Virginia Insurance Regulations Practice Questions — Page 2 of 5
225 free Virginia-specific insurance regulation questions for the Virginia Life & Health exam — page 2.
- 51.An applicant learns that her insurer's file contains an inaccurate medical history entry collected in conne…Difficulty 2/5VA specific
- 52.A policyowner returns her new Virginia life policy within the free-look period and asks what happens to the…Difficulty 2/5VA specific
- 53.Under Virginia law, the terms 'agent,' 'producer,' and 'insurance producer' all describe which of the follo…Difficulty 1/5VA specific
- 54.A Virginia insurer has mailed a producer a copy of its for-cause termination report. How long does the prod…Difficulty 3/5VA specific
- 55.A woman enrolled in Medicare Part B at age 65 but decided not to buy a Medicare supplement policy at that t…Difficulty 3/5VA specific
- 56.A Virginia charitable organization wants to issue gift annuities to its donors. Under Va. Code § 38.2-3113.…Difficulty 2/5VA specific
- 57.Virginia has enacted portability and nondiscrimination concepts for health coverage into its own statutes. …Difficulty 1/5VA specific
- 58.A health insurer proposes to require every applicant to undergo a genetic test before an accident and sickn…Difficulty 2/5VA specific
- 59.A Virginia health services plan contracts with a limited panel of physicians and pharmacies. What obligatio…Difficulty 2/5VA specific
- 60.After issuing a health policy, an insurer discovers that the policyholder made an unintentional, immaterial…Difficulty 3/5VA specific
- 61.A Virginia insurer contracts with a newly appointed producer, who promptly submits her first application fo…Difficulty 2/5VA specific
- 62.Under Va. Code § 38.2-3305, after how long from the policy date may an individual life policy in Virginia n…Difficulty 1/5VA specific
- 63.An applicant already owns a Medicare supplement policy and is asked to buy a second one from a different in…Difficulty 2/5VA specific
- 64.Several people propose to buy life insurance on other individuals. Which proposer has a valid insurable int…Difficulty 3/5VA specific
- 65.An insured under an individual accident and sickness policy is called to active military service. Under Vir…Difficulty 2/5VA specific
- 66.A business entity wants to operate as a viatical settlement broker in Virginia. Beyond paying the required …Difficulty 2/5VA specific
- 67.A producer tells an applicant that a health policy pays dividends every year, knowing the policy contains n…Difficulty 1/5VA specific
- 68.An insured under an individual accident and sickness policy has filed written proof of loss and, unhappy wi…Difficulty 2/5VA specific
- 69.A Virginia life insurer is drafting policy language and wants to stay within the prohibited-provisions rule…Difficulty 3/5VA specific
- 70.Under Virginia's reciprocity framework for nonresident insurance consultants, which showing allows a nonres…Difficulty 1/5VA specific
- 71.Under Virginia's group life insurance framework (Va. Code § 38.2-3318.1), which of the following qualifies …Difficulty 2/5VA specific
- 72.A producer holding a Virginia resident license accepts a position with an agency in another state and reloc…Difficulty 2/5VA specific
- 73.A Virginia life policyowner pays a premium after the due date but within the grace period. Under Va. Code §…Difficulty 1/5VA specific
- 74.Years ago, a Virginia producer already received a temporary license following a period of disability. The a…Difficulty 3/5VA specific
- 75.A candidate submits a Virginia producer license application for one line of authority. Which fee will the c…Difficulty 1/5VA specific
- 76.Under the protection afforded by the Virginia Life, Accident and Sickness Insurance Guaranty Association wh…Difficulty 1/5VA specific
- 77.What is the Virginia Family Access to Medical Insurance Security Plan (FAMIS)?Difficulty 1/5VA specific
- 78.A Virginia employee covered under a group health plan leaves for active military service and applies for re…Difficulty 2/5VA specific
- 79.A woman buys a life insurance policy on her business partner and pays the premiums for several years. She l…Difficulty 2/5VA specific
- 80.An insurer terminates a Virginia producer's appointment and notifies the producer. How long does the produc…Difficulty 1/5VA specific
- 81.A producer shows a client two Medicare supplement policies from different insurers that carry the same stan…Difficulty 2/5VA specific
- 82.Virginia regulates how a life insurance policy may be dated and what provisions it may contain. Which state…Difficulty 1/5VA specific
- 83.An insurer's full-time, salaried office manager in Virginia performs executive and clerical work connected …Difficulty 2/5VA specific
- 84.Which statement correctly describes the grace period for an individual life policy under Va. Code § 38.2-3303?Difficulty 2/5VA specific
- 85.The Virginia Bureau of Insurance is examining a producer's business practices and requests the producer's r…Difficulty 1/5VA specific
- 86.A Virginia producer completes a training program sponsored by her own agency and wants to count it toward h…Difficulty 2/5VA specific
- 87.Virginia requires certain uniform provisions in every individual accident and sickness policy under Va. Cod…Difficulty 1/5VA specific
- 88.How does a Medicare SELECT policy differ from other standardized Medicare supplement policies?Difficulty 3/5VA specific
- 89.Under Va. Code § 38.2-3431, how is a 'small employer' defined for Virginia small employer medical plans?Difficulty 1/5VA specific
- 90.A producer's health insurance sales brochure prominently states that the applicant's future claims will be …Difficulty 2/5VA specific
- 91.An applicant is deciding whether to enroll in a Virginia health services plan. Under the disclosure duties …Difficulty 2/5VA specific
- 92.Under Va. Code § 38.2-3106, how long after policy issuance may a Virginia life policy's suicide exclusion a…Difficulty 1/5VA specific
- 93.A Virginia business owner relies on a licensed producer's promises and later argues that the producer's lic…Difficulty 3/5VA specific
- 94.A Virginia life policy includes an optional accidental death benefit rider. After the main policy passes it…Difficulty 3/5VA specific
- 95.Under Virginia's long-term care regulation, what kinds of conditions may a long-term care policy use to tri…Difficulty 2/5VA specific
- 96.A new employee arrives with 14 months of prior employer health coverage and joins a Virginia plan that impo…Difficulty 2/5VA specific
- 97.Under Virginia's health coverage mandate codified in Title 38.2, what dependent coverage must an insurer pr…Difficulty 1/5VA specific
- 98.A licensed Virginia producer arranges her commission income in two ways: splitting a commission with an unl…Difficulty 3/5VA specific
- 99.An owner of a Virginia market value adjusted annuity considers surrendering early and asks what will determ…Difficulty 3/5VA specific
- 100.An insured holds an individual accident and sickness policy issued as guaranteed renewable. Under Virginia'…Difficulty 2/5VA specific