PA LIFE HEALTH AND ACCIDENT
COMPREHENSIVE EXAM 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
◉ Licensees must make a report of any action taken against them in
another jurisdiction or by another governmental agency in PA within
how many days of the final disposition of the matter?
1) 10
2) 30
3) 60
4) 90. Answer: 30
◉ Which of the following is INCORRECT concerning Medicaid?
1) it is solely a federally administered program
2) it provides medical assistance to low-income people who cannot
otherwise provide for themselves
3) it pays for hospital care, outpatient care, and laboratory and X-ray
services
4) the federal government provides about 56 cents for every Medicaid
dollar spent. Answer: it is solely a federally administered program
, ◉ Which of the following is a short-term annuity that limits the amounts
paid to a certain fixed period or until a certain fixed amount is
liquidated?
a) Annuity certain
b) Fixed annuity
c) Refund life
d) Variable annuity. Answer: Annuity certain
◉ A person applying for a manager or exclusive general agent license
must meet all of the following criteria EXCEPT
a) Be found sufficiently fit, competent and reliable by the Department of
Insurance.
b) Have paid all applicable fees.
c) Be responsible for at least 25% of total commissions collected by the
office that he or she manages.
d) Have an authority to act on the insurer's behalf.. Answer: Have paid
all applicable fees.
◉ Which of the following would be considered an unfair claims
settlement practice?
COMPREHENSIVE EXAM 2026 QUESTIONS
WITH SOLUTIONS GRADED A+
◉ Licensees must make a report of any action taken against them in
another jurisdiction or by another governmental agency in PA within
how many days of the final disposition of the matter?
1) 10
2) 30
3) 60
4) 90. Answer: 30
◉ Which of the following is INCORRECT concerning Medicaid?
1) it is solely a federally administered program
2) it provides medical assistance to low-income people who cannot
otherwise provide for themselves
3) it pays for hospital care, outpatient care, and laboratory and X-ray
services
4) the federal government provides about 56 cents for every Medicaid
dollar spent. Answer: it is solely a federally administered program
, ◉ Which of the following is a short-term annuity that limits the amounts
paid to a certain fixed period or until a certain fixed amount is
liquidated?
a) Annuity certain
b) Fixed annuity
c) Refund life
d) Variable annuity. Answer: Annuity certain
◉ A person applying for a manager or exclusive general agent license
must meet all of the following criteria EXCEPT
a) Be found sufficiently fit, competent and reliable by the Department of
Insurance.
b) Have paid all applicable fees.
c) Be responsible for at least 25% of total commissions collected by the
office that he or she manages.
d) Have an authority to act on the insurer's behalf.. Answer: Have paid
all applicable fees.
◉ Which of the following would be considered an unfair claims
settlement practice?
