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TN Life and Health Insurance Exam
2025/2026 Exam Questions and Verified
Answers | Already Graded A+
term - 🧠 ANSWER ✔✔period of time
term life insurance - 🧠 ANSWER ✔✔life insurance policy that provides temporary
coverage
term life insurance - 🧠 ANSWER ✔✔least expensive, cheap, or very low premium
life insurance policy
face amount/face value - 🧠 ANSWER ✔✔the amount paid to the beneficiary at the
insured's death
on the 1st page of the policy/contract - 🧠 ANSWER ✔✔where is the face value for
a policy listed?
group life insurance - 🧠 ANSWER ✔✔term life insurance that employer provides
to employees; usually $10,000
1
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
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$50,000 - 🧠 ANSWER ✔✔what is the maximum amount the employer can provide
to an employee without you paying tax?
D - 🧠 ANSWER ✔✔How much of the group life of $75,000 would be taxable to
the beneficiary?
A. $25,000
B. $75,000
C. $50,000
D. none
renewable - 🧠 ANSWER ✔✔right of the policyholder to renew the policy at the
end of the term
convertible - 🧠 ANSWER ✔✔right of the policyholder to change their
temporary/term coverage to whole life/permanent protection
B - 🧠 ANSWER ✔✔You may convert your group life at termination of
employment to?
A. term
B. whole life
C. either a or b
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COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, 3
D. none of these
level term - 🧠 ANSWER ✔✔the face amount and the premium stay the same for
the policy period or term
decreasing term - 🧠 ANSWER ✔✔the face amount decreases for the life of the
policy down to zero at the end of the term or expiration date of the contract
credit life - 🧠 ANSWER ✔✔pays off the balance of a loan at insured's death
increasing term - 🧠 ANSWER ✔✔the face amount increases for the life of the
policy; starts at zero/no value; not sold very often
return of premium - 🧠 ANSWER ✔✔a rider that at death pays an additional
amount of money equal to all premiums paid up to your time of death
annually renewable - 🧠 ANSWER ✔✔expires each year, but is renewable for
another year; premium increases each year
whole life - 🧠 ANSWER ✔✔life insurance policy that covers the whole of life or to
age 100
continuous pay - 🧠 ANSWER ✔✔pay the same premium until age 100 when the
policy pays off to owner
3
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
TN Life and Health Insurance Exam
2025/2026 Exam Questions and Verified
Answers | Already Graded A+
term - 🧠 ANSWER ✔✔period of time
term life insurance - 🧠 ANSWER ✔✔life insurance policy that provides temporary
coverage
term life insurance - 🧠 ANSWER ✔✔least expensive, cheap, or very low premium
life insurance policy
face amount/face value - 🧠 ANSWER ✔✔the amount paid to the beneficiary at the
insured's death
on the 1st page of the policy/contract - 🧠 ANSWER ✔✔where is the face value for
a policy listed?
group life insurance - 🧠 ANSWER ✔✔term life insurance that employer provides
to employees; usually $10,000
1
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
,2
$50,000 - 🧠 ANSWER ✔✔what is the maximum amount the employer can provide
to an employee without you paying tax?
D - 🧠 ANSWER ✔✔How much of the group life of $75,000 would be taxable to
the beneficiary?
A. $25,000
B. $75,000
C. $50,000
D. none
renewable - 🧠 ANSWER ✔✔right of the policyholder to renew the policy at the
end of the term
convertible - 🧠 ANSWER ✔✔right of the policyholder to change their
temporary/term coverage to whole life/permanent protection
B - 🧠 ANSWER ✔✔You may convert your group life at termination of
employment to?
A. term
B. whole life
C. either a or b
2
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, 3
D. none of these
level term - 🧠 ANSWER ✔✔the face amount and the premium stay the same for
the policy period or term
decreasing term - 🧠 ANSWER ✔✔the face amount decreases for the life of the
policy down to zero at the end of the term or expiration date of the contract
credit life - 🧠 ANSWER ✔✔pays off the balance of a loan at insured's death
increasing term - 🧠 ANSWER ✔✔the face amount increases for the life of the
policy; starts at zero/no value; not sold very often
return of premium - 🧠 ANSWER ✔✔a rider that at death pays an additional
amount of money equal to all premiums paid up to your time of death
annually renewable - 🧠 ANSWER ✔✔expires each year, but is renewable for
another year; premium increases each year
whole life - 🧠 ANSWER ✔✔life insurance policy that covers the whole of life or to
age 100
continuous pay - 🧠 ANSWER ✔✔pay the same premium until age 100 when the
policy pays off to owner
3
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
