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Insurance Licensing InsNV_Health02 Exam Braindumps - in .pdf Free Demo

  • Exam Code: InsNV_Health02
  • Exam Name: NV Accident and Health
  • Last Updated: Sep 27, 2026
  • Q & A: 132 Questions and Answers
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  • Exam Code: InsNV_Health02
  • Exam Name: NV Accident and Health
  • Last Updated: Sep 27, 2026
  • Q & A: 132 Questions and Answers
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Insurance Licensing InsNV_Health02 Exam Syllabus Topics:

SectionWeightObjectives
Nevada Statutes and Codes Common to Life and Health Insurance Only4%- Group life and health insurance
  • 1. Eligible groups
    • 2. Required provisions
      - Credit life and health insurance
      - Advertising
      Accident & Health – General Knowledge50%- Other Insurance Concepts
      • 1. Dependent children benefits
        • 2. Tax treatment of premiums and proceeds of insurance contracts
          • 3. Total, partial, recurrent, and residual disability
            • 4. Occupational vs. non-occupational
              • 5. Primary and contingent beneficiaries
                • 6. Nonduplication and coordination of benefits
                  • 7. Owner's rights
                    • 8. Managed care
                      • 9. Subrogation
                        • 10. Workers Compensation
                          • 11. Modes of premium payments
                            • 12. Cost containment
                              - Types of Policies
                              • 1. Individual and Group Long Term Care
                                • Eligibility
                                • Levels of care
                              • 2. Other policies
                                • Dental
                                • Vision
                                • Cancer
                                • Critical illness or specified disease
                                • Worksite employer-sponsored
                                • Hospital indemnity
                                • Short-term medical
                                • Accident
                              • 3. Disability income
                                • Individual disability income policy
                                • Business overhead expense policy
                                • Business disability buyout policy
                                • Group disability income policy
                                • Key employee policy
                              • 4. Medical expense insurance
                                • Basic hospital, medical, and surgical policies
                                • Major medical policies
                                • Health Maintenance Organizations
                                • Preferred Provider Organizations
                                • Point of Service plans
                                • Flexible Spending Accounts
                                • High Deductible Health Plans and Health Savings Accounts
                                • Health Reimbursement Accounts
                              • 5. Accidental death and dismemberment
                                • 6. Medicare supplement policies
                                  • 7. Group insurance
                                    • Differences between individual and group contracts
                                    • General characteristics
                                    • COBRA
                                  - Social Insurance
                                  • 1. Social Security benefits
                                    • 2. Medicare Parts A, B, C, and D
                                      • 3. Medicaid
                                        - Field Underwriting Procedures
                                        • 1. Policy delivery
                                          • 2. Initial premium payment and receipt
                                            • 3. Sources of insurability and HIPAA privacy information
                                              • 4. Replacement
                                                • 5. Submitting application and initial premium to company for underwriting
                                                  • 6. Contract law
                                                    • Elements of a contract
                                                    • Insurable interest
                                                    • Warranties and representations
                                                    • Unique aspects of the insurance contract
                                                  • 7. Completing the application
                                                    • 8. Explaining policy provisions, riders, exclusions, and ratings
                                                      - Policy Provisions, Clauses, and Riders
                                                      • 1. Rights of renewability
                                                        • Noncancelable
                                                        • Cancelable
                                                        • Guaranteed renewable
                                                      • 2. Riders
                                                        • Impairment and exclusions
                                                        • Guaranteed insurability
                                                        • Future increase option
                                                      • 3. Mandatory and optional provisions
                                                        • Entire contract
                                                        • Time limit on certain defenses
                                                        • Grace period
                                                        • Reinstatement
                                                        • Notice of claim
                                                        • Claim forms
                                                        • Proof of loss
                                                        • Time of payment of claims
                                                        • Payment of claims
                                                        • Physical examination and autopsy
                                                        • Legal actions
                                                        • Change of beneficiary
                                                        • Misstatement of age or gender
                                                        • Change of occupation
                                                        • Illegal occupation
                                                        • Relation of earnings to insurance
                                                      • 4. Other provisions and clauses
                                                        • Insuring clause
                                                        • Free look
                                                        • Consideration clause
                                                        • Probationary period
                                                        • Elimination period
                                                        • Waiver of premium
                                                        • Exclusions and limitations
                                                        • Preexisting conditions
                                                        • Coinsurance
                                                        • Deductibles
                                                        • Eligible expenses
                                                        • Copayments
                                                        • Pre-authorizations and prior approval requirements
                                                        • Usual, reasonable, and customary charges
                                                        • Lifetime, annual, or per cause maximum benefit limits
                                                      Nevada Statutes and Codes Pertinent to Health Insurance Only14%- Long Term Care
                                                      - Mandatory policy clauses and provisions
                                                      • 1. Coverage for preventive healthcare services
                                                        • 2. Coverage for newborn children
                                                          • 3. Coverage for physical handicap or intellectual disability for dependent children
                                                            - Coverage for reconstructive surgery
                                                            - Hospice care
                                                            - Medicare
                                                            • 1. Medicare supplement regulation
                                                              • 2. Medicare Advantage Plans
                                                                • 3. Prescription Drug Plan
                                                                  - Availability of coverage for mental health and treatment of alcohol abuse and drug abuse
                                                                  Nevada Statutes and Codes Common to Life, Health, Property, and Casualty Insurance20%- Marketing Practices
                                                                  • 1. Fiduciary responsibilities
                                                                    • 2. Unfair practices
                                                                      • Unfair claims methods and practices and settlement of claims
                                                                      • Rebating and inducement
                                                                      • Twisting
                                                                      • Misrepresentation
                                                                      • Fraud
                                                                      • Unfair discrimination
                                                                      • Defamation
                                                                    • 3. Silver State Health Insurance Exchange
                                                                      • 4. Affordable Care Act
                                                                        • 5. Required records and record retention
                                                                          • 6. Commissions and payment restrictions
                                                                            - Definitions
                                                                            • 1. Domestic, foreign, and alien
                                                                              • 2. Cost-sharing
                                                                                • 3. Certificate of authority
                                                                                  • 4. Premiums
                                                                                    • 5. Transacting insurance
                                                                                      • 6. Authorized and unauthorized
                                                                                        • 7. Insurer
                                                                                          - Insurance Commissioner
                                                                                          • 1. Notice and hearings and penalties
                                                                                            • 2. General powers and duties
                                                                                              • 3. Examinations
                                                                                                - Licensing
                                                                                                • 1. Suspension, revocation, and refusal of license
                                                                                                  • 2. Name of licensee
                                                                                                    • 3. Renewal and continuing education
                                                                                                      • 4. Persons required to be licensed
                                                                                                        • 5. Obtaining a license
                                                                                                          • 6. Termination of license
                                                                                                            - Nevada Life and Health Insurance Guaranty Association

