South Carolina Insurance Exam Questions 2025
COMPLETE EXAM QUESTIONS AND VERIFIED
ANSWERS |RECENTLY TESTING REAL EXAM
QUESTIONS| 100% SOLVED!!
An insurer is REQUIRED to offer which of the following to each long-term care
applicant at the time of purchase? - (ANSWER)Inflation protection
Which of these riders will pay a death benefit if the insured's spouse dies? -
(ANSWER)Family term insurance rider
Disability income plans which require that the insurer can NEVER change or alter
premium rates are usually considered - (ANSWER)Nonconcellable
What is the required action to be taken by a South Carolina licensee before
operating under an assumed business name? - (ANSWER)Notify the Director
The suicide clause of a life insurance policy states that if an insured commits
suicide within a stated period from the policy's inception, the insurer will only be
liable for a return of premiums paid - (ANSWER)minus indebtedness and without
interest
If an annuitant dies before the annuity start date - (ANSWER)the premiums paid
plus interest will be given to the beneficiary
, The purpose of the Coordination of Benefits provision in group accident and
health plans is to - (ANSWER)avoid overpayment of claims
The typical long-term care insurance policy is designed to provide a minimum
of___year(s) of coverage - (ANSWER)1
Decreasing term life insurance is often used to - (ANSWER)provide coverage for a
home mortgage
Which type of life insurance policy pays the face amount at the end of the
specified period if the insured is still alive? - (ANSWER)Endowment policy
A life insurance policy normally contains a provision that restricts coverage in the
event of death under all of the following situations EXCEPT - (ANSWER)fare-
paying passenger
All _____ policies must be guaranteed renewable. - (ANSWER)long-term care
What type of injury would NOT be covered under a health insurance policy? -
(ANSWER)Work related
All of these are common exclusions to a life insurance policy EXCEPT -
(ANSWER)accidental health
COMPLETE EXAM QUESTIONS AND VERIFIED
ANSWERS |RECENTLY TESTING REAL EXAM
QUESTIONS| 100% SOLVED!!
An insurer is REQUIRED to offer which of the following to each long-term care
applicant at the time of purchase? - (ANSWER)Inflation protection
Which of these riders will pay a death benefit if the insured's spouse dies? -
(ANSWER)Family term insurance rider
Disability income plans which require that the insurer can NEVER change or alter
premium rates are usually considered - (ANSWER)Nonconcellable
What is the required action to be taken by a South Carolina licensee before
operating under an assumed business name? - (ANSWER)Notify the Director
The suicide clause of a life insurance policy states that if an insured commits
suicide within a stated period from the policy's inception, the insurer will only be
liable for a return of premiums paid - (ANSWER)minus indebtedness and without
interest
If an annuitant dies before the annuity start date - (ANSWER)the premiums paid
plus interest will be given to the beneficiary
, The purpose of the Coordination of Benefits provision in group accident and
health plans is to - (ANSWER)avoid overpayment of claims
The typical long-term care insurance policy is designed to provide a minimum
of___year(s) of coverage - (ANSWER)1
Decreasing term life insurance is often used to - (ANSWER)provide coverage for a
home mortgage
Which type of life insurance policy pays the face amount at the end of the
specified period if the insured is still alive? - (ANSWER)Endowment policy
A life insurance policy normally contains a provision that restricts coverage in the
event of death under all of the following situations EXCEPT - (ANSWER)fare-
paying passenger
All _____ policies must be guaranteed renewable. - (ANSWER)long-term care
What type of injury would NOT be covered under a health insurance policy? -
(ANSWER)Work related
All of these are common exclusions to a life insurance policy EXCEPT -
(ANSWER)accidental health
