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PA Life and Health Exam (2024 / 2025) Actual Questions with Verified Answers, 100% Guarantee Pass
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PA Life and Health Exam (2024 / 2025) Actual Questions with Verified Answers, 100% Guarantee Pass
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PA Life and Health Questions.pdf file:///C:/Users/HP/Desktop/NIW/PA%20Life%20and%20Health%20QPA Life and Health Questions & Answers
1. Damon purchased a 10-pay life policy at age 35. He can expect it to be paid up by age
ANS 45
2. With respect to life policies, all of the following are subject to federal income tax EXCEPT
ANS policy proceeds paid in lump sum
3. Which of the following types of health insurers provide the majority of their benefits on
a service basis, meaning the insurer pays the health services provider directly rather
than reimbursing the subscriber?
ANS
4. In order to obtain group health insurance without providing evidence of insurability,
what do eligible individuals generally have to do?
ANS Enroll within a specified eligibility period
5. An admitted insurer must have which of the following before transacting insurance
in the state?
ANS certificate of authority
6. The advantage of enrolling in a group health insurance program during the eligibility
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,PA Life and Health Questions.pdf file:///C:/Users/HP/Desktop/NIW/PA%20Life%20and%20Health%20Q
period is that
ANS no medical exam is required
7. Which health insurance policy provision allows the insurer to pay accrued indemnities
that remain unpaid at the insured's death to either a beneficiary or to the insured's
estate?
ANS payment of claims
8. The purpose of the Guaranty Association is to
ANS protect policyholders against the insurers inability to pay claims
9. What is a life insurance policy dividend?
ANS Interest paid to the policyowner on the cash value accumulation of a permanent insurance
policy
10. Premiums fully paid by an employer for employee group health insurance are
generally
ANS tax-deductible to the employer
11. What type of annuity settlement arrangement stops making payments when the
annuitant dies?
ANS pure life annuity
12. Which of the following statements about life policy loans is NOT correct?-
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