Higher Test Marks with Free Online PA-Life-Accident-and-Health Exam Practice

Assess the CertsIQ’s updated PA-Life-Accident-and-Health exam questions for free online practice of your Pennsylvania PA Life Accident and Health test. Our Series 16-03 PA Life Accident and Health dumps questions will enhance your chances of passing the Pennsylvania Insurance Licensing (PAIN) certification exam with higher marks.

Question 1

When selling an insurance policy in Pennsylvania, the producer must do all of the following EXCEPT

Options :

A : submit premiums within the normal course of business.

B : emphasize the benefits of the Guaranty Association.

C : protect any non-public or personal information about the applicant

D : provide a notice of information practices to applicants.

Answer: B

Question 2

What are the tax implications of an insured's health insurance costs if the insured is self employed with an S

corporation, has a net profit for the tax year, and is unmarried?

Options :

A : The insured can pay for 100% of health insurance costs with pre-tax income.

B : The insured can deduct 70% of all health insurance costs from his gross income.

C : The insured can deduct 100% of all health insurance costs from his gross income.

D : The insured can pay for 70% of health insurance costs with pre-tax income.

Answer: C

Question 3

In Pennsylvania, the Time Limit on Certain Defenses Provision provides that no statement can be used to

deny a claim on an accident and health policy after

Options :

A : 7 years.

B : 3 years.

C : 5 years.

D : 1 year.

Answer: B

Question 4

An Insurer, in general business practice, fails to promptly provide a reasonable explanation for the denial of a

claim. This is considered to be

Options :

A : a contractual liability.

B : an unfair claim settlement practice.

C : a violation of the grace period provision.

D : a fraudulent insurance act.

Answer: B

Question 5

She has a $200,000 whole life policy with a $50,000 cash value. She wishes to borrow $30,000 for the

purchase of a new van. Which of the following is TRUE in this situation?

Options :

A : Loans can only be taken for hardship situations.

B : Whole life policies do not have any loan provisions.

C : This type of loan is interest free.

D : If the loan is not repaid, the net death will be reduced

Answer: D