Hawaii Life and Health Insurance Practice Exam
Questions and Correct Verified Answers | Latest
Update 2025
1. What is the primary purpose of the Hawaii Life and Health Insurance
Guaranty Association?
A. To regulate insurance premiums in Hawaii
B. To provide protection to policyholders in the event that an insurer
becomes insolvent
C. To oversee insurance claims processing
D. To assist policyholders in choosing the best insurance plan
2. What is the maximum amount of coverage for health insurance through the
Hawaii Prepaid Health Care Act (PHCA)?
A. $50,000
B. $100,000
C. $75,000
D. $200,000
3. In Hawaii, under the Prepaid Health Care Act, an employer must provide
health insurance coverage to employees working how many hours per week?
A. 20 hours
B. 25 hours
C. 30 hours
D. 35 hours
,4. Which of the following statements is true about Hawaii’s life insurance
policies?
A. A life insurance policy in Hawaii must provide a 10-day free look
period.
B. Life insurance policies in Hawaii do not have a free look period.
C. All life insurance policies in Hawaii must have a 30-day grace period for
premiums.
D. Hawaii requires life insurance policies to only be renewable every 5
years.
5. Which of the following is true about a convertible term life insurance policy in
Hawaii?
A. It cannot be converted into a permanent policy after 5 years.
B. It allows the policyholder to convert it into a permanent policy without
undergoing a medical exam.
C. The term policy can only be converted once within the first year of
issuance.
D. Convertible term policies are only available to individuals under the age
of 50.
6. Under the Hawaii health insurance law, which of the following is a mandatory
exclusion in a health insurance policy?
A. Cosmetic surgery unless due to an accident or disease
B. Childbirth services
C. Treatment for emergency medical conditions
D. Mental health services
7. What is the maximum number of days an individual can stay in a hospital and
still be eligible for benefits under Hawaii’s Prepaid Health Care Act?
A. 30 days
, B. 60 days
C. 90 days
D. 120 days
8. In Hawaii, if an insurer wishes to terminate a life insurance policy, how many
days’ notice must they provide the policyholder?
A. 10 days
B. 30 days
C. 45 days
D. 60 days
9. Which of the following is a requirement for obtaining a health insurance
license in Hawaii?
A. The applicant must have a bachelor's degree.
B. The applicant must complete a pre-licensing education course and pass
a state exam.
C. The applicant must have 3 years of experience in the insurance industry.
D. The applicant must be at least 30 years old.
10. Under Hawaii’s life insurance regulations, how often must insurers file their
annual statement?
A. Annually, by March 1st
B. Quarterly
C. Every two years
D. Monthly
11. In the event of a claim, how soon must Hawaii insurance companies pay the
health insurance claim after receiving all necessary information?
A. 30 days
B. 45 days
Questions and Correct Verified Answers | Latest
Update 2025
1. What is the primary purpose of the Hawaii Life and Health Insurance
Guaranty Association?
A. To regulate insurance premiums in Hawaii
B. To provide protection to policyholders in the event that an insurer
becomes insolvent
C. To oversee insurance claims processing
D. To assist policyholders in choosing the best insurance plan
2. What is the maximum amount of coverage for health insurance through the
Hawaii Prepaid Health Care Act (PHCA)?
A. $50,000
B. $100,000
C. $75,000
D. $200,000
3. In Hawaii, under the Prepaid Health Care Act, an employer must provide
health insurance coverage to employees working how many hours per week?
A. 20 hours
B. 25 hours
C. 30 hours
D. 35 hours
,4. Which of the following statements is true about Hawaii’s life insurance
policies?
A. A life insurance policy in Hawaii must provide a 10-day free look
period.
B. Life insurance policies in Hawaii do not have a free look period.
C. All life insurance policies in Hawaii must have a 30-day grace period for
premiums.
D. Hawaii requires life insurance policies to only be renewable every 5
years.
5. Which of the following is true about a convertible term life insurance policy in
Hawaii?
A. It cannot be converted into a permanent policy after 5 years.
B. It allows the policyholder to convert it into a permanent policy without
undergoing a medical exam.
C. The term policy can only be converted once within the first year of
issuance.
D. Convertible term policies are only available to individuals under the age
of 50.
6. Under the Hawaii health insurance law, which of the following is a mandatory
exclusion in a health insurance policy?
A. Cosmetic surgery unless due to an accident or disease
B. Childbirth services
C. Treatment for emergency medical conditions
D. Mental health services
7. What is the maximum number of days an individual can stay in a hospital and
still be eligible for benefits under Hawaii’s Prepaid Health Care Act?
A. 30 days
, B. 60 days
C. 90 days
D. 120 days
8. In Hawaii, if an insurer wishes to terminate a life insurance policy, how many
days’ notice must they provide the policyholder?
A. 10 days
B. 30 days
C. 45 days
D. 60 days
9. Which of the following is a requirement for obtaining a health insurance
license in Hawaii?
A. The applicant must have a bachelor's degree.
B. The applicant must complete a pre-licensing education course and pass
a state exam.
C. The applicant must have 3 years of experience in the insurance industry.
D. The applicant must be at least 30 years old.
10. Under Hawaii’s life insurance regulations, how often must insurers file their
annual statement?
A. Annually, by March 1st
B. Quarterly
C. Every two years
D. Monthly
11. In the event of a claim, how soon must Hawaii insurance companies pay the
health insurance claim after receiving all necessary information?
A. 30 days
B. 45 days
