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Nevada Life & Health Insurance Exam Questions and Answers 100% Pass
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Nevada Life & Health Insurance Exam 
Questions and Answers 100% Pass 
term insurance - Answer- temporary protection because it only provides coverage for a 
specific period of time 
face amount - Answer- death benefit 
3 basic types of term coverage - Answer- level, increasing, decreasing 
- based on how the face amount changes during the policy term 
What is the premium in term insurance? - Answer- regardless of type of term insurance 
purchased, premium is level throughout the term of policy 
...
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Nevada Life and Health License Exam Prep Questions with 100% Correct Answers
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Nevada Life and Health License Exam Prep 
Questions with 100% Correct Answers 
What are the four required elements of an insurance contract? - Answer- Agreement, 
consideration, competent parties, and legal purpose. 
What two parts make up a life insurance application? - Answer- General Information 
and the Medical Information. An agent's report can go in a life insurance application but 
is not included in the life insurance policy. 
When must insurable interest exist in life insurance? - Answ...
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nevada life insurance exam questions and answers 100% correct
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nevada life insurance exam questions and 
answers 100% correct 
During replacement of life insurance, a replacing insurer must do which of the 
following? 
A Send a copy of the Notice Regarding Replacement to the Department of Insurance 
B Obtain a list of all life insurance policies that will be replaced 
C Guarantee a replacement for each existing policy 
D Designate a new producer for a replaced policy - Answer- B 
Which of the following documents must be provided to the policyowner or applic...
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Nevada Life Insurance Graded A+
- Exam (elaborations) • 13 pages • 2024
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Nevada Life Insurance Graded A+ 
During replacement of life insurance, a replacing insurer must do which of the following? 
A Send a copy of the Notice Regarding Replacement to the Department of Insurance 
B Obtain a list of all life insurance policies that will be replaced 
C Guarantee a replacement for each existing policy 
D Designate a new producer for a replaced policy B 
Which of the following documents must be provided to the policyowner or applicant during policy 
replacement? 
A...
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Nevada Life & Health Insurance Bundled Exams Questions and Answers (2024/2025) (Complete and Accurate)
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Nevada Life & Health Insurance Bundled Exams Questions and Answers (2024/2025) (Complete and Accurate)
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Nevada Life Insurance Questions and Answers Rated A+
- Exam (elaborations) • 21 pages • 2024
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Nevada Life Insurance Questions and 
 
Answers Rated A+ 
 
During replacement of life insurance, a replacing insurer must do which of the following? 
 
A Send a copy of the Notice Regarding Replacement to the Department of Insurance 
B Obtain a list of all life insurance policies that will be replaced 
C Guarantee a replacement for each existing policy 
D Designate a new producer for a replaced policy B 
 
Which of the following documents must be provided to the policyowner or applicant during 
...
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Nevada Life Insurance Exam 2024 With Guaranteed Accurate Answers
- Exam (elaborations) • 13 pages • 2024
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- $15.49
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During replacement of life insurance, a replacing insurer must do which of the following? 
 
A Send a copy of the Notice Regarding Replacement to the Department of Insurance 
B Obtain a list of all life insurance policies that will be replaced 
C Guarantee a replacement for each existing policy 
D Designate a new producer for a replaced policy - correct answer B 
 
Which of the following documents must be provided to the policyowner or applicant during policy replacement? 
 
A Buyer's Guide and...
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NEVADA LIFE INSURANCE EXAM 2024 WITH 100% CORRECT ANSWERS
- Exam (elaborations) • 13 pages • 2024
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- $13.49
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During replacement of life insurance, a replacing insurer must do which of the following? 
 
A Send a copy of the Notice Regarding Replacement to the Department of Insurance 
B Obtain a list of all life insurance policies that will be replaced 
C Guarantee a replacement for each existing policy 
D Designate a new producer for a replaced policyAnswer - B 
 
Which of the following documents must be provided to the policyowner or applicant during policy replacement? 
 
A Buyer's Guide and Policy ...
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Nevada Life Insurance Test | Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 13 pages • 2024
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- $11.49
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During replacement of life insurance, a replacing insurer must do which of the following? 
A Send a copy of the Notice Regarding Replacement to the Department of Insurance 
B Obtain a list of all life insurance policies that will be replaced 
C Guarantee a replacement for each existing policy 
D Designate a new producer for a replaced policy - B 
Which of the following documents must be provided to the policyowner or applicant during policy 
replacement? 
A Buyer's Guide and Policy Summary 
B P...
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Nevada Life Insurance Test | Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 13 pages • 2023
-
- $15.49
- + learn more
During replacement of life insurance, a replacing insurer must do which of the following? 
A Send a copy of the Notice Regarding Replacement to the Department of Insurance 
B Obtain a list of all life insurance policies that will be replaced 
C Guarantee a replacement for each existing policy 
D Designate a new producer for a replaced policy - B 
Which of the following documents must be provided to the policyowner or applicant during policy 
replacement? 
A Buyer's Guide and Policy Summary 
B P...
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