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

Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam Questions
  • 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: Oct 07, 2026
  • Q & A: 265 Questions and Answers
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Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo exam demo

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

SectionWeightObjectives
Life Insurance Basics and Policies25%- Policy provisions, riders, and options
- Types of life insurance: term, whole, universal, variable
- Beneficiaries, claims, and settlement options
General Insurance Concepts15%- Underwriting, premium calculation, and taxation
- Contract law and principles
- Insurable interest and risk management
Insurance Regulation30%- State insurance laws and Maryland regulations
- Ethics, unfair trade practices, and consumer protection
- Policy delivery, replacement rules, and disclosure
- Licensing requirements and procedures
Accident and Health / Sickness Insurance20%- Health insurance basics and policy provisions
- HMO, PPO, group vs individual coverage
- Disability income, medical expense, and long-term care
- Mandatory benefits and state-specific health rules
Annuities and Retirement Products10%- Tax treatment and suitability standards
- Fixed, indexed, and variable annuities

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

Question #1

A company's universal life insurance policy must disclose the:

  • A. Maximum face amount an individual can purchase
  • B. Availability of riders
  • C. Meaning of a corridor
  • D. Surrender charges of the policy
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #2

What must the insurer provide to certificate holders when a group Medicare Supplement insurance policy is terminated and not replaced?

  • A. An offer of continuation coverage
  • B. A buyer's guide to Medicare Part B
  • C. An offer of membership in another group
  • D. An offer of conversion to individual coverage
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #3

Which expenses are covered by Medicare Part D?

  • A. Medical
  • B. Hospital
  • C. Dental
  • D. Prescription drug
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

Which activity requires an individual to be licensed as an adviser, rather than as a producer?

  • A. Charging a fee for contracted insurance advisory services
  • B. Giving advice on policy coverages to an insured
  • C. Receiving commissions from an insurance company
  • D. Binding insurance coverage with licensed insurers
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #5

An individual purchased an annuity with a series of premium payments continuing over a period of twenty years. The purchase payments were made during the:

  • A. Annuity period
  • B. Liquidation period
  • C. Accumulation period
  • D. Period certain
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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