North Carolina Insurance Regulations Practice Questions — Page 7 of 9
450 free North Carolina-specific insurance regulation questions for the North Carolina Life & Health exam — page 7.
- 301.Under North Carolina's Insurance Information and Privacy Protection Act, an insurer wants to disclose a cus…Difficulty 1/5NC specific
- 302.A person in North Carolina knowingly uses false pretenses to obtain insurance benefit payments for himself.…Difficulty 1/5NC specific
- 303.A producer in Raleigh replaces a client's existing life policy with a new one from another insurer. Under 1…Difficulty 2/5NC specific
- 304.A licensee willfully violates a cease-and-desist order that the Commissioner previously issued against him.…Difficulty 1/5NC specific
- 305.Under North Carolina insurance law, when must an insurable interest exist in a life insurance contract?Difficulty 2/5NC specific
- 306.In North Carolina, what is the shortest claim-filing window a health insurer is permitted to require in its…Difficulty 1/5NC specific
- 307.Two business partners take out life insurance policies on each other through the same insurer. Years after …Difficulty 1/5NC specific
- 308.A lapsed North Carolina life policy is reinstated after the owner completes a reinstatement application ans…Difficulty 3/5NC specific
- 309.Under G.S. 58-62-21(d)(3) and (4), unallocated annuity protection for a participant in a governmental retir…Difficulty 3/5NC specific
- 310.During a market-conduct examination, a North Carolina replacing insurer is asked to produce its Notices Reg…Difficulty 1/5NC specific
- 311.Under North Carolina guaranty association law, unallocated annuity contracts are protected as follows:Difficulty 2/5NC specific
- 312.A Durham worker is injured in an accident and promptly gives the insurer written notice of claim. Under the…Difficulty 2/5NC specific
- 313.A North Carolina producer, trying to close a sale, tells a prospect that the state guaranty association wil…Difficulty 2/5NC specific
- 314.A North Carolina resident receives payments under a structured settlement annuity when the member insurer t…Difficulty 1/5NC specific
- 315.At a sales meeting in Raleigh, a licensed producer distributes flyers claiming that a competing insurer 'is…Difficulty 2/5NC specific
- 316.An insurer receives satisfactory proof of death for a life policy delivered in Durham. Under G.S. 58-58-110…Difficulty 2/5NC specific
- 317.A Durham hospital submits a health claim to an insurer, which neither pays, denies, nor requests informatio…Difficulty 2/5NC specific
- 318.The ethical standards rule adopted by the Commissioner at 11 NCAC 4 .0423 governs which of the following?Difficulty 1/5NC specific
- 319.An insurer receives the first insurance application submitted by its newly recruited North Carolina produce…Difficulty 1/5NC specific
- 320.When must an insurer deliver the Buyer's Guide and Policy Summary for a North Carolina life policy?Difficulty 2/5NC specific
- 321.Under North Carolina's Insurance Information and Privacy Protection Act (Article 39), an insurer that has c…Difficulty 2/5NC specific
- 322.Under 11 NCAC 12 .0447, how must the Ten Day Free Look provision be displayed on an individual life or annu…Difficulty 1/5NC specific
- 323.A producer submits her first insurance application under a new insurer appointment. Within what period must…Difficulty 1/5NC specific
- 324.A North Carolina resident holds individual life coverage with accumulated cash values from an insolvent mem…Difficulty 2/5NC specific
- 325.A viatical settlement application used in North Carolina must contain which required disclosure?Difficulty 2/5NC specific
- 326.A policyholder exchanges an existing life policy for a new one issued by the same insurer (an internal repl…Difficulty 2/5NC specific
- 327.A Raleigh employee had been covered under her employer's group health plan for only a brief period when her…Difficulty 1/5NC specific
- 328.A replacing insurer in North Carolina receives a completed application that indicates replacement of an exi…Difficulty 1/5NC specific
- 329.An insurer willfully violates a cease-and-desist order that was issued by the North Carolina Commissioner o…Difficulty 1/5NC specific
- 330.An insurer willfully violates a cease-and-desist order issued by the North Carolina Commissioner. Separatel…Difficulty 3/5NC specific
- 331.Which statement best describes the authority of the Commissioner of Insurance in North Carolina?Difficulty 1/5NC specific
- 332.A policyholder in Charlotte holds several individual life policies with cash values from the same insolvent…Difficulty 2/5NC specific
- 333.An applicant makes an innocent, nonfraudulent misstatement about her family's health history in an insuranc…Difficulty 2/5NC specific
- 334.An individual health policy issued in North Carolina contains a preexisting condition exclusion. The insure…Difficulty 2/5NC specific
- 335.The Commissioner of Insurance finds that a producer violated a provision of Chapter 58 that carries no sepa…Difficulty 1/5NC specific
- 336.An insurer doing business in North Carolina receives satisfactory proof of death, including a certified cer…Difficulty 1/5NC specific
- 337.A newly licensed North Carolina producer asks the NCDOI when her producer license will expire and require r…Difficulty 2/5NC specific
- 338.Two years after an individual major medical policy was issued in North Carolina, the insurer discovers the …Difficulty 3/5NC specific
- 339.After her group health coverage terminated, a North Carolina employee is weighing her options. Which statem…Difficulty 3/5NC specific
- 340.A North Carolina member insurer becomes insolvent. For any one life, the Life and Health Insurance Guaranty…Difficulty 2/5NC specific
- 341.How many continuing education credit hours must a North Carolina life producer complete in each biennial co…Difficulty 1/5NC specific
- 342.In the North Carolina insurance code, which term describes a person licensed to sell, solicit, or negotiate…Difficulty 1/5NC specific
- 343.A life policy contains an unconditional refund provision allowing return for a full refund of premium. Unde…Difficulty 3/5NC specific
- 344.A former employee is partway through North Carolina continuation coverage when the employer's group policy …Difficulty 2/5NC specific
- 345.Under G.S. 58-58-22(2), after what period from the date of issue may a North Carolina life insurer no longe…Difficulty 1/5NC specific
- 346.Which employer meets North Carolina's statutory definition of a small employer for health coverage purposes?Difficulty 1/5NC specific
- 347.A candidate preparing for the North Carolina accident and health licensing examination asks what prelicensi…Difficulty 2/5NC specific
- 348.An insurer's representative makes an incomplete comparison of policy terms to persuade a policyholder in Du…Difficulty 2/5NC specific
- 349.A lapsed North Carolina life policy is reinstated after the insured intentionally understated a recent hosp…Difficulty 3/5NC specific
- 350.An insurer receives a health claim but does not pay it, deny it, or request additional information within t…Difficulty 2/5NC specific