Insurance Licensing InsNV_Health02 : NV Accident and Health

  • Exam Code: InsNV_Health02
  • Exam Name: NV Accident and Health
  • Updated: Oct 10, 2026     Q & A: 132 Questions and Answers

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

                                                      Insurance Licensing NV Accident and Health Sample Questions:

                                                      Question #1

                                                      A life insurance policy owner has paid $1,200 in premiums in six months for a $250,000 policy. The policyowner dies suddenly and the insurer pays the beneficiary $250,000. This exchange of unequal values reflects which of the following insurance contract features?

                                                      • A. Aleatory
                                                      • B. Personal
                                                      • C. Unilateral
                                                      • D. Conditional
                                                      Reveal Solution  Discussion  0

                                                      Correct Answer: A  🗳️

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                                                      Question #2

                                                      An application for an individual Disability Income policy may require all of the following information about the proposed insured EXCEPT for:

                                                      • A. medical history
                                                      • B. marital status and occupation
                                                      • C. other disability policies already in force
                                                      • D. the spouse ' s occupation
                                                      Reveal Solution  Discussion  0

                                                      Correct Answer: D  🗳️

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                                                      Question #3

                                                      Under a Medicare Supplement policy that is issued in response to a direct solicitation, a policyowner may return the policy to the insurance company for a full premium refund within a MAXIMUM of how many days?

                                                      • A. Thirty
                                                      • B. Forty-five
                                                      • C. Ten
                                                      • D. Sixty
                                                      Reveal Solution  Discussion  0

                                                      Correct Answer: A  🗳️

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                                                      Question #4

                                                      In order to be covered under the Nevada Life and Health Insurance Guaranty Association, an insurance company MUST be:

                                                      • A. admitted
                                                      • B. a fraternal benefit society
                                                      • C. alien
                                                      • D. rated by AM Best
                                                      Reveal Solution  Discussion  0

                                                      Correct Answer: A  🗳️

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                                                      Question #5

                                                      The Nevada Life and Health Insurance Guaranty Association becomes involved in an insurance company ' s affairs when the company:

                                                      • A. enters a lawsuit against a claimant
                                                      • B. withdraws as an Association member
                                                      • C. denies a claim
                                                      • D. becomes insolvent
                                                      Reveal Solution  Discussion  0

                                                      Correct Answer: D  🗳️

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