AFLAC ACADEMY INSURANCE EXAM ACL006-010
2026 QUESTIONS AND ANSWER KEY (VERIFIED)
Making a statement that is false or maliciously critical of the financial
condition of an insurer is known as - ANSWERdefamation
Which of the following statements regarding an examination of an insurer's
books and records by the Commissioner is true?
- An insurer has a right to delay an examination by the Commissioner for a
period of not more than 15 days after notification
-The insurer must not impede an examination and is required to assist in the
examination procedures
-Reports related to solicitors are not official records archived from insurance
examinations
- The Commissioner only has the authority to examine domestic insurers -
ANSWERThe insurer must not impede an examination and is required to
assist in the examination procedures
When an intermediary's license is revoked for failure to meet continuing
education requirements, the intermediary CANNOT - ANSWERbe present
during the sale of insurance by another intermediary
Which type of policy pays benefits to a policyholder covered under a Hospital
Expense policy? - ANSWERreimbursement
Qualified long-term care policies must include all of the following provisions
EXCEPT
- Nonforfeiture option
- Inflation protection
- Prior hospitalization
- Guaranteed renewability - ANSWERPrior hospitalization
Medicare - ANSWERa federal health insurance program for individuals over
the age of 65 or permanently disabled
John has a criminal record in which he was convicted of a felony that involved
dishonesty. Under Federal law, how would John be able to engage in
,insurance transactions? - ANSWERGiven written consent by the state
insurance regulatory agency
A Medicare Supplement insurance policy may EXCLUDE coverage for
preexisting conditions for a maximum period of how many months after the
policy goes into effect? - ANSWER6
An insured's statement of a policy's benefits which is to be used in marketing
materials is called a(n) - ANSWERtestimony
Jim is covered under a disability income policy. He is hurt while engaged in an
occupation that is more hazardous than the occupation he specified in the
policy. What action will the insurer likely take? - ANSWERReduce the benefit
level
All of these are considered to be a violation of the Federal Fraud and False
Statements Act EXCEPT
- Overvaluing land
- Abstracting funds
- False entries on reports
-Claims reimbursement - ANSWERClaims reimbursement
For group health plans covering employees in more than one state, the state
regulatory jurisdiction established for the plan may affect any of the following
aspects EXCEPT
- Minimum enrollment percentages
- Eligibility qualifications
- Required contract provisions
- COBRA continuation of coverage - ANSWERCOBRA continuation of coverage
A false statement made by an applicant that would influence an insurer in
determining whether or not to accept the risk is - ANSWERa material
misrepresentation
Which parties are directly involved in a group accident and health insurance
contract? - ANSWERemployer and insurer
(not employees)
Who determines the suitability of a disability (accident & health) policy to a
potential insured? - ANSWERIntermediary
, Long Term Care policies will usually pay for eligible benefits using which of
the following methods? - ANSWERExpense Incurred
Greg applies for insurance and makes a false statement on the application
that will influence whether or not the insurer will accept the risk. Greg's false
statement is called a(n) - ANSWERmaterial misrepresentation
Which of the following statements BEST describes a double indemnity
provision in travel accident insurance? - ANSWERBenefits are doubled under
certain circumstances stated in the policy
A copy of all Medicare Supplement advertisements must be submitted for
approval to - ANSWERThe Commissioner
Jill has a group health plan with an employer that covers employees in more
than one state. Which of the following is NOT affected by the state regulatory
jurisdiction established for this plan?
- Eligibility requirements
- Required provisions
- Minimum enrollment percentage
- Continuation of coverage under COBRA - ANSWERContinuation of coverage
under COBRA
Which of the following statements accurately describes the financial impact
of total disability? - ANSWERThe financial impact may be worse than that of
death
In long-term care insurance, what is the length of time for which claims will
be paid? - ANSWERBenefit period
All of these are used to prevent adverse selection in a group dental plan
EXCEPT
- Provide evidence of insurability
- Probationary periods
- Waiting periods
- Decreased employee participation - ANSWERDecreased employee
participation
Group accident and health insurance may be offered by an insurer when the
sponsoring group - ANSWERprovides an employer-employee relationship
2026 QUESTIONS AND ANSWER KEY (VERIFIED)
Making a statement that is false or maliciously critical of the financial
condition of an insurer is known as - ANSWERdefamation
Which of the following statements regarding an examination of an insurer's
books and records by the Commissioner is true?
