ARIZONA LIFE AND HEALTH
INSURANCE EXAM 2024 COMPLETE
450 QUESTIONS WITH 100%
CORRECT DETAILED AND VERIFIED
ANSWERS
ACTUAL BRAND-NEW
EXAM ALREADY
GRADED A+
A health plan offered by private insurance companies is
- ....ANSWER...Medicare Supplement
Chris has a single major medical contract which covers
all medical expenses. His plan is considered to be -
....ANSWER...comprehensive
In accident and health insurance, 60 days must pass after
written proof of loss has been received by an insurer before
the insured may - ....ANSWER...Bring legal action against
the insurer
When a ten year renewable term life insurance policy
issued at age 45 is renewed, the premium rate will be the
current rate for - ....ANSWER...Ten year term insurance
1
,for a person aged 55
All of the following are unfair claims settlement practices
except - ....ANSWER...An attempt to settle a claim by
arbitration
What is covered under a limited accident and health
insurance policy? - ....ANSWER...Limited perils and
amounts
A life insurance policy provision that has the ability to
reduce the death benefit is called -
....ANSWER...Accelerated (living) benefit
If an accident and health insurance claim form is NOT
supplied to the insured within 15 says after the notice
of claim, the insured may comply with the proof of loss
provision by submitting -
....ANSWER...Written proof of the occurrence and
extent of loss
How are monthly life annuity benefit payments treated
under a tax-sheltered annuity (TSA)? -
....ANSWER...Taxed as ordinary income in the year
received
How does a continuous premium whole life policy
2
,differ from a limited payment whole life policy? -
....ANSWER...The time period in which premiums will be
paid
3
, Which of these is an accurate statement regarding the
fixed period settlement option on a life insurance policy?
- ....ANSWER...A portion of the payments paid to the
beneficiary comes from interest calculated on the proceeds
of the policy
Under what circumstance does an accident and health
insurer have the right to request an autopsy?
- ....ANSWER...When not prohibited by state law
A material change in a modified endowment contract
(MEC) results in - ....ANSWER...the seven pay test,
adjusted for cash value, being applied again
Under an adjustable life insurance policy, which of the
following may NOT be changed without further
underwriting? - ....ANSWER...The person insured
Linda is covered with long-term care insurance and has
early-stage Alzheimer's. She is still able to reside in her
home while receiving primary care, as opposed to
moving into a nursing home. All of the following long-
term benefits encourage this EXCEPT for -
....ANSWER...custodial care
4
INSURANCE EXAM 2024 COMPLETE
450 QUESTIONS WITH 100%
CORRECT DETAILED AND VERIFIED
ANSWERS
ACTUAL BRAND-NEW
EXAM ALREADY
GRADED A+
A health plan offered by private insurance companies is
- ....ANSWER...Medicare Supplement
Chris has a single major medical contract which covers
all medical expenses. His plan is considered to be -
....ANSWER...comprehensive
In accident and health insurance, 60 days must pass after
written proof of loss has been received by an insurer before
the insured may - ....ANSWER...Bring legal action against
the insurer
When a ten year renewable term life insurance policy
issued at age 45 is renewed, the premium rate will be the
current rate for - ....ANSWER...Ten year term insurance
1
,for a person aged 55
All of the following are unfair claims settlement practices
except - ....ANSWER...An attempt to settle a claim by
arbitration
What is covered under a limited accident and health
insurance policy? - ....ANSWER...Limited perils and
amounts
A life insurance policy provision that has the ability to
reduce the death benefit is called -
....ANSWER...Accelerated (living) benefit
If an accident and health insurance claim form is NOT
supplied to the insured within 15 says after the notice
of claim, the insured may comply with the proof of loss
provision by submitting -
....ANSWER...Written proof of the occurrence and
extent of loss
How are monthly life annuity benefit payments treated
under a tax-sheltered annuity (TSA)? -
....ANSWER...Taxed as ordinary income in the year
received
How does a continuous premium whole life policy
2
,differ from a limited payment whole life policy? -
....ANSWER...The time period in which premiums will be
paid
3
, Which of these is an accurate statement regarding the
fixed period settlement option on a life insurance policy?
- ....ANSWER...A portion of the payments paid to the
beneficiary comes from interest calculated on the proceeds
of the policy
Under what circumstance does an accident and health
insurer have the right to request an autopsy?
- ....ANSWER...When not prohibited by state law
A material change in a modified endowment contract
(MEC) results in - ....ANSWER...the seven pay test,
adjusted for cash value, being applied again
Under an adjustable life insurance policy, which of the
following may NOT be changed without further
underwriting? - ....ANSWER...The person insured
Linda is covered with long-term care insurance and has
early-stage Alzheimer's. She is still able to reside in her
home while receiving primary care, as opposed to
moving into a nursing home. All of the following long-
term benefits encourage this EXCEPT for -
....ANSWER...custodial care
4
