2026 WASHINGTON LIFE HEALTH REVISON
PAPER QUESTIONS AND ANSWERS SURE A+
✔✔Key person Disability Insurance pays benefits to the - ✔✔Employer
✔✔What is the purpose of a Disability Income Benefit? - ✔✔Provide money for living
expenses
✔✔What does the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985
allow an employee to do? - ✔✔In the event of employment termination, group health
insurance can be kept if the EMPLOYEE pays the premiums.
✔✔A health insurance policy where the insurer has the right to terminate the policy for
reasons other than the insured's health is called - ✔✔Conditionally renewable.
✔✔How are health plans classified according to the Affordable Care Act? - ✔✔Bronze,
Silver, Gold, Platinum.
✔✔In the BRONZE category, the insurance company pays - ✔✔60% and the insured
pays 40%
, ✔✔In the SILVER category, the insurance company pays - ✔✔70% and the insured
pays 30%
✔✔In the GOLD category, the insurance company pays - ✔✔80% and the insured pays
20%
✔✔In the Platinum category, the insurance company pays - ✔✔90% and the insured
pays 10%
✔✔When does an immediate annuity begin making payments? - ✔✔After the first
premium has been paid
✔✔Fraternal Benefit Society has each of the following characteristics EXCEPT -
✔✔Exist for profit.
✔✔A person who is a nonsmoker, of average weight, and in excellent health would
most likely be in which risk classification? - ✔✔Preffered
✔✔This MANDATORY health policy provision states that the policy, including
endorsements and attached papers, constitutes - ✔✔The entire insurance contract
between the parties.
✔✔The conversion privilege under a group life plan allows an employee to convert to an
- ✔✔Individual plan upon employment termination.
✔✔Which market index is normally associated with an indexed annuity's rate of return?
- ✔✔S&P 500
✔✔In most dental plans, a deductible typically is NOT applied to - ✔✔Preventative and
diagnostic services.
✔✔A common exclusion or limitation on a dental policy is - ✔✔Endodontics.
✔✔The least expensive option to pay off a 30-year mortgage balance would be -
✔✔Decreasing term life.
✔✔An insurer has the right to recover payment made to the insured from the negligent
party. These rights are called - ✔✔Subrogation.
✔✔The Fair Credit and Reporting Act's main purpose is to - ✔✔protect consumers with
guidelines regarding credit reporting and distribution.
PAPER QUESTIONS AND ANSWERS SURE A+
✔✔Key person Disability Insurance pays benefits to the - ✔✔Employer
✔✔What is the purpose of a Disability Income Benefit? - ✔✔Provide money for living
expenses
✔✔What does the Consolidated Omnibus Budget Reconciliation Act (COBRA) of 1985
allow an employee to do? - ✔✔In the event of employment termination, group health
insurance can be kept if the EMPLOYEE pays the premiums.
✔✔A health insurance policy where the insurer has the right to terminate the policy for
reasons other than the insured's health is called - ✔✔Conditionally renewable.
✔✔How are health plans classified according to the Affordable Care Act? - ✔✔Bronze,
Silver, Gold, Platinum.
✔✔In the BRONZE category, the insurance company pays - ✔✔60% and the insured
pays 40%
, ✔✔In the SILVER category, the insurance company pays - ✔✔70% and the insured
pays 30%
✔✔In the GOLD category, the insurance company pays - ✔✔80% and the insured pays
20%
✔✔In the Platinum category, the insurance company pays - ✔✔90% and the insured
pays 10%
✔✔When does an immediate annuity begin making payments? - ✔✔After the first
premium has been paid
✔✔Fraternal Benefit Society has each of the following characteristics EXCEPT -
✔✔Exist for profit.
✔✔A person who is a nonsmoker, of average weight, and in excellent health would
most likely be in which risk classification? - ✔✔Preffered
✔✔This MANDATORY health policy provision states that the policy, including
endorsements and attached papers, constitutes - ✔✔The entire insurance contract
between the parties.
✔✔The conversion privilege under a group life plan allows an employee to convert to an
- ✔✔Individual plan upon employment termination.
✔✔Which market index is normally associated with an indexed annuity's rate of return?
- ✔✔S&P 500
✔✔In most dental plans, a deductible typically is NOT applied to - ✔✔Preventative and
diagnostic services.
✔✔A common exclusion or limitation on a dental policy is - ✔✔Endodontics.
✔✔The least expensive option to pay off a 30-year mortgage balance would be -
✔✔Decreasing term life.
✔✔An insurer has the right to recover payment made to the insured from the negligent
party. These rights are called - ✔✔Subrogation.
✔✔The Fair Credit and Reporting Act's main purpose is to - ✔✔protect consumers with
guidelines regarding credit reporting and distribution.
