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North Carolina Insurance Regulations Practice Questions — Page 6 of 9

450 free North Carolina-specific insurance regulation questions for the North Carolina Life & Health exam — page 6.

  1. 251.A producer failed to complete the required CE hours by the compliance deadline and the license is set to la…
    Difficulty 1/5NC specific
  2. 252.Under G.S. 58-62-21(d)(5), the North Carolina guaranty association limit for structured settlement benefits…
    Difficulty 1/5NC specific
  3. 253.An insurer willfully violates a cease-and-desist order issued by the North Carolina Commissioner of Insuran…
    Difficulty 1/5NC specific
  4. 254.Under G.S. 58-1-10, the North Carolina Insurance Code applies to:
    Difficulty 1/5NC specific
  5. 255.What is the primary subject matter of the North Carolina Insurance Information and Privacy Protection Act (…
    Difficulty 1/5NC specific
  6. 256.Under G.S. 58-50-110(22), which combination correctly describes the North Carolina small-employer health co…
    Difficulty 2/5NC specific
  7. 257.A person submits a fabricated claim to an insurer to obtain money. In addition to insurance-law sanctions, …
    Difficulty 2/5NC specific
  8. 258.A member's group health coverage ends and the continuation period expires. Within how many days after termi…
    Difficulty 2/5NC specific
  9. 259.A North Carolina life policy limits suicide benefits for a period after issue. The insured dies by suicide …
    Difficulty 1/5NC specific
  10. 260.In one enforcement file, a producer willfully violates a cease-and-desist order (violation one), and separa…
    Difficulty 3/5NC specific
  11. 261.Under the North Carolina Life and Health Insurance Guaranty Association Act, the maximum protection for hea…
    Difficulty 2/5NC specific
  12. 262.An insurer terminates a producer for ordinary performance reasons unrelated to any misconduct or dishonesty…
    Difficulty 2/5NC specific
  13. 263.An insurer's violation of Chapter 58 has injured consumers, and the Commissioner seeks restitution for them…
    Difficulty 2/5NC specific
  14. 264.A North Carolina insurer requests additional information to process a health claim, but the insured never s…
    Difficulty 3/5NC specific
  15. 265.Under G.S. 58-63-15(11), which of the following is an unfair claims settlement practice?
    Difficulty 1/5NC specific
  16. 266.The Commissioner finds that a producer violated a provision of Chapter 58 and orders an administrative civi…
    Difficulty 2/5NC specific
  17. 267.An insured in Charlotte holds an individual major medical policy that qualifies as a health benefit plan, i…
    Difficulty 2/5NC specific
  18. 268.An insurer issues an individual life policy whose equivalent level death benefit is more than $5,000 and de…
    Difficulty 3/5NC specific
  19. 269.For an individual accident and health claim in North Carolina, written proof of loss must generally be furn…
    Difficulty 1/5NC specific
  20. 270.An applicant in Greensboro is replacing an existing life insurance policy with a new policy from a differen…
    Difficulty 3/5NC specific
  21. 271.During a single biennial compliance period, a North Carolina producer completes a 3-credit ethics course an…
    Difficulty 3/5NC specific
  22. 272.An applicant's answer on an accident and health insurance application later proves to be inaccurate. Under …
    Difficulty 2/5NC specific
  23. 273.A North Carolina producer's first-year business consists mostly of policies sold to himself, his spouse, an…
    Difficulty 3/5NC specific
  24. 274.A North Carolina insurer requested additional information on a health claim, but the claimant never supplie…
    Difficulty 2/5NC specific
  25. 275.An insurer's treasurer willfully makes a false statement in a report the company is required to file under …
    Difficulty 2/5NC specific
  26. 276.A producer licensed in North Carolina asks a licensing specialist when her producer license must be renewed…
    Difficulty 1/5NC specific
  27. 277.A nonresident producer licensed in North Carolina allows his home-state license to lapse. What is the conse…
    Difficulty 3/5NC specific
  28. 278.An insurer in North Carolina collects personal information from an applicant and later wants to disclose it…
    Difficulty 1/5NC specific
  29. 279.Two unallocated annuity obligations exist with an insolvent member insurer: one funds a governmental retire…
    Difficulty 3/5NC specific
  30. 280.Under G.S. 58-51-15(a)(11), what is the outside deadline for bringing a legal action to recover benefits un…
    Difficulty 3/5NC specific
  31. 281.A North Carolina organization wants to qualify as a fraternal benefit society under Article 24 (G.S. 58-24-…
    Difficulty 2/5NC specific
  32. 282.Under North Carolina's Insurance Information and Privacy Protection Act, an insurer that wants to disclose …
    Difficulty 1/5NC specific
  33. 283.An insurer willfully violates a cease-and-desist order issued by the Commissioner of Insurance. Under G.S. …
    Difficulty 1/5NC specific
  34. 284.Under G.S. 58-50-110, a North Carolina 'small employer' is one that, on at least 50% of its working days du…
    Difficulty 2/5NC specific
  35. 285.Under 11 NCAC 12 .0612(a)(2), after receiving a completed life insurance application that indicates replace…
    Difficulty 1/5NC specific
  36. 286.An accident and health policy has been in force for more than two years. The insurer discovers that the ins…
    Difficulty 3/5NC specific
  37. 287.Under G.S. 58-62-21(d)(2a), what is the North Carolina guaranty association limit for any one life for cove…
    Difficulty 1/5NC specific
  38. 288.A resident North Carolina accident and health producer must complete how many continuing education credit h…
    Difficulty 1/5NC specific
  39. 289.A North Carolina health insurer is drafting the claim-filing provision of its policy. Under G.S. 58-3-225(f…
    Difficulty 2/5NC specific
  40. 290.A licensed producer fails to complete the required continuing education by the end of the biennial period. …
    Difficulty 2/5NC specific
  41. 291.An insured pays the premium on an individual non-group health policy through payroll deduction, and the emp…
    Difficulty 2/5NC specific
  42. 292.A newly licensed producer in Charlotte asks when the North Carolina producer license will expire. Which ans…
    Difficulty 2/5NC specific
  43. 293.A dispute arises in Raleigh over the meaning of a term used in several parts of North Carolina's insurance …
    Difficulty 1/5NC specific
  44. 294.A Durham employee covered under her employer's group hospital policy for five consecutive months loses elig…
    Difficulty 3/5NC specific
  45. 295.How are continuing education compliance deadlines scheduled for North Carolina licensees?
    Difficulty 3/5NC specific
  46. 296.An officer of an insurance company willfully makes a false material statement in a financial statement file…
    Difficulty 2/5NC specific
  47. 297.A producer in Durham replaces a client's existing life insurance policy with a new policy from another insu…
    Difficulty 3/5NC specific
  48. 298.An insolvent member insurer issued a single life policy to one North Carolina policyholder; its death benef…
    Difficulty 3/5NC specific
  49. 299.An insurer in North Carolina terminates a producer's appointment. Which sequence of notice deadlines does G…
    Difficulty 3/5NC specific
  50. 300.An employee whose group health coverage has terminated seeks to convert to an individual policy without evi…
    Difficulty 2/5NC specific