TX GENERAL LINES LIFE, ACCIDENT AND HEALTH
NEWEST EXAM 2026/2027 ACTUAL 151 QUESTIONS
WITH VERIFIED ANSWERS GRADED A+ | INSTANT
PDF DOWNLOAD
Aligned with Texas Department of Insurance (TDI) Exam Blueprint
Covers Life Insurance, Accident & Health Policies, Annuities & Texas Insurance Law
Includes Practice Questions, Rationales & Exam-Style Scenarios
Health insurance coverage under COBRA, HIPAA guarantees that the person will -
ANSWER👀 Have Acces to a guaranteed- ANSWER👀 issue individual health policy,
regardless of health
All the following statements about ordinary (or straight) whole life insurance are correct -
ANSWER👀 The cash value remains level throughout the life of the policy
Which activity in NOT an error or omission that makes an agent or producer legally to both
the insurance and the insure - ANSWER👀 Placing insurance with an approved surplus
line insurer
All the following statements about the taxation of annuities are correct EXEPT: -
ANSWER👀 Qualified annuities are taxes no different than no qualified annuities
Which of the following statements about utmost good faith in insurance is correct -
ANSWER👀 Both the insurance and the insurer must act in utmost good faith
,Which annuity settlement option pays income for the annuitant's life, but no less than for a
specified number of year - ANSWER👀 Life income with period certain
Tim has paid only four premium totally $1000 on his health insurance policy when he was
diagnosed with cancer. The insurance company paid more than $100.000 to cover the
medical bills for his treatments which of the following characteristics of insurance contracts -
ANSWER👀 They are aleatory
Jack, an insurance agent, offers free season football tickets to anyone who buys a life
insurance policy from him. This sales practice is called - ANSWER👀 rebating
After Todd was injured in a car crash, he received occupational theyto help him return to
work. His disability income policy paid for this therapy because it had - ANSWER👀 A
rehabilitation provision
If a small employer insurance decides to terminate all small employer health benefits plans
it issues in TEXAS, it must notify the TEXAS commissioner and all affected employer of its
intent to do so at least - ANSWER👀 At least 180 days before it ends coverage
Contract characteristics is unique to insurance contracts but NOT all contracts -
ANSWER👀 Unilateral
When first meeting prospective insurance applicants, a producer must give them a
document that explains the general features, benefits, and condition of type of insurance
being considered. Which is called a - ANSWER👀 Buyer's Guide
Abby, who life in New York she is a licensed life insurance agent , wants to apply fo a
nonresident license in Texas. To do so, she must submit which of the following to TDI -
ANSWER👀 An aplicación, few and letter of certification from her home state
, Amanda used a basic illustration to help Mark. a potencial cliente, de understand how the
cash value of his life insurance policy would grow. Mark then agreed to buy the policy.
Which of the following best describes Amanda's duties which respect to delivering a copy of
the illustration used - ANSWER👀 Amanda must deliver a signed copy ilustración to both
Mark and the insurer
With respect to the transfer- ANSWER👀 for- ANSWER👀 value rule, which of the
following situations would result in the new owner being subject to tax on the policy's gain
upon the insured's death - ANSWER👀 Policy is sold by the insured to neighborhood in
exchange for cash
Which of the following describes the options available with a universal life insurance policy
the owner no longer wishes to maintain - ANSWER👀 Surrender the policy for its cash
value or let the policy continue without premium until the cash value can no longer cover
monthly deductions
A section 125 cafeteria plan may cover which of these expenses - ANSWER👀 Health
insurance premiums
An insurance producer tells a life insurance applicant that he has the authority to waive the
medical exam that is normally required by the insurer with every application. The insurer
may be required to accept the application without a medical exam due to the producers: -
ANSWER👀 Apparent authority
A long- ANSWER👀 term care rider on a life insurance policy will pay benefits if the
insured is diagnosed as chronically ill due to which of the following? - ANSWER👀 Either
a medical or cognitive (mental health) reason
Which federal law group health plans and protects their enrollees - ANSWER👀 A
