Practice Updated Virginia Life Annuities and Health Insurance Questions (V9.02) to Make Preparations – Virginia Life Annuities and Health Insurance Free Dumps (Part 1, Q1-Q40)

1. A contractual arrangement that transfers exposure from one insurer to another insurer is a:

2. An information security program shall be designed to do all of the following, EXCEPT:

3. The reinstatement provision in individual health insurance:

4. An individual purchased an annuity with a series of premium payments continuing over a period of twenty years.

The purchase payments were made during the:

5. If a patient with a preferred provider plan chooses to use a non-preferred provider, the patient usually can expect:

6. The unwritten authority of an agent to perform incidental acts necessary to fulfill the purpose of the agency agreement is:

7. In the solicitation and sale of Medicare Supplement insurance policies, when must an agent deliver the buyer’s guide?

8. Which is true about ownership of a deferred annuity contract?

9. Under Virginia standards for marketing long-term care coverage, all of these are prohibited sales practices EXCEPT:

10. Which of these is true of a conditionally renewable individual health contract?

11. In health insurance, the insurance policy, the endorsements, and any relevant papers attached to the policy make up the:

12. A coordination of benefits provision is included in group health insurance to reduce:

13. False advertising regarding insurance policies would be found in all of the following EXCEPT:

14. What is a situation or condition that increases the likelihood of an insured loss occurring?

15. What is a condition for which medical advice or treatment was recommended by or received from a provider of health care service within six months preceding the effective date of an individual long-term care policy?

16. The designation of a beneficiary by class in a life insurance policy means that:

17. The information which gives an insurer necessary personal data regarding an individual and helps determine whether the individual can be insured under an individual health insurance policy is contained in the:

18. Renewal of small employer health insurance plans may be denied for all of the following reasons EXCEPT:

19. When an HIV test is requested by a health insurer, who signs the consent form?

20. All of the following are common features found in health maintenance organizations (HMOs) EXCEPT:

21. Which expenses are covered by Medicare Part D?

22. In a deferred annuity, which contract feature begins at a high level, often 5%-10%, and then diminishes until it disappears after a specified number of years?

23. 1.Which of the following statements is true regarding an insurance agent’s license?

24. Which contract provides an income benefit until the first of two annuitants dies?

25. All of the following are underwriting criteria for individual life insurance EXCEPT:

26. What are long-term care insurance "ADL's"?

27. Which of the following terms may NOT be used in the advertisement of Accident and Sickness Insurance?

28. In general practice, which one of the following is true of the powers of the Bureau of Insurance with respect to access to an agent’s business records?

29. A health maintenance organization (HMO) member receives all preventive and routine medical care from the:

30. Which is true about the conversion privilege in term life insurance?

31. If a patient with a preferred provider organization (PPO) chooses to use a non-PPO provider, the patient usually can expect:

32. To cancel a health insurance policy, which one of the following must the insured do?

33. Anything of value given to produce a contract is the definition of:

34. Immediate annuities are often purchased by people who:

35. All of the following are dividend options in life insurance policies EXCEPT:

36. One characteristic of flexible premium life insurance is that payment of the premium can be altered at the option of:

37. Which is true about an adjustable life insurance policy?

38. A licensee must report an administrative action taken by another state or governmental agency to the Bureau of Insurance within how many calendar days after final disposition?

39. Disability income insurance policies usually provide coverage for loss of income resulting from:

40. Keogh plans are also known as: