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Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam Syllabus Topics:

SectionObjectives
Federal Regulations and Taxation- Tax treatment of insurance products
- Federal insurance-related regulations
Ethics and Professional Conduct- Consumer protection standards
- Ethical responsibilities of insurance producers
Annuities- Annuity types and features
- Accumulation and payout options
Accident and Health Insurance- Health insurance plans and structures
- Disability income and medical expense coverage
State Insurance Regulations- Unfair trade practices and compliance
- Producer licensing requirements
Life Insurance- Types of life insurance policies
  • 1. Term life insurance
    • 2. Whole life insurance
      • 3. Universal life insurance
        - Life policy provisions and riders
        Policy Provisions and Options- Standard policy provisions
        - Beneficiaries and policy ownership
        Insurance Fundamentals- Basic insurance principles
        - Insurable interest and risk management concepts

        Insurance Licensing Life and Accident and Health or Sickness Producer - Combo Series 20-30 Sample Questions:

        When an accident and health insurer requires a covered individual to undergo a physical examination, who pays the cost of the examination?

        • A. The premium payor
        • B. The insurer
        • C. The principal insured individual
        • D. The patient or parent of the patient
        Reveal Solution  Discussion  0

        Correct Answer: B  🗳️

        Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).

        All of the following are elements of an insurable risk EXCEPT:

        • A. An ability to measure the loss
        • B. Accidental loss
        • C. A large number of similar units
        • D. Speculative risk
        Reveal Solution  Discussion  0

        Correct Answer: D  🗳️

        Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).

        (Which annuity pays a monthly benefit that begins approximately one month after issuance?)

        • A. A survivorship annuity
        • B. A retirement annuity
        • C. A retirement income policy
        • D. An immediate annuity
        Reveal Solution  Discussion  0

        Correct Answer: D  🗳️

        Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).

        Coverage for the first three pints of blood for Medicare enrollees is:

        • A. A Medicare Supplement additional benefit
        • B. A Medicare Part A benefit
        • C. A Medicare Part B benefit
        • D. A Medicare Supplement core benefit
        Reveal Solution  Discussion  0

        Correct Answer: D  🗳️

        Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).

        A health maintenance organization (HMO) must provide coverage for all of the following EXCEPT:

        • A. Routine physical examinations
        • B. Well-baby or well-child care
        • C. Dental and vision care
        • D. Emergency services
        Reveal Solution  Discussion  0

        Correct Answer: C  🗳️

        Explanation: Only visible for Lead1Pass members. You can sign-up / login (it's free).

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