Page 1 of 22
GA LIFE INSURANCE EXAM NEWEST 2026 ACTUAL
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) ALL ANSWERED
{130 Q & A} ALREADY GRADED A+ | BRAND NEW! |
100% GUARANTEED PASS
Which rider provides coverage for a child under a parent's life
insurance policy? - ✔✔✔ Correct Answer > child term rider
S has a Whole Life policy with a premium payment due soon.
Which provision would keep the policy in force if S does not make
the required payment and the policy has adequate cash value
from which the premium payment can be made? - ✔✔✔ Correct
Answer > automatic policy loan
All of these statements concerning Settlement Options are true,
EXCEPT: - ✔✔✔ Correct Answer > only the beneficiary may select
How do life insurance companies handle cases where the
insured commits suicide within the contract's stated Contestable
period? - ✔✔✔ Correct Answer > claims are denied under the Suicide
clause of the policy
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The automatic premium loan provision is designed to: - ✔✔✔ Correct
Answer > avoid policy lapse
Which of these is NOT considered to be a right given to a policy
owner? - ✔✔✔ Correct Answer > modify a provision in the insurance
contract
P is blinded in an industrial accident. Which provision of his life
insurance policy will pay a stated benefit amount? - ✔✔✔ Correct
Answer > accidental death a dismemberment clause
What does the ownership clause in a life insurance policy state? -
✔✔✔ Correct Answer > who the policy owner is and what rights the
policy owner is entitled to
S would like to use dividends from her life insurance policy to
purchase paid-up additions. All of these would be factors that
determine how much coverage can be purchased EXCEPT: - ✔✔✔
Correct Answer > beneficiary's age
J would like to maintain the right to change beneficiaries. Which
beneficiary designation should be used? - ✔✔✔ Correct Answer >
Revocable
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What is the underlying concept regarding level premiums? - ✔✔✔
Correct Answer > the early years are changed more than what is
needed
The Common Disaster Clause provides that if both the insured
and the sole named beneficiary were to die in a common
accident, which of the following is true? - ✔✔✔ Correct Answer > the
clause provides the payment of proceeds to the insured's estate
A policy owner would like to change the beneficiary on a Life
insurance policy and make the changes permanent. Which type
of designation would fulfill this need? - ✔✔✔ Correct Answer >
irrevocable
A level premium indicates: - ✔✔✔ Correct Answer > the premium is
fixed for the entire duration of the contract
Which statement regarding the Change of Beneficiary provision
is true? - ✔✔✔ Correct Answer > the policy owner can change the
beneficiary
Which of these statements is incorrect regarding the federal
income tax treatment of life insurance? - ✔✔✔ Correct Answer > entire
cash surrender value is taxable
GA LIFE INSURANCE EXAM NEWEST 2026 ACTUAL
EXAM QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) ALL ANSWERED
{130 Q & A} ALREADY GRADED A+ | BRAND NEW! |
100% GUARANTEED PASS
Which rider provides coverage for a child under a parent's life
insurance policy? - ✔✔✔ Correct Answer > child term rider
S has a Whole Life policy with a premium payment due soon.
Which provision would keep the policy in force if S does not make
the required payment and the policy has adequate cash value
from which the premium payment can be made? - ✔✔✔ Correct
Answer > automatic policy loan
All of these statements concerning Settlement Options are true,
EXCEPT: - ✔✔✔ Correct Answer > only the beneficiary may select
How do life insurance companies handle cases where the
insured commits suicide within the contract's stated Contestable
period? - ✔✔✔ Correct Answer > claims are denied under the Suicide
clause of the policy
,Page 2 of 22
The automatic premium loan provision is designed to: - ✔✔✔ Correct
Answer > avoid policy lapse
Which of these is NOT considered to be a right given to a policy
owner? - ✔✔✔ Correct Answer > modify a provision in the insurance
contract
P is blinded in an industrial accident. Which provision of his life
insurance policy will pay a stated benefit amount? - ✔✔✔ Correct
Answer > accidental death a dismemberment clause
What does the ownership clause in a life insurance policy state? -
✔✔✔ Correct Answer > who the policy owner is and what rights the
policy owner is entitled to
S would like to use dividends from her life insurance policy to
purchase paid-up additions. All of these would be factors that
determine how much coverage can be purchased EXCEPT: - ✔✔✔
Correct Answer > beneficiary's age
J would like to maintain the right to change beneficiaries. Which
beneficiary designation should be used? - ✔✔✔ Correct Answer >
Revocable
, Page 3 of 22
What is the underlying concept regarding level premiums? - ✔✔✔
Correct Answer > the early years are changed more than what is
needed
The Common Disaster Clause provides that if both the insured
and the sole named beneficiary were to die in a common
accident, which of the following is true? - ✔✔✔ Correct Answer > the
clause provides the payment of proceeds to the insured's estate
A policy owner would like to change the beneficiary on a Life
insurance policy and make the changes permanent. Which type
of designation would fulfill this need? - ✔✔✔ Correct Answer >
irrevocable
A level premium indicates: - ✔✔✔ Correct Answer > the premium is
fixed for the entire duration of the contract
Which statement regarding the Change of Beneficiary provision
is true? - ✔✔✔ Correct Answer > the policy owner can change the
beneficiary
Which of these statements is incorrect regarding the federal
income tax treatment of life insurance? - ✔✔✔ Correct Answer > entire
cash surrender value is taxable
