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NC Life Insurance Exam Prep Questions and Answers 100% Pass

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NC Life Insurance Exam Prep Questions and Answers 100% Pass An agent who sells an individual life insurance policy in NC MUST deliver to the policyowner - Correct Answer ️️ -A policy summary and buyer's guide All of the following actions are considered rebating EXCEPT - Correct Answer ️️ - Sharing commissions with other licensed and appointed agents What benefit does the Payor Clause on a Juvenile Life Policy provide? - Correct Answer ️️ -Premiums are waived if payor becomes ...

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North Carolina Medicare Supplement and Long-Term Care Practice Exam Questions and Answers 100% Pass

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North Carolina Medicare Supplement and Long-Term Care Practice Exam Questions and Answers 100% Pass An individual who is not eligible for premium-free Medicare Part A coverage may apply for coverage during which of the following enrollment periods? A. All of the above B. Initial enrollment period C. General enrollment period D. Special enrollment period - Correct Answer ️️ -A. All of the above Medicare makes what payment for services in which another payer may be responsible: A. Con...

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NC Life Exam Simulation Practice Questions and Answers 100% Pass

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NC Life Exam Simulation Practice Questions and Answers 100% Pass Which of the following actions require a policyowner to provide proof of insurability in an Adjustable Life policy? - Correct Answer ️️ -ANSWER: increase face amount 2. If the Commissioner of insurance finds that a licensed person has used fraudulent, coercive, or dishonest practices or has proved to be incompetent, untrustworthy, or financially irresponsible, the law allows the Commissioner to - Correct Answer ️️ - ...

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NC - Health Insurance - Practice Exam Questions with 100% Correct Answers

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NC - Health Insurance - Practice Exam Questions with 100% Correct Answers All of the following are true regarding Key Employee Disability Income insurance EXCEPT A) Premiums are not tax deductible for the employer. B) Benefits are taxable to the employer. C) The employer owns the policy. D) Benefits are paid to the employer to retrain a new person. - Correct Answer ️️ -B) Benefits are taxable to the employer. Key person disability income premiums are not deductible to the business, ...

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NC Medicare Supplement & Long Term Care Insurance Licensing Exam Questions and Answers 100% Pass

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NC Medicare Supplement & Long Term Care Insurance Licensing Exam Questions and Answers 100% Pass Medicare - Correct Answer ️️ -Health insurance for those over age 65, people under 65 with certain disabilities & those with ESRD (end stage renal disease - permanent kidney failure requiring dialysis or kidney transplant) CMS - Correct Answer ️️ -Centers for Medicare and Medicaid Services administers the Medicare program. Social Security Administration handles most of the enrollment &...

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NC Life Insurance Exam Practice Questions and Answers 100% Pass

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NC Life Insurance Exam Practice Questions and Answers 100% Pass Fraternal Benefit Society - Correct Answer ️️ -An organization of people who share a month ethnic, religious or vocational affiliation. They are entities they have no capital stock, have a representative form of government. They exist not for profit but solely for the benefit of their members and their beneficiaries and operate on a lodge system. Fraternal Benefit Societies - Correct Answer ️️ -Agents of these societie...

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NC Medicare/LTC Exam Practice Questions and Answers 100% Pass

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NC Medicare/LTC Exam Practice Questions and Answers 100% Pass Home health care covers occasional visits from who? - Correct Answer ️️ -Registered nurses, licensed practical nurses, community-based professionals (like hospice). **Does NOT cover visits from attending physicians. Programs that are provided to people who are too poor to qualify for Medicaid. - Correct Answer ️️ -State-only Medicaid programs LTC provision that provides a guarantee that certain policy benefits will rema...

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Medicare, Medicaide, LTC NC Insurance Exam Questions and Answers 100% Pass

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Medicare, Medicaide, LTC NC Insurance Exam Questions and Answers 100% Pass Federal Program - Correct Answer ️️ -Medicare is a federal health insurance program. Part of the Social Security program, Medicare is run by the Centers for Medicare & Medicaid Services of the Department of Health and Human Services. Private firms contract with the federal government to handle the paperwork, review claims, and disburse claim payments. Medicare Part A - Correct Answer ️️ -Designed primarily ...

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NC LIFE insurance state exam Practice Questions and Answers 100% Pass

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NC LIFE insurance state exam Practice Questions and Answers 100% Pass CREDIT LIFE - Correct Answer ️️ -a special type of coverage written to the life of the debtor and pay off the balance of a loan in the event of the death of the debtor. BUY-SELL AGREEMENTS - Correct Answer ️️ -a legal contract that determines what will be done with a business in the event that an owner dies or becomes disabled. Otherwise known as a business continuation agreement INSURABLE INTEREST - Correct Ans...

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