MARYLAND STATE EXAM LIFE
INSURANCE LICENSE PRACTICE
EXAM ALL QUESTIONS AND
VERIFIED ANSWERS |2026-2027 | NEW
AND REVISED
Declarations - ANSWER- In what part of an insurance policy or policy
benefits found?
Twisting - ANSWER- The act of using misrepresentation to induce an
insured person to terminate an existing policy and purchase a new policy
is referred to as
Shirley has $500,000 10-year-old son nonrenewable level term life
policy. If she dies 15 years after the policy inception date, how will her
beneficiary receive? - ANSWER- Nothing
Which of these factors would and ensure consider when determining
whether to except a group life plan - ANSWER- Average age
Which type of life insurance is normally associated with a paler benefit
rider - ANSWER- Juvenile insurance
, Which of the following is not considered advertising? - ANSWER- Oh
rating from A rating service company such as a.m. best
During the accumulation. Who can surrender an annuity - ANSWER-
Policy owner
Fixed period Settlement options are considered to be a form of a -
ANSWER- Annuity
Which of the following is not information found in a life insurance
buyers guide - ANSWER- How to take legal action against a insurance
company
All of the following characteristics of a group life insurance plan except
- ANSWER- Individual underwriting
A securities license is required for a life insurance producer to sell -
ANSWER- Variable life insurance
Which of the following is present when an applicant stands to lose value
if the insured dies - ANSWER- Insurable interest
What may be the result of replacing an existing life insurance policy
with a new one - ANSWER- Surrender charge
INSURANCE LICENSE PRACTICE
EXAM ALL QUESTIONS AND
VERIFIED ANSWERS |2026-2027 | NEW
AND REVISED
Declarations - ANSWER- In what part of an insurance policy or policy
benefits found?
Twisting - ANSWER- The act of using misrepresentation to induce an
insured person to terminate an existing policy and purchase a new policy
is referred to as
Shirley has $500,000 10-year-old son nonrenewable level term life
policy. If she dies 15 years after the policy inception date, how will her
beneficiary receive? - ANSWER- Nothing
Which of these factors would and ensure consider when determining
whether to except a group life plan - ANSWER- Average age
Which type of life insurance is normally associated with a paler benefit
rider - ANSWER- Juvenile insurance
, Which of the following is not considered advertising? - ANSWER- Oh
rating from A rating service company such as a.m. best
During the accumulation. Who can surrender an annuity - ANSWER-
Policy owner
Fixed period Settlement options are considered to be a form of a -
ANSWER- Annuity
Which of the following is not information found in a life insurance
buyers guide - ANSWER- How to take legal action against a insurance
company
All of the following characteristics of a group life insurance plan except
- ANSWER- Individual underwriting
A securities license is required for a life insurance producer to sell -
ANSWER- Variable life insurance
Which of the following is present when an applicant stands to lose value
if the insured dies - ANSWER- Insurable interest
What may be the result of replacing an existing life insurance policy
with a new one - ANSWER- Surrender charge
