1
Kansas Life & Health Insurance Final
Exam 2025/2026 Exam Questions and
Correct Answers | New Update
When can a policy owner change a revocable beneficiary? - 🧠 ANSWER
✔✔Anytime
J would like to maintain the right to change beneficiaries. Which beneficiary
designation should be used? - 🧠 ANSWER ✔✔Revocable
M purchased an Accidental Death and Dismemberment (AD&D) policy and
named his son as beneficiary. M has the right to change the beneficiary designation
at anytime. What type of beneficiary is his son? - 🧠 ANSWER ✔✔Revocable
Beneficiary
revocable beneficiary - 🧠 ANSWER ✔✔the policy owner may change the
beneficiary at any time without notifying or getting permission from the
beneficiary.
K is the insured and P is the sole beneficiary on a life insurance policy. Both are
involved in a fatal accident where K dies before P. Under the Common Disaster
1
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
,2
provision, which of these statements is true? - 🧠 ANSWER ✔✔Proceeds will be
paid to K's estate if P dies within a specified time
How would a contingent beneficiary receive the policy proceeds in an Accidental
Death and Dismemberment (AD&D) policy? - 🧠 ANSWER ✔✔If the primary
beneficiary dies before the insured
Which statement is true regarding a minor beneficiary - 🧠 ANSWER ✔✔Normally,
a guardian is required to be appointed in the Beneficiary clause of the contract
A life insurance application must be signed by all of these EXCEPT - 🧠 ANSWER
✔✔Beneficiaries are not required to sign an insurance application
K applies for a life insurance policy on herself and submits the initial premium
with the application. She is given a receipt by the agent stating that coverage
begins immediately if the application is approved. What kind of receipt was used?
- 🧠 ANSWER ✔✔A conditional receipt indicates that certain conditions must be
met in order for the insurance coverage to go into effect.
P is a producer who notices 5 questions on a life application were not answered.
What actions should P take? - 🧠 ANSWER ✔✔Schedule another appointment with
the applicant to complete the unanswered questions
2
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, 3
M completes an application for life insurance but does not pay the initial premium.
All of these actions must occur before M's policy goes into effect EXCEPT - 🧠
ANSWER ✔✔Free-look period has expired
An applicant's medical information received from the Medical Information Bureau
(MIB) may be furnished to the - 🧠 ANSWER ✔✔Applicant's physician
On August 6, D submitted an application for a $50,000 Life Insurance policy and
did not pay the initial premium. On August 18, D went to his doctor complaining
of chest pains and some tests were given by the doctor. The life policy was
delivered by the producer on August 20 and D explains what had recently taken
place with the doctor. What action should the producer then take? - 🧠 ANSWER
✔✔Collect initial premium along with a signed health statement
What is being delivered during a policy delivery? - 🧠 ANSWER ✔✔Insurance
contract to the proposed insured
Before a life insurance policy is issued, which of these components of the contract
is required? - 🧠 ANSWER ✔✔Applicant's signature on application
Which of the following is an important underwriting principle of group life
insurance? - 🧠 ANSWER ✔✔Everyone must be covered in the group
3
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
Kansas Life & Health Insurance Final
Exam 2025/2026 Exam Questions and
Correct Answers | New Update
When can a policy owner change a revocable beneficiary? - 🧠 ANSWER
✔✔Anytime
J would like to maintain the right to change beneficiaries. Which beneficiary
designation should be used? - 🧠 ANSWER ✔✔Revocable
M purchased an Accidental Death and Dismemberment (AD&D) policy and
named his son as beneficiary. M has the right to change the beneficiary designation
at anytime. What type of beneficiary is his son? - 🧠 ANSWER ✔✔Revocable
Beneficiary
revocable beneficiary - 🧠 ANSWER ✔✔the policy owner may change the
beneficiary at any time without notifying or getting permission from the
beneficiary.
K is the insured and P is the sole beneficiary on a life insurance policy. Both are
involved in a fatal accident where K dies before P. Under the Common Disaster
1
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
,2
provision, which of these statements is true? - 🧠 ANSWER ✔✔Proceeds will be
paid to K's estate if P dies within a specified time
How would a contingent beneficiary receive the policy proceeds in an Accidental
Death and Dismemberment (AD&D) policy? - 🧠 ANSWER ✔✔If the primary
beneficiary dies before the insured
Which statement is true regarding a minor beneficiary - 🧠 ANSWER ✔✔Normally,
a guardian is required to be appointed in the Beneficiary clause of the contract
A life insurance application must be signed by all of these EXCEPT - 🧠 ANSWER
✔✔Beneficiaries are not required to sign an insurance application
K applies for a life insurance policy on herself and submits the initial premium
with the application. She is given a receipt by the agent stating that coverage
begins immediately if the application is approved. What kind of receipt was used?
- 🧠 ANSWER ✔✔A conditional receipt indicates that certain conditions must be
met in order for the insurance coverage to go into effect.
P is a producer who notices 5 questions on a life application were not answered.
What actions should P take? - 🧠 ANSWER ✔✔Schedule another appointment with
the applicant to complete the unanswered questions
2
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
, 3
M completes an application for life insurance but does not pay the initial premium.
All of these actions must occur before M's policy goes into effect EXCEPT - 🧠
ANSWER ✔✔Free-look period has expired
An applicant's medical information received from the Medical Information Bureau
(MIB) may be furnished to the - 🧠 ANSWER ✔✔Applicant's physician
On August 6, D submitted an application for a $50,000 Life Insurance policy and
did not pay the initial premium. On August 18, D went to his doctor complaining
of chest pains and some tests were given by the doctor. The life policy was
delivered by the producer on August 20 and D explains what had recently taken
place with the doctor. What action should the producer then take? - 🧠 ANSWER
✔✔Collect initial premium along with a signed health statement
What is being delivered during a policy delivery? - 🧠 ANSWER ✔✔Insurance
contract to the proposed insured
Before a life insurance policy is issued, which of these components of the contract
is required? - 🧠 ANSWER ✔✔Applicant's signature on application
Which of the following is an important underwriting principle of group life
insurance? - 🧠 ANSWER ✔✔Everyone must be covered in the group
3
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
