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ALU 101 BOOK EXAM 2025 BRAND NEW
ACTUAL EXAM WITH ANSWERS.
Preference for US immigrant visa is given to which of the
following?
A. individuals engaged to US citizens
B. workers with special occupations that are needed in the US
C. parent of US citizens
Answer options: 1. a is correct
2. C is correct
3. B and C are correct
4. A, B and C are correct - correct answer -4
List five factors that underwriters should consider when evaluating
foreign residence and travel. - correct answer -1. life expectancy
2. violence
3. accidental death
4. murder rates
5. deaths as a result of military conflict
6. infectious disease death rates
7. infant mortality rates and maternal morality rates
8. number of physicians per capita by country
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Describe five positive and five negative risk factors that affect
foreign travel underwriting. - correct answer -+short duration
+travel is not immediate, 60 days or more in the future
+Only major urban areas will be visited
+purpose of travel is for vacation
+age between 18-70
+application is for permanent or level term plan
+the proposed insured is in good health
+ lodgings are at a hotel or relative's home
+ the country of destination is considered relatively safe.
- longer duration
- purpose of travel is for journalist, politician, public figure,
missionary or relief worker
- annual renewable term or short term
-amount of coverage seems excessive
-hazardous activities are engaged in abroad, mountain climbing,
scuba diving ect.
Prolonged airplane travel increases the risk of:
1. asthma
2. pulmonary embolism
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3. dementia
4. food poisoning - correct answer -2
Favorable factors in underwriting application involving foreign
travel include all of the following EXCEPT:
1. only major urban areas are visited during travel
2. travel is not immediate
3. the purpose of travel is for vacation
4. trips are of long duration - correct answer -4
What are the difficulties associated with obtaining medical records
from a foreign country? - correct answer -records could be in a
foreign language , cost and accuracy of translation.
Processing time and bureaucratic impediments
disparity in the accuracy and completeness of records from one
country to another
Describe risk that can be associated with living abroad. - correct
answer -levels of violence, corruption, terrorism, guerrilla
movements and military conflict
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The National Association of Insurance Commissioners (NAIC)
works to promote uniformity in state regulation through the
development of
1. audit guidelines
2. model laws
3. white papers
4. surplus requirements - correct answer -2
The US, a Health Insurance Portability and Accountability Act
(HIPAA) authorization must include all of the following EXCEPT:
1. an expiration date
2. the purpose of disclosure
3. the plan of insurance
4. the signature of the proposed insured - correct answer -3
In the US, which of the following statements regarding life
insurance regulation is/are correct?
A. Each state has its own insurance commissioner
b. Approval from the federal insurance department is required
prior to selling a life insurance product.
C. Variation be state is common
Answer Options: 1. A is correct
ALU 101 BOOK EXAM 2025 BRAND NEW
ACTUAL EXAM WITH ANSWERS.
Preference for US immigrant visa is given to which of the
following?
A. individuals engaged to US citizens
B. workers with special occupations that are needed in the US
C. parent of US citizens
Answer options: 1. a is correct
2. C is correct
3. B and C are correct
4. A, B and C are correct - correct answer -4
List five factors that underwriters should consider when evaluating
foreign residence and travel. - correct answer -1. life expectancy
2. violence
3. accidental death
4. murder rates
5. deaths as a result of military conflict
6. infectious disease death rates
7. infant mortality rates and maternal morality rates
8. number of physicians per capita by country
, Page | 2
Describe five positive and five negative risk factors that affect
foreign travel underwriting. - correct answer -+short duration
+travel is not immediate, 60 days or more in the future
+Only major urban areas will be visited
+purpose of travel is for vacation
+age between 18-70
+application is for permanent or level term plan
+the proposed insured is in good health
+ lodgings are at a hotel or relative's home
+ the country of destination is considered relatively safe.
- longer duration
- purpose of travel is for journalist, politician, public figure,
missionary or relief worker
- annual renewable term or short term
-amount of coverage seems excessive
-hazardous activities are engaged in abroad, mountain climbing,
scuba diving ect.
Prolonged airplane travel increases the risk of:
1. asthma
2. pulmonary embolism
, Page | 3
3. dementia
4. food poisoning - correct answer -2
Favorable factors in underwriting application involving foreign
travel include all of the following EXCEPT:
1. only major urban areas are visited during travel
2. travel is not immediate
3. the purpose of travel is for vacation
4. trips are of long duration - correct answer -4
What are the difficulties associated with obtaining medical records
from a foreign country? - correct answer -records could be in a
foreign language , cost and accuracy of translation.
Processing time and bureaucratic impediments
disparity in the accuracy and completeness of records from one
country to another
Describe risk that can be associated with living abroad. - correct
answer -levels of violence, corruption, terrorism, guerrilla
movements and military conflict
, Page | 4
The National Association of Insurance Commissioners (NAIC)
works to promote uniformity in state regulation through the
development of
1. audit guidelines
2. model laws
3. white papers
4. surplus requirements - correct answer -2
The US, a Health Insurance Portability and Accountability Act
(HIPAA) authorization must include all of the following EXCEPT:
1. an expiration date
2. the purpose of disclosure
3. the plan of insurance
4. the signature of the proposed insured - correct answer -3
In the US, which of the following statements regarding life
insurance regulation is/are correct?
A. Each state has its own insurance commissioner
b. Approval from the federal insurance department is required
prior to selling a life insurance product.
C. Variation be state is common
Answer Options: 1. A is correct
