17 Free Nevada Life Insurance Exam Practice Questions (2026)

Nevada's life questions draw on the Life-General Knowledge part of Pearson VUE's content outline: 50 scored items in four sections, Types of Policies at 15, Life Provisions, Riders, Options and Exclusions at 15, Completing the Application, Underwriting and Delivering the Policy at 12, and Retirement and Other Insurance Concepts at 8. On the combined Life and Health exam it is one of three parts, alongside 50 scored items of Accident and Health-General Knowledge and 44 of Nevada-specific law. Candidates who take Life as its own single-line exam face 90 items, 80 of them scored, in 2 hours for $37, with the same scaled score of 70 as the passing standard, a score on a 0-100 scale and not a count of questions answered correctly. That exam can be taken at a Pearson VUE test center or online through OnVUE. Nevada requires no pre-licensing course, and resident applicants are fingerprinted after they apply for the license, not before the exam.

These 17 questions come from Chapters 2, 3 and 4 of LanePrep's Nevada Life & Health quiz bank, none of them repeated from the free 25-question sample across the whole exam: 5 on policy types and annuities (Chapter 2), 5 on life provisions, riders and exclusions (Chapter 3), and 7 on life underwriting, applications and retirement concepts (Chapter 4). On the combined exam those chapters are worth 15, 15 and 20 of the 144 scored items, which is the 50-item Life-General part. The grouping is LanePrep's, not Pearson VUE's: Chapter 4 teaches the application and underwriting section together with the retirement and other insurance concepts section. Nevada law is sampled in the free 25-question set. Each question shows its chapter, so a miss tells you exactly which audio lesson to replay.

For context, the NAIC's first-time pass rate on the single-line Life exam was 47.6 percent in 2024 and 52.7 percent in 2025, with test center and online candidates combined in both years.

Work them before you read the answer. Every question has the explanation folded underneath it. Guessing and then reading is worth more than reading and then agreeing.

Chapter 2 opens with product matching: the permanent policy whose cash value follows a market index with a floor, and the combination policy that pays when the first of a married couple dies. It then turns to annuities, first the payout option that guarantees income for life plus a minimum period for the children, then how withdrawals from a non-qualified deferred annuity are taxed. The last Chapter 2 question names the document a buyer of variable life must receive. Chapter 3 begins with the beneficiary designation a policyowner can change without the beneficiary's consent.

Chapter 3 continues with the exclusion that applies to a deep-sea commercial diver, how a universal life owner can reach cash value without a loan or a repayment obligation, and two dividend questions: which policy type pays none, and what a participating policy's dividend actually is. Chapter 4 then opens with underwriting, the rating class for an applicant whose health is well below average but who is still insurable, and the Social Security gap in survivor benefits known as the blackout period.

Chapter 4 closes the Life set with needs analysis and compliance. It asks for the approach that values a person's future earnings, what a producer should do when an applicant insists on paying a large initial premium in cash and refuses to give a Social Security number, and the approach that invests the death benefit and lives on the interest. The last two questions cover the tax-deferred retirement plan for state and local government employees and the transaction that is exempt from Nevada's life insurance replacement disclosure requirements.

Matching the policy type to the wrong need. Indexed Life links cash value growth to a market index through a participation rate, with an interest rate floor as the guaranteed minimum; Variable Whole Life has no such floor. A Joint Life (First-to-Die) policy pays when the first insured dies, which gives a surviving spouse immediate money for final expenses and the adjustment to one income. Survivorship Life (Second-to-Die) pays only at the last death, and an individual policy on each spouse pays only on that spouse's death.

Mixing up annuity payouts and annuity taxes. Life with Period Certain pays the annuitant for life and also guarantees payments to the beneficiaries for the rest of the specified period if the annuitant dies early. Straight Life pays only while the annuitant lives, and Joint and Last Survivor pays until the second person dies. Withdrawals from a non-qualified annuity are taxed last in, first out: the earnings come out first and are taxed, and only then does the principal, which was already taxed, come out free of tax.

Treating variable life like a traditional policy. Variable Life invests the cash value in a separate account that moves with the market, so it is a security as well as insurance, and the buyer must receive a prospectus describing the investment objectives, risks and charges. A policy illustration, a buyer's guide and a policy summary are different documents; in Nevada the life buyer's guide and policy summary are generally delivered before the insurer accepts the initial premium (NAC 686A.430). Nevada also puts variable life and variable annuities under a separate line of authority (NRS 683A.261), and the Division of Insurance adds that a producer who applies to sell them must be registered with the Financial Industry Regulatory Authority and hold an active producer license with the life line of authority. The Life line alone is not enough.

