PA Life, Accident, & Health Insurance Bundled Exams Questions and Answers Multiple Versions (2024/2025) (Complete and Accurate)
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Pa Laws and Rules Questions and Answers Already Passed A Producer that willfully violates any provision of Pennsylvania insurance law may be imposed to a max penalty set by the commissioner at 5k per violation Holding premium funds for timely submission to the insurer is example of Acting ...
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Add to cartPa Laws and Rules Questions and Answers Already Passed A Producer that willfully violates any provision of Pennsylvania insurance law may be imposed to a max penalty set by the commissioner at 5k per violation Holding premium funds for timely submission to the insurer is example of Acting ...
Pennsylvania Life Insurance – Provisions Questions and Answers Already Passed Which of these is NOT a typical life insurance nonforfeiture option? Reduced paid-up option Extended term option Cash surrender option Life income settlement option Life Income Settlement Option A life insu...
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Add to cartPennsylvania Life Insurance – Provisions Questions and Answers Already Passed Which of these is NOT a typical life insurance nonforfeiture option? Reduced paid-up option Extended term option Cash surrender option Life income settlement option Life Income Settlement Option A life insu...
Pennsylvania Laws and Regulations Applicable to All Lines of Insurance Questions and Answers 100% Pass Licensing Process: Pre-Licensing Education Requirements Pre-licensing education requirements: - 24 credit hours - 3 of the 24 hours must be in ethics Licensing Process: License Exam an...
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Add to cartPennsylvania Laws and Regulations Applicable to All Lines of Insurance Questions and Answers 100% Pass Licensing Process: Pre-Licensing Education Requirements Pre-licensing education requirements: - 24 credit hours - 3 of the 24 hours must be in ethics Licensing Process: License Exam an...
PA Life and Health Questions and Answers Already Passed Damon purchased a 10-pay life policy at age 35. He can expect it to be paid up by age 45 With respect to life policies, all of the following are subject to federal income tax EXCEPT policy proceeds paid in lump sum Which of the follo...
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Add to cartPA Life and Health Questions and Answers Already Passed Damon purchased a 10-pay life policy at age 35. He can expect it to be paid up by age 45 With respect to life policies, all of the following are subject to federal income tax EXCEPT policy proceeds paid in lump sum Which of the follo...
Insurance Exam Questions and Answers Already Passed An insurer's ability to make unpredictable payouts to policyowners is called Liquidity A type of insurer that is owned by its policyowners is called Mutual Which of these are considered to be events or conditions that increase the chan...
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Add to cartInsurance Exam Questions and Answers Already Passed An insurer's ability to make unpredictable payouts to policyowners is called Liquidity A type of insurer that is owned by its policyowners is called Mutual Which of these are considered to be events or conditions that increase the chan...
Pennsylvania Laws and Rules Chapter 12 Questions and Answers Already Passed What is the purpose of the Pennsylvania Life and Health Insurance Guaranty Association? 1) Assist an applicant choose the best insurer 2) Assist an applicant choose the right amount of coverage 3) Provide each poli...
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Add to cartPennsylvania Laws and Rules Chapter 12 Questions and Answers Already Passed What is the purpose of the Pennsylvania Life and Health Insurance Guaranty Association? 1) Assist an applicant choose the best insurer 2) Assist an applicant choose the right amount of coverage 3) Provide each poli...
PA Laws & Rules Questions and Answers Already Passed In Pennsylvania, accident and health plans are required to provide mammograms for women starting at age 40 What is the purpose of the Pennsylvania Lie and Health Insurance Guaranty Association? Provide policyowner protection if an insurer...
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Add to cartPA Laws & Rules Questions and Answers Already Passed In Pennsylvania, accident and health plans are required to provide mammograms for women starting at age 40 What is the purpose of the Pennsylvania Lie and Health Insurance Guaranty Association? Provide policyowner protection if an insurer...
Life and Health PA Supplement Questions and Answers Rated A+ How long is the prelicensing education requirement? 24 hours How old do you have to be to obtain a producer's license? 18 years old How long does a temporary license last? 180 days How long is a producer's license term? 2 ye...