NEWEST EXAM 2026/2027 ACTUAL 151 QUESTIONS
WITH VERIFIED ANSWERS GRADED A+ | INSTANT
PDF DOWNLOAD
Aligned with Texas Department of Insurance (TDI) Exam Blueprint
Covers Life Insurance, Accident & Health Policies, Annuities & Texas Insurance Law
Includes Practice Questions, Rationales & Exam-Style Scenarios
Health insurance coverage under COBRA, HIPAA guarantees that the person will -
ANSWER👀 Have Acces to a guaranteed- ANSWER👀 issue individual health policy,
regardless of health
All the following statements about ordinary (or straight) whole life insurance are correct -
ANSWER👀 The cash value remains level throughout the life of the policy
Which activity in NOT an error or omission that makes an agent or producer legally to both
the insurance and the insure - ANSWER👀 Placing insurance with an approved surplus
line insurer
All the following statements about the taxation of annuities are correct EXEPT: -
ANSWER👀 Qualified annuities are taxes no different than no qualified annuities
Which of the following statements about utmost good faith in insurance is correct -
ANSWER👀 Both the insurance and the insurer must act in utmost good faith
,Which annuity settlement option pays income for the annuitant's life, but no less than for a
specified number of year - ANSWER👀 Life income with period certain
Tim has paid only four premium totally $1000 on his health insurance policy when he was
diagnosed with cancer. The insurance company paid more than $100.000 to cover the
medical bills for his treatments which of the following characteristics of insurance contracts -
ANSWER👀 They are aleatory
Jack, an insurance agent, offers free season football tickets to anyone who buys a life
insurance policy from him. This sales practice is called - ANSWER👀 rebating
After Todd was injured in a car crash, he received occupational theyto help him return to
work. His disability income policy paid for this therapy because it had - ANSWER👀 A
rehabilitation provision
If a small employer insurance decides to terminate all small employer health benefits plans
it issues in TEXAS, it must notify the TEXAS commissioner and all affected employer of its
intent to do so at least - ANSWER👀 At least 180 days before it ends coverage
Contract characteristics is unique to insurance contracts but NOT all contracts -
ANSWER👀 Unilateral
When first meeting prospective insurance applicants, a producer must give them a
document that explains the general features, benefits, and condition of type of insurance
being considered. Which is called a - ANSWER👀 Buyer's Guide
Abby, who life in New York she is a licensed life insurance agent , wants to apply fo a
nonresident license in Texas. To do so, she must submit which of the following to TDI -
ANSWER👀 An aplicación, few and letter of certification from her home state
, Amanda used a basic illustration to help Mark. a potencial cliente, de understand how the
cash value of his life insurance policy would grow. Mark then agreed to buy the policy.
Which of the following best describes Amanda's duties which respect to delivering a copy of
the illustration used - ANSWER👀 Amanda must deliver a signed copy ilustración to both
Mark and the insurer
With respect to the transfer- ANSWER👀 for- ANSWER👀 value rule, which of the
following situations would result in the new owner being subject to tax on the policy's gain
upon the insured's death - ANSWER👀 Policy is sold by the insured to neighborhood in
exchange for cash
Which of the following describes the options available with a universal life insurance policy
the owner no longer wishes to maintain - ANSWER👀 Surrender the policy for its cash
value or let the policy continue without premium until the cash value can no longer cover
monthly deductions
A section 125 cafeteria plan may cover which of these expenses - ANSWER👀 Health
insurance premiums
An insurance producer tells a life insurance applicant that he has the authority to waive the
medical exam that is normally required by the insurer with every application. The insurer
may be required to accept the application without a medical exam due to the producers: -
ANSWER👀 Apparent authority
A long- ANSWER👀 term care rider on a life insurance policy will pay benefits if the
insured is diagnosed as chronically ill due to which of the following? - ANSWER👀 Either
a medical or cognitive (mental health) reason
Which federal law group health plans and protects their enrollees - ANSWER👀 A
