Quiz Virginia-Life-Annuities-and-Health-Insurance - Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Useful Sample Questions

So you do not need to worry about the Virginia-Life-Annuities-and-Health-Insurance exam preparation just download Exam4PDF Virginia-Life-Annuities-and-Health-Insurance latest dumps and start preparing today. The Exam4PDF is committed to ace the Virginia-Life-Annuities-and-Health-Insurance exam preparation and success journey successfully in a short time period. To achieve this objective the Exam4PDF is offering Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance Practice Test questions with high-in-demand features.

Where there is a will, there is a way. As long as you never give up yourself, you are bound to become successful. We hope that our Virginia-Life-Annuities-and-Health-Insurance exam materials can light your life. People always make excuses for their laziness. It is time to refresh again. You will witness your positive changes after completing learning our Virginia-Life-Annuities-and-Health-Insurance Study Guide. Not only that you can learn more useful and latest professional knowledge, but also you can get the Virginia-Life-Annuities-and-Health-Insurance certification to have a better career.

>> Virginia-Life-Annuities-and-Health-Insurance Sample Questions <<

Precise Virginia-Life-Annuities-and-Health-Insurance Sample Questions Offers you high-effective Actual Virginia Insurance Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Exam Products

Therefore, if you have struggled for months to pass Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Virginia-Life-Annuities-and-Health-Insurance exam, be rest assured you will pass this time with the help of our Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Virginia-Life-Annuities-and-Health-Insurance exam dumps. Every Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Virginia-Life-Annuities-and-Health-Insurance candidate who has used our exam preparation material has passed the exam with flying colors. Availability in different formats is one of the advantages valued by Virginia Life, Annuities, and Health Insurance Examination Series 11-01 exam candidates. It allows them to choose the format of Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Virginia-Life-Annuities-and-Health-Insurance Dumps they want.

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

NEW QUESTION # 56
One characteristic of flexible premium life insurance is that payment of the premium can be altered at the option of:

A. The insurer, if the Consumer Price Index has risen at least 10% over the past year
B. The policyowner
C. The insurer, if the prime interest rate falls below 6%
D. The contingent beneficiary

Answer: B

Explanation:
Flexible premium life insurance, such as universal life (Virginia Code § 38.2-3113.1), allows the policyowner to adjust premium payments within policy limits (e.g., minimum to maintain coverage, maximum for tax advantages), offering flexibility over fixed-premium plans like whole life. Option A correctly identifies the policyowner as the decision-maker. Option B (contingent beneficiary) is false; beneficiaries have no control over premiums. Options C and D tie adjustments to economic indices (CPI, interest rates), but Virginia law and standard policies don't grant insurers unilateral premium-changing rights based on these factors- flexibility is the policyowner's prerogative, subject to cash value sufficiency. The study guide likely contrasts this with traditional policies, using examples of skipped or increased payments, confirming A as the defining trait.

NEW QUESTION # 57
An agreement attached to a health insurance policy which alters either the terms of the policy or the coverage is called:

A. An attachment
B. A rider
C. A limit clause
D. An insuring clause

Answer: B

Explanation:
Virginia Code § 38.2-3500 et seq. allows health insurance policies to include riders-supplemental agreements modifying coverage or terms (e.g., adding dental benefits or exclusions). Option D (rider) is the standard term. Option A (limit clause) isn't a distinct attachment; limits are within thepolicy. Option B (attachment) is vague and not insurance-specific. Option C (insuring clause) is the core promise of coverage, not an alteration. The study guide likely defines riders with examples-e.g., a maternity rider increasing premiums-distinguishing them from policy staples, confirming D as the answer.

NEW QUESTION # 58
When may a person insured under a group term insurance policy exercise the conversion option?

A. Anytime while insurable and still a member of the insured group
B. Anytime after the group contract has existed for five years
C. Never, because group life insurance does not have a conversion privilege
D. Within 31 days after the person has terminated employment

Answer: D

Explanation:
Virginia Code § 38.2-3330 mandates a conversion privilege in group term life policies, allowing insureds to convert to an individual policy without evidence of insurability within 31 days after losing group eligibility (e.
g., employment termination). Option C matches this precisely. Option A is false; conversion is a legal requirement. Option B is incorrect; conversion applies post-eligibility, not during active membership while still insurable. Option D (five years) is arbitrary and unsupported by law. The study guide likely details this
31-day window with examples-e.g., an employee converting to whole life after layoffs-emphasizing its protective role, making C the correct timing.