                                                                                                            Insurance Licensing NV Accident and Health Sample Questions:

                                                                                                            Question #1

                                                                                                            Which of the following is true regarding Medicare Advantage Plans?

                                                                                                            • A. Prescription drug coverage mandates generics only
                                                                                                            • B. Vision and dental coverage is mandated.
                                                                                                            • C. For many enrollee ' s deductible or coinsurance payments are reduced or eliminated
                                                                                                            • D. The enrollee may opt out of a preventative health care program and receive a reduced premium
                                                                                                            Reveal Solution  Discussion  0

                                                                                                            Correct Answer: C  🗳️

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                                                                                                            Question #2

                                                                                                            Which policy is designed to pay benefits upon diagnosis or treatment of a specifically named illness, such as cancer?

                                                                                                            • A. Specified disease insurance
                                                                                                            • B. Group term life insurance
                                                                                                            • C. Major medical insurance
                                                                                                            • D. Credit disability insurance
                                                                                                            Reveal Solution  Discussion  0

                                                                                                            Correct Answer: A  🗳️

                                                                                                            Explanation: Only visible for DumpTorrent members. You can sign-up / login (it's free).

                                                                                                            Question #3

                                                                                                            Which of the following information is included in the Consideration clause in an Accident and Health policy?

                                                                                                            • A. Description of the coverage provided
                                                                                                            • B. Explanation of the Contestable periods
                                                                                                            • C. Schedule and amount of premium payments
                                                                                                            • D. Duration of the Grace Period
                                                                                                            Reveal Solution  Discussion  0

                                                                                                            Correct Answer: C  🗳️

                                                                                                            Question #4

                                                                                                            Which of the following BEST describes Medicare Advantage Plans?

                                                                                                            • A. Privately subsidized government insurance
                                                                                                            • B. Federally funded welfare benefit plans
                                                                                                            • C. Long-Term care benefits rider added to basic Medicare benefits
                                                                                                            • D. Government Subsidized private insurance
                                                                                                            Reveal Solution  Discussion  0

                                                                                                            Correct Answer: D  🗳️

                                                                                                            Explanation: Only visible for DumpTorrent members. You can sign-up / login (it's free).

                                                                                                            Question #5

                                                                                                            Group coverage for a handicapped dependent child may be continued if the primary insured submits the required proof to the insurance company within what MAXIMUM period of time after the child reaches the limiting age?

                                                                                                            • A. 31 days
                                                                                                            • B. 30 days
                                                                                                            • C. 45 days
                                                                                                            • D. 15 days
                                                                                                            Reveal Solution  Discussion  0

                                                                                                            Correct Answer: A  🗳️

                                                                                                            Explanation: Only visible for DumpTorrent members. You can sign-up / login (it's free).

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