Prepare with Insurance Licensing PA-Life-Accident-and-Health exam torrent, pass for sure

Last Updated: Jul 04, 2026

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Insurance Licensing PA-Life-Accident-and-Health Practice Q&A's

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Insurance Licensing Pennsylvania Life, Accident and Health Sample Questions:

1. An insured named her four children as beneficiaries in equal shares to her $60,000 life insurance policy. Her eldest child has two children and dies prior to the insured. The other three children do not have children of their own. If the insured designated the beneficiaries per capita, how will the proceeds be distributed?

A) The three surviving children will each receive $15,000.
B) The three surviving children will each receive $15,000. The insured's grandchildren will each receive
$7,500.
C) The three surviving children will each receive $20,000.
D) The three surviving children will each receive $15,000. The remaining $15,000 will be paid to the insured's estate.


2. A producer's fiduciary responsibility includes which of the following activities?

A) Guaranteeing payment to insureds for losses covered by policies that the producer sold.
B) Recording the receipt and remitting of premiums due to an Insurer.
C) Providing needed insurance to prospective insureds through any sources that are available.
D) Property remunerating persons who furnish leads on prospects.


3. What is the annuity payment option that provides an income for a guaranteed period of time whether or not the annuitant is alive?

A) Period certain
B) Life income
C) Joint and survivor
D) Refund life


4. All of the following factors are used in determining premiums EXCEPT

A) liquidity.
B) mortality.
C) expense.
D) interest


5. Which of the following policies generally does NOT have a cash value?

A) endowment
B) variable life
C) term
D) straight life


Solutions:

Question # 1
Answer: C
Question # 2
Answer: B
Question # 3
Answer: A
Question # 4
Answer: A
Question # 5
Answer: C

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