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Insurance Licensing Life and Accident and Health or Sickness Producer - Combo Series 20-30 Sample Questions:
1. Which expenses are covered by Medicare Part D?
A) Dental
B) Medical
C) Prescription drug
D) Hospital
2. A nonprofit health service plan may NOT issue a contract that covers which of the following types of benefits?
A) Dental benefits
B) Vision benefits
C) Disability income benefits
D) Medical expense benefits
3. What occurs when money is transferred directly from one IRA into another IRA of the same type?
A) A required distribution
B) A taxable event
C) A nontaxable event
D) A premature distribution
4. A disability income insurance policy typically provides coverage for disabilities resulting from:
A) Sickness only
B) Occupational accidents only
C) Both accidents and sickness
D) Accidents only
5. The income benefits distributed during the payout phase of an annuity contract are normally payable to:
A) The owner
B) The annuitant
C) The nominator
D) The beneficiary
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: B |
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