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

Life-and-Accident-and-Health-or-Sickness-Producer-Combo real exams

Exam Code: Life-and-Accident-and-Health-or-Sickness-Producer-Combo

Exam Name: Life and Accident and Health or Sickness Producer - Combo Series 20-30

Updated: Sep 28, 2026

Q & A: 265 Questions and Answers

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

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

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

                              Question #1

                              Which benefit is usually excluded from accident and health plan coverage?

                              • A. Surgical expense
                              • B. Hospital expense
                              • C. Custodial care
                              • D. Physicians' visits
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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

                              Question #2

                              All of the following are examples of unfair claims settlement practices EXCEPT:

                              • A. Misrepresenting pertinent facts of coverage
                              • B. Refusing arbitrarily and unreasonably to pay claims
                              • C. Denying unsubstantiated claims on a timely basis
                              • D. Failing to promptly provide a reason for a claim denial
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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

                              Question #3

                              An insurance producer who conducts business under an assumed or fictitious name must:

                              • A. File the name with the Insurance Administration
                              • B. Post a $10,000 bond
                              • C. Apply for an additional appointment
                              • D. Apply for an additional license
                              Reveal Solution  Discussion  0

                              Correct Answer: A  🗳️

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                              Question #4

                              If the owner makes a withdrawal from a tax-sheltered annuity, or TSA, at age 56, the amount of federal taxes owed normally will be:

                              • A. Only the usual tax on ordinary income
                              • B. Only 10% of the amount withdrawn
                              • C. The usual tax on ordinary income, plus 10% of the amount withdrawn
                              • D. Nothing, since under a qualified plan the taxes are deferred
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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

                              Question #5

                              Based on the law of large numbers, which one of the following is true if the number of similar insured units increases?

                              • A. The number of losses decreases
                              • B. Losses of specific individuals can be predicted
                              • C. Predictability of losses improves
                              • D. Predictability of losses is impaired
                              Reveal Solution  Discussion  0

                              Correct Answer: C  🗳️

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

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