Maryland state exam life insurance license practice
questions and answers 2026\2027 A+ Grade
Declarations
- correct answer In what part of an insurance policy or policy benefits found?
Twisting
- correct 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?
- correct answer Nothing
Which of these factors would and ensure consider when determining whether to except a group life
plan
- correct answer Average age
Which type of life insurance is normally associated with a paler benefit rider
- correct answer Juvenile insurance
Which of the following is not considered advertising?
- correct answer Oh rating from A rating service company such as a.m. best
During the accumulation. Who can surrender an annuity
- correct answer Policy owner
Fixed period Settlement options are considered to be a form of a
- correct answer Annuity
, Which of the following is not information found in a life insurance buyers guide
- correct answer How to take legal action against a insurance company
All of the following characteristics of a group life insurance plan except
- correct answer Individual underwriting
A securities license is required for a life insurance producer to sell
- correct answer Variable life insurance
Which of the following is present when an applicant stands to lose value if the insured dies
- correct answer Insurable interest
What may be the result of replacing an existing life insurance policy with a new one
- correct answer Surrender charge
Signatures for an insurance application must be obtained by the producer from all the following sources
except
- correct answer The policy owner
Maria the insurance producer completes a sale by collecting the required signatures on the application
and obtaining the initial premium afterward she Deposits the check into our personal checking account
or he is committed to what crime
- correct answer Fraud
Jonas is a whole life insurance policy owner and would like to add coverage for his two children which of
the following products would allow him to accomplish this
- correct answer Child term rider
Interest on death benefits are not required to be paid by the insurance company as long as proceeds are
paid within 30 days after the date of the death of the insured
- correct answer
questions and answers 2026\2027 A+ Grade
Declarations
- correct answer In what part of an insurance policy or policy benefits found?
Twisting
- correct 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?
- correct answer Nothing
Which of these factors would and ensure consider when determining whether to except a group life
plan
- correct answer Average age
Which type of life insurance is normally associated with a paler benefit rider
- correct answer Juvenile insurance
Which of the following is not considered advertising?
- correct answer Oh rating from A rating service company such as a.m. best
During the accumulation. Who can surrender an annuity
- correct answer Policy owner
Fixed period Settlement options are considered to be a form of a
- correct answer Annuity
, Which of the following is not information found in a life insurance buyers guide
- correct answer How to take legal action against a insurance company
All of the following characteristics of a group life insurance plan except
- correct answer Individual underwriting
A securities license is required for a life insurance producer to sell
- correct answer Variable life insurance
Which of the following is present when an applicant stands to lose value if the insured dies
- correct answer Insurable interest
What may be the result of replacing an existing life insurance policy with a new one
- correct answer Surrender charge
Signatures for an insurance application must be obtained by the producer from all the following sources
except
- correct answer The policy owner
Maria the insurance producer completes a sale by collecting the required signatures on the application
and obtaining the initial premium afterward she Deposits the check into our personal checking account
or he is committed to what crime
- correct answer Fraud
Jonas is a whole life insurance policy owner and would like to add coverage for his two children which of
the following products would allow him to accomplish this
- correct answer Child term rider
Interest on death benefits are not required to be paid by the insurance company as long as proceeds are
paid within 30 days after the date of the death of the insured
- correct answer
