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Virginia Insurance Regulations Practice Questions — Page 5 of 5

225 free Virginia-specific insurance regulation questions for the Virginia Life & Health exam — page 5.

  1. 101.Under Virginia law, when does an assignment of an individual life insurance policy become binding on the in…
    Difficulty 1/5VA specific
  2. 102.An insured returns an individual accident and sickness policy within the right-to-examine period, and the i…
    Difficulty 2/5VA specific
  3. 103.Under Va. Code § 38.2-3303, what minimum grace period must an individual life insurance policy in Virginia …
    Difficulty 1/5VA specific
  4. 104.Which state authority administers and enforces Virginia's insurance information and privacy protection prov…
    Difficulty 1/5VA specific
  5. 105.Under Va. Code § 38.2-3301, how long does a Virginia life insurance policyowner have after receiving the po…
    Difficulty 1/5VA specific
  6. 106.Which statement best describes how variable life insurance and variable annuities are regulated for sale in…
    Difficulty 1/5VA specific
  7. 107.A licensed Virginia producer offers her neighbor a $100 payment for every new life insurance client the nei…
    Difficulty 2/5VA specific
  8. 108.A producer offers to have an applicant's life insurance policy dated several months earlier so the applican…
    Difficulty 2/5VA specific
  9. 109.Under Virginia's rules governing the replacement of health insurance, what must the replacing producer do w…
    Difficulty 1/5VA specific
  10. 110.An agent independently designs a flashy mailer about a life policy he sells, using his own wording and layo…
    Difficulty 2/5VA specific
  11. 111.A producer recommends an annuity to a retired consumer in Virginia without asking about her income, assets,…
    Difficulty 2/5VA specific
  12. 112.Under Va. Code § 38.2-3106, does the mental state of the insured at the time of suicide matter for the excl…
    Difficulty 2/5VA specific
  13. 113.A life insurance advertisement contains only literally accurate statements, but its layout and selective em…
    Difficulty 3/5VA specific
  14. 114.A policyholder with a Virginia participating whole life policy asks her producer about her dividend options…
    Difficulty 2/5VA specific
  15. 115.A Virginia policyowner wants to pay her new life policy's premiums monthly, but the producer tells her the …
    Difficulty 2/5VA specific
  16. 116.Virginia regulates the advertising of accident and sickness insurance through administrative rules. What is…
    Difficulty 1/5VA specific
  17. 117.A Virginia licensee violates an insurance provision without knowing of the violation and without any reason…
    Difficulty 1/5VA specific
  18. 118.In Virginia, what distinguishes a qualified long-term care insurance policy from a nonqualified one?
    Difficulty 1/5VA specific
  19. 119.A Virginia insurer receives an appointment request for a producer and discovers that the producer does not …
    Difficulty 2/5VA specific
  20. 120.For which of the following may the Commission suspend or revoke a Virginia producer's license?
    Difficulty 2/5VA specific
  21. 121.How long is the free-look period during which a Medicare supplement policyholder in Virginia may return the…
    Difficulty 1/5VA specific
  22. 122.A Virginia producer wants to share an applicant's health information with a third-party marketing firm that…
    Difficulty 1/5VA specific
  23. 123.An individual accident and sickness policy in Virginia has premiums payable monthly. Under Va. Code § 38.2-…
    Difficulty 1/5VA specific
  24. 124.An application for a long-term care policy in Virginia discloses a condition that was treated during the lo…
    Difficulty 2/5VA specific
  25. 125.Which body holds general supervisory authority over Virginia's insurance business, including oversight of t…
    Difficulty 1/5VA specific