Real Insurance Licensing PA-Life-Accident-and-Health practice exam questions for easy pass!
Last Updated: Aug 01, 2026
No. of Questions: 162 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Pennsylvania Insurance Laws and Regulations | 15-20% | - Unfair trade practices - State licensing requirements - Consumer protection rules - Continuing education requirements - Policy forms and approval |
| Ethics and Professional Conduct | 10-15% | - Fiduciary duties - Privacy and confidentiality - Disclosure requirements - Suitability standards |
| Annuities | 10-15% | - Indexed annuities - Fixed and variable annuities - Annuitization options - Taxation of annuities |
| General Insurance Concepts | 10-15% | - Agent authority and responsibilities - Risk and insurance principles - Insurance contract law - Insurable interest |
| Life Insurance | 30-35% | - Types of life insurance policies
- Policy loans and cash values - Group life insurance - Settlement options - Policy provisions and riders |
| Accident and Health Insurance | 30-35% | - Health insurance basics - Accident insurance - Major medical policies - Group health insurance - Policy provisions and exclusions - Disability income insurance - Medical expense plans |
1. If an insured policyowner has a catastrophic or life threatening illness, how much money is the policyowner entitled to get from his or her viatical settlement provider?
A) less than the face value of the life insurance policy
B) one and a half times the face value of the life Insurance policy
C) the face value of the life insurance policy
D) one and one eighth times the face value of the life insurance policy
2. All of the following factors are used in determining premiums EXCEPT
A) liquidity.
B) expense.
C) mortality.
D) interest
3. Dividends are NOT subject to taxation because they are
A) considered prepaid policyowner equity.
B) equivalent to returning a premium.
C) considered cash value reductions of policy death benefit proceeds.
D) a guaranteed policy benefit.
4. In determining whether a pre-existing condition applies, the enrollee CANNOT have more than how many days" gap in Health insurance?
A) 60
B) 63
C) 70
D) 65
5. Long-term care policies may NOT exclude
A) organic cognitive disorders.
B) treatment payable by workers' compensation.
C) treatment caused by participation in criminal activities.
D) alcoholism and drug addiction.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: A |
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