8/25/25, 12:46 AM Pearson Vue Life + Health Insurance Practice Exam
Pearson Vue Life Insurance Practice Exam Actual Exam
2025-2026| Complete Questions and Correct Answers |
Newest Exam | Verified Answers | Just Released
Which of the following B
statements is
CORRECT about Group
Life conversion
privileges?
A. Under the COBRA law, a
departing
employee may elect to
remain a member of the
Group Life plan for a
limited period of time.
B. Death during the
conversion period is
covered even if the
departing employee chose
not to convert the
policy.
C. A departing employee
must individually pay the
premium if the employee
elects to be covered during
the conversion period. D
.If a departing employee
elects to convert a life
insurance policy, the insurer
must offer Term insurance
as one of the choices.
1/43
,8/25/25, 12:46 AM Pearson Vue Life + Health Insurance Practice Exam
Which of the following A
policies is an interest-
sensitive form of
permanent protection?
A. Universal Life
B. Limited-Pay Life
C. Graded Premium Whole Life
D. Modified Whole Life
Reinstatement of a life B
insurance policy requires an
insured to take all of the
following actions EXCEPT:
A. provide evidence of
insurability
B. make collateral assignment
to the insurer
C. pay back interest on any
outstanding policy loan
D. pay all past-due premiums
Which of the following B
statements about a
Renewable Term policy is
CORRECT?
A. It is renewable at the
option of the insurer.
B. It is renewable at the
option of the insured.
C. It is renewable at the
option of the insurer,
with proof of
insurability.
D. It is renewable at the
option of the insured,
with proof of
insurability.
2/43
,8/25/25, 12:46 AM Pearson Vue Life + Health Insurance Practice Exam
If an insured commits D
suicide after the Suicide
clause in the insured's life
insurance policy has expired,
the insurer will take which
of the following actions?
A. Refuse to pay the
Death benefit or refund
any premiums
B. Refund only the premiums
paid
C. Refund the premiums paid
plus interest
D. Pay the Death benefit
Which of the following policy C
provisions provides for
continuation of coverage
despite nonpayment of
premiums?
A. Entire Contract
B. Ownership clause
C. Nonforfeiture Option
D. Insuring clause
An applicant for life B
insurance may question
the validity and source of
any consumer information
developed under the
A. Medical Information
Bureau Disclosure Act
B. Fair Credit Reporting
Act (Insurance
Information and Privacy
Protection Act)
C. Equal Employment
Opportunity Act
D. Medicare Act
3/43
, 8/25/25, 12:46 AM Pearson Vue Life + Health Insurance Practice Exam
The PRIMARY reason C
for selecting a Variable
Whole Life policy
instead of a traditional
Whole Life policy is that
the Variable Whole Life
policy:
A. provides flexible premium
payments
B. allows the
policyowner to borrow a
larger percentage of
the cash value
C. has the potential to earn a
higher rate of return on the
cash value
D. allows the policyowner
more flexibility in naming
and changing beneficiaries
A policyowner names his wife A
as the
primary beneficiary of his
Universal Life
policy on a revocable basis.
He also names his three
children as his secondary
beneficiaries and his estate
as his tertiary beneficiary.
If the policyowner's wife
predeceases him, and then
he dies, who will receive
the policy proceeds?
A. The children
B. The policyowner's estate
C. The primary beneficiary's
estate
D. The tertiary beneficiary
4/43
Pearson Vue Life Insurance Practice Exam Actual Exam
2025-2026| Complete Questions and Correct Answers |
Newest Exam | Verified Answers | Just Released
Which of the following B
statements is
CORRECT about Group
Life conversion
privileges?
A. Under the COBRA law, a
departing
employee may elect to
remain a member of the
Group Life plan for a
limited period of time.
B. Death during the
conversion period is
covered even if the
departing employee chose
not to convert the
policy.
C. A departing employee
must individually pay the
premium if the employee
elects to be covered during
the conversion period. D
.If a departing employee
elects to convert a life
insurance policy, the insurer
must offer Term insurance
as one of the choices.
1/43
,8/25/25, 12:46 AM Pearson Vue Life + Health Insurance Practice Exam
Which of the following A
policies is an interest-
sensitive form of
permanent protection?
A. Universal Life
B. Limited-Pay Life
C. Graded Premium Whole Life
D. Modified Whole Life
Reinstatement of a life B
insurance policy requires an
insured to take all of the
following actions EXCEPT:
A. provide evidence of
insurability
B. make collateral assignment
to the insurer
C. pay back interest on any
outstanding policy loan
D. pay all past-due premiums
Which of the following B
statements about a
Renewable Term policy is
CORRECT?
A. It is renewable at the
option of the insurer.
B. It is renewable at the
option of the insured.
C. It is renewable at the
option of the insurer,
with proof of
insurability.
D. It is renewable at the
option of the insured,
with proof of
insurability.
2/43
,8/25/25, 12:46 AM Pearson Vue Life + Health Insurance Practice Exam
If an insured commits D
suicide after the Suicide
clause in the insured's life
insurance policy has expired,
the insurer will take which
of the following actions?
A. Refuse to pay the
Death benefit or refund
any premiums
B. Refund only the premiums
paid
C. Refund the premiums paid
plus interest
D. Pay the Death benefit
Which of the following policy C
provisions provides for
continuation of coverage
despite nonpayment of
premiums?
A. Entire Contract
B. Ownership clause
C. Nonforfeiture Option
D. Insuring clause
An applicant for life B
insurance may question
the validity and source of
any consumer information
developed under the
A. Medical Information
Bureau Disclosure Act
B. Fair Credit Reporting
Act (Insurance
Information and Privacy
Protection Act)
C. Equal Employment
Opportunity Act
D. Medicare Act
3/43
, 8/25/25, 12:46 AM Pearson Vue Life + Health Insurance Practice Exam
The PRIMARY reason C
for selecting a Variable
Whole Life policy
instead of a traditional
Whole Life policy is that
the Variable Whole Life
policy:
A. provides flexible premium
payments
B. allows the
policyowner to borrow a
larger percentage of
the cash value
C. has the potential to earn a
higher rate of return on the
cash value
D. allows the policyowner
more flexibility in naming
and changing beneficiaries
A policyowner names his wife A
as the
primary beneficiary of his
Universal Life
policy on a revocable basis.
He also names his three
children as his secondary
beneficiaries and his estate
as his tertiary beneficiary.
If the policyowner's wife
predeceases him, and then
he dies, who will receive
the policy proceeds?
A. The children
B. The policyowner's estate
C. The primary beneficiary's
estate
D. The tertiary beneficiary
4/43
