NV Life & Health case studies
NV Life & Health · Put your knowledge to work in context.
The Nevada Life & Health Insurance Producer Licensing Exam is the state licensing assessment a candidate must pass before being issued a producer license to sell life insurance and health/accident insurance products in Nevada. It is aimed at people entering the insurance business for the first time - career changers, agency support staff moving into sales, and newly hired broker-associates - as well as producers adding a line of authority. The NV Life & Health case studies are 5 cases and about 4,184 words.
1The Producer Who Filed First and Asked Later
Marcus has held a Nevada life and health producer license since 2021 and sells mostly small-group medical plans. His license term ends March 31.
839 words, about 4 min2A Sole Proprietor, a Term Policy, and a Seven-Pay Pitch
Priya, 41, is a sole proprietor netting 140,000. Her husband earns 62,000.
813 words, about 4 min3Incontestability, Age Misstatement, and the Nicotine Gum
Devon's application in March 2022 for a 500,000 20-year term policy listed his date of birth as March 1983 and answered 'no' to a question asking about any nicotine use in the past five years. He was born in March 1978.
808 words, about 4 min4Walter's Annuity Exchange and the Exclusion Ratio That Doesn't Exist
Walter, 73, is a widower with 600,000 in a traditional IRA and a nonqualified deferred annuity bought in 2011 for 120,000 that is now worth 180,000. His required minimum distribution from the IRA this year is 26,000, and he needs $30,000 a year of extra spendable income.
840 words, about 4 min5Nora's Two Disability Policies and the 30-Hour Line
Nora, 46, is a dental hygienist at a 22-employee practice in Reno. The group medical plan is fully insured with a 2,000 deductible and 80/20 coinsurance to a 6,000 out-of-pocket maximum; she pays 30% of the premium.
884 words, about 4 min