Virginia Life and Health Insurance Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Accurate)
[Show more]
Virginia Principles of Life/Health Insurance Latest 2024 Rated A+ Ordinary Whole Life requires level premium payments Limited Pay The type of whole life insurance that requires payments for a certain or limited period Universal Life Insurance Policies allow premium payments to be skipped ...
Preview 2 out of 9 pages
Add to cartVirginia Principles of Life/Health Insurance Latest 2024 Rated A+ Ordinary Whole Life requires level premium payments Limited Pay The type of whole life insurance that requires payments for a certain or limited period Universal Life Insurance Policies allow premium payments to be skipped ...
Virginia Life Insurance Exam Questions and Answers Already Passed All of the following entities regulate variable life policies EXCEPT a)The Insurance Department. b)The Guaranty Association. c)Federal government. d)The SEC. b)The Guaranty Association. Which of the following is T...
Preview 4 out of 49 pages
Add to cartVirginia Life Insurance Exam Questions and Answers Already Passed All of the following entities regulate variable life policies EXCEPT a)The Insurance Department. b)The Guaranty Association. c)Federal government. d)The SEC. b)The Guaranty Association. Which of the following is T...
Virginia Life Insurance and Annuities Questions and Answers Rated A+ Methods of Handling Risk (STARR) 1. Sharing (each member of group pays portion of loss) 2. Transfer (spreading risk among customers) 3. Avoidance (not engaging in certain activity) 4. Reduction (lessening chance) 5. Retenti...
Preview 3 out of 27 pages
Add to cartVirginia Life Insurance and Annuities Questions and Answers Rated A+ Methods of Handling Risk (STARR) 1. Sharing (each member of group pays portion of loss) 2. Transfer (spreading risk among customers) 3. Avoidance (not engaging in certain activity) 4. Reduction (lessening chance) 5. Retenti...
VA Life Insurance, Health Insurance, and Annuities Exam Rated A+ A & H accident and health absolute assignment assignment by the policy owner of all control and rights to a third party Accidental Death Insurance A form of health insurance that provides payment, if death of the insured r...
Preview 4 out of 59 pages
Add to cartVA Life Insurance, Health Insurance, and Annuities Exam Rated A+ A & H accident and health absolute assignment assignment by the policy owner of all control and rights to a third party Accidental Death Insurance A form of health insurance that provides payment, if death of the insured r...
Virginia Life, Annuity, and Health Part One Latest Version Already Passed Loss decline in value of a person or thing Risk uncertainty regarding the occurrence of a loss Pure risk possibility of loss or no loss (INSURABLE) Speculative risk possibility of loss, but also chance for profit ...
Preview 2 out of 10 pages
Add to cartVirginia Life, Annuity, and Health Part One Latest Version Already Passed Loss decline in value of a person or thing Risk uncertainty regarding the occurrence of a loss Pure risk possibility of loss or no loss (INSURABLE) Speculative risk possibility of loss, but also chance for profit ...
Virginia Life and Health Practice Final Exam with Complete Solutions Under which circumstance may an insurer discontinue a small employer group medical plan? Employer fails to pay the premium prior to the end of the grace period An insured is covered with a health insurance policy. If the in...
Preview 3 out of 25 pages
Add to cartVirginia Life and Health Practice Final Exam with Complete Solutions Under which circumstance may an insurer discontinue a small employer group medical plan? Employer fails to pay the premium prior to the end of the grace period An insured is covered with a health insurance policy. If the in...
Virginia Health Insurance Test Latest Update Graded A+ Absolute An assignment that occurs when the policy owner assigns all rights including cash values to another person or entity. Synonymous with voluntary assignment. Absolute Value A medical expense plan that pays a fixed maximum dollar...
Preview 3 out of 25 pages
Add to cartVirginia Health Insurance Test Latest Update Graded A+ Absolute An assignment that occurs when the policy owner assigns all rights including cash values to another person or entity. Synonymous with voluntary assignment. Absolute Value A medical expense plan that pays a fixed maximum dollar...
VA Health and Life Insurance Questions and Answers Already Passed Why would a large corporation choose to self-insure rather than buy an insurance policy from an insurance company? a) to avoid having to comply with individual state laws b) to cover against an occasional but high-severity ...
Preview 4 out of 43 pages
Add to cartVA Health and Life Insurance Questions and Answers Already Passed Why would a large corporation choose to self-insure rather than buy an insurance policy from an insurance company? a) to avoid having to comply with individual state laws b) to cover against an occasional but high-severity ...
1x sold
Virginia life and Health Final Exam Questions and Answers 100% Pass Insurable inter in one's own life is legally considered as Generally unlimited Where dose the primary funding for medical part A come from? Federal payroll and self employment taxes What would be a valid reason for namin...
Preview 4 out of 42 pages
Add to cartVirginia life and Health Final Exam Questions and Answers 100% Pass Insurable inter in one's own life is legally considered as Generally unlimited Where dose the primary funding for medical part A come from? Federal payroll and self employment taxes What would be a valid reason for namin...