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Add to cartLife and Health PA Supplement Questions and Answers Rated A+ How long is the prelicensing education requirement? 24 hours How old do you have to be to obtain a producer's license? 18 years old How long does a temporary license last? 180 days How long is a producer's license term? 2 ye...
PA Insurance License Prep Questions and Answers Already Passed Every PA insurer, upon receiving notification of a claim, must acknowledge receipt of the notice within: a. 10 days b. 15 days c. 30 days d. 45 days a. 10 days The Free Look period in PA for individual health insurance polici...
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Add to cartPA Insurance License Prep Questions and Answers Already Passed Every PA insurer, upon receiving notification of a claim, must acknowledge receipt of the notice within: a. 10 days b. 15 days c. 30 days d. 45 days a. 10 days The Free Look period in PA for individual health insurance polici...
PA LIFE INSURANCE LATEST VERSION GRADED A+ Insurance created as a practical means to reduce the financial impact of an unexpected loss. life insurance transfers to a life insurance company the risk of financial loss resulting from the death of an insured person. The life insurance company ...
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Add to cartPA LIFE INSURANCE LATEST VERSION GRADED A+ Insurance created as a practical means to reduce the financial impact of an unexpected loss. life insurance transfers to a life insurance company the risk of financial loss resulting from the death of an insured person. The life insurance company ...
PA Life Insurance Latest 2024 Graded A+ Insurance Policy A contract between an insured and an insurance company which agrees to pay the insured for loss caused by specific events Insurer (Principal) The company who issues a policy of insurance Insured The person covered by the policy of in...
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Add to cartPA Life Insurance Latest 2024 Graded A+ Insurance Policy A contract between an insured and an insurance company which agrees to pay the insured for loss caused by specific events Insurer (Principal) The company who issues a policy of insurance Insured The person covered by the policy of in...
PA Life Insurance Exam – Latest 2024 Graded A+ Risk Uncertainty or chance of loss. When you buy or purchase insurance, you transfer the risk of Financial Liability to the Insurer (Risk Transferred). Self Insured You are considered to be Self-Insured if you do not purchase insurance. R...
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Add to cartPA Life Insurance Exam – Latest 2024 Graded A+ Risk Uncertainty or chance of loss. When you buy or purchase insurance, you transfer the risk of Financial Liability to the Insurer (Risk Transferred). Self Insured You are considered to be Self-Insured if you do not purchase insurance. R...
Xcel Solutions Pennsylvania Insurance Test Questions and Answers Already Passed A nonparticipating company is sometimes called a Stock Insurer The Do Not Call Registry offers exemptions for calls placed from all the following EXCEPT Insurance Sales Calls Ken is a producer who has obtai...
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Add to cartXcel Solutions Pennsylvania Insurance Test Questions and Answers Already Passed A nonparticipating company is sometimes called a Stock Insurer The Do Not Call Registry offers exemptions for calls placed from all the following EXCEPT Insurance Sales Calls Ken is a producer who has obtai...
Pennsylvania Life Only Questions and Answers Graded A+ Which of the following is a requirement for any change in an insurance application? Change must be initialed by the applicant. Agreements made by terminally ill persons to sell their life insurance policies at a discount in order to p...
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Add to cartPennsylvania Life Only Questions and Answers Graded A+ Which of the following is a requirement for any change in an insurance application? Change must be initialed by the applicant. Agreements made by terminally ill persons to sell their life insurance policies at a discount in order to p...
PA Life practice exam from PSI (1) Latest Update with Verified Solutions Obtaining consumer information reports under false pretenses is prosecutable by which of the following? 1. USA Patriot Act 2. Fair Credit Reporting Act 3. State laws where the applicant resides 4. Securities an...
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Add to cartPA Life practice exam from PSI (1) Latest Update with Verified Solutions Obtaining consumer information reports under false pretenses is prosecutable by which of the following? 1. USA Patriot Act 2. Fair Credit Reporting Act 3. State laws where the applicant resides 4. Securities an...
PA Accident and Health Insurance Questions and Answers Graded A+ Why are dividends from a mutual insurer not subject to taxation? because dividends are considered to be a return of premium what kind of life insurance policy issued by a mutual insurer provides a return of divisible surplus? ...
