WASHINGTONE LIFE AND HEALTH (DISABILITY) COMPLETE ACTUAL EXAM REAL QUESTIONS AND CORRECT VERIFIED ANSWERS WITH RATIONALES (APPROVED SOLUTIONS) LATEST UPDATED VERSION

WASHINGTONE LIFE AND HEALTH (DISABILITY) 2025 COMPLETE A p p p p p p p


CTUAL EXAM REAL QUESTIONS AND CORRECT VERIFIED ANSWER
p p p p p p p


S WITH RATIONALES (APPROVED SOLUTIONS) LATEST UPDATED V
p p p p p p p


ERSION |ALREADY GRADED A+ p p p




An insurer authorized to do business within this state is considered wh
p p p p p p p p p p p



at type of insurer?
p p p




A
Alien
B
p



Domestic
C
p



Foreign
D
p



Admitted - ......answer..... D-Admitted
p p




An insurer authorized to do business in this state is referred to as adm
p p p p p p p p p p p p p



itted, and could be either domestic, foreign, or alien domiciled.
p p p p p p p p p




A long-
p



term care policy can exclude from coverage all of the following, except
p p p p p p p p p p p



:


Hospitalization (acute care) p p p



B
Intentionally self-inflicted injuries p p

,C
Rest cures p p



D
Alzheimer's disease - ......answer.....D- Alzheimer's disease
p p p p p




Alzheimer's disease cannot be excluded from long-
p p p p p p



term care coverage.
p p




Which is not correct concerning a Blue Cross and Blue Shield Plan?
p p p p p p p p p p p




A
In most states, they are considered not-for-
p p p p p p



profit organizations B
p p



Benefits are paid directly to the insured individual
p p p p p p p p



C
They are fee for service plans
p p p p p p



D
They offer both individual and group coverage - ......answer....... B-
p p p p p p p p



Benefits are paid directly to the insured individual
p p p p p p p




As both Blue Cross and Blue Shield Plans are fee for service programs
p p p p p p p p p p p p



, they pay the service provider, not the covered individual (i.e. subscrib
p p p p p p p p p p p



er). They are typically not-for-
p p p p



profit and provide both group and individual coverage.
p p p p p p p




Universal Life and Variable Universal Life share all of the following cha
p p p p p p p p p p p



racteristics, except: p

,A
Policy loans, surrenders, and partial withdrawals are permitted B
p p p p p p p p



Flexible premiums p p



C
Adjustable death benefit options p p p p



D
The investment risk - ......answer ..... B- Flexible premiums
p p p p p p




But like Variable life, a VUL has a separate account that is maintained a
p p p p p p p p p p p p p



nd the investment return fluctuates based on the performance of the se
p p p p p p p p p p p



parate account. Since there is no guaranteed return on the separate ac
p p p p p p p p p p p



count, the owner bears all investment risk.
p p p p p p




All of the following are life insurance disability riders, except:
p p p p p p p p p




A
Disability Income Benefit p p p



B
Payor Benefit p



p C
Waiver of Premium p p p



D
Jumping Juvenile - ......answer ..... D- Jumping Juvenile
p p p p p




A payor benefit can be added to a jumping juvenile policy.
p p p p p p p p p p

, Each major line of insurance requires at least
p p p p p p p



credit hours of
p p p



prelicensure instruction. p



A p



12
B
p p



20
C
p p



16
D
p



18 - ......answer ..... B- 20
p p p




Each major line of insurance requires at least 20 credit hours of prelice
p p p p p p p p p p p p



nsure instruction and the license examination must be taken within 12
p p p p p p p p p p p



months of completion. p p




Fred owns a 40- p p p



Pay Life Policy. He designated his wife, Ethel, as primary beneficiary.
p p p p p p p p p p p



Upon Fred's death, Ethel receives a set amount for life. Fred chose whi
p p p p p p p p p p p p



ch Settlement Option?
p p




A
Extended Term p p



B
Fixed Period p p



C
Life Income Only
p p p



D