Pearson vue Texas life and health
insurance test questions and answers
Who is obligated to make sure all questions are answered and all
necessary signatures are collected on the application? -
correct answer ✅The Agent
An underwriter is reviewing an applicant with an extensive medical
history. Which of the following would give the underwriter a better
understanding of how the applicant has been treated for various
illnesses? -
correct answer ✅Attending physician's statement
Which of the following would NOT be eligible for coverage under
key person? -
correct answer ✅The owner of the shop
With Adjustable Life, the owner can change all of the following
EXCEPT -
correct answer ✅The insured
Which of the following is provided by skilled medical personnel to
those who need occasional medical assistance or rehabilitative
care? -
correct answer ✅Intermediate care
,Pearson vue Texas life and health
insurance test questions and answers
Partial disability usually pays what percentage of the total disability
benefit? -
correct answer ✅50%
Which of the following long-term care benefits would provide
coverage for care for functionally impaired adults on a less than 24-
hour basis?
A. Residential care
B. Assisted living
C. Home health care
D. Adult day care -
correct answer ✅D. Adult day care
An insured's long-tern care policy is scheduled to pay fixed amount
of coverage of $120 per day. The long-term care facility only
charged $100 per day. How much will the insurance company pay?
A. 20% of the total cost
B. $120 a day
C. $100 a day
,Pearson vue Texas life and health
insurance test questions and answers
D. 80% of the total cost -
correct answer ✅B. $120 a day
In comparison to a policy that uses the accidental means definition,
a policy that uses the accidental bodily injury definition would
provide coverage that is
A. More limited in duration
B. Broader in duration
C. Broder in general
D. More limited in general -
correct answer ✅C. Broader in general
An individual has been diagnosed with Alzheimer's disease. He is
insured under a life insurance policy with the accelerated benefits
rider. Which of the following is true regarding taxation of the
accelerated benefits?
A. The entire living benefits is considered taxable income
B. A portion of the benefits up to a limit is tax-free; the rest is
taxable income
C. Principle is tax free, but interest is taxed
, Pearson vue Texas life and health
insurance test questions and answers
D. The entire benefits will be received tax free -
correct answer ✅B. B. A portion of the benefits up to a limit is tax-
free; the rest is taxable income
All of the following are true of an annuity owner EXCEPT
A. The owner has the right to name the beneficiary
B. The owner is the party who may surrender the annuity
C. The owner must be the party to receive benefits
D. The owner pays the premiums on the annuity -
correct answer ✅C. The owner must be the party to receive
benefits
How is emergency care covered for a member of an HMO?
A. An HMO emergency specialist will cover the patient
B. A member of an HMO can receive care in or out of the HMO
service area, but care is preferred in the service area
C. A member of an HMO may receive care at any emergency facility,
at the same cost as if in his or her own service area
D. HMOs have salaried member physicians, but they do not cover
emergency care -
correct answer ✅B. A member of an HMO can receive care in or
insurance test questions and answers
Who is obligated to make sure all questions are answered and all
necessary signatures are collected on the application? -
correct answer ✅The Agent
An underwriter is reviewing an applicant with an extensive medical
history. Which of the following would give the underwriter a better
understanding of how the applicant has been treated for various
illnesses? -
correct answer ✅Attending physician's statement
Which of the following would NOT be eligible for coverage under
key person? -
correct answer ✅The owner of the shop
With Adjustable Life, the owner can change all of the following
EXCEPT -
correct answer ✅The insured
Which of the following is provided by skilled medical personnel to
those who need occasional medical assistance or rehabilitative
care? -
correct answer ✅Intermediate care
,Pearson vue Texas life and health
insurance test questions and answers
Partial disability usually pays what percentage of the total disability
benefit? -
correct answer ✅50%
Which of the following long-term care benefits would provide
coverage for care for functionally impaired adults on a less than 24-
hour basis?
A. Residential care
B. Assisted living
C. Home health care
D. Adult day care -
correct answer ✅D. Adult day care
An insured's long-tern care policy is scheduled to pay fixed amount
of coverage of $120 per day. The long-term care facility only
charged $100 per day. How much will the insurance company pay?
A. 20% of the total cost
B. $120 a day
C. $100 a day
,Pearson vue Texas life and health
insurance test questions and answers
D. 80% of the total cost -
correct answer ✅B. $120 a day
In comparison to a policy that uses the accidental means definition,
a policy that uses the accidental bodily injury definition would
provide coverage that is
A. More limited in duration
B. Broader in duration
C. Broder in general
D. More limited in general -
correct answer ✅C. Broader in general
An individual has been diagnosed with Alzheimer's disease. He is
insured under a life insurance policy with the accelerated benefits
rider. Which of the following is true regarding taxation of the
accelerated benefits?
A. The entire living benefits is considered taxable income
B. A portion of the benefits up to a limit is tax-free; the rest is
taxable income
C. Principle is tax free, but interest is taxed
, Pearson vue Texas life and health
insurance test questions and answers
D. The entire benefits will be received tax free -
correct answer ✅B. B. A portion of the benefits up to a limit is tax-
free; the rest is taxable income
All of the following are true of an annuity owner EXCEPT
A. The owner has the right to name the beneficiary
B. The owner is the party who may surrender the annuity
C. The owner must be the party to receive benefits
D. The owner pays the premiums on the annuity -
correct answer ✅C. The owner must be the party to receive
benefits
How is emergency care covered for a member of an HMO?
A. An HMO emergency specialist will cover the patient
B. A member of an HMO can receive care in or out of the HMO
service area, but care is preferred in the service area
C. A member of an HMO may receive care at any emergency facility,
at the same cost as if in his or her own service area
D. HMOs have salaried member physicians, but they do not cover
emergency care -
correct answer ✅B. A member of an HMO can receive care in or
