Maryland life and health general exam simulator 2025/
2026 ACTUAL COMPLETE REAL EXAM QUESTIONS AND
CORRECT DETAILED ANSWERS ( COMPLETE VERIFIED
SOLUTIONS ) ALRADY GRADED A+/ 2025 BRAND NEW!!
When must insurable interest exist for a life insurance
contract to be valid? -
ANSWER-inception of the
contract
How are benefit payments from individually-owned medical
expense policies
treated for tax purposes? - ANSWER-exempt from
income taxes
Who must sign a rider attached to a health insurance policy in
order for it to be
valid? - ANSWER-insured and
producer
Dividends from a mutual insurance company are paid to
whom? - ANSWER-
Policyholders
,Which statement regarding a fixed period settlement option is
correct? - ANSWER-the installment payment amount is
determined by the total number of installments
specialty care is provided by which of the following
health maintenance
organization (HMO) providers? - ANSWER-
neurologist
Which factor determines the maximum disability income
benefit that can be
purchased by an applicant? - ANSWER-the
applicant's income
Which of the following best describes the presumptive
disability provision? -
ANSWER-waives the typical total disability
requirements
When a ten year renewable term life insurance policy issued at
age 45 is renewed, the premium rate will be the current rate for -
ANSWER-Ten year term insurance for a person aged 55
,Which of these statements is NOT true regarding a cash value
loan against a
life insurance policy? - ANSWER-interest payments made by
policyowner are
deductible
If a disability income policy contains a cost-of-living
adjustment rider, benefits
must typically be increased - ANSWER-at least once per
year from when
benefits
begin
The agreement in which hospitals and physician groups in a
specific area contract with an insurance company to provide
medical care at predetermined costs is - ANSWER-Preferred
Provider Organization (PPO) (a collection of health care
providers who offer their services to certain groups at
prearranged prices)
Which of the following is NOT an allowable exclusion for
long-term care
insurance policies? - ANSWER-Care for
incurable conditions
, Which of the following is NOT covered by a comprehensive
long-term care
policy? - ANSWER-
acute care
Which of these is NOT used as selection criteria in the
underwriting process of
a life insurance application? - ANSWER-
national origin
A family counseling benefit is typically offered under which of
these coverages?
- ANSWER-Hospice
care
When does interest income for a flexible premium deferred
annuity get reported
for federal income taxes? - ANSWER-upon receiving
distributions from the
contract
Which of the following is true regarding a person receiving a
waiver of premium
benefit? - ANSWER-The insured must be disabled for a
period of time
2026 ACTUAL COMPLETE REAL EXAM QUESTIONS AND
CORRECT DETAILED ANSWERS ( COMPLETE VERIFIED
SOLUTIONS ) ALRADY GRADED A+/ 2025 BRAND NEW!!
When must insurable interest exist for a life insurance
contract to be valid? -
ANSWER-inception of the
contract
How are benefit payments from individually-owned medical
expense policies
treated for tax purposes? - ANSWER-exempt from
income taxes
Who must sign a rider attached to a health insurance policy in
order for it to be
valid? - ANSWER-insured and
producer
Dividends from a mutual insurance company are paid to
whom? - ANSWER-
Policyholders
,Which statement regarding a fixed period settlement option is
correct? - ANSWER-the installment payment amount is
determined by the total number of installments
specialty care is provided by which of the following
health maintenance
organization (HMO) providers? - ANSWER-
neurologist
Which factor determines the maximum disability income
benefit that can be
purchased by an applicant? - ANSWER-the
applicant's income
Which of the following best describes the presumptive
disability provision? -
ANSWER-waives the typical total disability
requirements
When a ten year renewable term life insurance policy issued at
age 45 is renewed, the premium rate will be the current rate for -
ANSWER-Ten year term insurance for a person aged 55
,Which of these statements is NOT true regarding a cash value
loan against a
life insurance policy? - ANSWER-interest payments made by
policyowner are
deductible
If a disability income policy contains a cost-of-living
adjustment rider, benefits
must typically be increased - ANSWER-at least once per
year from when
benefits
begin
The agreement in which hospitals and physician groups in a
specific area contract with an insurance company to provide
medical care at predetermined costs is - ANSWER-Preferred
Provider Organization (PPO) (a collection of health care
providers who offer their services to certain groups at
prearranged prices)
Which of the following is NOT an allowable exclusion for
long-term care
insurance policies? - ANSWER-Care for
incurable conditions
, Which of the following is NOT covered by a comprehensive
long-term care
policy? - ANSWER-
acute care
Which of these is NOT used as selection criteria in the
underwriting process of
a life insurance application? - ANSWER-
national origin
A family counseling benefit is typically offered under which of
these coverages?
- ANSWER-Hospice
care
When does interest income for a flexible premium deferred
annuity get reported
for federal income taxes? - ANSWER-upon receiving
distributions from the
contract
Which of the following is true regarding a person receiving a
waiver of premium
benefit? - ANSWER-The insured must be disabled for a
period of time