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Add to cartPA Accident and Health Insurance Questions and Answers Graded A+ Why are dividends from a mutual insurer not subject to taxation? because dividends are considered to be a return of premium what kind of life insurance policy issued by a mutual insurer provides a return of divisible surplus? ...
PA Insurance Exam Practice Questions with Complete Solutions Jonas is a whole life insurance policyowner and would like to add coverage for his two children. Which of the following products would allow him to accomplish this? Child Term Rider A limited payment whole life policy provides Li...
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Add to cartPA Insurance Exam Practice Questions with Complete Solutions Jonas is a whole life insurance policyowner and would like to add coverage for his two children. Which of the following products would allow him to accomplish this? Child Term Rider A limited payment whole life policy provides Li...
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PA Life Insurance Exam Questions and Answers Already Passed Single premium cash value policy can be described as.. a policy that is paid up only after one payment All of the following are considered appropriate uses of life insurance.. - attracting quality employees by offering a group li...
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Add to cartPA Life Insurance Exam Questions and Answers Already Passed Single premium cash value policy can be described as.. a policy that is paid up only after one payment All of the following are considered appropriate uses of life insurance.. - attracting quality employees by offering a group li...
Pennsylvania Life Only Final Exam Questions and Answers Already Passed Which contract element is insurable interest a component of? Legal purpose When calculating the amount of life insurance needed for an income earner, what has to be determined when using the Needs Approach? The family's ...
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Add to cartPennsylvania Life Only Final Exam Questions and Answers Already Passed Which contract element is insurable interest a component of? Legal purpose When calculating the amount of life insurance needed for an income earner, what has to be determined when using the Needs Approach? The family's ...
PA Health, Life and Accident insurance exam part 2 Latest Update Graded A+ Which of the following is considered to be an alternative to a life settlement? Accelerated death benefit rider The document that describes policy features, benefits, exclusions, and riders in Long-Term Care policy i...
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Add to cartPA Health, Life and Accident insurance exam part 2 Latest Update Graded A+ Which of the following is considered to be an alternative to a life settlement? Accelerated death benefit rider The document that describes policy features, benefits, exclusions, and riders in Long-Term Care policy i...
PA life, accident, and health practice questions with complete solutions Premium payments for a universal life policy are NOT used for: Separate account investments Under PA statute, first year commission for long-term care insurance may not be greater than 50% of the first year premium ...
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Add to cartPA life, accident, and health practice questions with complete solutions Premium payments for a universal life policy are NOT used for: Separate account investments Under PA statute, first year commission for long-term care insurance may not be greater than 50% of the first year premium ...
PA Life, Health and Accident Final Exam Questions with Verified Solutions Which of these factors is NOT taken into consideration when determining the cost of a long-term care policy? Personal Income What is the nonforfeiture value of an annuity before annuitization? All premiums paid, plus ...
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Add to cartPA Life, Health and Accident Final Exam Questions with Verified Solutions Which of these factors is NOT taken into consideration when determining the cost of a long-term care policy? Personal Income What is the nonforfeiture value of an annuity before annuitization? All premiums paid, plus ...
Pennsylvania State Health and Life Insurance Exam Questions and Answers Rated A+ Which of the following must be present in all medicare supplement plans? Plan A What was created to keep telemarketers from calling consumers who do not wish to be contacted? National Do not call registry ...
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Add to cartPennsylvania State Health and Life Insurance Exam Questions and Answers Rated A+ Which of the following must be present in all medicare supplement plans? Plan A What was created to keep telemarketers from calling consumers who do not wish to be contacted? National Do not call registry ...
PA Life, Accident, & Health Insurance Exam Questions and Answers Already Passed Insurance defined as the transfer of PURE risk to the insurance company in consideration for a premium. The chance of loss without any chance of gain is called pure risk Speculative risk has the possibility...
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Add to cartPA Life, Accident, & Health Insurance Exam Questions and Answers Already Passed Insurance defined as the transfer of PURE risk to the insurance company in consideration for a premium. The chance of loss without any chance of gain is called pure risk Speculative risk has the possibility...
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