Exam Practice 2025/2026 Exam
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What are the 2 types of Flexible Spending Accounts? - 🧠 ANSWER
✔✔Health care accounts and Dependent care accounts
Concerning a Whole Life Policy, which of the following statements is
correct? - 🧠 ANSWER ✔✔Cash value is guaranteed
According to the rights of renewability rider for cancellable policies, all of
the following are correct about the cancellation of an individual insurance
policy EXCEPT - 🧠 ANSWER ✔✔Unearned premiums are retained by the
insurance company
, In a replacement situation, all of the following must be considered EXCEPT
- 🧠 ANSWER ✔✔Assets
For an agent to sell continuous care coverage, the agent must meet all of
the following requirements EXCEPT - 🧠 ANSWER ✔✔Be licensed as a life
insurance producer
Which of the following licensees are not compensated directly related to the
amount of insurance sold? - 🧠 ANSWER ✔✔Insurance consultant
Producers must complete how many hours of continuing education on the
subject of ethics every licensing period? - 🧠 ANSWER ✔✔3 Hours
Which of the following definitions would make it easier to qualify for total
disability benefits? - 🧠 ANSWER ✔✔The more liberal "own occupation"
Which of the following must be present in all Medicare supplement plans? -
🧠 ANSWER ✔✔Plan A
Most agents try to collect the initial premium for submission with the
application. When an agent collects the initial premium from the applicant,
the agent should issue the applicant a - 🧠 ANSWER ✔✔Premium receipt