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CONNECTICUT LIFE AND HEALTH NEWEST ACTUAL
2025/2026 FINAL EXAM WITH COMPLETE
QUESTIONS AND ANSWERS.VERIFED/GRADED A+
Someone who is licensed to negotiate a life settlement contract is called a -
(ANSWER)Life settlement broker
Chris has a single major medical contract which covers all medical expenses. His
plan is considered to be - (ANSWER)comprehensive
What typically changes at the re-entry option date found in some life insurance
policies? - (ANSWER)Premium - a re-entry option gives the insured the
opportunity to provide evidence of insurability at the end of the term to qualify to
renew the policy at a lower premium
In Connecticut, continuing education courses must be approved by the -
(ANSWER)Commissioner
After a life insurance policy has been in effect for _____ year(s), it becomes
incontestable. - (ANSWER)2
Which of the following must clearly be illustrated in all sales material for market
value adjusted annuities?
1. The market value adjustment must always be approved by the commissioner
2. The market value adjustment is always downward
, 2
3. The market value adjustment is always upwards
4. The market value adjustment can be either upward or downward -
(ANSWER)4. The market value adjustment can be either upward or downward
According to the Pregnancy Discrimination Act of 1978, employers must treat a
pregnancy in the same manner as - (ANSWER)any other medical disability - the
pregnancy discrimination act of 1978 requires that employers treat pregnancy in
the same manner as a disability for any other medical reason
Which of these noncontributory group plans would a claim likely result in the
payment of federal income?
1. Accidental health
2. Blanket health
3. Major medical
4. Disability income - (ANSWER)Disability income
During the liquidation phase of an annuity contract, to whom are the income
benefits normally payable to? - (ANSWER)Annuitant - the income benefits
distributed during the liquidation phase of an annuity contract are normally
payable to the annuitant
Under an adjustable life insurance policy, which of the following may NOT be
changed without further underwriting?
The person insured
The period of coverage
, 3
The payment period
The plan of coverage - (ANSWER)The person insured - all of these may normally
be changed without further underwriting in an adjustable life insurance policy
expect for the "person insurance"
All of these are duties that a producer may be required to perform when
delivering an insurance policy expect
Acquire a statement of good health signature
Gather the initial premium
Review policy with applicant
Leave a conditional receipt with client - (ANSWER)Leave a conditional receipt
with client - a conditional receipt is normally given prior to a policy being issued
According to the affordable care act, insurers can no longer deny health coverage
due to pre-existing conditions unless that plan is a(n) - (ANSWER)Grandfathered
plan - under the affordable care act, health insurers can no longer charge more or
deny coverage to you or your child because of a pre-existing health condition
unless it is grandfathered health plan
Which of the following types of insurers limits the exposures it writes to those of
its owners? - (ANSWER)Captive insurer - an insurer that confines largely limits the
exposures it writes to those of its owners is called a captive insurer
Which of the following could be a future use of cash value that builds in a
recently-purchased whole life insurance policy?
CONNECTICUT LIFE AND HEALTH NEWEST ACTUAL
2025/2026 FINAL EXAM WITH COMPLETE
QUESTIONS AND ANSWERS.VERIFED/GRADED A+
Someone who is licensed to negotiate a life settlement contract is called a -
(ANSWER)Life settlement broker
Chris has a single major medical contract which covers all medical expenses. His
plan is considered to be - (ANSWER)comprehensive
What typically changes at the re-entry option date found in some life insurance
policies? - (ANSWER)Premium - a re-entry option gives the insured the
opportunity to provide evidence of insurability at the end of the term to qualify to
renew the policy at a lower premium
In Connecticut, continuing education courses must be approved by the -
(ANSWER)Commissioner
After a life insurance policy has been in effect for _____ year(s), it becomes
incontestable. - (ANSWER)2
Which of the following must clearly be illustrated in all sales material for market
value adjusted annuities?
1. The market value adjustment must always be approved by the commissioner
2. The market value adjustment is always downward
, 2
3. The market value adjustment is always upwards
4. The market value adjustment can be either upward or downward -
(ANSWER)4. The market value adjustment can be either upward or downward
According to the Pregnancy Discrimination Act of 1978, employers must treat a
pregnancy in the same manner as - (ANSWER)any other medical disability - the
pregnancy discrimination act of 1978 requires that employers treat pregnancy in
the same manner as a disability for any other medical reason
Which of these noncontributory group plans would a claim likely result in the
payment of federal income?
1. Accidental health
2. Blanket health
3. Major medical
4. Disability income - (ANSWER)Disability income
During the liquidation phase of an annuity contract, to whom are the income
benefits normally payable to? - (ANSWER)Annuitant - the income benefits
distributed during the liquidation phase of an annuity contract are normally
payable to the annuitant
Under an adjustable life insurance policy, which of the following may NOT be
changed without further underwriting?
The person insured
The period of coverage
, 3
The payment period
The plan of coverage - (ANSWER)The person insured - all of these may normally
be changed without further underwriting in an adjustable life insurance policy
expect for the "person insurance"
All of these are duties that a producer may be required to perform when
delivering an insurance policy expect
Acquire a statement of good health signature
Gather the initial premium
Review policy with applicant
Leave a conditional receipt with client - (ANSWER)Leave a conditional receipt
with client - a conditional receipt is normally given prior to a policy being issued
According to the affordable care act, insurers can no longer deny health coverage
due to pre-existing conditions unless that plan is a(n) - (ANSWER)Grandfathered
plan - under the affordable care act, health insurers can no longer charge more or
deny coverage to you or your child because of a pre-existing health condition
unless it is grandfathered health plan
Which of the following types of insurers limits the exposures it writes to those of
its owners? - (ANSWER)Captive insurer - an insurer that confines largely limits the
exposures it writes to those of its owners is called a captive insurer
Which of the following could be a future use of cash value that builds in a
recently-purchased whole life insurance policy?