Virginia Life and Health Exam Review Questions and Answers 100% Pass What contract term means only one party to a contract's promises are legally enforceable? Unilateral Mr. Jones, the insured, committed suicide after the expiration of the suicide clause in his life insurance policy. The i...
Preview 3 out of 27 pages
Add to cartVirginia Life and Health Exam Review Questions and Answers 100% Pass What contract term means only one party to a contract's promises are legally enforceable? Unilateral Mr. Jones, the insured, committed suicide after the expiration of the suicide clause in his life insurance policy. The i...
1x sold
VA State Life Insurance and Annuities Questions and Answers Already Passed Which of these arrangements allows one to bypass insurable interest laws? investor originated life insurance Which of these is an element of a Variable Life policy? a fixed, level premium What does the insuring agr...
Preview 2 out of 9 pages
Add to cartVA State Life Insurance and Annuities Questions and Answers Already Passed Which of these arrangements allows one to bypass insurable interest laws? investor originated life insurance Which of these is an element of a Variable Life policy? a fixed, level premium What does the insuring agr...
VA Health Insurance – 8 Questions and Answers 100% Pass Which of the following is a requirement to be eligible for a group life policy in Virginia? A. Group must be formed for a purpose other than obtaining insurance B. Group must designate one of its members to be the named insured ...
Preview 2 out of 10 pages
Add to cartVA Health Insurance – 8 Questions and Answers 100% Pass Which of the following is a requirement to be eligible for a group life policy in Virginia? A. Group must be formed for a purpose other than obtaining insurance B. Group must designate one of its members to be the named insured ...
VA Health Life and Annuities Latest Version Graded A+ Long-Term Care refers to the broad range of medical and personal services for individuals (often the elderly) who need assistance with daily activities for an extended period of time for chronic illnesses like arthritis, rheumatism, and s...
Preview 4 out of 37 pages
Add to cartVA Health Life and Annuities Latest Version Graded A+ Long-Term Care refers to the broad range of medical and personal services for individuals (often the elderly) who need assistance with daily activities for an extended period of time for chronic illnesses like arthritis, rheumatism, and s...
Virginia Laws and Rules Questions and Answers Already Passed A policy loan provision is not required in which of the following types of policies? Term Life An insurance licensee is required to provide records of insurance transactions to the State Corporation Commission: Promptly upon req...
Preview 2 out of 9 pages
Add to cartVirginia Laws and Rules Questions and Answers Already Passed A policy loan provision is not required in which of the following types of policies? Term Life An insurance licensee is required to provide records of insurance transactions to the State Corporation Commission: Promptly upon req...
Virginia Personal Lines Exam (Virginia Insurance Laws & Regulations) Latest 2024 Graded A+ Hierarchy State Corporation Commission. Bureau of Insurance. Commissioner. Examination by the Commission The commission must examine every insurer licensed in Virginia at least once every 5 years....
Preview 2 out of 7 pages
Add to cartVirginia Personal Lines Exam (Virginia Insurance Laws & Regulations) Latest 2024 Graded A+ Hierarchy State Corporation Commission. Bureau of Insurance. Commissioner. Examination by the Commission The commission must examine every insurer licensed in Virginia at least once every 5 years....
Virginia Laws and Rules Chapter Exam Questions and Answers Already Passed Question 1Select the appropriate response Under the Health Insurance Portability and Accountability Act (HIPAA), all of the following qualify as creditable coverage EXCEPT accident only individual major medical Me...
Preview 3 out of 23 pages
Add to cartVirginia Laws and Rules Chapter Exam Questions and Answers Already Passed Question 1Select the appropriate response Under the Health Insurance Portability and Accountability Act (HIPAA), all of the following qualify as creditable coverage EXCEPT accident only individual major medical Me...
Life and Health Insurance Final Test Questions and Answers Graded A+ A producer working for an insurance company may be personally liable for acts performed which are prohibited in the agency contract A health insurer MUST provide a proof of loss form within 15 days of receipt of the notice ...
Preview 4 out of 104 pages
Add to cartLife and Health Insurance Final Test Questions and Answers Graded A+ A producer working for an insurance company may be personally liable for acts performed which are prohibited in the agency contract A health insurer MUST provide a proof of loss form within 15 days of receipt of the notice ...
VA State Health and Insurance Exam CH 10 with Complete Solutions What governing body issues rules and regulations for the administration of the Insurance Code? A) The State Corporation Commission B) The Virginia Department of Insurance C) The Life and Health Guarantee Association D) The Jo...
Preview 3 out of 29 pages
Add to cartVA State Health and Insurance Exam CH 10 with Complete Solutions What governing body issues rules and regulations for the administration of the Insurance Code? A) The State Corporation Commission B) The Virginia Department of Insurance C) The Life and Health Guarantee Association D) The Jo...
