Pearson Vue Life Insurance Practice Exam Actual Exam | Complete Questions and Correct Answers | Newest Exam | Verified Answers | Just Released

8/25/25, 12:49 AM Pearson Vue Life Insurance Practice Exam Actual Exam 2025-2026 | Complete Questions and Correct Answers | Newest Exam |
Verifie…




Pearson Vue Life Insurance Practice Exam Actual Exam
2025-2026| Complete Questions and Correct Answers |
Newest Exam | Verified Answers | Just Released




In the event of an insured's A
death, which of the
following provides an
income for the family
during a designated period
of time followed by a lump
sum death benefit?


A.Family


Income rider


B.Survivorship


Life policy


C.Joint Life policy

D.Modified Life policy




https://quizlet.com/1065477748/pearson-vue-life-insurance-practice-exam-actual-exam-2025-complete-questions-and-correct-answers-newest-exam-… 1/31

,8/25/25, 12:49 AM Pearson Vue Life Insurance Practice Exam Actual Exam 2025-2026 | Complete Questions and Correct Answers | Newest Exam |
Verifie…


Which of the following B
statements is
CORRECT about Group
Life conversion
privileges?


A.Under the COBRA law, a
departing
employee may elect to
remain a member of the
Group Life plan for a
limited period of time.


B.Death during the conversion
period is covered even if the
departing employee chose
not to convert the policy.


C.A departing employee
must individually pay the
premium if the employee
elects to be covered during
the conversion period.


D.If a departing employee
elects to convert a life
insurance policy, the insurer
must offer Term insurance
as one of the choices.
Which of the following A
policies is an interest-
sensitive form of
permanent protection?


A.Univers


al Life

https://quizlet.com/1065477748/pearson-vue-life-insurance-practice-exam-actual-exam-2025-complete-questions-and-correct-answers-newest-exam-… 2/31

,8/25/25, 12:49 AM Pearson Vue Life Insurance Practice Exam Actual Exam 2025-2026 | Complete Questions and Correct Answers | Newest Exam |
Verifie…
B.Limited-


Pay Life


C.Graded Premium Whole Life

D.Modified Whole Life




Reinstatement of a life B
insurance policy requires an
insured to take all of the
following actions EXCEPT:

A.provide evidence of
insurability

B.make collateral assignment
to the insurer

C.pay back interest on any
outstanding policy loan


D.pay all past-due premiums




https://quizlet.com/1065477748/pearson-vue-life-insurance-practice-exam-actual-exam-2025-complete-questions-and-correct-answers-newest-exam-… 3/31

, 8/25/25, 12:49 AM Pearson Vue Life Insurance Practice Exam Actual Exam 2025-2026 | Complete Questions and Correct Answers | Newest Exam |
Verifie…


Which of the following B
statements about a
Renewable Term policy is
CORRECT?


A.It is renewable at the
option of the insurer.


B.It is renewable at the
option of the insured.


C.It is renewable at the
option of the insurer, with
proof of insurability.


D.
It is renewable at the option
of the insured, with proof
of insurability.
If an insured commits D
suicide after the Suicide
clause in the insured's life
insurance policy has expired,
the insurer will take which
of the following actions?


A.Refuse to pay the Death
benefit or refund any
premiums


B.Refund only the premiums
paid

C.Refund the premiums paid
plus interest

D.Pay the Death benefit


https://quizlet.com/1065477748/pearson-vue-life-insurance-practice-exam-actual-exam-2025-complete-questions-and-correct-answers-newest-exam-… 4/31