Kentucky Health Insurance License Exam Practice Test 2026 | 300 Latest
Practice Questions & Verified Answers with Detailed Rationales | Complete
Kentucky Health Insurance Producer License Study Guide |
What type of insurance covers unnamed people by activity, such as a soccer league's players during
games? - (ANSWER)Blanket insurance
What is it called when members of a bar association receive individual health policies at a group
discount? - (ANSWER)Franchise (wholesale) insurance
Who does credit health insurance pay benefits to? - (ANSWER)The creditor (lender)
What type of policy pays a flat $300/day for hospitalization regardless of actual charges? -
(ANSWER)Hospital indemnity insurance
What is a cancer-only policy that pays scheduled benefit amounts called? - (ANSWER)Specified disease
(dread disease) policy
What type of policy would NOT cover pneumonia requiring hospitalization? - (ANSWER)Accident-only
policy
What does a 'master contract' with certificates to employees describe? - (ANSWER)Group insurance
What describes individual policies issued to members of a group? - (ANSWER)Franchise insurance
What is the maximum coverage for credit disability coverage? - (ANSWER)The outstanding loan balance
or loan term
What is the difference between indemnity payment and reimbursement payment? -
(ANSWER)Indemnity = fixed amount; Reimbursement = actual cost or max, whichever is less
What is a requirement for a group to exist in relation to insurance? - (ANSWER)A group cannot exist
solely for the purpose of buying insurance
,Kentucky Health Insurance License Exam Practice Test 2026 | 300 Latest
Practice Questions & Verified Answers with Detailed Rationales | Complete
Kentucky Health Insurance Producer License Study Guide |
What type of insurance covers airline passengers under a single policy during their flight? -
(ANSWER)Blanket insurance
How many days must a change of address be reported to the Commissioner? - (ANSWER)30 days
How long must an agency appointment be filed within? - (ANSWER)15 days
How many days must an agency termination notice be filed within? - (ANSWER)30 days
How many continuing education hours are required per biennium in Kentucky? - (ANSWER)24 hours (3
must be ethics)
How often does a Kentucky producer license renew? - (ANSWER)Every 2 years
What is the minimum age for obtaining a Kentucky producer license? - (ANSWER)Age 18
How many pre-licensing hours are required per line of authority? - (ANSWER)20 hours
What is the civil penalty per violation for an insurance agent? - (ANSWER)$1,000
What is the civil penalty per violation for an insurer or HMO? - (ANSWER)$10,000
What is the civil penalty per violation for adjusters or consultants? - (ANSWER)$2,000
What is the Kentucky Guaranty limit for major medical? - (ANSWER)$500,000
, Kentucky Health Insurance License Exam Practice Test 2026 | 300 Latest
Practice Questions & Verified Answers with Detailed Rationales | Complete
Kentucky Health Insurance Producer License Study Guide |
What is the Kentucky Guaranty limit for annuity benefits? - (ANSWER)$250,000
What is the Kentucky Guaranty limit for death benefits or disability/LTC? - (ANSWER)$300,000
What is the Kentucky Guaranty limit for cash surrender values or other health? - (ANSWER)$100,000
What is the free look period for Medicare Supplements in Kentucky? - (ANSWER)30 days
What is the free look period for standard health insurance? - (ANSWER)10 days
How long must general advertisements be retained? - (ANSWER)3 years
How long must transaction records be retained after policy expiration? - (ANSWER)5 years
How long must LTC advertisements be retained? - (ANSWER)5 years
What is it called when someone is convinced to replace a policy through misrepresentation? -
(ANSWER)Twisting
What is excessive replacing of policies to generate commissions called? - (ANSWER)Churning
What is the act of returning part of your commission as a buying incentive called? - (ANSWER)Rebating
What is making false statements about another insurer to harm their business called? -
(ANSWER)Defamation
Practice Questions & Verified Answers with Detailed Rationales | Complete
Kentucky Health Insurance Producer License Study Guide |
What type of insurance covers unnamed people by activity, such as a soccer league's players during
games? - (ANSWER)Blanket insurance
What is it called when members of a bar association receive individual health policies at a group
discount? - (ANSWER)Franchise (wholesale) insurance
Who does credit health insurance pay benefits to? - (ANSWER)The creditor (lender)
What type of policy pays a flat $300/day for hospitalization regardless of actual charges? -
(ANSWER)Hospital indemnity insurance
What is a cancer-only policy that pays scheduled benefit amounts called? - (ANSWER)Specified disease
(dread disease) policy
What type of policy would NOT cover pneumonia requiring hospitalization? - (ANSWER)Accident-only
policy
What does a 'master contract' with certificates to employees describe? - (ANSWER)Group insurance
What describes individual policies issued to members of a group? - (ANSWER)Franchise insurance
What is the maximum coverage for credit disability coverage? - (ANSWER)The outstanding loan balance
or loan term
What is the difference between indemnity payment and reimbursement payment? -
(ANSWER)Indemnity = fixed amount; Reimbursement = actual cost or max, whichever is less
What is a requirement for a group to exist in relation to insurance? - (ANSWER)A group cannot exist
solely for the purpose of buying insurance
,Kentucky Health Insurance License Exam Practice Test 2026 | 300 Latest
Practice Questions & Verified Answers with Detailed Rationales | Complete
Kentucky Health Insurance Producer License Study Guide |
What type of insurance covers airline passengers under a single policy during their flight? -
(ANSWER)Blanket insurance
How many days must a change of address be reported to the Commissioner? - (ANSWER)30 days
How long must an agency appointment be filed within? - (ANSWER)15 days
How many days must an agency termination notice be filed within? - (ANSWER)30 days
How many continuing education hours are required per biennium in Kentucky? - (ANSWER)24 hours (3
must be ethics)
How often does a Kentucky producer license renew? - (ANSWER)Every 2 years
What is the minimum age for obtaining a Kentucky producer license? - (ANSWER)Age 18
How many pre-licensing hours are required per line of authority? - (ANSWER)20 hours
What is the civil penalty per violation for an insurance agent? - (ANSWER)$1,000
What is the civil penalty per violation for an insurer or HMO? - (ANSWER)$10,000
What is the civil penalty per violation for adjusters or consultants? - (ANSWER)$2,000
What is the Kentucky Guaranty limit for major medical? - (ANSWER)$500,000
, Kentucky Health Insurance License Exam Practice Test 2026 | 300 Latest
Practice Questions & Verified Answers with Detailed Rationales | Complete
Kentucky Health Insurance Producer License Study Guide |
What is the Kentucky Guaranty limit for annuity benefits? - (ANSWER)$250,000
What is the Kentucky Guaranty limit for death benefits or disability/LTC? - (ANSWER)$300,000
What is the Kentucky Guaranty limit for cash surrender values or other health? - (ANSWER)$100,000
What is the free look period for Medicare Supplements in Kentucky? - (ANSWER)30 days
What is the free look period for standard health insurance? - (ANSWER)10 days
How long must general advertisements be retained? - (ANSWER)3 years
How long must transaction records be retained after policy expiration? - (ANSWER)5 years
How long must LTC advertisements be retained? - (ANSWER)5 years
What is it called when someone is convinced to replace a policy through misrepresentation? -
(ANSWER)Twisting
What is excessive replacing of policies to generate commissions called? - (ANSWER)Churning
What is the act of returning part of your commission as a buying incentive called? - (ANSWER)Rebating
What is making false statements about another insurer to harm their business called? -
(ANSWER)Defamation