Virginia Life: Insurance Regulations (A- C) Latest Update Graded A+ Authorized Insurer Insurer who has received a Certificate of Authority from the department of insurance to transact insurance in this state Cease and Desist To stop or discontinue Coercion Forceful act or threat aimed to ...
Preview 2 out of 8 pages
Add to cartVirginia Life: Insurance Regulations (A- C) Latest Update Graded A+ Authorized Insurer Insurer who has received a Certificate of Authority from the department of insurance to transact insurance in this state Cease and Desist To stop or discontinue Coercion Forceful act or threat aimed to ...
Virginia Laws and Rules Pertinent to Insurance Questions and Answers Already Passed All of the following are examples of insurance advertisement EXCEPT A) A direct mail brochure announcing specific Accident and Health insurance plans B) A newspaper notice announcing free insurance advic...
Preview 3 out of 24 pages
Add to cartVirginia Laws and Rules Pertinent to Insurance Questions and Answers Already Passed All of the following are examples of insurance advertisement EXCEPT A) A direct mail brochure announcing specific Accident and Health insurance plans B) A newspaper notice announcing free insurance advic...
Virginia Laws and Rules - Health Insurance Questions and Answers 100% Pass Misrepresentation on the application is Material Misrepresenting a policy for the purpose of inducing a policyholder to change or replace an existing policy is known as Twisting An agent's license may be renewe...
Preview 3 out of 19 pages
Add to cartVirginia Laws and Rules - Health Insurance Questions and Answers 100% Pass Misrepresentation on the application is Material Misrepresenting a policy for the purpose of inducing a policyholder to change or replace an existing policy is known as Twisting An agent's license may be renewe...
VA Health Final Exam Questions and Answers Already Passed when replacing an individual accident and health policy in Virginia the required replacement notice to the applicant must include notice that pre-existing conditions may not be covered a policy owner is permitted to take out a polic...
Preview 2 out of 10 pages
Add to cartVA Health Final Exam Questions and Answers Already Passed when replacing an individual accident and health policy in Virginia the required replacement notice to the applicant must include notice that pre-existing conditions may not be covered a policy owner is permitted to take out a polic...
Virginia Laws and Rules - Life Insurance Exam Questions and Answers Already Passed An agent does NOT need to notify the Bureau of Insurance of a? a) change of address; b) name change; c) change in financial status; or d) felony conviction change in financial status Which of these is NOT c...
Preview 2 out of 12 pages
Add to cartVirginia Laws and Rules - Life Insurance Exam Questions and Answers Already Passed An agent does NOT need to notify the Bureau of Insurance of a? a) change of address; b) name change; c) change in financial status; or d) felony conviction change in financial status Which of these is NOT c...
VA State Health and Life Insurance Exam CH12 Already Passed Who owns an employer group health policy? A) The employer only B) The agent C) The employees D) Both the employer and the employees A) The employer only It is common for an employer to obtain group health insurance for the bene...
Preview 3 out of 20 pages
Add to cartVA State Health and Life Insurance Exam CH12 Already Passed Who owns an employer group health policy? A) The employer only B) The agent C) The employees D) Both the employer and the employees A) The employer only It is common for an employer to obtain group health insurance for the bene...
VA Life Insurance Practice Exam (90 Xcel) Questions and Answers 100% Pass P is a producer who notices 5 questions on a life application were not answered. What actions should P take? Set up a meeting with the applicant to answer the remaining questions K buys a policy where the premium stays...
Preview 2 out of 15 pages
Add to cartVA Life Insurance Practice Exam (90 Xcel) Questions and Answers 100% Pass P is a producer who notices 5 questions on a life application were not answered. What actions should P take? Set up a meeting with the applicant to answer the remaining questions K buys a policy where the premium stays...
Virginia Insurance License Exam Questions and Answers Already Passed What is the maximum amount of continuing education hours for an agent who been licensed for less than 20 years in Virginia? 16 hours to include three hours of law or ethics Any agent broker or counselor is required to notif...
Preview 2 out of 7 pages
Add to cartVirginia Insurance License Exam Questions and Answers Already Passed What is the maximum amount of continuing education hours for an agent who been licensed for less than 20 years in Virginia? 16 hours to include three hours of law or ethics Any agent broker or counselor is required to notif...
VA State Life, Annuities, And Health Exam, 2nd Part Only 100% Pass The Commission may examine every insurer authorized to transact business in Virginia as often as deemed necessary, but at least once every... ... 5 years. Notice of a hearing for a cease and desist order must include the time...
Preview 2 out of 12 pages
Add to cartVA State Life, Annuities, And Health Exam, 2nd Part Only 100% Pass The Commission may examine every insurer authorized to transact business in Virginia as often as deemed necessary, but at least once every... ... 5 years. Notice of a hearing for a cease and desist order must include the time...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Stuvia is a marketplace, so you are not buying this document from us, but from seller StellarScores. Stuvia facilitates payment to the seller.
No, you only buy these notes for $35.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
81531 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now
