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Insurance Licensing PA-Life-Accident-and-Health Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Individual Health Insurance Policy General Provisions | - Optional provisions - Other provisions - Uniform required provisions | |
| Life Insurance Basics | 8% | - Insurable interest - Premiums - Determining amount of personal life insurance - Business uses of life insurance - Individual underwriting by the insurer - Differences in life insurance policies - Personal uses of life insurance - Licensee responsibilities - Factors in premium determination |
| Insurance Regulation | 8% | - Federal regulation - Licensing - State regulation |
| Annuities | - Annuity taxation - Annuity principles and concepts - Annuity products | |
| Group Health Insurance | - Group health insurance concepts - Group health insurance provisions - Group health insurance plans | |
| General Insurance | 6% | - Insurers - Concepts - Contracts - Agents and general rules of agency |
| Health Insurance Basics | - Policy provisions and riders - Disability income insurance - Medical expense insurance - Social insurance - Health insurance concepts | |
| Specialized Health Insurance for Qualified Individuals | - HIPAA - Medicaid - Medicare - Long-term care insurance | |
| Life Insurance Policies | 11% | - Whole life insurance - Term life insurance - Specialized policies - Group life insurance - Flexible premium policies |
| Pennsylvania Statutes, Rules and Regulations Common to Life, Accident and Health | 30% | - Unfair trade practices - Penalties and offenses - Pennsylvania Insurance Department - Agent conduct and trade practices - Licensing requirements |
Insurance Licensing Pennsylvania Life, Accident and Health Sample Questions:
1. Nearly every life insurer in the United States belongs to the
A) Securities Exchange Commission.
B) Centers for Medicare and Medicaid Services.
C) National Association of Insurance Commissioners.
D) Medical Information Bureau.
2. Pennsylvania law requires all persons holding a resident producer license to notify the Insurance Department of a telephone number change within how many days?
A) 30
B) 60
C) 45
D) 15
3. All of the following statements apply to the child coverage in a family policy EXCEPT
A) children are covered until reaching a specified age.
B) child coverage is convertible to whole life coverage.
C) coverage applies only to children born before the policy is issued.
D) child coverage is term insurance.
4. Within how many days does the free-look provision allow the insured the right to return a long-term care policy for full premium?
A) 10
B) 30
C) 15
D) 5
5. 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) must be awarded to Joe's estate.
B) will not provide further Insurance protection.
C) will accumulate with interest until another brother dies and then be awarded to the surviving brother.
D) must be shared equally by Rob and Joe's wife.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: B |








