ARIZONA LIFE AND HEALTH
INSURANCE EXAM QUESTIONS AND
ANSWERS GRADED A+ 2025/2026
When the disclosure of an insured's nonpublic information is involved, what is the insurer
obligated to do? - ANS Give notice, explain, and allow opting out
Under the Telemarketing Sales Rule, telemarketing calls may NOT be received after -
ANS 9:00 PM
A health plan offered by private insurance companies is - ANS Medicare Supplement
Chris has a single major medical contract which covers all medical expenses. His plan is
considered to be - ANS comprehensive
In accident and health insurance, 60 days must pass after written proof of loss has been
received by an insurer before the insured may - ANS Bring legal action against the insurer
When a ten year renewable term life insurance policy issued at age 45 is renewed, the premium
rate will be the current rate for - ANS Ten year term insurance for a person aged 55
All of the following are unfair claims settlement practices except - ANS An attempt to settle a
claim by arbitration
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
,What is covered under a limited accident and health insurance policy? - ANS Limited perils
and amounts
A life insurance policy provision that has the ability to reduce the death benefit is called -
ANS Accelerated (living) benefit
If an accident and health insurance claim form is NOT supplied to the insured within 15 says
after the notice of claim, the insured may comply with the proof of loss provision by submitting
- ANS Written proof of the occurrence and extent of loss
How are monthly life annuity benefit payments treated under a tax sheltered annuity (TSA)? -
ANS Taxed as ordinary income in the year received
How does a continuous premium whole life policy differ from a limited payment whole life
policy? - ANS The time period in which premiums will be paid
Which of these is an accurate statement regarding the fixed period settlement option on a life
insurance policy? - ANS A portion of the payments paid to the beneficiary comes from
interest calculated on the proceeds of the policy
Under what circumstance does an accident and health insurer have the right to request an
autopsy? - ANS When not prohibited by state law
A material change in a modified endowment contract (MEC) results in - ANS the seven pay
test, adjusted for cash value, being applied again
Under an adjustable life insurance policy, which of the following may NOT be changed without
further underwriting? - ANS The person insured
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Linda is covered with long-term care insurance and has early-stage Alzheimer's. She is still able
to reside in her home while receiving primary care, as opposed to moving into a nursing home.
All of the following long-term benefits encourage this EXCEPT for - ANS custodial care
Employer-paid qualified long-term care insurance premiums are typically - ANS Excluded
from the employee's gross income.
Which statement regarding the certificate of insurance is accurate? - ANS Indicates evidence
of an employee's insurance coverage
Purchasing insurance is an example of risk - ANS transference
When an applicant applies for a large amount of life insurance coverage, which of the following
would likely NOT be an underwriting requirement? - ANS eye examination
A comprehensive major medical health insurance policy contains an eligible expenses provision
which identifies the type of health care services that are covered. All of the following health
care services are typical covered EXCEPT for - ANS Experimental and investigative services
All of these statements concerning group credit life insurance are false EXCEPT - ANS The face
amount is determined by the outstanding loan balance
Who may terminate coverage under and cancelable health insurance policy? - ANS insurer or
insured
The interest credited to the cash values of personally-owned non-qualified annuities is
considered - ANS tax deferred
An insurer that confines or largely limits the exposures it writes to those of its owners is called -
ANS captive
Dividends from a mutual insurance company are paid to whom? - ANS Policyholders
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
INSURANCE EXAM QUESTIONS AND
ANSWERS GRADED A+ 2025/2026
When the disclosure of an insured's nonpublic information is involved, what is the insurer
obligated to do? - ANS Give notice, explain, and allow opting out
Under the Telemarketing Sales Rule, telemarketing calls may NOT be received after -
ANS 9:00 PM
A health plan offered by private insurance companies is - ANS Medicare Supplement
Chris has a single major medical contract which covers all medical expenses. His plan is
considered to be - ANS comprehensive
In accident and health insurance, 60 days must pass after written proof of loss has been
received by an insurer before the insured may - ANS Bring legal action against the insurer
When a ten year renewable term life insurance policy issued at age 45 is renewed, the premium
rate will be the current rate for - ANS Ten year term insurance for a person aged 55
All of the following are unfair claims settlement practices except - ANS An attempt to settle a
claim by arbitration
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
,What is covered under a limited accident and health insurance policy? - ANS Limited perils
and amounts
A life insurance policy provision that has the ability to reduce the death benefit is called -
ANS Accelerated (living) benefit
If an accident and health insurance claim form is NOT supplied to the insured within 15 says
after the notice of claim, the insured may comply with the proof of loss provision by submitting
- ANS Written proof of the occurrence and extent of loss
How are monthly life annuity benefit payments treated under a tax sheltered annuity (TSA)? -
ANS Taxed as ordinary income in the year received
How does a continuous premium whole life policy differ from a limited payment whole life
policy? - ANS The time period in which premiums will be paid
Which of these is an accurate statement regarding the fixed period settlement option on a life
insurance policy? - ANS A portion of the payments paid to the beneficiary comes from
interest calculated on the proceeds of the policy
Under what circumstance does an accident and health insurer have the right to request an
autopsy? - ANS When not prohibited by state law
A material change in a modified endowment contract (MEC) results in - ANS the seven pay
test, adjusted for cash value, being applied again
Under an adjustable life insurance policy, which of the following may NOT be changed without
further underwriting? - ANS The person insured
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
, Linda is covered with long-term care insurance and has early-stage Alzheimer's. She is still able
to reside in her home while receiving primary care, as opposed to moving into a nursing home.
All of the following long-term benefits encourage this EXCEPT for - ANS custodial care
Employer-paid qualified long-term care insurance premiums are typically - ANS Excluded
from the employee's gross income.
Which statement regarding the certificate of insurance is accurate? - ANS Indicates evidence
of an employee's insurance coverage
Purchasing insurance is an example of risk - ANS transference
When an applicant applies for a large amount of life insurance coverage, which of the following
would likely NOT be an underwriting requirement? - ANS eye examination
A comprehensive major medical health insurance policy contains an eligible expenses provision
which identifies the type of health care services that are covered. All of the following health
care services are typical covered EXCEPT for - ANS Experimental and investigative services
All of these statements concerning group credit life insurance are false EXCEPT - ANS The face
amount is determined by the outstanding loan balance
Who may terminate coverage under and cancelable health insurance policy? - ANS insurer or
insured
The interest credited to the cash values of personally-owned non-qualified annuities is
considered - ANS tax deferred
An insurer that confines or largely limits the exposures it writes to those of its owners is called -
ANS captive
Dividends from a mutual insurance company are paid to whom? - ANS Policyholders
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
