NC LIFE EXAM QUESTIONS WITH 100% CORRECT ANSWERS

NC LIFE EXAM QUESTIONS WITH 100% CORRECT ANSWERS
Question :All of the following are included within the
Insurance Commissioner's duties EXCEPT
a) Conducting investigation of all domestic insurers.
b) Reviewing the insurers' annual reports.
c) Writing North Carolina insurance laws.
d) Reporting any violations of insurance laws to the
Attorney General.
Correct answer:c) Writing North Carolina insurance laws.
Writing insurance law is not the Insurance
Commissioner's responsibility, but enforcing the law is.
Question :Which of the following insurance providers
must be nonprofit and sell insurance only to its members?
a) Reciprocal
b) Fraternal
c) Service
d) Mutual

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