support@Free-Braindumps.com
Register Login
Cisco
CompTIA
ISC
EC-Council
EXIN
Fortinet
ITIL
Juniper
Microsoft
VMware
Avaya
SAP
Google
NVIDIA
Salesforce
Amazon
Palo Alto Networks
ISC2
Splunk
ServiceNow
All Vendors
  1. Home
  2. Exams
  3. Virginia Insurance
  4. Virginia-Life-Annuities-and-Health-Insurance

Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance Exam Actual Questions
Virginia Life, Annuities, and Health Insuranceination Series 1101 (Page 13 )

Updated On: 26-Jun-2026
Page 13 of 89
PDF with 440 Questions

When an HIV test is requested by a health insurer, who signs the consent form?

  1. The applicant
  2. The applicant's physician
  3. The insurance agent
  4. The medical laboratory technician

Answer(s): A

Explanation:

Virginia Code § 38.2-600 requires written consent for HIV testing in insurance underwriting, signed by the applicant (option A) to comply with privacy laws (e.g., Virginia Code § 32.1-36.1). This ensures the individual authorizes the test, protecting their rights. Option B (physician) may order tests but doesn't consent for insurance. Option C (agent) facilitates but can't consent. Option D (technician) performs the test, not authorizes it. The study guide likely stresses this consent process in a privacy section, with examples of applicants signing before blood draws, making A the correct party.



Which is a lawful cause for cancellation of an individual long-term care insurance policy by the insurer?

  1. Nonpayment of premium
  2. Medicaid eligibility
  3. Insurer insolvency
  4. Nuisance claims

Answer(s): A

Explanation:

Virginia Code § 38.2-5208 allows LTC policy cancellation by the insurer for nonpayment of premium (option A) after a 31-day grace period and notice, a standard contract right. Option B (Medicaid eligibility) isn't a cancellation cause; it may coordinate benefits, not terminate coverage. Option C (insurer insolvency) affects payment ability, not lawful cancellation grounds. Option D (nuisance claims) isn't a legal basis; claims frequency doesn't void coverage unless fraudulent (Virginia Code § 38.2-309). The study guide likely lists nonpayment as the primary insurer-initiated cancellation reason, with examples like missed payments triggering notice, making A the lawful cause.



What are long-term care insurance "ADL's"?

  1. Aggregate dollar limits
  2. Aggregate days limitation
  3. Activities of daily living
  4. Approved doctor lists

Answer(s): C

Explanation:

Virginia Code § 38.2-5200 defines ADLs (Activities of Daily Living, option C) as essential tasks--e.g., bathing, dressing, eating--used to determine LTC benefit eligibility (typically inability to perform 2 of
6). Option A (aggregate dollar limits) refers to coverage caps, not ADLs. Option B (aggregate days limitation) might confuse with elimination periods, not ADLs. Option D (approved doctor lists) relates to provider networks, not functional criteria. The study guide likely details ADLs with examples--e.g., needing help with mobility--emphasizing their role in claims, making C the correct term.



Which one of the following statements about an adjustable life insurance policy is true?

  1. An increase in premium decreases future cash values
  2. Simultaneous changes in face amount and in premium are within its capabilities
  3. An increase in face amount lengthens the protection period when the policy provides term coverage
  4. An increase in face amount shortens the premium payment period when the policy provides whole life coverage

Answer(s): B

Explanation:

Adjustable life insurance, per Virginia Code § 38.2-3113.1, blends whole and term features, allowing policyowners to adjust face amount and premiums. Option B is true; simultaneous changes (e.g., increasing face amount and premium) are possible, adapting coverage and cash value. Option A is false; higher premiums typically increase cash value, not decrease it, unless misallocated. Option C is incorrect; increasing face amount doesn't inherently extend term duration--it adjusts cost or cash value. Option D is false; face amount increases don't shorten whole life premium periods, which are fixed or flexible based on design. The study guide likely highlights adjustability with examples--e.g., raising $100,000 to $150,000 with a premium hike--making B the true capability.



To cancel a health insurance policy, which one of the following must the insured do?

  1. Notify the insurer in writing
  2. Replace the current policy with another
  3. Challenge at least two uniform mandatory provisions

Answer(s): A

Explanation:

Virginia Code § 38.2-3508 governs cancellation of individual health insurance policies. For the insured to cancel, they must notify the insurer in writing (option A), specifying intent to terminate, typically effective upon receipt or a stated date, per policy terms. This formal notice ensures clarity and protects both parties, aligning with contract law principles. Option B (replace with another policy) is a practical choice but not a legal requirement; cancellation can occur without replacement. Option C (challenge mandatory provisions) is nonsensical; uniform provisions (e.g., grace period, per § 38.2-3503) are standard and unrelated to cancellation. The study guide likely outlines this process in a policyholder rights section, with examples--e.g., a letter stating "Cancel effective 5/1/2025"-- emphasizing written notice as the sole requirement, making A the correct action.



  PDF
Viewing page 13 of 89
Viewing questions 61 - 65 out of 440 questions


Post your Comments and Discuss Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance exam prep with other Community members:

AI Tutor AI Tutor 👋 I’m here to help!