WEBCE PRACTICE CERTIFICATION SCRIPT
2026 QUESTIONS WITH SOLUTIONS
GRADED A+
◍ foreign.
Answer: Long Life Insurance Company is incorporated in Wisconsin but
transacts insurance in Minnesota. Which type of insurer is Long Life
considered in Minnesota?
◍ The entire contract clause in a life insurance policy refers to which of the
following?.
Answer: all endorsements, attached papers, and waivers make up the entire
contract
◍ Which of the following is not a required provision of health insurance
policies issued in New Mexico?.
Answer: Misstatement of age
◍ It is the period of time immediately following the onset of a disability during
which no benefits are payable..
Answer: Which statement about the elimination period in a disability
income insurance policy is correct?
◍ With a survivorship life insurance policy, the insurer pays the death benefit:.
Answer: When the surviving spouse dies
◍ Stephen enrolled in a group health plan last year with a pre-existing
condition. Which statement is correct about coverage for this condition?.
Answer: It must be covered like any other medical condition
◍ What type of insurance is most commonly used in group life insurance
plans?.
, Answer: annually renewable term
◍ Most disability income benefit riders also include which of the following?.
Answer: Provision for a wavier of premium
◍ gatekeeper.
Answer: Marvin is enrolled in an HMO. His primary care physician
provides his health care or refers Marvin to a specialist. In what capacity is
his physician acting?
◍ Amanda, age 45, bought a $50,000 ten-year renewable and convertible term
life policy. Regarding this, all the following statements are correct
EXCEPT.
Answer: premiums for this policy will be more than for a $50,000
permanent life insurance policy
◍ Medicaid provides a range of health services for beneficiaries, but services
vary from state to state..
Answer: Which statement accurately describes variations in the Medicaid
benefit program?
◍ Which of the following is not a condition for extending the health coverage
of a child beyond the limiting age?.
Answer: The child is married
◍ non-tax-qualified LTC plans only.
Answer: Under which of the following type(s) of long-term care (LTC)
insurance plans can 'medical necessity' be a benefit trigger?
◍ What favorable tax treatment do qualified long-term care insurance policies
receive?.
Answer: Benefits are not taxed, within limits
◍ All of the following statements regarding the money laundering process and
anti-money laundering efforts are correct except:.
Answer: Insurance companies are exempt from the need to create and
maintain anti-money laundering programs.
, ◍ Agent john started offering potential client's courtside tickets to a
professional basketball game in exchange for purchasing a life insurance
policy. Which ethical sales practice has Agent John violated?.
Answer: rebating
◍ A major medical expense policy requires the insured to pay separate
deductibles for each illness or each accident. What type of deductibles does
it have?.
Answer: per cause deductible
◍ An employee is injured on the job and receives benefits under the
employer's group long-term disability plan. Which source of income will not
reduce these benefits?.
Answer: Personal savings
◍ failing to meet projected sales goals.
Answer: The Commissioner of Insurance cannot suspend or revoke a
producer's license for which of the following reasons?
◍ Which of the following statements regarding the life insurance return of
premium ride is correct?.
Answer: It pays the policyowner a sum equal to all or a portion of the
premiums paid if the insured is still alive at the end of the policy term
◍ any occupation.
Answer: Tom, a carpenter, applies for an individual disability income
insurance policy. Which definition of total disability will the insurer
probably use when issuing the policy?
◍ group short-term disability plan.
Answer: An employer plan with a maximum benefit period of 18 months
would most likely be which type of insurance?
◍ to insure against frequent low-severity losses.
Answer: Why would a business self-insure instead of buying an insurance
policy?
2026 QUESTIONS WITH SOLUTIONS
GRADED A+
◍ foreign.
Answer: Long Life Insurance Company is incorporated in Wisconsin but
transacts insurance in Minnesota. Which type of insurer is Long Life
considered in Minnesota?
◍ The entire contract clause in a life insurance policy refers to which of the
following?.
Answer: all endorsements, attached papers, and waivers make up the entire
contract
◍ Which of the following is not a required provision of health insurance
policies issued in New Mexico?.
Answer: Misstatement of age
◍ It is the period of time immediately following the onset of a disability during
which no benefits are payable..
Answer: Which statement about the elimination period in a disability
income insurance policy is correct?
◍ With a survivorship life insurance policy, the insurer pays the death benefit:.
Answer: When the surviving spouse dies
◍ Stephen enrolled in a group health plan last year with a pre-existing
condition. Which statement is correct about coverage for this condition?.
Answer: It must be covered like any other medical condition
◍ What type of insurance is most commonly used in group life insurance
plans?.
, Answer: annually renewable term
◍ Most disability income benefit riders also include which of the following?.
Answer: Provision for a wavier of premium
◍ gatekeeper.
Answer: Marvin is enrolled in an HMO. His primary care physician
provides his health care or refers Marvin to a specialist. In what capacity is
his physician acting?
◍ Amanda, age 45, bought a $50,000 ten-year renewable and convertible term
life policy. Regarding this, all the following statements are correct
EXCEPT.
Answer: premiums for this policy will be more than for a $50,000
permanent life insurance policy
◍ Medicaid provides a range of health services for beneficiaries, but services
vary from state to state..
Answer: Which statement accurately describes variations in the Medicaid
benefit program?
◍ Which of the following is not a condition for extending the health coverage
of a child beyond the limiting age?.
Answer: The child is married
◍ non-tax-qualified LTC plans only.
Answer: Under which of the following type(s) of long-term care (LTC)
insurance plans can 'medical necessity' be a benefit trigger?
◍ What favorable tax treatment do qualified long-term care insurance policies
receive?.
Answer: Benefits are not taxed, within limits
◍ All of the following statements regarding the money laundering process and
anti-money laundering efforts are correct except:.
Answer: Insurance companies are exempt from the need to create and
maintain anti-money laundering programs.
, ◍ Agent john started offering potential client's courtside tickets to a
professional basketball game in exchange for purchasing a life insurance
policy. Which ethical sales practice has Agent John violated?.
Answer: rebating
◍ A major medical expense policy requires the insured to pay separate
deductibles for each illness or each accident. What type of deductibles does
it have?.
Answer: per cause deductible
◍ An employee is injured on the job and receives benefits under the
employer's group long-term disability plan. Which source of income will not
reduce these benefits?.
Answer: Personal savings
◍ failing to meet projected sales goals.
Answer: The Commissioner of Insurance cannot suspend or revoke a
producer's license for which of the following reasons?
◍ Which of the following statements regarding the life insurance return of
premium ride is correct?.
Answer: It pays the policyowner a sum equal to all or a portion of the
premiums paid if the insured is still alive at the end of the policy term
◍ any occupation.
Answer: Tom, a carpenter, applies for an individual disability income
insurance policy. Which definition of total disability will the insurer
probably use when issuing the policy?
◍ group short-term disability plan.
Answer: An employer plan with a maximum benefit period of 18 months
would most likely be which type of insurance?
◍ to insure against frequent low-severity losses.
Answer: Why would a business self-insure instead of buying an insurance
policy?
