1|Page
Wisconsin Accident and Health Insurance Exam | 2025-2026 LATEST
UPDATED| REAL EXAM QUESTIONS AND ANSWERS | 100% RATED
CORRECT | 100% VERFIED | ALREADY GRADED A+
Dividends from a stock company are normally sent to:
Beneficiaries
Shareholders
Policy holders
Insureds - (answer)Shareholders
Which of the following financial products creates an instant estate, no matter when the date of
death?
Mutual funds
Life insurance
Certificate of deposit
Deferred annuity - (answer)Life insurance
Which of the following outlines the authority given to the producer on behalf of the insurer?
Rebating arrangement
Commingling contract
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Controlled business clause
Producer contract - (answer)Producer contract
Dividends from a mutual insurance company are paid to whom?
Policyholders
Beneficiaries
Preferred stockholders
Stockholders - (answer)Policyholders
A stock insurance company is owned by its
Officers
Board directors
Policyowners
Shareholders - (answer)Policyowners
A reciprocal insurer typically has an administrator who manages the premiums collected from
the group's members. This administrator is called a(n)
Reciprocal commissioner
Attorney general
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Attorney-in-fact
Reciprocal - (answer)Attorney-in-fact
which reinsurance contract between two insurers involves an automatic sharing of the risks
assumed?
Arbitrage reinsurance
Facultative reinsurance
Excess reinsurance
Treaty reinsurance - (answer)Treaty reinsurance
A group-owned insurance company that is formed to assume and spread the liability risks of its
members is known as a
Risk retention group
Treaty insurer
Risk assumption group
Captive insurer - (answer)Risk retention group
Which group is the Do not Registry designed to protect against?
Telemarketers
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Charities
Political organizations
Relatives - (answer)Telemarketers
who regulates an insurer's claim settlement practices?
National Association of Claim Adjusters
State attorney general
National Association of insurance Commissioners
State insurance departments - (answer)State insurance departments
Which of the following is Not an example of risk retention?
Becoming aware of a risk and taking no action
Self-insuring a given risk
Deciding a business deal is risky but going through with it anyways
Not doing a business deal after deciding it would be too risky - (answer)Not doing a business
deal after deciding it would be too risky
Which of the following describes the act of insuring a risk against possible loss?
Risk avoidance
Wisconsin Accident and Health Insurance Exam | 2025-2026 LATEST
UPDATED| REAL EXAM QUESTIONS AND ANSWERS | 100% RATED
CORRECT | 100% VERFIED | ALREADY GRADED A+
Dividends from a stock company are normally sent to:
Beneficiaries
Shareholders
Policy holders
Insureds - (answer)Shareholders
Which of the following financial products creates an instant estate, no matter when the date of
death?
Mutual funds
Life insurance
Certificate of deposit
Deferred annuity - (answer)Life insurance
Which of the following outlines the authority given to the producer on behalf of the insurer?
Rebating arrangement
Commingling contract
,2|Page
Controlled business clause
Producer contract - (answer)Producer contract
Dividends from a mutual insurance company are paid to whom?
Policyholders
Beneficiaries
Preferred stockholders
Stockholders - (answer)Policyholders
A stock insurance company is owned by its
Officers
Board directors
Policyowners
Shareholders - (answer)Policyowners
A reciprocal insurer typically has an administrator who manages the premiums collected from
the group's members. This administrator is called a(n)
Reciprocal commissioner
Attorney general
,3|Page
Attorney-in-fact
Reciprocal - (answer)Attorney-in-fact
which reinsurance contract between two insurers involves an automatic sharing of the risks
assumed?
Arbitrage reinsurance
Facultative reinsurance
Excess reinsurance
Treaty reinsurance - (answer)Treaty reinsurance
A group-owned insurance company that is formed to assume and spread the liability risks of its
members is known as a
Risk retention group
Treaty insurer
Risk assumption group
Captive insurer - (answer)Risk retention group
Which group is the Do not Registry designed to protect against?
Telemarketers
, 4|Page
Charities
Political organizations
Relatives - (answer)Telemarketers
who regulates an insurer's claim settlement practices?
National Association of Claim Adjusters
State attorney general
National Association of insurance Commissioners
State insurance departments - (answer)State insurance departments
Which of the following is Not an example of risk retention?
Becoming aware of a risk and taking no action
Self-insuring a given risk
Deciding a business deal is risky but going through with it anyways
Not doing a business deal after deciding it would be too risky - (answer)Not doing a business
deal after deciding it would be too risky
Which of the following describes the act of insuring a risk against possible loss?
Risk avoidance
