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Kansas Life & Health Insurance Final Exam – Practice ALL
QUESTIONS AND 100% CORRECT ANSWERS ALREADY GRADED
A+ - LATEST UPDATE 2026-2027
1. Term life insurance is characterized by:
A. Lifetime coverage with cash value
B. Coverage for a specific period with no cash value
C. Investment options tied to market performance
D. Automatically converting to whole life at retirement
Answer: B
Rationale: Term life provides coverage for a set term and pays death benefits only if the insured
dies during that period.
2. Whole life insurance provides:
A. Temporary coverage only
B. Lifetime coverage with fixed premiums and guaranteed cash value
C. Variable death benefits
D. Only accidental death coverage
Answer: B
3. Universal life insurance differs from whole life in that:
A. Premiums are flexible and the death benefit is adjustable
B. Coverage is limited to 20 years
C. Cash value does not accumulate
D. It is a type of term insurance
Answer: A
UPDATED exam 2026
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4. Which rider allows policyholders to increase coverage without proof of insurability?
A. Waiver of Premium
B. Guaranteed Insurability
C. Accidental Death
D. Long-Term Care
Answer: B
5. The incontestability clause in life insurance states that:
A. The insurer cannot contest the policy after a certain period, usually 2 years
B. Premiums cannot be raised
C. Beneficiaries cannot be changed
D. Coverage is limited to term only
Answer: A
6. Kansas life insurance replacement rules require:
A. Written notice to the existing insurer
B. Completion of a replacement form
C. Both A and B
D. No notification
Answer: C
7. In Kansas, the primary beneficiary is:
A. The first person entitled to the death benefit
B. The policyowner
C. A contingent beneficiary
D. The insurer
Answer: A
UPDATED exam 2026
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8. A contingent beneficiary receives the death benefit if:
A. The primary beneficiary dies before the insured
B. The insured outlives the policy
C. Premiums are missed
D. The policy lapses
Answer: A
9. Grace period in life and health insurance refers to:
A. Time to pay premium without coverage lapse
B. Policy delivery time
C. Waiting period before coverage starts
D. Time for the insurer to contest claims
Answer: A
10. Which rider provides additional payment in the event of accidental death?
A. Waiver of Premium
B. Accidental Death Benefit (Double Indemnity)
C. Guaranteed Insurability
D. Return of Premium
Answer: B
11. The insuring clause in an insurance policy:
A. States the insurer’s promise to pay
B. Lists exclusions
C. Details the premiums
D. Explains the agent’s responsibilities
Answer: A
UPDATED exam 2026
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12. The consideration clause requires:
A. Premium payment and truthful application statements
B. Assignment of policy
C. Beneficiary designation
D. Guaranteed investment performance
Answer: A
13. The entire contract provision:
A. Ensures policy + application form the full contract
B. Allows verbal promises to alter coverage
C. Allows policy changes without consent
D. Expires annually
Answer: A
14. Variable life insurance differs from whole life because:
A. Cash value depends on investment performance in separate accounts
B. Premiums are fixed
C. Death benefit cannot vary
D. Coverage is term-only
Answer: A
15. Accident-only insurance covers:
A. Injuries from accidents only
B. Sickness only
C. Both accident and illness
D. Death only
Answer: A
UPDATED exam 2026
Kansas Life & Health Insurance Final Exam – Practice ALL
QUESTIONS AND 100% CORRECT ANSWERS ALREADY GRADED
A+ - LATEST UPDATE 2026-2027
1. Term life insurance is characterized by:
A. Lifetime coverage with cash value
B. Coverage for a specific period with no cash value
C. Investment options tied to market performance
D. Automatically converting to whole life at retirement
Answer: B
Rationale: Term life provides coverage for a set term and pays death benefits only if the insured
dies during that period.
2. Whole life insurance provides:
A. Temporary coverage only
B. Lifetime coverage with fixed premiums and guaranteed cash value
C. Variable death benefits
D. Only accidental death coverage
Answer: B
3. Universal life insurance differs from whole life in that:
A. Premiums are flexible and the death benefit is adjustable
B. Coverage is limited to 20 years
C. Cash value does not accumulate
D. It is a type of term insurance
Answer: A
UPDATED exam 2026
,2|Page
4. Which rider allows policyholders to increase coverage without proof of insurability?
A. Waiver of Premium
B. Guaranteed Insurability
C. Accidental Death
D. Long-Term Care
Answer: B
5. The incontestability clause in life insurance states that:
A. The insurer cannot contest the policy after a certain period, usually 2 years
B. Premiums cannot be raised
C. Beneficiaries cannot be changed
D. Coverage is limited to term only
Answer: A
6. Kansas life insurance replacement rules require:
A. Written notice to the existing insurer
B. Completion of a replacement form
C. Both A and B
D. No notification
Answer: C
7. In Kansas, the primary beneficiary is:
A. The first person entitled to the death benefit
B. The policyowner
C. A contingent beneficiary
D. The insurer
Answer: A
UPDATED exam 2026
,3|Page
8. A contingent beneficiary receives the death benefit if:
A. The primary beneficiary dies before the insured
B. The insured outlives the policy
C. Premiums are missed
D. The policy lapses
Answer: A
9. Grace period in life and health insurance refers to:
A. Time to pay premium without coverage lapse
B. Policy delivery time
C. Waiting period before coverage starts
D. Time for the insurer to contest claims
Answer: A
10. Which rider provides additional payment in the event of accidental death?
A. Waiver of Premium
B. Accidental Death Benefit (Double Indemnity)
C. Guaranteed Insurability
D. Return of Premium
Answer: B
11. The insuring clause in an insurance policy:
A. States the insurer’s promise to pay
B. Lists exclusions
C. Details the premiums
D. Explains the agent’s responsibilities
Answer: A
UPDATED exam 2026
, 4|Page
12. The consideration clause requires:
A. Premium payment and truthful application statements
B. Assignment of policy
C. Beneficiary designation
D. Guaranteed investment performance
Answer: A
13. The entire contract provision:
A. Ensures policy + application form the full contract
B. Allows verbal promises to alter coverage
C. Allows policy changes without consent
D. Expires annually
Answer: A
14. Variable life insurance differs from whole life because:
A. Cash value depends on investment performance in separate accounts
B. Premiums are fixed
C. Death benefit cannot vary
D. Coverage is term-only
Answer: A
15. Accident-only insurance covers:
A. Injuries from accidents only
B. Sickness only
C. Both accident and illness
D. Death only
Answer: A
UPDATED exam 2026