NEW QUESTION # 59
Which is true about disability buy-sell insurance policies?

A. The insurer pays the benefits to the disabled individual
B. The policyowner may not be the beneficiary
C. The premiums are tax-deductible
D. The policy proceeds are normally received income tax-free

Answer: D

Explanation:
Disability buy-sell insurance funds a business partner's buyout if one becomes disabled, per Virginia Code §
38.2-3100 et seq. Option C is true; proceeds are typically tax-free under IRC § 104(a)(3) as insurance benefits, not income, if premiums aren't deducted. Option A is false; the policyowner (e.g., a partner or business) is often the beneficiary to fund the buyout. Option B is false; benefits go to the business or partner, not the disabled individual, who may receive separate disability income coverage. Option D is false; premiums aren't tax-deductible (IRC § 265), preserving tax-free proceeds. The study guide likely explains this with scenarios-e.g., $500,000 paid tax-free to buy out a disabled partner-highlighting tax treatment, making C the true statement.

NEW QUESTION # 60
Under a single premium deferred annuity (SPDA), the annuitant generally:

A. Can make tax-free withdrawals until the principal is recovered
B. Is designated as the beneficiary
C. Will receive benefit payments beginning immediately
D. Is permitted to make only one premium payment

Answer: D

Explanation:
Detailed Answer in Step-by-Step Solution:
* A single premium deferred annuity (SPDA) involves one lump-sum payment (D), with benefits deferred until a later date, not immediate (A).
* Withdrawals (B) are taxable as earnings first, not tax-free. The annuitant (C) receives payments, not the beneficiary, who gets proceeds if the annuitant dies.
The Virginia study guide defines an SPDA as an annuity funded by a single premium, with accumulation deferred until payout, distinguishing it from immediate annuities. Reference: VirginiaLife, Annuities, and Health Insurance study guide, section on "Annuities."

NEW QUESTION # 61
......

If you can get the certification for Virginia-Life-Annuities-and-Health-Insurance exam, then your competitive force in the job market and your salary can be improved. We can help you pass your exam in your first attempt and obtain the certification successfully. Virginia-Life-Annuities-and-Health-Insurance exam braindumps are high-quality, they cover almost all knowledge points for the exam, and you can mater the major knowledge if you choose us. In addition, Virginia-Life-Annuities-and-Health-Insurance Test Dumps also contain certain quantity, and it will be enough for you to pass the exam. We offer you free demo for you to have a try, so that you can have a deeper understanding of what you are going to buy.

Virginia-Life-Annuities-and-Health-Insurance Frequent Updates: https://www.exam4pdf.com/Virginia-Life-Annuities-and-Health-Insurance-dumps-torrent.html

Exam4PDF provides regular updates for Virginia-Life-Annuities-and-Health-Insurance Exam Dumps within short intervals delivered by the expert to minimize the chances of failure in the Virginia-Life-Annuities-and-Health-Insurance exam, Of course, our Virginia-Life-Annuities-and-Health-Insurance actual exam will certainly not covet this small profit and sell your information, The content is written promptly and helpfully because we hired the most processional experts in this area to compile the Virginia-Life-Annuities-and-Health-Insurance practice materials, Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance Sample Questions All our products can share 365 days free download for updating version from the date of purchase.

Install and configure Cisco Access Registrar, Brewery growth Virginia-Life-Annuities-and-Health-Insurance We've long used the beer industry as an example of how industry structures are becoming more barbell like.

Free PDF 2025 High Hit-Rate Virginia-Life-Annuities-and-Health-Insurance: Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Sample Questions

Of course, our Virginia-Life-Annuities-and-Health-Insurance actual exam will certainly not covet this small profit and sell your information, The content is written promptly and helpfully because we hired the most processional experts in this area to compile the Virginia-Life-Annuities-and-Health-Insurance practice materials.

All our products can share 365 days free download for updating version from the date of purchase, You can compare these top Virginia-Life-Annuities-and-Health-Insurance dumps with any of the accessible source with you.

Ted Long Ted Long

Biography

Quiz Virginia-Life-Annuities-and-Health-Insurance - Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Useful Sample Questions

Precise Virginia-Life-Annuities-and-Health-Insurance Sample Questions Offers you high-effective Actual Virginia Insurance Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Exam Products

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

Free PDF 2025 High Hit-Rate Virginia-Life-Annuities-and-Health-Insurance: Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Sample Questions

Archives