Virginia Insurance Regulations Practice Questions — Page 3 of 5
225 free Virginia-specific insurance regulation questions for the Virginia Life & Health exam — page 3.
- 101.A lapsed life policyowner mails only the overdue premium to the insurer, with no application and no evidenc…Difficulty 3/5VA specific
- 102.A Virginia insurer files a producer appointment that turns out to be invalid. Within how many business days…Difficulty 1/5VA specific
- 103.Under Virginia's group insurance provisions (Va. Code § 38.2-3521.1), which of the following may constitute…Difficulty 1/5VA specific
- 104.A producer in Virginia explains an accelerated benefit rider to an applicant. Under the Virginia disclosure…Difficulty 2/5VA specific
- 105.As part of applying for a Virginia insurance producer license, what does Virginia law provide regarding leg…Difficulty 2/5VA specific
- 106.Which of the following uses of information collected in connection with a Virginia insurance transaction vi…Difficulty 3/5VA specific
- 107.A producer is preparing to replace a client's existing individual health policy with a newly offered one. U…Difficulty 2/5VA specific
- 108.A Virginia man named his wife as the sole beneficiary of his life policy. They later divorced, and he never…Difficulty 2/5VA specific
- 109.A Virginia parent with uninsured children seeks help. The family's income is above the Medicaid limits, and…Difficulty 2/5VA specific
- 110.Under Virginia's payment-of-premiums rule for individual life policies, when are premium payments due under…Difficulty 1/5VA specific
- 111.A Virginia small employer counts its workforce to determine its status under Va. Code § 38.2-3431. Which wo…Difficulty 2/5VA specific
- 112.Under Virginia law, what must a person obtain before acting as a viatical settlement broker or soliciting a…Difficulty 1/5VA specific
- 113.Which of the following constitutes illegal rebating under Virginia insurance law?Difficulty 1/5VA specific
- 114.Under Virginia's suitability rules for annuity transactions (14VAC5-45 of the Virginia Administrative Code)…Difficulty 1/5VA specific
- 115.An insured bought disability income policies from two insurers, and the combined monthly benefit exceeds th…Difficulty 3/5VA specific
- 116.Several Virginia agencies agree among themselves that none will place business with a newly formed insurer …Difficulty 2/5VA specific
- 117.A Virginia policyowner applies to reinstate a lapsed life policy within the statutory window. Under Va. Cod…Difficulty 2/5VA specific
- 118.A Virginia insurance producer is charged with a felony. No conviction has occurred yet. What does Virginia …Difficulty 2/5VA specific
- 119.A Virginia licensee commits a violation of the insurance laws and knew, or reasonably should have known, of…Difficulty 1/5VA specific
- 120.A Virginia producer holds licenses for two types of insurance. What continuing education requirement applie…Difficulty 2/5VA specific
- 121.Under Va. Code § 38.2-604, an insurer must provide individuals with a notice of its information practices. …Difficulty 1/5VA specific
- 122.Under Virginia law, what is the outside deadline for the Commission to issue a resident license that requir…Difficulty 1/5VA specific
- 123.A Virginia policyholder's newborn daughter is diagnosed with a congenital heart defect shortly after birth.…Difficulty 2/5VA specific
- 124.A Virginia employer is NOT subject to the federal COBRA continuation framework. Under Va. Code § 38.2-3541,…Difficulty 1/5VA specific
- 125.A consultant holds a Virginia nonresident consultant license issued under Virginia's reciprocity rules. The…Difficulty 2/5VA specific
- 126.An insured under an individual accident and sickness policy dies without having designated a beneficiary, a…Difficulty 2/5VA specific
- 127.Under Virginia law, interest on life insurance death benefits payable to a beneficiary begins to accrue on …Difficulty 1/5VA specific
- 128.Under Virginia law, an insurer wants to pay a commission on the sale of a life insurance policy. To whom ma…Difficulty 1/5VA specific
- 129.A Virginia Medicare supplement policyholder has paid premiums for years without a lapse in coverage. The in…Difficulty 2/5VA specific
- 130.An agent is asked whether a client should buy a qualified or a nonqualified long-term care policy. Under Vi…Difficulty 2/5VA specific
- 131.Years ago, an individual obtained a temporary life and health producer license in Virginia following a rela…Difficulty 2/5VA specific
- 132.Under Virginia's rules governing advertisements of life insurance and annuities, what is the baseline stand…Difficulty 1/5VA specific
- 133.An employee dropped his daughter from his Virginia health plan when she lost eligibility. She has again bec…Difficulty 2/5VA specific
- 134.Under Virginia's provisions governing adverse underwriting decisions, when an insurer declines an applicant…Difficulty 1/5VA specific
- 135.A producer is reviewing the exclusions page of a long-term care policy with a client. Under Virginia's long…Difficulty 3/5VA specific
- 136.Under Virginia's mini-COBRA statute (Va. Code § 38.2-3541), what premium may be charged for continuation co…Difficulty 2/5VA specific
- 137.A new owner of an individual accident and sickness policy reviews the coverage and decides not to keep it. …Difficulty 1/5VA specific
- 138.A covered employee's son passes the plan's dependent age limit while incapable of self-sustaining employmen…Difficulty 3/5VA specific
- 139.A Virginia licensed producer moves to a new apartment across town. Within how many days must the producer r…Difficulty 1/5VA specific
- 140.An insurer wants to include an HIV-related test as part of the underwriting for a life insurance applicatio…Difficulty 1/5VA specific
- 141.A life policy in Virginia has passed its contestability period. The insurer discovers the policyowner stopp…Difficulty 2/5VA specific
- 142.Under Virginia insurance licensing law, which of the following is excluded from the definition of a 'busine…Difficulty 1/5VA specific
- 143.Under Virginia law, how is a 'health services plan' best characterized among the arrangements supervised by…Difficulty 1/5VA specific
- 144.Which applicant may qualify for an exemption from the prelicensing examination requirement for a Virginia p…Difficulty 2/5VA specific
- 145.Virginia's policy-loan framework — Va. Code § 38.2-3308 together with § 38.2-3113.3 — is best described as:Difficulty 2/5VA specific
- 146.After underwriting an individual health application, an insurer holds the applicant's HIV test result. The …Difficulty 2/5VA specific
- 147.A Virginia producer routinely deposits clients' premium payments into his personal checking account and dra…Difficulty 2/5VA specific
- 148.A policyowner signs an assignment giving a lender an interest in his life insurance policy as loan collater…Difficulty 2/5VA specific
- 149.An insurer receives written proof of loss on an individual accident and sickness claim and pays the benefit…Difficulty 3/5VA specific
- 150.An insurer has collected personal and privileged information about an applicant during underwriting. Under …Difficulty 2/5VA specific