NPCI Nevada Property and Casualty Insurance Exam - Set 2 - Part 3

Test your knowledge of technical writing concepts with these practice questions. Each question includes detailed explanations to help you understand the correct answers.

Question 41: Nevada regulation limits how an insurer may use driving incidents when rating automobile policies, keeping private passenger and commercial exposures separate. Under NAC 690B.250, an insurer rating a private passenger auto policy may consider incidents occurring while the driver operated what kind of vehicle?

A commercial vehicle only

Any vehicle the driver used

A private automobile for passengers

A borrowed or rented vehicle

Question 42: Nevada mandates a premium reduction for qualifying older drivers who complete an approved traffic safety course and maintain a clean record over set periods. At what age does a driver first become eligible for this mandatory premium reduction under NRS 690B.029?

60 years of age

50 years of age

65 years of age

55 years of age

Question 43: Nevada allows a private passenger auto policy to exclude liability coverage for bodily injury to another named insured or a household member, but only after full disclosure on an approved form. Among its requirements, that disclosure form must be printed in at least what type size?

12-point type

10-point bold type

8-point bold type

14-point type

Question 44: Nevada's code defines casualty insurance by listing fifteen kinds of coverage, lettered a through o. One entry on that list is significant because it links the casualty definition to a major separate topic on the exam. Which of the following is classified as a kind of casualty insurance?

Ocean marine insurance

Title insurance

Workers' compensation insurance

Life insurance

Question 45: Nevada's chapter on casualty and surety insurance contracts is short, but its first section links surety contracts to the general insurance-contract rules found elsewhere in the code. Under NRS 691B.010, surety insurance contracts on Nevada subjects are subject to which chapter's provisions?

Chapter 680A, on insurer authority

Chapter 685A, on surplus lines

Chapter 616A, on workers' compensation

Chapter 687B, on insurance contracts

Question 46: Nevada's workers' compensation law identifies which employers must secure coverage for their workers. The section whose catchline addresses applicability to all employers who employ at least one employee states the core duty. Which employers must provide and secure workers' compensation coverage?

Only employers with fifty or more

Every employer with one or more employees

Only employers in construction trades

Only incorporated businesses in Nevada

Question 47: Nevada excludes several categories of workers from the definition of employee for workers' compensation purposes. One distinctly Nevada exclusion covers a volunteer who receives no pay other than meals, lodging, or use of lift facilities. Which of the following is excluded under NRS 616A.110?

A voluntary ski patroller

A full-time ski instructor

A seasonal hotel clerk

A construction laborer

Question 48: When a Nevada employee is injured by accident arising out of and in the course of employment and is covered by workers' compensation, the statute limits the worker's legal options against the employer. What is the nature of the workers' compensation remedy under NRS 616A.020?

It is optional for the employee

It supplements a negligence lawsuit

It is the exclusive remedy

It applies only to permanent injuries

Question 49: A Nevada employer operates for a period without securing the required workers' compensation coverage. When the state charges the uninsured employer the premiums it should have paid, the statute caps how far back that charge may reach. What is the maximum look-back period under NRS 616D.200?

10 years

7 years

3 years

6 years

Question 50: A large Nevada employer wants to qualify as a self-insured employer for workers' compensation rather than buy coverage from a carrier. During the initial qualifying period, the statute requires the employer to demonstrate a minimum tangible net worth. What is that minimum amount under NRS 616B.300?

1,000,000 dollars

2,500,000 dollars

500,000 dollars

7,500,000 dollars

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