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Insurance Licensing InsNV_Health02 exam : NV Accident and Health

InsNV_Health02 Exam Simulator
  • Exam Code: InsNV_Health02
  • Exam Name: NV Accident and Health
  • Updated: Oct 07, 2026
  • Q & A: 132 Questions and Answers
  • Insurance Licensing InsNV_Health02 Q&A - in .pdf

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Insurance Licensing InsNV_Health02 exam simulator

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Insurance Licensing InsNV_Health02 Exam Syllabus Topics:

SectionObjectives
Government Health Insurance Programs- Medicaid and Other Programs
  • 1. Medicaid eligibility and coverage
    - Medicare
    • 1. Medicare supplement insurance
      • 2. Medicare parts and eligibility
        Accident and Health Insurance Fundamentals- Types of Health Insurance Policies
        • 1. Managed care plans
          • 2. Group health insurance
            • 3. Individual health insurance
              - Disability Income Insurance
              • 1. Elimination periods and benefit periods
                • 2. Disability definitions and benefits
                  - Medical Expense Insurance
                  • 1. Major medical plans
                    • 2. Hospital, surgical, and physician expense coverage
                      General Insurance Regulation- Nevada Insurance Department and Regulatory Authority
                      • 1. Insurance laws, rules, and regulations
                        • 2. Commissioner of Insurance powers and duties
                          - Licensing Requirements and Responsibilities
                          • 1. Continuing education and license maintenance
                            • 2. Producer licensing requirements
                              Health Insurance Policy Provisions- Mandatory and Optional Provisions
                              • 1. Renewability provisions
                                • 2. Policy requirements and clauses
                                  - Claims and Benefits
                                  • 1. Claim procedures
                                    • 2. Benefit determination and payment
                                      Producer Duties and Ethics- Sales Practices
                                      • 1. Advertising and marketing rules
                                        • 2. Unfair trade practices
                                          - Ethical Responsibilities
                                          • 1. Consumer protection requirements
                                            • 2. Fiduciary responsibilities
                                              Insurance Basics- Risk Management and Insurance Concepts
                                              • 1. Insurance principles and contract characteristics
                                                • 2. Types of risk and methods of handling risk
                                                  - Insurance Contracts
                                                  • 1. Contract elements
                                                    • 2. Policy provisions, riders, and exclusions

                                                      Insurance Licensing NV Accident and Health Sample Questions:

                                                      Question #1

                                                      Which of the following statements is CORRECT about Business Overhead Expense insurance?

                                                      • A. It reimburses the policyowner for loss of income.
                                                      • B. It covers eligible expenses for staff, rent, and utilities.
                                                      • C. It covers eligible expenses for staff only.
                                                      • D. It can be obtained only by corporations.
                                                      Reveal Solution  Discussion  0

                                                      Correct Answer: B  🗳️

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                                                      Question #2

                                                      A policyowner names two children as beneficiaries "per stirpes." If one child dies before the insured but leaves children, how are that deceased child's share and the surviving child's share handled?

                                                      • A. The deceased child's descendants receive that child's share.
                                                      • B. The estate of the deceased child automatically receives all proceeds.
                                                      • C. The deceased child's share passes to the insurer.
                                                      • D. The surviving child receives all proceeds.
                                                      Reveal Solution  Discussion  0

                                                      Correct Answer: A  🗳️

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                                                      Question #3

                                                      Basic cancer plans pay for all of the following EXCEPT:

                                                      • A. chemotherapy
                                                      • B. physical therapy
                                                      • C. radiotherapy
                                                      • D. immunotherapy
                                                      Reveal Solution  Discussion  0

                                                      Correct Answer: B  🗳️

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                                                      Question #4

                                                      According to Nevada law, an authorized insurer is BEST defined as:

                                                      • A. an insurer with a certificate of authority issued by the Insurance Commissioner of Nevada
                                                      • B. any insurer with minimum assets as required by this state
                                                      • C. an insurer authorized under a certificate of authority issued by the Governor of Nevada
                                                      • D. an insurer with a certificate of authority issued by the National Association of Insurance Commissioners (NAIC)
                                                      Reveal Solution  Discussion  0

                                                      Correct Answer: A  🗳️

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                                                      Question #5

                                                      In order for a health insurance producer to be an Exchange Enrollment Facilitator (EEF), the producer:

                                                      • A. must surrender the producer ' s license and apply for an Exchange Enrollment Facilitator license
                                                      • B. can offer advice to consumers resulting in the " steering " of the selection of coverage
                                                      • C. can receive both commission and compensation as a facilitator
                                                      • D. can receive commissions from the company in addition to the compensation as a facilitator
                                                      Reveal Solution  Discussion  0

                                                      Correct Answer: A  🗳️

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