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Insurance Licensing PA-Life-Accident-and-Health Exam Overview:
| Certification Vendor: | Pennsylvania Insurance Department |
| Exam Name: | Pennsylvania Life, Accident and Health Insurance Agent Examination |
| Exam Number: | PA-Life-Accident-and-Health |
| Passing Score: | 70% |
| Exam Duration: | 170 minutes |
| Exam Format: | Multiple-choice |
| Related Certifications: | Pennsylvania Insurance Producer License - Life, Accident and Health |
| Available Languages: | English |
| Real Exam Qty: | 150 |
| Sample Questions: | Insurance Licensing PA-Life-Accident-and-Health Sample Questions |
| Exam Way: | Computer-based testing available at PSI test centers across Pennsylvania and via PSI Bridge online proctoring for eligible candidates. |
| Pre Condition: | Completion of a state-approved pre-licensing course (24 hours for Life, Accident and Health combined) is required before taking the exam. Fingerprinting and background check are also required for initial licensing. |
| Official Syllabus URL: | https://www.psiexams.com/test-takers/pa-ins-exam |
Insurance Licensing PA-Life-Accident-and-Health Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Specialized Health Insurance for Qualified Individuals | - Medicaid - Long-term care insurance - Medicare - HIPAA | |
| Topic 2: Individual Health Insurance Policy General Provisions | - Uniform required provisions - Other provisions - Optional provisions | |
| Topic 3: Life Insurance Basics | 8% | - Insurable interest - Differences in life insurance policies - Factors in premium determination - Personal uses of life insurance - Premiums - Determining amount of personal life insurance - Licensee responsibilities - Business uses of life insurance - Individual underwriting by the insurer |
| Topic 4: General Insurance | 6% | - Agents and general rules of agency - Concepts - Contracts - Insurers |
| Topic 5: Pennsylvania Statutes, Rules and Regulations Common to Life, Accident and Health | 30% | - Licensing requirements - Unfair trade practices - Agent conduct and trade practices - Penalties and offenses - Pennsylvania Insurance Department |
| Topic 6: Annuities | - Annuity products - Annuity principles and concepts - Annuity taxation | |
| Topic 7: Insurance Regulation | 8% | - Licensing - Federal regulation - State regulation |
| Topic 8: Group Health Insurance | - Group health insurance provisions - Group health insurance plans - Group health insurance concepts | |
| Topic 9: Health Insurance Basics | - Policy provisions and riders - Social insurance - Medical expense insurance - Health insurance concepts - Disability income insurance | |
| Topic 10: Life Insurance Policies | 11% | - Whole life insurance - Group life insurance - Flexible premium policies - Term life insurance - Specialized policies |
Insurance Licensing Pennsylvania Life, Accident and Health Sample Questions:
1. Which is NOT provided by a fixed annuity?
A) Tax-deferred growth.
B) A guaranteed minimum rate of return.
C) Flexible premiums.
D) Protection against inflation.
2. The levels of coverage defined in the Affordable Care Act are
A) Bronze, Silver. Gold, and Platinum.
B) Individual, Parent-Child, Spousal, and Family.
C) Child Only, Limited Benefit Plan, Catastrophic, and Major Medical
D) HMO, EPO, POS, and PPO.
3. Which type of life insurance policy is written under a single contract for both spouses in which it is payable upon the first death?
A) Dual capacity.
B) Survivorship.
C) Joint.
D) Spousal.
4. What is the approach to assessing the consumer's need for life insurance that focuses on an individuals future stream of income?
A) Human Life Value approach
B) Return of Investment approach
C) Needs approach
D) Affordability approach
5. The insurance commissioner may issue a temporary license if the insurance commissioner deems, that the temporary license is necessary for the servicing of an - insurance business in which one of the following cases?
A) A temporary license may be issued to a person who failed the written insurance examination so long as the written examination is passed within 1 year.
B) When a producer dies, a temporary license may be issued to those persons represented by the deceased as well as to inactive or limited business partners.
C) A temporary license may be issued to the surviving spouse of the licensed producer to allow adequate time for the sale of the business.
D) A temporary license is automatically issued to the executor of a deceased licensed insurance producer
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: C |
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