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North Carolina Insurance Regulations Practice Questions — Page 3 of 9

450 free North Carolina-specific insurance regulation questions for the North Carolina Life & Health exam — page 3.

  1. 101.A North Carolina producer takes an application for a new individual life insurance policy and collects the …
    Difficulty 2/5NC specific
  2. 102.An individual applies to the North Carolina Department of Insurance for a producer license in one line of a…
    Difficulty 1/5NC specific
  3. 103.A licensed North Carolina producer dies, and the Commissioner is asked to issue a temporary license so the …
    Difficulty 1/5NC specific
  4. 104.An insurance company appoints a North Carolina producer, and the producer submits the first application thr…
    Difficulty 1/5NC specific
  5. 105.What ethics requirement applies to a North Carolina life or accident and health producer during each bienni…
    Difficulty 1/5NC specific
  6. 106.An individual health policy delivered in Raleigh has premiums payable monthly. Under G.S. 58-51-15(a)(3), w…
    Difficulty 2/5NC specific
  7. 107.A pension fund that is not a governmental plan holds an unallocated annuity contract, and the issuing insur…
    Difficulty 2/5NC specific
  8. 108.An insurer terminates a producer's appointment for cause in North Carolina. Which sequence of notices and d…
    Difficulty 3/5NC specific
  9. 109.An accident and health policy delivered in Greensboro contains a provision that conflicts with a mandatory …
    Difficulty 2/5NC specific
  10. 110.Under G.S. 58-58-267, what must accompany viatical settlement applications and purchase agreements in North…
    Difficulty 2/5NC specific
  11. 111.During an investigation of possible unfair trade practices, which action may the North Carolina Commissione…
    Difficulty 1/5NC specific
  12. 112.The Commissioner issues a cease-and-desist order against an insurer, and the insurer willfully continues th…
    Difficulty 1/5NC specific
  13. 113.A candidate is preparing to take the North Carolina Accident and Health examination. What prelicensing educ…
    Difficulty 2/5NC specific
  14. 114.A North Carolina resident's individual life policy has been in force for some time and a premium other than…
    Difficulty 1/5NC specific
  15. 115.Under North Carolina common law, when must an insurable interest in the life of the insured exist for a lif…
    Difficulty 2/5NC specific
  16. 116.A North Carolina insurer corporation willfully makes a false statement in a financial document filed under …
    Difficulty 3/5NC specific
  17. 117.A person in Charlotte knowingly submits a fraudulent accident and health application in order to obtain ins…
    Difficulty 2/5NC specific
  18. 118.Under G.S. 58-62-21(d)(2a), what is the North Carolina Life and Health Insurance Guaranty Association limit…
    Difficulty 1/5NC specific
  19. 119.A North Carolina accident and health producer seeks a waiver of the continuing education requirement. Which…
    Difficulty 3/5NC specific
  20. 120.A candidate preparing for the North Carolina Accident and Health examination asks what prelicensing educati…
    Difficulty 1/5NC specific
  21. 121.An employer stops remitting payroll-deducted premiums on an employee's non-group health policy. At least ho…
    Difficulty 2/5NC specific
  22. 122.The Commissioner of Insurance finds that a producer violated a provision of Chapter 58 and orders a civil p…
    Difficulty 1/5NC specific
  23. 123.A Charlotte resident purchases an individual family hospitalization policy. What return right must the poli…
    Difficulty 1/5NC specific
  24. 124.An insured in Charlotte dies during the 31-day grace period of a life policy with the premium still unpaid.…
    Difficulty 2/5NC specific
  25. 125.An insured in Durham dies by suicide less than two years after an individual life policy was issued, and th…
    Difficulty 2/5NC specific
  26. 126.A licensed producer tells a prospect, 'You should buy this policy because the state guaranty association st…
    Difficulty 2/5NC specific
  27. 127.An insurer terminates a North Carolina producer's appointment. The insurer notifies the Commissioner within…
    Difficulty 3/5NC specific
  28. 128.An applicant in North Carolina knowingly makes a false and fraudulent statement in an insurance application…
    Difficulty 2/5NC specific
  29. 129.Under the North Carolina insurance code, which of the following best describes a contract of insurance?
    Difficulty 1/5NC specific
  30. 130.After group health coverage terminates, a former member wants the conversion privilege. Under G.S. 58-53-55…
    Difficulty 2/5NC specific
  31. 131.An individual life policy delivered in Charlotte limits suicide benefits for two years after issue. If the …
    Difficulty 2/5NC specific
  32. 132.A producer in Greensboro is handling a life insurance replacement. Under 11 NCAC 12 .0612(a)(4), what retur…
    Difficulty 2/5NC specific
  33. 133.A producer willfully continues the exact practice that a cease-and-desist order issued by the Commissioner …
    Difficulty 3/5NC specific
  34. 134.An insurer appoints a new North Carolina producer, who submits her first application for coverage on the in…
    Difficulty 1/5NC specific
  35. 135.An accident and health producer in Asheville completes her biennial compliance period but is short of the r…
    Difficulty 2/5NC specific
  36. 136.Under North Carolina insurance law, how are the statements an applicant makes in an application for insuran…
    Difficulty 1/5NC specific
  37. 137.The Commissioner of Insurance opens an investigation into an accident and health producer's sales practices…
    Difficulty 1/5NC specific
  38. 138.The Commissioner finds that a licensee violated a provision of Chapter 58 and decides to order a civil pena…
    Difficulty 1/5NC specific
  39. 139.The Commissioner finds a continuing violation of Chapter 58 by a producer that persists over several days. …
    Difficulty 1/5NC specific
  40. 140.The North Carolina Commissioner of Insurance finds that a licensed producer willfully violated a provision …
    Difficulty 1/5NC specific
  41. 141.An employee's group health coverage in North Carolina terminates because her job ends. Under state law, for…
    Difficulty 1/5NC specific
  42. 142.A North Carolina-domiciled insurer becomes financially impaired. A policyholder holds an individual health …
    Difficulty 1/5NC specific
  43. 143.Under G.S. 58-58-205(11), which transaction is a viatical settlement?
    Difficulty 1/5NC specific
  44. 144.A North Carolina applicant replaces an existing life policy with a new policy issued by the same insurer. U…
    Difficulty 3/5NC specific
  45. 145.Fourteen months after a North Carolina life policy is issued, the insured dies by suicide. The policy limit…
    Difficulty 3/5NC specific
  46. 146.Sixty days after losing her job, a former employee elects to continue her group health coverage and tenders…
    Difficulty 2/5NC specific
  47. 147.Under the North Carolina Insurance Information and Privacy Protection Act, an insurer may disclose a custom…
    Difficulty 2/5NC specific
  48. 148.After a member's group health coverage under a North Carolina group policy terminates, he wants an individu…
    Difficulty 2/5NC specific
  49. 149.Under North Carolina law, an employer qualifies as a 'small employer' for health coverage purposes when, on…
    Difficulty 1/5NC specific
  50. 150.Under North Carolina's Insurance Information and Privacy Protection Act, which condition would permit an in…
    Difficulty 1/5NC specific