COLORADO LIFE & HEALTH STATE TEST
EXAM 2026 ALL STUDY QUESTIONS WITH
VERIFIED ANSWERS GUARANTEED PASS
100% RATED A+
,COLORADO LIFE & HEALTH STATE TEST EXAM 2026
ALL STUDY QUESTIONS WITH VERIFIED ANSWERS
GUARANTEED PASS 100% RATED A+
All health policies issued in Colorado must provide coverage for preventive breast cancer
screenings with mammography on an annual basis for: - Answer>>> Individuals with a family
history of breast cancer
What is a way to provide additional life insurance protection for a temporary period of time
without having to acquire an additional life insurance policy? - Answer>>> Add a term rider to a
new or existing policy
Albert owned a $100,000 policy that had accumulated a cash value of $20,000, against which he
had borrowed $10,000. If he dies with this loan outstanding, his beneficiary will receive which of
the following amounts? - Answer>>> $90,000
Continuation of group health coverage applies to employees who have had continuous coverage
under the policy for what period of time? - Answer>>> 6 months
If a small employer group had their insurance discontinued due to nonpayment of premiums, and
then reapplies for coverage in the small group market, a small employer carrier may impose a
premium surcharge of up to: - Answer>>> 35% above the modified community rate
If after a policy has been issued and delivered, the insurer discovers unanswered questions on the
application, what can the insurer legally do at this point? - Answer>>> Nothing, the insurer has
waived its right to that information
______________ is a form of whole life in which the insurance company can change the
premiums or interest rate being credited to the account based on current money market rates. -
Answer>>> Current Assumption Whole Life
An insured with a participating life insurance policy receives an annual dividend check in the
mail. He must have selected which Dividend Option: - Answer>>> Cash
, PPO plans pay providers based on a: - Answer>>> Discounted fee for service negotiated in
advance
J purchased a policy that includes a carryover provision, common accident and family
deductible. J owns a _______________ policy. - Answer>>> Major Medical
Louise purchased a disability policy when her salary was $4,000 a month. Later, she lost that job
and her salary was reduced to $2,000 a month. Three years ago, she became self-employed and
now receives $3,500 a month. The maximum disability benefit she might expect will be based on
which salary amount? - Answer>>> $3,500
How many credit hours of continuing education must a Colorado producer complete every
license renewal period? - Answer>>> 24
If a producer is the subject of criminal prosecution in any jurisdiction, the producer must report
to the Commissioner after the initial pretrial hearing date within what time period? - Answer>>>
30 days
Each of the following are characteristics of a Current Assumption Whole Life insurance policy,
except: - Answer>>> The death benefit is not guaranteed
The ____________ provision prevents a Whole Life Policy from lapsing, as long as there is
adequate cash value, if the insured/policyowner forgets to pay the premium by the end of the
grace period. - Answer>>> Automatic Premium Loan
Attaching a(n) ___________ rider excludes coverage for a condition that would otherwise be
covered. - Answer>>> Impairment
If a life insurance policy does not pass the ___ -pay test, it will be deemed a MEC. - Answer>>>
7
Lyle owns a $50,000 20-Pay Life Policy that he lets lapse at the end of the fourth year. The
Nonforfeiture Option providing the longest period of coverage would be: - Answer>>> Reduced
Paid-Up
Which of the following best describes the general tax rules regarding individual disability health
insurance plans? - Answer>>> Premiums are not deductible, the benefits are not taxable
EXAM 2026 ALL STUDY QUESTIONS WITH
VERIFIED ANSWERS GUARANTEED PASS
100% RATED A+
,COLORADO LIFE & HEALTH STATE TEST EXAM 2026
ALL STUDY QUESTIONS WITH VERIFIED ANSWERS
GUARANTEED PASS 100% RATED A+
All health policies issued in Colorado must provide coverage for preventive breast cancer
screenings with mammography on an annual basis for: - Answer>>> Individuals with a family
history of breast cancer
What is a way to provide additional life insurance protection for a temporary period of time
without having to acquire an additional life insurance policy? - Answer>>> Add a term rider to a
new or existing policy
Albert owned a $100,000 policy that had accumulated a cash value of $20,000, against which he
had borrowed $10,000. If he dies with this loan outstanding, his beneficiary will receive which of
the following amounts? - Answer>>> $90,000
Continuation of group health coverage applies to employees who have had continuous coverage
under the policy for what period of time? - Answer>>> 6 months
If a small employer group had their insurance discontinued due to nonpayment of premiums, and
then reapplies for coverage in the small group market, a small employer carrier may impose a
premium surcharge of up to: - Answer>>> 35% above the modified community rate
If after a policy has been issued and delivered, the insurer discovers unanswered questions on the
application, what can the insurer legally do at this point? - Answer>>> Nothing, the insurer has
waived its right to that information
______________ is a form of whole life in which the insurance company can change the
premiums or interest rate being credited to the account based on current money market rates. -
Answer>>> Current Assumption Whole Life
An insured with a participating life insurance policy receives an annual dividend check in the
mail. He must have selected which Dividend Option: - Answer>>> Cash
, PPO plans pay providers based on a: - Answer>>> Discounted fee for service negotiated in
advance
J purchased a policy that includes a carryover provision, common accident and family
deductible. J owns a _______________ policy. - Answer>>> Major Medical
Louise purchased a disability policy when her salary was $4,000 a month. Later, she lost that job
and her salary was reduced to $2,000 a month. Three years ago, she became self-employed and
now receives $3,500 a month. The maximum disability benefit she might expect will be based on
which salary amount? - Answer>>> $3,500
How many credit hours of continuing education must a Colorado producer complete every
license renewal period? - Answer>>> 24
If a producer is the subject of criminal prosecution in any jurisdiction, the producer must report
to the Commissioner after the initial pretrial hearing date within what time period? - Answer>>>
30 days
Each of the following are characteristics of a Current Assumption Whole Life insurance policy,
except: - Answer>>> The death benefit is not guaranteed
The ____________ provision prevents a Whole Life Policy from lapsing, as long as there is
adequate cash value, if the insured/policyowner forgets to pay the premium by the end of the
grace period. - Answer>>> Automatic Premium Loan
Attaching a(n) ___________ rider excludes coverage for a condition that would otherwise be
covered. - Answer>>> Impairment
If a life insurance policy does not pass the ___ -pay test, it will be deemed a MEC. - Answer>>>
7
Lyle owns a $50,000 20-Pay Life Policy that he lets lapse at the end of the fourth year. The
Nonforfeiture Option providing the longest period of coverage would be: - Answer>>> Reduced
Paid-Up
Which of the following best describes the general tax rules regarding individual disability health
insurance plans? - Answer>>> Premiums are not deductible, the benefits are not taxable
