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Updated: Sep 01, 2025

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

1. Which is a lawful cause for cancellation of an individual long-term care insurance policy by the insurer?

A) Nonpayment of premium
B) Insurer insolvency
C) Nuisance claims
D) Medicaid eligibility


2. What is the primary role of medical expense and disability insurance?

A) Provision for dismemberment benefits
B) Protection against the costs of medical care and the loss of earning power
C) Payment of death benefits
D) Payment for rehabilitation costs following a life-threatening injury


3. When the employer pays the premium, covered individuals normally receive tax-free benefits under all of the following group health plans EXCEPT:

A) Dental
B) Disability income
C) Major medical
D) Health maintenance organization


4. Which of the following statements is true regarding an insurance agent's license?

A) It authorizes the agent to transact insurance until otherwise terminated, suspended, or revoked.
B) A separate license must be issued for each insurer the agent represents.
C) It must be renewed annually.
D) The license fee is paid to the insurance company.


5. Which of the following terms may NOT be used in the advertisement of Accident and Sickness Insurance?

A) Pre-existing conditions
B) Exclusions
C) Reductions
D) Unlimited Benefits


Solutions:

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

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