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Insurance Licensing Life and Accident and Health or Sickness Producer - Combo Series 20-30 Sample Questions:
1. All of the following are examples of unfair claims settlement practices EXCEPT:
A) Failing to promptly provide a reason for a claim denial
B) Denying unsubstantiated claims on a timely basis
C) Refusing arbitrarily and unreasonably to pay claims
D) Misrepresenting pertinent facts of coverage
2. Dental insurance typically excludes coverage for:
A) Some pre-existing conditions
B) Preventive treatments
C) Dental X-rays
D) Cleaning of the teeth
3. A policy of life insurance may not be delivered unless the policy has a:
A) Notary seal
B) Premium coupon book
C) Financial statement of the life insurance company
D) Legible and brief description of the policy on the first page
4. Which of the following is commonly used to structure the payment of liability insurance settlements, lottery winnings, and other large sums?
A) An immediate annuity
B) A 403(b) tax-sheltered annuity
C) A modified endowment contract
D) An individual retirement account
5. (If a producer misleads or fails to adequately disclose the title and true nature of a policy offered to a potential insured, it may be considered:)
A) Coercion
B) Defamation
C) Misrepresentation
D) Unfair discrimination
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: C |






