CONNECTICUT LIFE AND HEALTH INSURANCE PRACTICE
EXAM 2025/2026 QUESTIONS WITH SOLUTIONS GRADED
A+
✔✔An insured has $25,000 whole life insurance policy with $6000 cash value available.
Under the extended term nonforfeiture option, what is the amount of insurance available
to the insured? - ✔✔$25,000 - the extended term option uses the policy's cash value to
purchase a level term insurance policy in an amount equal to the original policy's face
value, for as long a period as the cash value will purchase.
✔✔A life settlement ______ negotiates a life settlement between a policyowner and a
life settlement provider. - ✔✔Broker
✔✔self-maintenance expenses do not influence an individual's need for life insurance,
true or false? - ✔✔True
✔✔Before soliciting insurance applications for an insurer, a producer must secure a(n) -
✔✔Appointment - a producer must secure an appointment with an insured before
soliciting insurance applications for that insurer
✔✔Which of the following best describes a "partial disability"?
Becoming deaf in one ear
Unable to perform all job duties due to a short-term disability
Unable to perform one ore more job duties
When a disability recurs from a previous illness accident - ✔✔Unable to perform one or
more job duties - partial disability is normally defined as the inability to perform one
more duties of a job
✔✔A producer recently replaced an existing Medicare supplement policy with a new
policy. The producers compensation for the new policy ____ exceed the renewal
commission of the original policy. - ✔✔CANNOT - compensation for a new Medicare
supplement policy that replaces an existing policy cannot exceed the renewal
commission of the original policy
✔✔If an individual would like to enroll in Medicare or seek public information about
Medicare, which federal agency handles this? - ✔✔Social Security Administration
✔✔What type of risk involves the potential for loss with no possibility for gain? - ✔✔pure
risk
✔✔Which of the following actions may result in a producer's license being suspended
by the commissioner?
Soliciting insurance under a temporary license
, Rebating part of a commission to the applicant
Soliciting insurance on behalf of a foreign insurer
Splitting the commission with another licensed producer - ✔✔Rebating a portion of the
commission to the insured may result in the commissioner suspending a producers
license
✔✔Which of these is not an underwriting responsibility of a life insurance agent?
Asking relevant questions concerning an applicants avocations
Requesting an attending physicians report
Ordering an inspection report
Determining the final rate classification - ✔✔Determining the final rate classification
✔✔Which entity is responsible for regulating claims settlement practices of insurers? -
✔✔State insurance departments - claims settlement practices of insurers are regulated
by state insurance departments
✔✔The coordination of benefits provision is added to a group health plan in order to -
✔✔Avoid overinsurance - the coordination of benefits provision establishes an order on
which plans pay their claims, and allows secondary plans to reduce their benefits so
that the combined benefits of all plans do not exceed total allowable expenses
(overinsurance)
✔✔Which of these is a type of private insurance that covers the cost-sharing amounts
under Medicare?
Major medical insurance
Medicaid
Disability income
Medicare supplement - ✔✔Medicare supplement policy - helps pay for the out-of-pocket
expenses involved under a Medicare claim
✔✔A disabled business owner who has payroll and business expenses paid for has
what kind of insurance policy? - ✔✔Business Overhead Expense
✔✔How may an insurance company classify an accidental death benefit on a life
policy? - ✔✔As an optional policy rider - the accidental death benefit provided by a life
insurance policy may be classified as an optional policy rider
✔✔Which of these is not an advantage of term life insurance?
- The greatest amount of coverage can be provided for the initial premium paid
- It can be provided as a rider to another policy
- A cash benefit will be provided if the insured is alive at the end of the policy period
EXAM 2025/2026 QUESTIONS WITH SOLUTIONS GRADED
A+
✔✔An insured has $25,000 whole life insurance policy with $6000 cash value available.
Under the extended term nonforfeiture option, what is the amount of insurance available
to the insured? - ✔✔$25,000 - the extended term option uses the policy's cash value to
purchase a level term insurance policy in an amount equal to the original policy's face
value, for as long a period as the cash value will purchase.
✔✔A life settlement ______ negotiates a life settlement between a policyowner and a
life settlement provider. - ✔✔Broker
✔✔self-maintenance expenses do not influence an individual's need for life insurance,
true or false? - ✔✔True
✔✔Before soliciting insurance applications for an insurer, a producer must secure a(n) -
✔✔Appointment - a producer must secure an appointment with an insured before
soliciting insurance applications for that insurer
✔✔Which of the following best describes a "partial disability"?
Becoming deaf in one ear
Unable to perform all job duties due to a short-term disability
Unable to perform one ore more job duties
When a disability recurs from a previous illness accident - ✔✔Unable to perform one or
more job duties - partial disability is normally defined as the inability to perform one
more duties of a job
✔✔A producer recently replaced an existing Medicare supplement policy with a new
policy. The producers compensation for the new policy ____ exceed the renewal
commission of the original policy. - ✔✔CANNOT - compensation for a new Medicare
supplement policy that replaces an existing policy cannot exceed the renewal
commission of the original policy
✔✔If an individual would like to enroll in Medicare or seek public information about
Medicare, which federal agency handles this? - ✔✔Social Security Administration
✔✔What type of risk involves the potential for loss with no possibility for gain? - ✔✔pure
risk
✔✔Which of the following actions may result in a producer's license being suspended
by the commissioner?
Soliciting insurance under a temporary license
, Rebating part of a commission to the applicant
Soliciting insurance on behalf of a foreign insurer
Splitting the commission with another licensed producer - ✔✔Rebating a portion of the
commission to the insured may result in the commissioner suspending a producers
license
✔✔Which of these is not an underwriting responsibility of a life insurance agent?
Asking relevant questions concerning an applicants avocations
Requesting an attending physicians report
Ordering an inspection report
Determining the final rate classification - ✔✔Determining the final rate classification
✔✔Which entity is responsible for regulating claims settlement practices of insurers? -
✔✔State insurance departments - claims settlement practices of insurers are regulated
by state insurance departments
✔✔The coordination of benefits provision is added to a group health plan in order to -
✔✔Avoid overinsurance - the coordination of benefits provision establishes an order on
which plans pay their claims, and allows secondary plans to reduce their benefits so
that the combined benefits of all plans do not exceed total allowable expenses
(overinsurance)
✔✔Which of these is a type of private insurance that covers the cost-sharing amounts
under Medicare?
Major medical insurance
Medicaid
Disability income
Medicare supplement - ✔✔Medicare supplement policy - helps pay for the out-of-pocket
expenses involved under a Medicare claim
✔✔A disabled business owner who has payroll and business expenses paid for has
what kind of insurance policy? - ✔✔Business Overhead Expense
✔✔How may an insurance company classify an accidental death benefit on a life
policy? - ✔✔As an optional policy rider - the accidental death benefit provided by a life
insurance policy may be classified as an optional policy rider
✔✔Which of these is not an advantage of term life insurance?
- The greatest amount of coverage can be provided for the initial premium paid
- It can be provided as a rider to another policy
- A cash benefit will be provided if the insured is alive at the end of the policy period
