Virginia Insurance Regulations Practice Questions
225 free Virginia-specific insurance regulation questions — licensing rules, replacement regulations, unfair practices, and VA insurance code duties tested on the Virginia Life & Health exam. Nationally applicable material lives in the other domains.
- 1.A Virginia producer is replacing a client's existing life policy with a new one from a different insurer. U…Difficulty 2/5VA specific
- 2.An insured dies two weeks into the grace period with the premium still unpaid. Under Va. Code § 38.2-3303, …Difficulty 2/5VA specific
- 3.During a sales presentation for a whole life policy, a Virginia producer shows the prospect an illustration…Difficulty 2/5VA specific
- 4.Which statement best compares coverage for an adopted child with coverage for a natural-born child under Vi…Difficulty 3/5VA specific
- 5.A viatical settlement broker in Virginia has no written agreement with a policyowner identifying whose inte…Difficulty 3/5VA specific
- 6.A retiree holds an annuity from an insurer that is declared insolvent. Under the VLASIGA Notice of Protecti…Difficulty 2/5VA specific
- 7.A producer circulates a flyer to local businesses asserting that a competing insurer is financially insolve…Difficulty 1/5VA specific
- 8.Under Virginia law, how long is a temporary insurance producer license valid?Difficulty 1/5VA specific
- 9.Two long-term care claimants are evaluated in Virginia. One cannot perform several activities of daily livi…Difficulty 3/5VA specific
- 10.A Virginia employee covered under a plan subject to Va. Code § 38.2-3541 loses eligibility in a qualifying …Difficulty 2/5VA specific
- 11.A Medicare beneficiary in Virginia loses employer group health coverage that had supplemented Medicare. Und…Difficulty 1/5VA specific
- 12.A Virginia producer is licensed for a single type of insurance. How many continuing education hours must th…Difficulty 1/5VA specific
- 13.What is the range of the appointment fee associated with a producer appointment in Virginia?Difficulty 1/5VA specific
- 14.Which of the following is a power that Virginia law grants to the State Corporation Commission in administe…Difficulty 3/5VA specific
- 15.A Virginia life insurer obtained an applicant's HIV test results with proper consent. A coworker of the app…Difficulty 2/5VA specific
- 16.A Virginia business employed an average of 50 employees during the preceding calendar year. Under Va. Code …Difficulty 2/5VA specific
- 17.An insured suffers a loss covered by an individual accident and sickness policy. Under the uniform required…Difficulty 1/5VA specific
- 18.A company's human-resources coordinator enrolls employees under the firm's group insurance policy: explaini…Difficulty 2/5VA specific
- 19.When does the Medicare supplement open enrollment period begin in Virginia, and how long does it last?Difficulty 1/5VA specific
- 20.Several unrelated residents organize an association whose only activity is collecting dues to purchase grou…Difficulty 3/5VA specific
- 21.Under the Commission-approved Notice of Protection of the Virginia Life, Accident and Sickness Insurance Gu…Difficulty 1/5VA specific
- 22.An applicant passed the Virginia prelicensing examination but never completed the licensing process. More t…Difficulty 2/5VA specific
- 23.A Virginia life policyholder has an outstanding policy loan and cannot repay it. Under Virginia law, may th…Difficulty 1/5VA specific
- 24.Under Virginia law, to what age may a dependent child remain covered under a parent's health plan, and what…Difficulty 1/5VA specific
- 25.Under Virginia's replacement rules for life insurance, what must the producer do at the outset when replaci…Difficulty 1/5VA specific
- 26.A Virginia producer is explaining policy time limits to a client. Which pairing of provision and period is …Difficulty 3/5VA specific
- 27.A Virginia producer dies, leaving the agency's clients without someone to service their policies. Which sta…Difficulty 2/5VA specific
- 28.The Commission finds that a Virginia licensee committed several separate acts in one enforcement matter, ea…Difficulty 2/5VA specific
- 29.A licensing candidate reads that a life policy's benefit can be adjusted after a misstatement in the applic…Difficulty 3/5VA specific
- 30.A Virginia insurer plans to increase the premium rates charged on its in-force long-term care policies. Wha…Difficulty 1/5VA specific
- 31.Under Virginia insurance law, what does it mean for a person to have an insurable interest in the life of a…Difficulty 1/5VA specific
- 32.Which statement about accelerated benefit provisions in Virginia life insurance is correct?Difficulty 3/5VA specific
- 33.Which statement about Virginia producer licensing requirements is correct?Difficulty 1/5VA specific
- 34.Under Va. Code § 38.2-3304, which documents together constitute the entire contract of an individual life i…Difficulty 1/5VA specific
- 35.Two months after a Virginia life policy is delivered, the producer verbally promises the policyowner an ext…Difficulty 2/5VA specific
- 36.What does Virginia law provide about the examination requirement for an applicant for a temporary insurance…Difficulty 1/5VA specific
- 37.Beyond the statutes governing health maintenance organizations, Virginia has adopted detailed administrativ…Difficulty 1/5VA specific
- 38.A Virginia beneficiary learns that the insurer has held her life insurance death proceeds while processing …Difficulty 1/5VA specific
- 39.In the context of life insurance underwriting in Virginia, which practice would constitute unfair discrimin…Difficulty 1/5VA specific
- 40.An employer sponsors a group health plan in Virginia. An employee asks why he received only a summary bookl…Difficulty 2/5VA specific
- 41.Under Virginia law, how is a 'viatical settlement broker' defined for licensing purposes?Difficulty 1/5VA specific
- 42.Which situation may properly disqualify a person from Virginia continuation coverage under Va. Code § 38.2-…Difficulty 3/5VA specific
- 43.A Virginia producer completes the paperwork to replace a client's individual health policy with coverage fr…Difficulty 2/5VA specific
- 44.A person who has never applied for a Virginia license wants to solicit accident and health insurance applic…Difficulty 1/5VA specific
- 45.When an individual life policy is delivered in Virginia, what does Va. Code § 38.2-3301 require the policy …Difficulty 2/5VA specific
- 46.An employer in Virginia cancels its group life master policy, ending coverage for employees who were insure…Difficulty 3/5VA specific
- 47.Under Virginia's residency standards for producer licensing, which combination establishes that an individu…Difficulty 2/5VA specific
- 48.Under Virginia's Medicare supplement standardization rules, why are the benefit designs of Medicare supplem…Difficulty 1/5VA specific
- 49.An applicant understated her age on a Virginia life insurance application. The insured later dies, and the …Difficulty 1/5VA specific
- 50.Under Va. Code § 38.2-3307, dividends on a Virginia participating life insurance policy:Difficulty 1/5VA specific