GEORGIA INSURANCE EXAM QUESTIONS
WITH CORRECT ANSWERS 2026
If an insurance company makes a statement that its policies are guaranteed by the existence of
the Insurance Guaranty Association, that would be considered - CORRECT ANSWER -An unfair
trade practice
Medicare Part A services do NOT include which of the following? - CORRECT ANSWER -
Outpatient Hospital Treatment
tion: 16
Once an agent has met the requirements to sell long-term care insurance partnership policies,
how often must the agent complete the 4 hours of ongoing training courses? - CORRECT
ANSWER -Every 24 months
Which of the following terms best describe the coverage provided by term policies, as
compared to any other form of protection? - CORRECT ANSWER -Greatest
(Term policies provide for the greatest amount of coverage for the lowest premium, as
compared to any other form of protection)
21
Under the Fair Credit Reporting Act, individuals rejected for insurance due to information
contained in a consumer report - CORRECT ANSWER -Must be informed of the source of the
report
Which of the following is NOT a feature of a guaranteed renewable provision? - CORRECT
ANSWER -The insurer can increase the policy premium on a individual basis.
, An insurer would like to add a provision to its individual health insurance policies. This particular
provision would be consistent with uniform provisions. Which of the following is TRUE? -
CORRECT ANSWER -The provision would be allowed, as long as it is approved by the state.
Which of the following is correct regarding the taxation of group medical expense premiums
and benefits? - CORRECT ANSWER -Premiums are tax deductible and benefits are not taxed
Which of the following determines whether disability insurance benefits are taxed? - CORRECT
ANSWER -Whether the premiums were tax deductible
All of the following statements concerning Medicaid are correct EXCEPT - CORRECT ANSWER -
Medicaid is a state funded program that provides health care to persons over age 65, only.
What is the advantage of reinstating a policy instead of applying for a new one? - CORRECT
ANSWER -The original age is used for premium determination
What is an important feature of a dental expense insurance plan that is NOT typically found in a
medical expense insurance plan? - CORRECT ANSWER -Diagnostic and preventive care
In reference to the standard Medicare Supplement benefits plans, what does the term standard
mean? - CORRECT ANSWER -All providers will have the same coverage options and conditions
for each plan
In a direct transfer, how is money transferred from one retirement plan to a traditional IRA? -
CORRECT ANSWER -From trustee to trustee
Which is true regarding the Uniform Individual Accident and Sickness Policy Provisions Law? -
CORRECT ANSWER -Provisions may be reworded by the insurer.
WITH CORRECT ANSWERS 2026
If an insurance company makes a statement that its policies are guaranteed by the existence of
the Insurance Guaranty Association, that would be considered - CORRECT ANSWER -An unfair
trade practice
Medicare Part A services do NOT include which of the following? - CORRECT ANSWER -
Outpatient Hospital Treatment
tion: 16
Once an agent has met the requirements to sell long-term care insurance partnership policies,
how often must the agent complete the 4 hours of ongoing training courses? - CORRECT
ANSWER -Every 24 months
Which of the following terms best describe the coverage provided by term policies, as
compared to any other form of protection? - CORRECT ANSWER -Greatest
(Term policies provide for the greatest amount of coverage for the lowest premium, as
compared to any other form of protection)
21
Under the Fair Credit Reporting Act, individuals rejected for insurance due to information
contained in a consumer report - CORRECT ANSWER -Must be informed of the source of the
report
Which of the following is NOT a feature of a guaranteed renewable provision? - CORRECT
ANSWER -The insurer can increase the policy premium on a individual basis.
, An insurer would like to add a provision to its individual health insurance policies. This particular
provision would be consistent with uniform provisions. Which of the following is TRUE? -
CORRECT ANSWER -The provision would be allowed, as long as it is approved by the state.
Which of the following is correct regarding the taxation of group medical expense premiums
and benefits? - CORRECT ANSWER -Premiums are tax deductible and benefits are not taxed
Which of the following determines whether disability insurance benefits are taxed? - CORRECT
ANSWER -Whether the premiums were tax deductible
All of the following statements concerning Medicaid are correct EXCEPT - CORRECT ANSWER -
Medicaid is a state funded program that provides health care to persons over age 65, only.
What is the advantage of reinstating a policy instead of applying for a new one? - CORRECT
ANSWER -The original age is used for premium determination
What is an important feature of a dental expense insurance plan that is NOT typically found in a
medical expense insurance plan? - CORRECT ANSWER -Diagnostic and preventive care
In reference to the standard Medicare Supplement benefits plans, what does the term standard
mean? - CORRECT ANSWER -All providers will have the same coverage options and conditions
for each plan
In a direct transfer, how is money transferred from one retirement plan to a traditional IRA? -
CORRECT ANSWER -From trustee to trustee
Which is true regarding the Uniform Individual Accident and Sickness Policy Provisions Law? -
CORRECT ANSWER -Provisions may be reworded by the insurer.
