Test your basic knowledge |

Life And Health Insurance Exam

Subject : certifications
Instructions:
  • Answer 50 questions in 15 minutes.
  • If you are not ready to take this test, you can study here.
  • Match each statement with the correct term.
  • Don't refresh. All questions and answers are randomly picked and ordered every time you load a test.

This is a study tool. The 3 wrong answers for each question are randomly chosen from answers to other questions. So, you might find at times the answers obvious, but you will see it re-enforces your understanding as you take the test each time.
1. Medicare






2. Loss of Income Insurance






3. Actual Cash Value (ACV)


4. Annual Statement






5. Cease and Desist Order






6. Nonresident Agent






7. Ancillary






8. Concealment






9. Fixed Annuity






10. Commingling






11. Illustration






12. Reserve






13. Alzheimer's Disease






14. Lapse






15. Medicare Supplement Insurance






16. Buyer's Guide






17. Commissioner (Superintendent - Director)






18. Life Expectancy






19. Terminally Ill






20. Producer






21. Contract






22. Flexible Spending Account (FSA)






23. Buy-Sell Agreement






24. Cafeteria Plan






25. Agency






26. Basic Hospital Expense Insurance






27. Hazard - Physical






28. Actuary






29. Administrator






30. Errors and Omissions Policy (E&O)






31. Paid-Up Insurance






32. Broker






33. Insurer






34. Policy Loan






35. Assignment (Life)






36. Private Insurance






37. Short-Term Disability Insurance






38. Investigative Consumer Report


39. Explanation of Medicare Benefits






40. Consideration Clause






41. Nonforfeiture Values






42. Activities of Daily Living (ADLs)






43. Adult Day Care






44. Supplemental Illustration






45. Mode of Payment






46. Tertiary Beneficiary






47. Fraternal Benefit Societies






48. Boycott






49. Law of Large Numbers






50. Option