TEXAS GENERAL LINES LIFE, ACCIDENT AND HEALTH INSURANCE EXAM 2026 NEWEST NEWEST ACTUAL EXAM COMPLETE 35 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+

TEXAS GENERAL LINES LIFE,
ACCIDENT AND HEALTH INSURANCE
EXAM 2026 NEWEST NEWEST
ACTUAL EXAM COMPLETE 35
QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
LIFE SECTION 1 - CORRECT ANSWERS-LIFE SECTION 1



1) Sandra Timms, age 27, is advised by her producer to purchase Life insurance to cover a 20-
year-amortized $50,000 business-improvement loan. Which of the following plans would
adequately protect Ms. Timms at the minimum premium outlay? - CORRECT ANSWERS-A-
$50,000 Whole Life policy

B- $50,000 Level Term policy for 20 years

C- $50,000 20 Pay Life policy

D- $50,000 Decreasing Term policy for 20 years



2) A 45-year old customer who is seeking to supplement his retirement income at age 65 would
not buy a: - CORRECT ANSWERS-A- Deferred Annuity

B- Equity Indexed Annuity

C- Variable Annuity

D- Immediate Annuity



3) John Livingston owns a 30-Pay Life policy that he purchased at the age of 30. The cash value
will equal the face amount of the policy when he reaches the age of: - CORRECT ANSWERS-A-
60

,B- 70

C- 100

D- 30



4) Which of the following is an example of a Limited-Pay Life policy? - CORRECT ANSWERS-A-
Universal life

B- Whole Life

C- Life Paid-Up at Age 65

D- Renewable Term to Age 70



5) Which of the following policies provides the greatest amount of protection for an insured's
premium dollar as well as some cash accumulation? - CORRECT ANSWERS-A- Annuity

B- Whole Life

C- Term

D- Limited-Pay Life



6) Which of the following individual policy conversions is usually permitted without any
evidence of insurability? - CORRECT ANSWERS-A- Conversion to a lower-premium plan

B- Conversion from a Whole Life policy to a Term policy

C- Conversion from a Term policy to a Whole Life policy

D- Conversion to a larger amount of insurance



7) Which of the following is NOT correct regarding Ordinary Whole Life policies? - CORRECT
ANSWERS-A- The premiums payments are owed annually until you die or reach age 100

B- The cash value grows more quickly in the beginning years of the policy

C- Coverage lasts for your own life

D- Ordinary Whole Life is a type of permanent insurance

,8) Which of the following statements is true about the premium payment schedule for a Whole
Life policy? - CORRECT ANSWERS-A- Premiums are payable for a designated period of time only,
after which coverage is no longer provided



B- Premiums are payable until the insured's retirement only, after which coverage is continued
automatically until the insured's death



C-
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red'sgdeath



D-
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C-gSurvivorshipglife

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gTraditionalgWholegLife



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