- An insurer has a right to delay an examination by the Commissioner for a
period of not more than 15 days after notification
-The insurer must not impede an examination and is required to assist in the
examination procedures
-Reports related to solicitors are not official records archived from insurance
examinations
- The Commissioner only has the authority to examine domestic insurers -
ANSWERThe insurer must not impede an examination and is required to
assist in the examination procedures
When an intermediary's license is revoked for failure to meet continuing
education requirements, the intermediary CANNOT - ANSWERbe present
during the sale of insurance by another intermediary
Which type of policy pays benefits to a policyholder covered under a Hospital
Expense policy? - ANSWERreimbursement
Qualified long-term care policies must include all of the following provisions
EXCEPT
- Nonforfeiture option
- Inflation protection
- Prior hospitalization
- Guaranteed renewability - ANSWERPrior hospitalization
Medicare - ANSWERa federal health insurance program for individuals over
the age of 65 or permanently disabled
John has a criminal record in which he was convicted of a felony that involved
dishonesty. Under Federal law, how would John be able to engage in
,insurance transactions? - ANSWERGiven written consent by the state
insurance regulatory agency
A Medicare Supplement insurance policy may EXCLUDE coverage for
preexisting conditions for a maximum period of how many months after the
policy goes into effect? - ANSWER6
An insured's statement of a policy's benefits which is to be used in marketing
materials is called a(n) - ANSWERtestimony
Jim is covered under a disability income policy. He is hurt while engaged in an
occupation that is more hazardous than the occupation he specified in the
policy. What action will the insurer likely take? - ANSWERReduce the benefit
level
All of these are considered to be a violation of the Federal Fraud and False
Statements Act EXCEPT
- Overvaluing land
- Abstracting funds
- False entries on reports
-Claims reimbursement - ANSWERClaims reimbursement
For group health plans covering employees in more than one state, the state
regulatory jurisdiction established for the plan may affect any of the following
aspects EXCEPT
- Minimum enrollment percentages
- Eligibility qualifications
- Required contract provisions
- COBRA continuation of coverage - ANSWERCOBRA continuation of coverage
A false statement made by an applicant that would influence an insurer in
determining whether or not to accept the risk is - ANSWERa material
misrepresentation
Which parties are directly involved in a group accident and health insurance
contract? - ANSWERemployer and insurer
(not employees)
Who determines the suitability of a disability (accident & health) policy to a
potential insured? - ANSWERIntermediary
, Long Term Care policies will usually pay for eligible benefits using which of
the following methods? - ANSWERExpense Incurred
Greg applies for insurance and makes a false statement on the application
that will influence whether or not the insurer will accept the risk. Greg's false
statement is called a(n) - ANSWERmaterial misrepresentation
Which of the following statements BEST describes a double indemnity
provision in travel accident insurance? - ANSWERBenefits are doubled under
certain circumstances stated in the policy
A copy of all Medicare Supplement advertisements must be submitted for
approval to - ANSWERThe Commissioner
Jill has a group health plan with an employer that covers employees in more
than one state. Which of the following is NOT affected by the state regulatory
jurisdiction established for this plan?
- Eligibility requirements
- Required provisions
- Minimum enrollment percentage
- Continuation of coverage under COBRA - ANSWERContinuation of coverage
under COBRA
Which of the following statements accurately describes the financial impact
of total disability? - ANSWERThe financial impact may be worse than that of
death
In long-term care insurance, what is the length of time for which claims will
be paid? - ANSWERBenefit period
All of these are used to prevent adverse selection in a group dental plan
EXCEPT
- Provide evidence of insurability
- Probationary periods
- Waiting periods
- Decreased employee participation - ANSWERDecreased employee
participation
Group accident and health insurance may be offered by an insurer when the
sponsoring group - ANSWERprovides an employer-employee relationship
