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Insurance Licensing Pennsylvania Life, Accident and Health Sample Questions:

1. Which of the following statements BEST describes a disability elimination period?

A) A time deductible rather than a dollar deductible.
B) A dollar deductible rather than a time deductible.
C) A qualifying period.
D) A benefit or utilization period.


2. What does the annuity certain payment option guarantee?

A) Payments will continue until all of the funds are exhausted
B) Benefits will be paid to the beneficiary for the remainder of their life
C) A higher rate of return
D) The highest monthly income


3. Which of the following is a branch of dentistry dealing with the replacement of missing parts?

A) Orthodontics
B) Periodontics
C) Endodontics
D) Prosthodontics


4. A group sponsor is considering a life insurance plan for its members. Which underwriting characteristic is most likely to influence the decision to proceed with the plan?

A) No individual medical exams required
B) Higher premiums for older members
C) Customized coverage for each member
D) Mandatory probationary periods


5. A violation of the annuity suitability laws may be determined by

A) the consumer's accountant
B) the insurer that issued the annuity.
C) a hearing before the Insurance Commissioner.
D) an independent agency.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: A
Question # 3
Answer: D
Question # 4
Answer: A
Question # 5
Answer: C

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