Expert Answers to Virginia Insurance Exam Virginia-Life-Annuities-and-Health-Insurance Questions

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Virginia Insurance License Virginia Life, Annuities, and Health Insurance Examination Series 11-01

Virginia Life, Annuities, and Health Insurance Examination Series 11-01

Last Update Apr 20, 2025
Total Questions : 150

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Questions 2

If an agent unknowingly violates insurance laws, what is the maximum aggregate penalty for similar violations occurring?

Options:

$5,000

$7,500

$10,000

$15,000

Discussion 0

Questions 3

When may a person insured under a group term insurance policy exercise the conversion option?

Options:

Never, because group life insurance does not have a conversion privilege

Anytime while insurable and still a member of the insured group

Within 31 days after the person has terminated employment

Anytime after the group contract has existed for five years

Discussion 0

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Questions 4

Ambulatory care centers are most often used by patients who require:

Options:

Physical therapy

Wellness centers

Outpatient surgical procedures

Overnight accommodations

Discussion 0