Investing in a NV Accident and Health (InsNV_Health02) certification is essential for professionals looking to advance their careers and stay competitive in the job market. With our actual Insurance Licensing InsNV_Health02 questions PDF, InsNV_Health02 practice exams along with the support of our customer support team, you can be confident that you are getting the best possible InsNV_Health02 Preparation material for the test. Download Real InsNV_Health02 questions today and start your journey to success.
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Nevada Statutes and Codes Common to Life and Health Insurance Only | 4% | - Group life and health insurance
- Advertising |
| Topic 2: Nevada Statutes and Codes Common to Life, Health, Property, and Casualty Insurance | 20% | - Licensing
- Definitions
|
| Topic 3: Accident & Health – General Knowledge | 50% | - Field Underwriting Procedures
|
| Topic 4: Nevada Statutes and Codes Pertinent to Health Insurance Only | 14% | - Mandatory policy clauses and provisions
- Availability of coverage for mental health and treatment of alcohol abuse and drug abuse - Coverage for reconstructive surgery - Hospice care |
>> Cert InsNV_Health02 Exam <<
You can install Insurance Licensing InsNV_Health02 PRACTICE TEST file and desktop practice test software on your devices and easily start NV Accident and Health (InsNV_Health02) exam preparation right now. Whereas the "Lead2PassExam" InsNV_Health02 web-based practice test software is concerned, it is a simple browser-based application that works with all the latest web browsers. Just put the link of Lead2PassExam InsNV_Health02 web-based practice test application in your browser and start Insurance Licensing InsNV_Health02 exam preparation without wasting further time. The "Lead2PassExam" is quite confident that you will be the next successful NV Accident and Health exam candidate.
NEW QUESTION # 69
Under a typical coordination-of-benefits rule, a child is covered under both parents' group health plans.
Which plan is generally primary when the parents are married and neither plan contains an exception?
Answer: B
Explanation:
Coordination of benefits, or COB, establishes the order in which multiple health plans pay when an insured is covered by more than one plan. For a dependent child covered by both married parents' group health plans, the common "birthday rule" generally makes primary the plan of the parent whose birthday occurs earlier in the calendar year. The rule compares the month and day of birth, not the year. If both birthdays are the same, the plan that has covered the parent longer is generally primary.
The primary plan pays first according to its own policy terms. The secondary plan then considers the remaining eligible expense and may pay an additional amount, subject to its coordination-of-benefits provision. COB is intended to prevent duplicate recovery exceeding the actual covered expense while still allowing the insured to receive the benefit of multiple coverages.
Special rules can apply in divorce, custody, court-order, active-versus-retired employee, Medicare, and other situations. The producer should never assume that one generic rule governs every family arrangement. Plan documents and applicable law control. For examination purposes, the birthday rule is the standard answer when the parents are married and no special circumstance is stated.
References/topics from the Study Guide: Coordination of Benefits; Primary and Secondary Coverage; Birthday Rule; Group Health Insurance; Dependent Coverage.
NEW QUESTION # 70
Under a Disability policy, the Elimination period is:
Answer: C
Explanation:
The elimination period is the waiting period that must pass after disability begins before disability income benefits become payable. Choice C is correct because it performs a function similar to a deductible, but it is measured in time rather than dollars. For example, a policy may require an insured to remain disabled for 30,
60, 90, or 180 days before benefits begin. The insured bears the financial impact of the disability during that initial period, just as an insured bears a deductible before medical expense benefits apply. A longer elimination period generally reduces the policy premium because the insurer begins payments later and may avoid paying shorter-duration claims. The elimination period is not necessarily longer for accidents than sickness; many policies use the same waiting period for both. It is selected under the policy terms, rather than being an undefined period solely controlled by the insurer. It is also not the same as a probationary period, which is a period at the beginning of a policy during which sickness losses may be excluded. Study Guide References/Topics: Policy Provisions, Clauses, and Riders; Disability Income Insurance; Elimination Period.
NEW QUESTION # 71
As a condition to granting a loan, a creditor can:
Answer: B
Explanation:
A creditor may accept an assignment from an existing policy as security for a loan. When consumer credit insurance is required as additional security for debt, Nevada law allows the debtor to furnish the required insurance through existing policies owned or controlled by the debtor, or through any insurer authorized to transact insurance in Nevada.
A creditor may not require the borrower to purchase insurance from a particular insurer. That would improperly limit the borrower's freedom of choice. The creditor also may not require coverage in an amount greater than the debt being secured. Credit insurance is intended to protect the creditor against the unpaid obligation, not to create excess insurance for the creditor's benefit.
Similarly, a creditor may not impose a higher interest rate merely because the borrower declines to purchase credit insurance. Credit insurance must not be represented as a mandatory condition of loan approval when it is optional.
Assignment allows the borrower's existing coverage to be used as collateral or security without forcing the borrower to buy duplicative insurance. The creditor may require proof that the existing insurance is adequate for the risk and debt involved.
Study Guide references/topics: credit insurance; creditor-debtor relationship; assignment; consumer protections; NRS 690A.140 .
NEW QUESTION # 72
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?
Answer: C
NEW QUESTION # 73
Which of the following BEST describes Medicare Advantage Plans?
Answer: D
Explanation:
Medicare Advantage Plans are best described as government-subsidized private insurance. Medicare Advantage, also called Medicare Part C, is offered by private companies that contract with Medicare and must follow Medicare rules. Eligible beneficiaries receive their Medicare-covered benefits through the private plan instead of receiving benefits through Original Medicare directly.
The federal Medicare program pays private Medicare Advantage organizations to provide covered services to enrolled beneficiaries. The plans must provide all medically necessary services covered by Original Medicare, except hospice care, which remains covered under Original Medicare. Many Medicare Advantage plans also include prescription drug coverage and may provide additional benefits such as dental, vision, hearing, wellness, or transportation benefits.
The plans are private, but they are not privately subsidized government insurance. They are federally regulated Medicare arrangements supported by Medicare payments. They are not long-term care riders and are not welfare benefit plans. Enrollees generally continue paying their Medicare Part B premium and may also pay a plan premium, although some plans have a $0 additional premium.
Study Guide references/topics: Medicare Part C; Medicare Advantage; private insurers; federal Medicare program; Medicare Advantage overview .
NEW QUESTION # 74
......
In order to make all customers feel comfortable, our company will promise that we will offer the perfect and considerate service for all customers. If you buy the InsNV_Health02 study materials from our company, you will have the right to enjoy the perfect service. We have employed a lot of online workers to help all customers solve their problem. If you have any questions about the InsNV_Health02 Study Materials, do not hesitate and ask us in your anytime, we are glad to answer your questions and help you use our InsNV_Health02 study materials well. We believe our perfect service will make you feel comfortable when you are preparing for your exam.
Certification InsNV_Health02 Exam Dumps: https://www.lead2passexam.com/Insurance-Licensing/valid-InsNV_Health02-exam-dumps.html