Confusing beneficiary rights, exclusions and ways to reach cash value. A policyowner can change a revocable beneficiary at any time without that person's consent, while changing an irrevocable beneficiary requires the beneficiary's consent. The Dangerous Occupation exclusion, also called the Hazardous Occupation exclusion, denies the death benefit when death results directly from a particularly hazardous job or hobby, such as a deep-sea diver's work; it is not the aviation, suicide or war exclusion. A universal life owner who wants cash without loan interest or an obligation to repay makes a partial surrender or withdrawal, which reduces the cash value and often the death benefit. A policy loan charges interest, and the Cash Surrender option ends the policy.

Treating dividends as a promise. A non-participating policy does not pay dividends, and these policies are typically issued by stock companies. A participating policy can pay dividends, but they are not guaranteed: the insurer's board of directors declares them from the company's favorable experience, and they represent a return of premium that turned out not to be needed. They are not an investment gain on the cash value, and the policy does not have to reach its maturity date first.

Misplacing the risk class and the survivor benefit gap. An applicant who poses a higher-than-average risk because of physical condition, occupation or habits, but is still insurable, is classified as Substandard, also called Rated, and is usually issued a policy at a higher premium. That is different from Declined, Standard or Preferred. In Social Security, the blackout period is the stretch in which a surviving spouse receives no benefits. It starts when the youngest child reaches the age at which the parent's benefit for caring for the child ends, not at the breadwinner's death, and it lasts until the surviving spouse reaches the minimum age for survivor retirement benefits.

Confusing the needs-analysis approaches. The Human Life Value approach starts from earning potential: it calculates the present value of the family's share of the breadwinner's future earnings. The Capital Retention approach, also called Preservation, asks how large a death benefit must be to produce enough investment income to support the family without touching the principal. Capital Liquidation is the opposite idea, using up the principal over time, and the Needs Approach builds the total from the specific amounts the survivors will need.

Accepting a suspicious cash premium. A large initial premium offered in physical cash, together with a refusal to provide a Social Security number, is the kind of situation the federal anti-money-laundering rules tell insurers and their producers to report, through a suspicious activity report. Taking the cash and holding it in escrow does not meet that duty, nor does rejecting the application and calling the local police, and a report to the Division of Insurance within a set number of hours is not the required report.

Matching the retirement plan or the replacement rule to the wrong situation. A Section 457 deferred compensation plan is the tax-deferred plan for employees of state and local governments and certain non-profit organizations. A 403(b) plan is for public schools and certain tax-exempt charities, a 401(k) is an employer plan in the private sector, and an HR-10 Keogh plan is for the self-employed. Nevada's life insurance replacement rules (NRS 686A.060 and NAC 686A.510 through .570) do not apply when the insured uses a contractual right to convert or change a policy with the same insurer, so converting a term policy to a permanent policy within the same insurer is exempt. The size of the death benefit and a short time in force do not create an exemption. A true replacement also gets a 30-day free look, longer than the 10 days on an ordinary policy.

How did you score?

13 or more correct: You're clearing most of the life sections. Move to the Health insurance exam set next, then read how to pass the Nevada Life & Health exam on the first try for the full study plan.

9-12 correct: You're in reasonable shape but not comfortable. Note which chapter your misses fell in and replay that chapter's audio lesson before retesting.

Under 9 correct: Start with Chapter 2 of the LanePrep Nevada Life & Health course and work forward through Chapters 3 and 4 rather than testing yourself again right away. A free preview is available at /nv/l-and-h/preview, no signup required.

For a 25-question sample across the whole exam, see the free practice set.

Exam format, fees and content outline item counts from Pearson VUE's Nevada Insurance Licensing Candidate Handbook (publication 122900, October 2024) and Nevada Insurance Content Outlines (publication 122903, 07/2026 edition); passing score from NAC 683A.270; variable product licensing from NRS 683A.261 and the Division of Insurance's Individual Producers page; buyer's guide delivery from NAC 686A.430; replacement rules from NRS 686A.060 and NAC 686A.510 through .570; free-look periods from NRS 688A.165; pass rates from the NAIC compiled pass-rate workbooks for 2024 and 2025. Read October 2026.