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Insurance Licensing Pennsylvania Life, Accident and Health Sample Questions:
1. Rob. Joe. and Mike are brothers who have a $60,000 "first-to-die" joint life policy covering all three of their lives. If Joe dies first, the policy
A) will not provide further Insurance protection.
B) must be shared equally by Rob and Joe's wife.
C) must be awarded to Joe's estate.
D) will accumulate with interest until another brother dies and then be awarded to the surviving brother.
2. [I Intentionally withholding information that should be provided to an insurer is known as
A) misrepresentation.
B) concealment.
C) estoppel
D) twisting.
3. In Pennsylvania, insureds entitled to convert their group insurance to individual coverage must receive notice of their right to convert at least how many days prior to the expiration of those rights?
A) 5
B) 20
C) 15
D) 10
4. A producer that spends insurance premiums received from the consumer for his own personal use. has committed all of the following, EXCEPT
A) premium theft.
B) misappropriation.
C) redlining.
D) fraud.
5. In determining whether a pre-existing condition applies, the enrollee CANNOT have more than how many days" gap in Health insurance?
A) 65
B) 60
C) 70
D) 63
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |


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