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Last Updated: Sep 10, 2026

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

SectionObjectives
Topic 1: Life Insurance- Policy provisions and riders
  • 1. Beneficiaries and settlements
    • 2. Policy loans and dividends
      - Life insurance policies
      • 1. Term life insurance
        • 2. Universal life insurance
          • 3. Whole life insurance
            Topic 2: State Law and Regulations- Insurance producer regulations
            • 1. Licensing requirements
              • 2. Ethics and fiduciary duties
                Topic 3: Accident and Health Insurance- Health insurance types
                • 1. Disability income insurance
                  • 2. Long-term care insurance
                    • 3. Medical expense insurance
                      - Policy provisions
                      • 1. Coordination of benefits
                        • 2. Exclusions and limitations
                          Topic 4: General Insurance Concepts- Insurance principles and risk management
                          • 1. Insurance contract fundamentals
                            • 2. Risk types and management methods

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

                              Question #1

                              Who has the right to change the beneficiary of an accident and health policy with a revocable beneficiary designation?

                              • A. The beneficiary
                              • B. The policyowner
                              • C. The insurer
                              • D. The producer
                              Answer: B

                              Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).

                              Question #2

                              When a wage earner dies, the surviving family members may have all of the following expenses EXCEPT:

                              • A. Unemployment tax liabilities
                              • B. Family living expenses
                              • C. Death taxes
                              • D. Final expenses
                              Answer: A

                              Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).

                              Question #3

                              All of the following are true of insurance EXCEPT:

                              • A. It transfers risk
                              • B. It is a means of sharing losses
                              • C. It eliminates risk
                              • D. It protects against uncertainty
                              Answer: C

                              Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).

                              Question #4

                              The provision in a life insurance policy that allows the policyowner to cancel the policy within a limited period of time after delivery of the policy and receive a full premium refund is the:

                              • A. Probationary period
                              • B. Discovery period
                              • C. Free look period
                              • D. Grace period
                              Answer: C

                              Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).

                              Question #5

                              A disability income insurance policy typically provides coverage for disabilities resulting from:

                              • A. Accidents only
                              • B. Sickness only
                              • C. Both accidents and sickness
                              • D. Occupational accidents only
                              Answer: C

                              Explanation: Only visible for itPass4sure members. You can sign-up / login (it's free).

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