NEVADA LIFE INSURANCE EXAM QUESTIONS & ANSWERS 100% CORRECT(SCORED A+)

NEVADA LIFE INSURANCE EXAM QUESTIONS & ANSWERS 100% CORRECT (SCORED A+)
Question :What are the four required elements of an
insurance contract?
Correct answer:Agreement, consideration, competent
parties, and legal purpose.
Question :What two parts make up a life insurance
application?
Correct answer:General Information and the Medical
Information. An agent's report can go in a life insurance
application but is not included in the life insurance policy.
Question :When must insurable interest exist in life
insurance?
Correct answer:At the time of application.

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