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Insurance Licensing Updated Virginia-Life-Annuities-and-Health-Insurance Exam Questions and Answers by matthias

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Insurance Licensing Virginia-Life-Annuities-and-Health-Insurance Exam Overview :

Exam Name: Virginia Life, Annuities, and Health Insurance Examination Series 11-01
Exam Code: Virginia-Life-Annuities-and-Health-Insurance Dumps
Vendor: Insurance Licensing Certification: Virginia Insurance License
Questions: 150 Q&A's Shared By: matthias
Question 76

(Benefit payments under a joint and survivor annuity normally continue until the death of:)

Options:

A.

Both annuitants

B.

One annuitant

C.

All beneficiaries

D.

One beneficiary

Discussion
Question 77

The length of time for which claims will be paid under a long-term care insurance policy is known as:

Options:

A.

The benefit period

B.

The hospitalization period

C.

The elimination period

D.

The recovery period

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Question 78

What kind of rider may be added to an individual disability income insurance policy to increase benefits during periods of price inflation?

Options:

A.

Inflation guard

B.

Cost of living

C.

Price escalation

D.

Wage protection

Discussion
Question 79

(The State Corporation Commission may suspend an agent's license when the agent:)

Options:

A.

Changes a premium trust account location without notifying the State Corporation Commission

B.

Rebates a portion of the commission to the insured

C.

Shares commissions with similarly licensed agents

D.

Fails to report annual commission earnings to the State Corporation Commission

Discussion
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