleigh applicant is replacing an existing life policy with a new policy from another insurer. Under 11 N…
    Difficulty 2/5NC specific
  11. 61.A life policy delivered in North Carolina has lapsed for nonpayment of premium, has not been surrendered, a…
    Difficulty 1/5NC specific
  12. 62.Which portion of the North Carolina Insurance Code governs fraternal benefit societies?
    Difficulty 1/5NC specific
  13. 63.Under G.S. 58-62-21(d)(2a), what guaranty association limit applies to health benefit plans for any one lif…
    Difficulty 2/5NC specific
  14. 64.A nonresident producer licensed in North Carolina completes all the continuing education her home state req…
    Difficulty 1/5NC specific
  15. 65.Group health coverage terminates and the member does not elect continuation. To exercise the conversion pri…
    Difficulty 1/5NC specific
  16. 66.An insurer receives satisfactory proof of death under a North Carolina life policy. Under G.S. 58-58-110(a)…
    Difficulty 2/5NC specific
  17. 67.An officer of an insurance company willfully makes a false statement in a financial report the company is r…
    Difficulty 3/5NC specific
  18. 68.An applicant for an accident and health policy in North Carolina knowingly makes a false statement about a …
    Difficulty 2/5NC specific
  19. 69.An insurer mails advertisements into North Carolina that materially misrepresent the benefits of its accide…
    Difficulty 1/5NC specific
  20. 70.A North Carolina producer's long-term medical disability qualifies her for a waiver of the continuing educa…
    Difficulty 1/5NC specific
  21. 71.Which North Carolina licensees must complete flood insurance (NFIP) continuing education, and on what sched…
    Difficulty 3/5NC specific
  22. 72.Following an examination by the North Carolina Department of Insurance, the Commissioner finds that a produ…
    Difficulty 2/5NC specific
  23. 73.Before issuing an individual life insurance policy in North Carolina, what must appear on the face of the p…
    Difficulty 1/5NC specific
  24. 74.Which characteristic describes a fraternal benefit society operating under North Carolina's Article 24 (G.S…
    Difficulty 2/5NC specific
  25. 75.A North Carolina producer completed fewer than the required credit hours by the end of her biennial continu…
    Difficulty 2/5NC specific
  26. 76.Under G.S. 58-62-86, which practice involving the guaranty association is prohibited?
    Difficulty 2/5NC specific
  27. 77.A North Carolina insurer receives a health insurance claim. Within how many calendar days must it pay the c…
    Difficulty 1/5NC specific
  28. 78.Under North Carolina law, what grace period must an individual life insurance policy provide for payment of…
    Difficulty 1/5NC specific
  29. 79.A person in North Carolina submits fabricated invoices to an insurer to obtain a claim payment that is not …
    Difficulty 2/5NC specific
  30. 80.An insured in Durham holds an individual sickness policy under which premiums are collected weekly by the p…
    Difficulty 1/5NC specific
  31. 81.An insurer receives a North Carolina producer's first application for insurance from a new client. Under G.…
    Difficulty 1/5NC specific
  32. 82.An insurer in Greensboro terminates a producer's appointment. Under G.S. 58-33-56, which timeline correctly…
    Difficulty 2/5NC specific
  33. 83.A producer licensed in North Carolina asks when her individual producer license will expire so she can plan…
    Difficulty 1/5NC specific
  34. 84.During a regulatory examination, a North Carolina replacing insurer is asked to produce copies of Notices R…
    Difficulty 2/5NC specific
  35. 85.A North Carolina producer's first insurance application is submitted through a new insurer relationship. Un…
    Difficulty 1/5NC specific
  36. 86.Of the 24 ICECs a North Carolina accident and health producer must complete each biennial compliance period…
    Difficulty 1/5NC specific
  37. 87.A licensing candidate is reading the North Carolina Insurance Code and wants to know which provision suppli…
    Difficulty 1/5NC specific
  38. 88.A producer in Greensboro tells a policyholder that her current accident and health policy's benefits are ma…
    Difficulty 2/5NC specific
  39. 89.Under G.S. 58-60-15, when must an insurer deliver the Buyer's Guide and Policy Summary for an individual li…
    Difficulty 1/5NC specific
  40. 90.Under North Carolina continuing education rules, how many continuing education credit hours must a resident…
    Difficulty 1/5NC specific
  41. 91.Chapter 58 of the North Carolina General Statutes contains a definitions provision at G.S. 58-1-5. What eff…
    Difficulty 2/5NC specific
  42. 92.Under North Carolina solicitation law, in which situation may an insurer use a simplified written statement…
    Difficulty 1/5NC specific
  43. 93.A producer in Greensboro sells a new life policy that will replace an existing life policy owned by the app…
    Difficulty 2/5NC specific
  44. 94.An individual life policy issued in North Carolina limits suicide benefits for two years after issue. If th…
    Difficulty 2/5NC specific
  45. 95.In Greensboro, one applicant replaces an existing life policy through a new insurer, while another applican…
    Difficulty 3/5NC specific
  46. 96.A nonresident producer licensed in North Carolina allows her home-state license to lapse. Under G.S. 58-33-…
    Difficulty 3/5NC specific
  47. 97.A North Carolina producer offers to pay a portion of an applicant's first-year premium out of her own commi…
    Difficulty 2/5NC specific
  48. 98.A Raleigh resident buys an individual accident and health policy containing a preexisting condition exclusi…
    Difficulty 2/5NC specific
  49. 99.A North Carolina life policyowner stops paying premiums and later wants the policy back in force. Within wh…
    Difficulty 1/5NC specific
  50. 100.To induce a policyholder in Greensboro to surrender an existing life policy and buy a new one, a producer m…
    Difficulty 2/5NC specific