Alabama Insurance Producer license test
Exam LATEST Test and Exam question and
answers latest update 2026 RATED A+
Employer health plans must provide primary coverage for individuals with end-stage renal disease
before medicare becomes primary care for how many months? - CORRECT ANSWERS 30
months
the sole beneficiary of a life insurance policy dies before the insured. the policy will then go to? -
CORRECT ANSWERS The insured's estate
An insured buys a 5-year level premium term policy with a face amount of $100,000. The policy also
contains renewability and convertibility options. When the insured renews the policy in five years, what
happens to the premium? - CORRECT ANSWERS it increases because they are 5 years older
and not fit into an older homogenous group.
Workers Comp is regulated by? - CORRECT ANSWERS State Government
All the following are dividend options except: - CORRECT ANSWERS Fixed period installments.
which of the following is NOT the consideration in a policy? - CORRECT ANSWERS The
application given to a prospective insured.
When the insured selects that extended term nonforfeiture option, the cas value will be used to
purchase term insurance with what face amount? - CORRECT ANSWERS Equal to the original
policy for as long as the cash values will purchase.
When the policy premium wasn't submitted with the application, what should the agent obtain from the
insured upon policy delivery? - CORRECT ANSWERS a statement of good health
, Which of the following is NOT among the goals of Medicare supplement application? - CORRECT
ANSWERS Presuming the applicant is eligible for Medicaid, based on the nature of the policy
Which clause stipulates that life insurance premiums can be paid in advance of policy insurance? -
CORRECT ANSWERS Payment of Premium Cause
Under an extended term nonforfeiture option, the policy cash value is converted to - CORRECT
ANSWERS the same face amount as in the whole life policy.
A new employee who meets HIPAA eligibility requirements must be issued health coverage on what
basis? - CORRECT ANSWERS guaranteed
A man decided to purchase a $100,000 Annually Renewable Term Life policy to provide additional
protection until his children finished college. He discovered that his policy - CORRECT ANSWERS
required a premium increase each renewal
a family's income need is greatest during which period? - CORRECT ANSWERS family income
dependency
a universal life insurance policy is best described as - CORRECT ANSWERS annually renewable
term policy with a cash value amount
when an insured makes truthful statements on the application for insurance and pas the required
premium, it is known as - CORRECT ANSWERS Consideration
an individual applied for an insurance policy and paid the initial premium. The insurer issued a
conditional receipt. Five days later the applicant has to submit to a medical exam. if the policy is issued
what would the policy's effectiveness date be? - CORRECT ANSWERS The date of medical
exam
Exam LATEST Test and Exam question and
answers latest update 2026 RATED A+
Employer health plans must provide primary coverage for individuals with end-stage renal disease
before medicare becomes primary care for how many months? - CORRECT ANSWERS 30
months
the sole beneficiary of a life insurance policy dies before the insured. the policy will then go to? -
CORRECT ANSWERS The insured's estate
An insured buys a 5-year level premium term policy with a face amount of $100,000. The policy also
contains renewability and convertibility options. When the insured renews the policy in five years, what
happens to the premium? - CORRECT ANSWERS it increases because they are 5 years older
and not fit into an older homogenous group.
Workers Comp is regulated by? - CORRECT ANSWERS State Government
All the following are dividend options except: - CORRECT ANSWERS Fixed period installments.
which of the following is NOT the consideration in a policy? - CORRECT ANSWERS The
application given to a prospective insured.
When the insured selects that extended term nonforfeiture option, the cas value will be used to
purchase term insurance with what face amount? - CORRECT ANSWERS Equal to the original
policy for as long as the cash values will purchase.
When the policy premium wasn't submitted with the application, what should the agent obtain from the
insured upon policy delivery? - CORRECT ANSWERS a statement of good health
, Which of the following is NOT among the goals of Medicare supplement application? - CORRECT
ANSWERS Presuming the applicant is eligible for Medicaid, based on the nature of the policy
Which clause stipulates that life insurance premiums can be paid in advance of policy insurance? -
CORRECT ANSWERS Payment of Premium Cause
Under an extended term nonforfeiture option, the policy cash value is converted to - CORRECT
ANSWERS the same face amount as in the whole life policy.
A new employee who meets HIPAA eligibility requirements must be issued health coverage on what
basis? - CORRECT ANSWERS guaranteed
A man decided to purchase a $100,000 Annually Renewable Term Life policy to provide additional
protection until his children finished college. He discovered that his policy - CORRECT ANSWERS
required a premium increase each renewal
a family's income need is greatest during which period? - CORRECT ANSWERS family income
dependency
a universal life insurance policy is best described as - CORRECT ANSWERS annually renewable
term policy with a cash value amount
when an insured makes truthful statements on the application for insurance and pas the required
premium, it is known as - CORRECT ANSWERS Consideration
an individual applied for an insurance policy and paid the initial premium. The insurer issued a
conditional receipt. Five days later the applicant has to submit to a medical exam. if the policy is issued
what would the policy's effectiveness date be? - CORRECT ANSWERS The date of medical
exam
