NC Life Insurance Exam Prep Questions and Answers

NC Life Insurance Exam Prep Questions and Answers
Question 1: 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.
Question 2: 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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