North Carolina Insurance Regulations Practice Questions — Page 9 of 9
450 free North Carolina-specific insurance regulation questions for the North Carolina Life & Health exam — page 9.
- 401.A North Carolina insurer receives a completed application indicating that an existing life policy will be r…Difficulty 2/5NC specific
- 402.An insurer holding personal information collected during an insurance transaction wants to disclose it to a…Difficulty 2/5NC specific
- 403.A North Carolina producer tells a policyholder that the terms of the policy the policyholder currently owns…Difficulty 2/5NC specific
- 404.Under G.S. 58-62-21(d)(5), what is the maximum guaranty association protection per payee for a structured s…Difficulty 1/5NC specific
- 405.During a replacement transaction in North Carolina, an existing insurer asks the replacing insurer for a co…Difficulty 1/5NC specific
- 406.The Commissioner of Insurance finds that a producer willfully violated a provision of Chapter 58 and issues…Difficulty 2/5NC specific
- 407.Which statement accurately reflects North Carolina continuing education rules under 11 NCAC 6A .0802?Difficulty 3/5NC specific
- 408.An insurer is issuing a new individual life policy to an applicant in Raleigh. Under North Carolina's life …Difficulty 2/5NC specific
- 409.A licensed North Carolina producer dies, leaving an active book of business. The producer's spouse seeks a …Difficulty 2/5NC specific
- 410.Under 11 NCAC 6A .0802(a), which North Carolina licensees must complete the required ethics credit hours in…Difficulty 1/5NC specific
- 411.How long does an individual North Carolina producer license remain in force under G.S. 58-33-26(l)?Difficulty 1/5NC specific
- 412.Under North Carolina law, how does the license term of a licensed business entity differ from that of an in…Difficulty 1/5NC specific
- 413.Under the North Carolina Insurance Information and Privacy Protection Act (Article 39, G.S. 58-39-5 through…Difficulty 2/5NC specific
- 414.Which conduct by a licensed North Carolina producer would violate the ethical standards rule?Difficulty 1/5NC specific
- 415.A business entity willfully makes a false statement in a financial statement filed under oath with the Comm…Difficulty 3/5NC specific
- 416.A Durham hospital submits a health claim to a North Carolina insurer. Within how many calendar days of rece…Difficulty 1/5NC specific
- 417.The Commissioner of Insurance finds that a producer willfully violated a provision of Chapter 58, and that …Difficulty 3/5NC specific
- 418.An insurer delivers an individual family hospitalization policy to an insured in North Carolina. What retur…Difficulty 1/5NC specific
- 419.How long does a North Carolina producer license remain in force?Difficulty 1/5NC specific
- 420.Under the class definitions in G.S. 58-1-5, a policy paying benefits for disablement resulting from sicknes…Difficulty 1/5NC specific
- 421.An insurance company executive willfully makes a false statement in a financial statement that Chapter 58 r…Difficulty 2/5NC specific
- 422.A North Carolina life policy was incontestable after its original two-year contestable period, then lapsed …Difficulty 3/5NC specific
- 423.In a North Carolina life insurance replacement, which duty falls on the producer under 11 NCAC 12 .0605?Difficulty 1/5NC specific
- 424.A North Carolina life policy has been in force for more than two years. The insurer now wants to contest th…Difficulty 2/5NC specific
- 425.Under G.S. 58-33-56, from what point does the 15-day deadline for sending a producer a copy of the terminat…Difficulty 3/5NC specific
- 426.Under the incontestability provision required in North Carolina life policies, after what period from the d…Difficulty 1/5NC specific
- 427.In which situation may a North Carolina insurer provide a simplified written statement instead of the full …Difficulty 2/5NC specific
- 428.An insured pays premiums on a non-group health policy through payroll deduction, and the employer fails to …Difficulty 2/5NC specific
- 429.For a non-periodic accident and health claim, within what period after the date of loss must written proof …Difficulty 1/5NC specific
- 430.Which characteristic must a fraternal benefit society have to operate under North Carolina insurance law?Difficulty 1/5NC specific
- 431.A claimant submits satisfactory proof of death, including a certified certificate, on a life policy issued …Difficulty 1/5NC specific
- 432.The Commissioner of Insurance finds that a producer willfully violated a provision of Chapter 58 and orders…Difficulty 2/5NC specific
- 433.An insurer terminates a producer's appointment in North Carolina, for cause or otherwise. Within what time …Difficulty 1/5NC specific
- 434.To induce an applicant in Raleigh to buy a life policy, a producer offers to return part of her own commiss…Difficulty 1/5NC specific
- 435.A Raleigh resident holds a major medical policy that is defined as a health benefit plan, and the issuing m…Difficulty 2/5NC specific
- 436.A hospital submits a health claim to an insurer licensed in North Carolina. Within what period after receiv…Difficulty 2/5NC specific
- 437.A North Carolina health insurer receives a clean claim and pays it 45 calendar days later, having neither d…Difficulty 2/5NC specific
- 438.A North Carolina health insurer drafts its claim submission rules. What is the shortest proof-of-loss filin…Difficulty 1/5NC specific
- 439.A producer offers a prospective client in Charlotte a cash rebate out of the producer's own commission as a…Difficulty 2/5NC specific
- 440.What is the maximum guaranty association protection for the holder of an unallocated annuity contract that …Difficulty 3/5NC specific
- 441.Which statement correctly describes the North Carolina Life and Health Insurance Guaranty Association's lim…Difficulty 3/5NC specific
- 442.An individual acts as a life insurance producer in North Carolina without ever having obtained a license. W…Difficulty 1/5NC specific
- 443.A producer fails to complete his continuing education by the end of the compliance period. Under G.S. 58-33…Difficulty 2/5NC specific
- 444.A North Carolina member insurer becomes insolvent. Under G.S. 58-62-21(d), the guaranty association's aggre…Difficulty 3/5NC specific
- 445.Under G.S. 58-62-21(d)(2a), what limit applies per life to health insurance benefits when the coverage IS d…Difficulty 2/5NC specific
- 446.After a hearing, the Commissioner issues a cease-and-desist order against a producer engaged in unfair meth…Difficulty 2/5NC specific
- 447.How long does a North Carolina individual producer license remain valid before it must be renewed?Difficulty 1/5NC specific
- 448.Under North Carolina's fraternal benefit society law (G.S. 58-24-1 and following), what characterizes a fra…Difficulty 2/5NC specific
- 449.A North Carolina life producer asks how many continuing education credit hours she must complete each bienn…Difficulty 1/5NC specific
- 450.In North Carolina health insurance law, which description best fits an eligible employee for purposes of th…Difficulty 1/5NC specific