6/13/25, 5:35 AM Pearson vue Texas life and health insurance test questions
PEARSON VUE TEXAS LIFE AND HEALTH INSURANCE
TEST QUESTIONS AND COMPLETE ANSWERS \\VERIFIED
ANSWERS ALREADY GRADED A+
All of the following A. It is a compulsory program
statements about Medicare
Part B are correct EXCEPT
A. It is a compulsory program
B. It covers services and
supplies not covered
by Part A
C. It is financed by monthly
premium
D. It is financed by tax revenues
With respect to the C. Payment of premium
consideration clause, which
of the following would be
considered consideration
on the part of the
applicant for insurance?
A. Providing warranties on the
application
B. Notice of policy
cancellation
C. Payment of premium
D. Promise to renew the
policy at the end of the
policy period
The rider in a whole life A. Waiver of premium
policy that allows the
company to forgo
collecting the
premium if the insured is
disabled is called
A. Waiver of premium
B. Guaranteed insurability
1/54
,6/13/25, 5:35 AM Pearson vue Texas life and health insurance test questions
C. Waiver of cost of insurance
D. Payor benefit
Which of the following is D. It does not guarantee that the entire principal amount will be
NOT true regarding the Life paid out
with Guaranteed Minimum
annuity settlement option?
A. It is life contingency option
B. The beneficiary receives
the remainder of the
principal amount upon the
annuitant's death
C. Payments can be made
in installments and as a
single cash refund
D. It does not guarantee
that the entire principal
amount will be paid out
2/54
,6/13/25, 5:35 AM Pearson vue Texas life and health insurance test questions
An insurer advertises a A. Mentioning the Guaranty Association in
health policy that is covered advertisement is considered to be unfair trade
by the Life and Health practice
Insurance Guaranty
Association. The
advertisement
includes a short list of
benefits and
approximate rates.
The end of the
advertisement includes
statement that protection is
provided by the Guaranty
Association. Which of the
following is true?
A. Mentioning the Guaranty
Association in
advertisement is
considered to be unfair
trade practice
B. The advertisement must
also include the contact
information of the
association
C. The advertisement must
also include the contact
information of the
Commissioner of Insurance
D. Mentioning the Guaranty
Association is mandatory
when advertising in the
state of Texas
The commissioner of C.30
Insurance issues a Cease
and Desist Order and
immediately receives a
request for the charges to
be reviewed in a hearing.
3/54
, 6/13/25, 5:35 AM Pearson vue Texas life and health insurance test questions
Within how many days
must the hearing be held?
A.
10
B.
14
C.
30
D.
60
What is the purpose of the A. To help protect policyowners and beneficiaries
Life Insurance Guaranty against financial loss caused by the insolvency of an
Association? insurance company
A. To help protect
policyowners and
beneficiaries against
financial loss caused by the
insolvency of an insurance
company
B. To encourage life
insurance to write
substandard business
C. To allow agents to
continue to solicit
insurance, even if the
company they
represent is financially
impaired
D. To protect the reputation of
the
insurance Department if they
issue a
Certificate of Authority to a
company that becomes
insolvent
4/54
PEARSON VUE TEXAS LIFE AND HEALTH INSURANCE
TEST QUESTIONS AND COMPLETE ANSWERS \\VERIFIED
ANSWERS ALREADY GRADED A+
All of the following A. It is a compulsory program
statements about Medicare
Part B are correct EXCEPT
A. It is a compulsory program
B. It covers services and
supplies not covered
by Part A
C. It is financed by monthly
premium
D. It is financed by tax revenues
With respect to the C. Payment of premium
consideration clause, which
of the following would be
considered consideration
on the part of the
applicant for insurance?
A. Providing warranties on the
application
B. Notice of policy
cancellation
C. Payment of premium
D. Promise to renew the
policy at the end of the
policy period
The rider in a whole life A. Waiver of premium
policy that allows the
company to forgo
collecting the
premium if the insured is
disabled is called
A. Waiver of premium
B. Guaranteed insurability
1/54
,6/13/25, 5:35 AM Pearson vue Texas life and health insurance test questions
C. Waiver of cost of insurance
D. Payor benefit
Which of the following is D. It does not guarantee that the entire principal amount will be
NOT true regarding the Life paid out
with Guaranteed Minimum
annuity settlement option?
A. It is life contingency option
B. The beneficiary receives
the remainder of the
principal amount upon the
annuitant's death
C. Payments can be made
in installments and as a
single cash refund
D. It does not guarantee
that the entire principal
amount will be paid out
2/54
,6/13/25, 5:35 AM Pearson vue Texas life and health insurance test questions
An insurer advertises a A. Mentioning the Guaranty Association in
health policy that is covered advertisement is considered to be unfair trade
by the Life and Health practice
Insurance Guaranty
Association. The
advertisement
includes a short list of
benefits and
approximate rates.
The end of the
advertisement includes
statement that protection is
provided by the Guaranty
Association. Which of the
following is true?
A. Mentioning the Guaranty
Association in
advertisement is
considered to be unfair
trade practice
B. The advertisement must
also include the contact
information of the
association
C. The advertisement must
also include the contact
information of the
Commissioner of Insurance
D. Mentioning the Guaranty
Association is mandatory
when advertising in the
state of Texas
The commissioner of C.30
Insurance issues a Cease
and Desist Order and
immediately receives a
request for the charges to
be reviewed in a hearing.
3/54
, 6/13/25, 5:35 AM Pearson vue Texas life and health insurance test questions
Within how many days
must the hearing be held?
A.
10
B.
14
C.
30
D.
60
What is the purpose of the A. To help protect policyowners and beneficiaries
Life Insurance Guaranty against financial loss caused by the insolvency of an
Association? insurance company
A. To help protect
policyowners and
beneficiaries against
financial loss caused by the
insolvency of an insurance
company
B. To encourage life
insurance to write
substandard business
C. To allow agents to
continue to solicit
insurance, even if the
company they
represent is financially
impaired
D. To protect the reputation of
the
insurance Department if they
issue a
Certificate of Authority to a
company that becomes
insolvent
4/54
