2025 PENNSYLVANIA STATE HEALTH AND LIFE INSURANCE EXAM
QUESTIONS WITH ANSWERS GRADED A+ 2025/2026
The surrender charge is a percentage of the cash value and decreases over time - If a
deferred annuity is surrendered prematurely, a surrender charge is imposed. How is the
surrender charge determined?
Per capita - Which of the following methods to designate a beneficiary literally mean "
By the Head"
Plan A - Which of the following must be present in all medicare supplement plans?
National Do not call registry - What was created to keep telemarketers from calling
consumers who do not wish to be contacted?
Indemnity - Which insurance principle states that if a policy allows for greater
compensation than the financial loss incurred, the insured may only receive benefits for
the amount lost?
Calls based from outside the United States - Which of the following would not be
considered an expectation to the national do not call list?
A mutual insurer - Insurance companies may be classified according to the legal form of
their ownership. The type of company organized to return any surplus money to their
policyholders is
Iron - Which of the following is not a metal level of coverage offered under the patient
protection and affordable care act?
Prior to the time of application - A long-term care shoppers guide must be presented at
what point
Medicare - Which of the following programs is made up of 4 parts, where the first part is
paid for by FICA, and the second part is financed by premiums and payroll taxes?
Be responsible for at least 25% of total commissions collected by the office that he or
she manages - A person applying for a manager or exclusive general agent license
must meet all of the following criteria EXCEPT
Sickness - Which of the following is an example of a peril covered in an accident and
health insurance policy?
Extended Term - Which nonforfeiture option has the highest amount of insurance
protection?
Sudden and Unforeseen - A person steps off a streetcar and trips and breaks his ankle.
This type of injury can be described as
, Separate Accounts - A domestic insurer issuing variable contracts must establish one or
more
Issuing sales material that are exaggerated - Which of the following best describes a
misrepresentations?
Making derogatory oral statements about another's financial conditions - Which of the
following best describes the unfair trade practice of defamation?
Control Specialists costs - The gatekeeper of an HMO helps
It would not occur in a deferred annuity - Which of the following is not true regarding the
accumulation period of an annuity
Antibiotics - Which of the following hospice expenses would not be covered in a cost-
containment setting?
Payor benefits - Which of the following allows the insurer to relieve a minor insured from
premium payments if the minors parents have died or become disabled
income - A typical accidental death & dismemberment policy covers all of the following
losses except
All providers will have the same coverage - In reference to the standard medicare
supplement benefits plans, what does the term standard mean?
Insuring Clause - The section of the health policy that states the causes of eligible loss
under which an insured is assumed to be disabled is the
Express Authority - The authority granted to an agent through the agents contract is
referred to as
Producer - Which of the following licensees is classified as a representative of the
insurance company and not allowed to represent and insured or claimant?
Within 30 days - How soon after the due date should the insurer pay the agent
appointment fees?
They are tax deductible - How are employer contributions to health reimbursement
accounts treated in regards to taxation?
The owner must be the party to receive benefits - All of the following are true of an
annuity owner except
QUESTIONS WITH ANSWERS GRADED A+ 2025/2026
The surrender charge is a percentage of the cash value and decreases over time - If a
deferred annuity is surrendered prematurely, a surrender charge is imposed. How is the
surrender charge determined?
Per capita - Which of the following methods to designate a beneficiary literally mean "
By the Head"
Plan A - Which of the following must be present in all medicare supplement plans?
National Do not call registry - What was created to keep telemarketers from calling
consumers who do not wish to be contacted?
Indemnity - Which insurance principle states that if a policy allows for greater
compensation than the financial loss incurred, the insured may only receive benefits for
the amount lost?
Calls based from outside the United States - Which of the following would not be
considered an expectation to the national do not call list?
A mutual insurer - Insurance companies may be classified according to the legal form of
their ownership. The type of company organized to return any surplus money to their
policyholders is
Iron - Which of the following is not a metal level of coverage offered under the patient
protection and affordable care act?
Prior to the time of application - A long-term care shoppers guide must be presented at
what point
Medicare - Which of the following programs is made up of 4 parts, where the first part is
paid for by FICA, and the second part is financed by premiums and payroll taxes?
Be responsible for at least 25% of total commissions collected by the office that he or
she manages - A person applying for a manager or exclusive general agent license
must meet all of the following criteria EXCEPT
Sickness - Which of the following is an example of a peril covered in an accident and
health insurance policy?
Extended Term - Which nonforfeiture option has the highest amount of insurance
protection?
Sudden and Unforeseen - A person steps off a streetcar and trips and breaks his ankle.
This type of injury can be described as
, Separate Accounts - A domestic insurer issuing variable contracts must establish one or
more
Issuing sales material that are exaggerated - Which of the following best describes a
misrepresentations?
Making derogatory oral statements about another's financial conditions - Which of the
following best describes the unfair trade practice of defamation?
Control Specialists costs - The gatekeeper of an HMO helps
It would not occur in a deferred annuity - Which of the following is not true regarding the
accumulation period of an annuity
Antibiotics - Which of the following hospice expenses would not be covered in a cost-
containment setting?
Payor benefits - Which of the following allows the insurer to relieve a minor insured from
premium payments if the minors parents have died or become disabled
income - A typical accidental death & dismemberment policy covers all of the following
losses except
All providers will have the same coverage - In reference to the standard medicare
supplement benefits plans, what does the term standard mean?
Insuring Clause - The section of the health policy that states the causes of eligible loss
under which an insured is assumed to be disabled is the
Express Authority - The authority granted to an agent through the agents contract is
referred to as
Producer - Which of the following licensees is classified as a representative of the
insurance company and not allowed to represent and insured or claimant?
Within 30 days - How soon after the due date should the insurer pay the agent
appointment fees?
They are tax deductible - How are employer contributions to health reimbursement
accounts treated in regards to taxation?
The owner must be the party to receive benefits - All of the following are true of an
annuity owner except
