Connecticut life and health UPDATED
ACTUAL Exam Questions and CORRECT
Answers
An agent's authority to bind an insurer to an insurance contract may be granted in the -
CORRECT ANSWER - agent's contract and the insurance company's appointment
Which of these statements regarding the extended term insurance nonforfeiture option in a life
policy is accurate? - CORRECT ANSWER - The premium to purchase the coverage comes
from the policy's cash value
Which of theses is not a standard provision in qualified long-term care policies sold in
Connecticut? - CORRECT ANSWER - Prior hospitalization
A family counseling benefit is typically offered under which of these coverages? - CORRECT
ANSWER - hospice care
An insured's statement of a policy's benefits which is to be used in marketing materials is called a
- CORRECT ANSWER - Testimony
Tina is insured under a business overhead expense insurance policy. Which of the following
would be covered if she were to become disabled? - CORRECT ANSWER - Business
property rental expense
An annuitant is paid $495 per month until the contract value is exhausted at some undetermined
date in the future. Which type of annuity payout option is this? - CORRECT ANSWER -
Fixed amount
Which of the following is true regarding a person receiving a waiver of premium benefit? -
CORRECT ANSWER - The insured must be disabled for a period of time
, Elimination periods typically apply to - CORRECT ANSWER - Disability policies
What could be the potential result of taking out a cash value loan under a life insurance policy? -
CORRECT ANSWER - Reduces the amount receivable upon surrender of the contract
Laura has an employer-based preventative health care plan that focuses on an enrollee's
problems, such as drug abuse or stress. These plans are called - CORRECT ANSWER -
wellness programs
How long do most states allow an insurance company to delay the payment of a cash surrender
under the Delayed Payment provision? - CORRECT ANSWER - 6 months
Non-occasional disability coverage is designed for - CORRECT ANSWER - Employees
who suffer non-work related disabilities, since work-related disability are covered by workers
compensation
Home health care benefits typically do NOT include coverage for - CORRECT
ANSWER - prescription medication
A guaranteed renewable provision allows - CORRECT ANSWER - premiums which can
only be increased per rate class
Which of the following is NOT covered by a comprehensive long-term care policy? - CORRECT
ANSWER - acute care
Which statement concerning an adjustable life insurance policy is false? - CORRECT
ANSWER - Evidence of insurability is required when there is a change in premium
Which of the following is the best candidate for a temporary insurance license? - CORRECT
ANSWER - The executor of the estate of a deceased licensed producer
ACTUAL Exam Questions and CORRECT
Answers
An agent's authority to bind an insurer to an insurance contract may be granted in the -
CORRECT ANSWER - agent's contract and the insurance company's appointment
Which of these statements regarding the extended term insurance nonforfeiture option in a life
policy is accurate? - CORRECT ANSWER - The premium to purchase the coverage comes
from the policy's cash value
Which of theses is not a standard provision in qualified long-term care policies sold in
Connecticut? - CORRECT ANSWER - Prior hospitalization
A family counseling benefit is typically offered under which of these coverages? - CORRECT
ANSWER - hospice care
An insured's statement of a policy's benefits which is to be used in marketing materials is called a
- CORRECT ANSWER - Testimony
Tina is insured under a business overhead expense insurance policy. Which of the following
would be covered if she were to become disabled? - CORRECT ANSWER - Business
property rental expense
An annuitant is paid $495 per month until the contract value is exhausted at some undetermined
date in the future. Which type of annuity payout option is this? - CORRECT ANSWER -
Fixed amount
Which of the following is true regarding a person receiving a waiver of premium benefit? -
CORRECT ANSWER - The insured must be disabled for a period of time
, Elimination periods typically apply to - CORRECT ANSWER - Disability policies
What could be the potential result of taking out a cash value loan under a life insurance policy? -
CORRECT ANSWER - Reduces the amount receivable upon surrender of the contract
Laura has an employer-based preventative health care plan that focuses on an enrollee's
problems, such as drug abuse or stress. These plans are called - CORRECT ANSWER -
wellness programs
How long do most states allow an insurance company to delay the payment of a cash surrender
under the Delayed Payment provision? - CORRECT ANSWER - 6 months
Non-occasional disability coverage is designed for - CORRECT ANSWER - Employees
who suffer non-work related disabilities, since work-related disability are covered by workers
compensation
Home health care benefits typically do NOT include coverage for - CORRECT
ANSWER - prescription medication
A guaranteed renewable provision allows - CORRECT ANSWER - premiums which can
only be increased per rate class
Which of the following is NOT covered by a comprehensive long-term care policy? - CORRECT
ANSWER - acute care
Which statement concerning an adjustable life insurance policy is false? - CORRECT
ANSWER - Evidence of insurability is required when there is a change in premium
Which of the following is the best candidate for a temporary insurance license? - CORRECT
ANSWER - The executor of the estate of a deceased licensed producer
