2025 PRACTICE VIRGINIA-LIFE-ANNUITIES-AND-HEALTH-INSURANCE EXAM FEE | TRUSTABLE 100% FREE EXAM VIRGINIA-LIFE-ANNUITIES-AND-HEALTH-INSURANCE PREPARATION

2025 Practice Virginia-Life-Annuities-and-Health-Insurance Exam Fee | Trustable 100% Free Exam Virginia-Life-Annuities-and-Health-Insurance Preparation

2025 Practice Virginia-Life-Annuities-and-Health-Insurance Exam Fee | Trustable 100% Free Exam Virginia-Life-Annuities-and-Health-Insurance Preparation

Blog Article

Tags: Practice Virginia-Life-Annuities-and-Health-Insurance Exam Fee, Exam Virginia-Life-Annuities-and-Health-Insurance Preparation, Virginia-Life-Annuities-and-Health-Insurance Test Simulator Free, Virginia-Life-Annuities-and-Health-Insurance Best Study Material, Virginia-Life-Annuities-and-Health-Insurance New Dumps

We always aim at improving our users’ experiences. You can download the PDF version demo before you buy our Virginia-Life-Annuities-and-Health-Insurance test guide, and briefly have a look at the content and understand the Virginia-Life-Annuities-and-Health-Insurance exam meanwhile. After you know about our Virginia-Life-Annuities-and-Health-Insurance actual questions, you can decide to buy it or not. The process is quiet simple, all you need to do is visit our website and download the free demo. That would save lots of your time, and you’ll be more likely to satisfy with our Virginia-Life-Annuities-and-Health-Insurance Test Guide.

Are you preparing to take the Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Exam Questions? Look no further! TestValid is your go-to resource for comprehensive Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance exam questions to help you pass the exam. With TestValid, you can access a wide range of features designed to provide you with the right resources and guidance for acing the Virginia Life, Annuities, and Health Insurance Examination Series 11-01 (Virginia-Life-Annuities-and-Health-Insurance) Exam. Rest assured that TestValid is committed to ensuring your success in the Virginia-Life-Annuities-and-Health-Insurance exam. Explore the various features offered by TestValid that will guarantee your success in the exam.

>> Practice Virginia-Life-Annuities-and-Health-Insurance Exam Fee <<

Exam Virginia-Life-Annuities-and-Health-Insurance Preparation - Virginia-Life-Annuities-and-Health-Insurance Test Simulator Free

If you purchase our study materials to prepare the Virginia-Life-Annuities-and-Health-Insurance Exam, your passing rate will be much higher than others. Also, the operation of our study material is smooth and flexible and the system is stable and powerful. You can install the Virginia-Life-Annuities-and-Health-Insurance exam guide on your computers, mobile phone and other electronic devices. There are no restrictions to the number equipment you install. In short, it depends on your own choice. We sincerely hope that you can enjoy the good service of our products.

Virginia Insurance Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Sample Questions (Q56-Q61):

NEW QUESTION # 56
What is the agent's primary role in underwriting life insurance?

  • A. Binding coverage immediately without home office approval
  • B. Securing information from the Medical Information Bureau
  • C. Assuring that the application provides proper information to the insurer
  • D. Issuing the policy if all underwriting information is satisfactory

Answer: C

Explanation:
In the underwriting process for life insurance, as governed by Virginia Code § 38.2-1800 et seq., the agent's primary role is to act as a field underwriter, ensuring the application provides accurate and complete information to the insurer (option A). This includes collecting personal data (e.g., age, health history) and verifying its correctness-e.g., asking about smoking habits or past surgeries-to enable the home office underwriter to assess risk properly. Option B (binding coverage immediately) is incorrect; agents typically lack authority to bind life insurance without insurer approval, unlike some property/casualty lines, unless a conditional receipt with premium is issued (Virginia Code § 38.2-3106), which isn't "immediate" or primary.
Option C (issuing the policy) is false; only the insurer's home office issues policies after underwriting approval, not the agent. Option D (securing MIB information) is an underwriter's task; agents don't directly access the Medical Information Bureau-though they may note MIB codes if disclosed, their role is data collection, not retrieval. The study guide likely emphasizes the agent's frontline duty with examples-e.g., ensuring a 45-year-old applicant discloses diabetes-making A the primary role, aligning with Virginia's agency framework where agents facilitate, not finalize, underwriting.


NEW QUESTION # 57
The interest that an insurance company earns on life insurance premiums paid helps to:

  • A. Increase the mortality rate
  • B. Decrease the mortality rate
  • C. Decrease the life insurance premium rate
  • D. Increase the life insurance premium rate

Answer: C

Explanation:
Detailed Answer in Step-by-Step Solution:
* Life insurance premiums are calculated based on three factors: mortality (death rates), interest (investment earnings), and expenses (operating costs).
* When an insurer earns interest on premiums invested, it increases the funds available to pay claims, reducing the amount needed from policyholders.
* This results in a decrease in the premium rate (C), as higher interest earnings offset the cost of coverage.
* Option A (increase premium rate) would occur if interest earnings decreased.
* Options B and D (mortality rate changes) are unrelated to interest, as mortality is a statistical factor, not a financial one.
The Virginia study guide explains that interest earned on premiums is a key component of pricing life insurance, allowing insurers to lower premium rates when investment returns are favorable. Reference:
Virginia Life, Annuities, and Health Insurance study guide, section on "Premium Determination."


