Pearson Vue Insurance Practice Exam
2025/2026 Exam Questions and Answers
| 100% Pass
Under the social security retirement benefits, all of the following factors will
influence how much a retiring individual will receive as a monthly income
benefit except the individual's - 🧠 ANSWER ✔✔Sex
In life insurance, insurance interest must exist at the time the - 🧠 ANSWER
✔✔Producer writes an application on a proposed insured
Which of the following statements is NOT correct about representations? -
🧠 ANSWER ✔✔They are true in every respect
An insurance producer takes an application for a life insurance policy but
does not collect the initial premium. On delivery of the policy to the
proposed insured, the producer must collect the initial premium and which
, of the following? - 🧠 ANSWER ✔✔The insured's signed statement of
continued good health
Which of the following retirement plans is tax-qualified? - 🧠 ANSWER
✔✔Defined contribution
Which of the following statements is correct about the paid-up additions in
a participating whole life policy? - 🧠 ANSWER ✔✔They are purchased on
an attained age basis
The right to change a beneficiary designation is reserved for the: - 🧠
ANSWER ✔✔Policyowner
Which of the following provisions in a life policy specifies the manner in
which proceeds will be paid to a beneficiary on the death of the insured? - 🧠
ANSWER ✔✔Settlement options
Two business partners own life insurance on each other. If one partner
dies, which of the following contracts will allow the other partner to buy 100
percent of the business interest? - 🧠 ANSWER ✔✔buy-sell agreement
2025/2026 Exam Questions and Answers
| 100% Pass
Under the social security retirement benefits, all of the following factors will
influence how much a retiring individual will receive as a monthly income
benefit except the individual's - 🧠 ANSWER ✔✔Sex
In life insurance, insurance interest must exist at the time the - 🧠 ANSWER
✔✔Producer writes an application on a proposed insured
Which of the following statements is NOT correct about representations? -
🧠 ANSWER ✔✔They are true in every respect
An insurance producer takes an application for a life insurance policy but
does not collect the initial premium. On delivery of the policy to the
proposed insured, the producer must collect the initial premium and which
, of the following? - 🧠 ANSWER ✔✔The insured's signed statement of
continued good health
Which of the following retirement plans is tax-qualified? - 🧠 ANSWER
✔✔Defined contribution
Which of the following statements is correct about the paid-up additions in
a participating whole life policy? - 🧠 ANSWER ✔✔They are purchased on
an attained age basis
The right to change a beneficiary designation is reserved for the: - 🧠
ANSWER ✔✔Policyowner
Which of the following provisions in a life policy specifies the manner in
which proceeds will be paid to a beneficiary on the death of the insured? - 🧠
ANSWER ✔✔Settlement options
Two business partners own life insurance on each other. If one partner
dies, which of the following contracts will allow the other partner to buy 100
percent of the business interest? - 🧠 ANSWER ✔✔buy-sell agreement
