North Carolina Insurance Regulations Practice Questions — Page 4 of 9
450 free North Carolina-specific insurance regulation questions for the North Carolina Life & Health exam — page 4.
- 151.A licensed North Carolina producer offers to give a prospective client a cash rebate of part of the produce…Difficulty 2/5NC specific
- 152.An employee in Charlotte is terminated after many years and wants to keep the employer's group major medica…Difficulty 1/5NC specific
- 153.A policyholder in Raleigh held two individual life policies with the same member insurer that has been decl…Difficulty 2/5NC specific
- 154.An insurer notifies the Commissioner that it has terminated a producer's appointment and sends the producer…Difficulty 2/5NC specific
- 155.Under G.S. 58-58-120, which of the following policies is EXEMPT from the notice-before-forfeiture requireme…Difficulty 3/5NC specific
- 156.Under the claim provisions of G.S. 58-51-15, written notice of an accident and health claim must be given t…Difficulty 1/5NC specific
- 157.A Raleigh applicant overstates his income on a life insurance application. Under North Carolina law, what i…Difficulty 2/5NC specific
- 158.An insured in Durham allowed a life policy to lapse and now wants it back. Under G.S. 58-58-22(5), within w…Difficulty 2/5NC specific
- 159.A licensed North Carolina producer dies, and her spouse wants to keep servicing the business while arrangem…Difficulty 2/5NC specific
- 160.During an investigation conducted by the North Carolina Department of Insurance, which of the following may…Difficulty 1/5NC specific
- 161.The guaranty association covers two individuals: one under a policy qualifying as a health benefit plan, an…Difficulty 3/5NC specific
- 162.A North Carolina producer reaches the end of the biennial compliance period without completing the required…Difficulty 2/5NC specific
- 163.An insurer terminates a North Carolina producer's appointment. Under G.S. 58-33-56, which sequence of deadl…Difficulty 3/5NC specific
- 164.A North Carolina life policy that includes a grace period is about to lapse for nonpayment of premium. Unde…Difficulty 3/5NC specific
- 165.A North Carolina insurer receives satisfactory proof of death, including a certified certificate, under a l…Difficulty 2/5NC specific
- 166.After a hearing, the Commissioner issues a cease-and-desist order to a North Carolina producer, who willful…Difficulty 3/5NC specific
- 167.An officer of an insurance company willfully makes a false statement in a financial report filed under oath…Difficulty 2/5NC specific
- 168.How many continuing education credit hours (ICECs) must a North Carolina life licensee complete in each bie…Difficulty 1/5NC specific
- 169.An employee's group major medical coverage terminates because her employment ends. Under North Carolina's c…Difficulty 1/5NC specific
- 170.A producer plans to concentrate sales on policies covering the producer's own family members and closely he…Difficulty 3/5NC specific
- 171.An insured in Greensboro holds an individual hospitalization policy with premiums payable monthly and misse…Difficulty 2/5NC specific
- 172.For purposes of North Carolina's health coverage rules for small employers, which employer qualifies as a s…Difficulty 2/5NC specific
- 173.The Commissioner of Insurance issues a cease-and-desist order to a licensee, who then willfully violates it…Difficulty 2/5NC specific
- 174.A licensed North Carolina life and health producer dies, and her spouse wants to keep the agency operating.…Difficulty 2/5NC specific
- 175.Under G.S. 58-58-25, a North Carolina life insurer may NOT refuse to issue a policy or charge a higher prem…Difficulty 1/5NC specific
- 176.The North Carolina Commissioner of Insurance suspects improper conduct by a licensed producer and needs to …Difficulty 1/5NC specific
- 177.Which of the following is an unfair claims settlement practice under the North Carolina Unfair Trade Practi…Difficulty 1/5NC specific
- 178.A North Carolina applicant is replacing an existing life insurance policy. Within how many days of delivery…Difficulty 1/5NC specific
- 179.A non-governmental employee benefit trust holds unallocated annuity contracts issued by an insurer declared…Difficulty 3/5NC specific
- 180.An insurance corporation willfully files a materially false statement under oath that the Commissioner requ…Difficulty 3/5NC specific
- 181.A licensed North Carolina accident and health producer dies unexpectedly, and her spouse asks about a tempo…Difficulty 1/5NC specific
- 182.The owner of an individual life insurance policy issued in North Carolina pays premiums quarterly and misse…Difficulty 1/5NC specific
- 183.For North Carolina's small-employer health coverage rules, an 'eligible employee' is defined under G.S. 58-…Difficulty 2/5NC specific
- 184.After a hearing, the Commissioner of Insurance finds that a producer committed a single violation of the No…Difficulty 1/5NC specific
- 185.After a covered disability begins under a North Carolina accident and health policy, the insured must submi…Difficulty 1/5NC specific
- 186.An applicant for a North Carolina accident and health policy gives answers about her medical history in the…Difficulty 2/5NC specific
- 187.An insurer appoints a producer in North Carolina who submits the first application on a client's behalf. Wh…Difficulty 1/5NC specific
- 188.A person in North Carolina knowingly uses false pretenses to obtain insurance benefits to which he is not e…Difficulty 2/5NC specific
- 189.A North Carolina producer fails to complete her continuing education requirement by the end of the biennial…Difficulty 2/5NC specific
- 190.Under North Carolina law, what must a viatical settlement application or purchase agreement contain?Difficulty 2/5NC specific
- 191.A producer replaces a client's existing life policy with a new one from another insurer. What return right …Difficulty 2/5NC specific
- 192.Under 11 NCAC 6A .0802(a) and G.S. 58-33-130, how many continuing education credit hours must a North Carol…Difficulty 1/5NC specific
- 193.Under 11 NCAC 4 .0423, North Carolina's ethical standards for producers require that a producer:Difficulty 1/5NC specific
- 194.An applicant for health benefits submits fabricated invoices to persuade an insurer to pay a claim it does …Difficulty 1/5NC specific
- 195.Which statement best describes a fraternal benefit society under North Carolina insurance law?Difficulty 1/5NC specific
- 196.A candidate preparing for the North Carolina Life examination asks what prelicensing education the state cu…Difficulty 2/5NC specific
- 197.A member insurer becomes insolvent. It had issued three life insurance policies to the same individual; tog…Difficulty 3/5NC specific
- 198.Under 11 NCAC 12 .0447, every individual life or annuity policy delivered in North Carolina must display th…Difficulty 1/5NC specific
- 199.Under G.S. 58-51-10, an insured who buys an individual hospitalization policy in North Carolina may return …Difficulty 1/5NC specific
- 200.A life insurance policy issued in North Carolina has premiums payable after the first. Under the standard g…Difficulty 1/5NC specific