NEW QUESTION # 58
Which expenses are covered by Medicare Part D?

  • A. Medical
  • B. Hospital
  • C. Dental
  • D. Prescription drug

Answer: D

Explanation:
Detailed Answer in Step-by-Step Solution:
* Medicare Part D (C) specifically covers prescription drug costs for enrollees.
* Medical expenses (A) are under Part B, hospital costs (B) under Part A, and dental (D) is generally not covered by Medicare unless supplemental.
The Virginia study guide states that Medicare Part D, introduced in 2006, provides prescription drug coverage through private plans, distinct from Parts A and B. Reference: Virginia Life, Annuities, and Health Insurance study guide, section on "Medicare."


NEW QUESTION # 59
When the employer pays the premium, covered individuals normally receive tax-free benefits under all of the following group health plans EXCEPT:

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

Answer: C

Explanation:
Detailed Answer in Step-by-Step Solution:
* Employer-paid premiums for group health plans like major medical (B), dental (C), and HMOs (D) result in tax-free benefits under IRC Section 106.
* Disability income (A) benefits are taxable if the employer pays the premium, per IRS rules, unlike medical benefits.
The Virginia study guide, aligned with IRS regulations, notes that employer-funded disability income benefits are taxable to the recipient, while medical, dental, and HMO benefits remain tax-free. Reference: Virginia Life, Annuities, and Health Insurance study guide, section on "Taxation of Insurance Benefits."


NEW QUESTION # 60
A health maintenance organization (HMO) must offer emergency health services:

  • A. Sixteen hours a day, seven days per week
  • B. Twenty-four hours a day, six days per week
  • C. Sixteen hours a day, six days per week
  • D. Twenty-four hours a day, seven days per week

Answer: D

Explanation:
Virginia Code § 38.2-4306 mandates that Health Maintenance Organizations (HMOs) provide comprehensive health services, including emergency care, as a core benefit. Emergency services must be available 24 hours a day, 7 days a week (option D) to ensure immediate access to life-saving treatment, aligning with federal and state standards (e.g., ACA requirements under 42 CFR § 422.113). This reflects the HMO's obligation to cover urgent needs-e.g., a heart attack at 2 a.m.-via in-network facilities or out-of-network reimbursement if necessary. Option A (16 hours, 6 days) and Option B (16 hours, 7 days) fall short of the continuous access requirement, limiting coverage unreasonably. Option C (24 hours, 6 days) excludes one day, contradicting the nonstop mandate. The study guide likely emphasizes this 24/7 rule in an HMO benefits section, with examples like ER visits covered anytime, making D the correct standard. This ensures HMOs meet Virginia's consumer protection goals under § 38.2-4300 et seq., distinguishing them from less comprehensive plans.


NEW QUESTION # 61
......

Our products are compiled by experts from various industries and they are based on the true problems of the past years and the development trend of the industry. What's more, according to the development of the time, we will send the updated materials of Virginia-Life-Annuities-and-Health-Insurance test prep to the customers soon if we update the products. Under the guidance of our study materials, you can gain unexpected knowledge. Finally, you will pass the exam and get a Virginia-Life-Annuities-and-Health-Insurance Certification. Customers can learn according to their actual situation and it is flexible. Next I will introduce the advantages of our Virginia-Life-Annuities-and-Health-Insurance test prep so that you can enjoy our products.

Exam Virginia-Life-Annuities-and-Health-Insurance Preparation: https://www.testvalid.com/Virginia-Life-Annuities-and-Health-Insurance-exam-collection.html

All the necessary points have been mentioned in our Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Virginia-Life-Annuities-and-Health-Insurance practice engine particularly, The Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance questions certificates are the most sought-after qualifications for those looking to further their careers in the business, Virginia Insurance Practice Virginia-Life-Annuities-and-Health-Insurance Exam Fee Some of the key points to be noted for achieving extraordinary success in are, Once take Exam Virginia-Life-Annuities-and-Health-Insurance Preparation Exam Virginia-Life-Annuities-and-Health-Insurance Preparation - Virginia Life, Annuities, and Health Insurance Examination Series 11-01 latest vce pdf that certification is in your pocket.

Increased delivery throughput, Suppose that Chris is the business expert in the group, All the necessary points have been mentioned in our Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Virginia-Life-Annuities-and-Health-Insurance Practice Engine particularly.

The Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance questions certificates are the most sought-after qualifications for those looking to further their careers in the business, Some of the key points to be noted for achieving extraordinary success in are.

Free PDF Quiz 2025 Virginia Insurance Reliable Virginia-Life-Annuities-and-Health-Insurance: Practice Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Exam Fee

Once take Virginia Insurance License Virginia Life, Annuities, and Health Insurance Examination Series 11-01 latest vce pdf that Virginia-Life-Annuities-and-Health-Insurance certification is in your pocket, Including the key points about the Virginia Life, Annuities, and Health Insurance Examination Series 11-01 exam training torrent.

Report this page