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

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 2

A Key Person Disability Income Policy pays benefits to the

Options :

A : spouse.

B : employee.

C : dependent.

D : employer.

Answer: D

Question 3

An insurance producer is appointed to transact insurance on behalf of

Options :

A : the Insurance Commissioner.

B : the Commonwealth of Pennsylvania.

C : the appointing insurer.

D : all insurers.

Answer: C

Question 4

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 5

Which of the following circumstances may be grounds for suspending an insurance license?

Options :

A : failure to follow insurer's underwriting rules

B : conviction of a summary offense

C : conviction of a felony

D : failure to maintain records for 5 years

Answer: C