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

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: Sep 12, 2026
  • Q & A: 265 Questions and Answers
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Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam Syllabus Topics:

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

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

Question #1

One factor in premium determination is the expenses of the:

  • A. Policy beneficiary
  • B. Producer
  • C. Insurer
  • D. Policy owner
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #2

A life insurance policy becomes incontestable after it has been in force for:

  • A. 2 years
  • B. 30 days
  • C. 3 years
  • D. 6 months
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #3

(Which statement is true about a term life insurance policy?)

  • A. It usually provides a cash value.
  • B. It provides temporary protection.
  • C. It may be written only for periods of five years or less.
  • D. It usually can be renewed at the same premium.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #4

All of the following are common features found in health maintenance organizations (HMOs) EXCEPT:

  • A. Outpatient medical services
  • B. Discounts on local health spa memberships
  • C. Twenty-four hour access to emergency care
  • D. Wellness programs
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Question #5

Which one of the following life insurance policies is written to insure two or more individuals with the face amount payable upon the death of the first insured?

  • A. Joint and survivorship
  • B. Convertible term
  • C. Modified life
  • D. Joint life
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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