Free Virginia Accident & Health Insurance Practice Exam 1
Prepare for your licensing exam with our realistic state-specific test questions, complete answers, and detailed rationales.
Exam Structure & Overview
Passing the Virginia insurance exam is the ultimate step toward launching your career as a licensed professional. This practice test consists of 25 high-probability questions sampled to match the general composition of topics tested on the real state licensing examination.
Whether you are preparing for the Accident & Health lines or a combined license, practicing with mock questions helps cement concepts, improves time management, and reduces test-day anxiety.
Key Practice Focus Areas
- State Laws & Regulations: Specific rules, licensing duties, and consumer protections.
- Policy Provisions & Options: Standard contract clauses, riders, exclusions, and riders.
- General Principles: Underwriting basics, insurance concepts, and legal requirements.
Recommended Study PathTry this practice exam fully. Review each explanation carefully when an answer is submitted. If you feel ready to unlock the full comprehensive question database, visit the main state hub for deeper exam simulations.
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Test 125 Questions
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Health InsuranceHSAs HRAs and FSAs
An HSA account holder turns 65 and enrolls in Medicare. They withdraw HSA funds to pay for a new television. Which of the following describes the tax treatment of this withdrawal?
Health InsuranceGroup Plans
When an employee's group health coverage is terminated, they have the right to convert their policy. Which of the following is true about the converted policy?
Health InsuranceLong-Term Care Insurance
What is custodial care?
Health InsuranceACA / PPACA
Under the Medical Loss Ratio (MLR) requirement, what percentage of premium revenue must individual and small group health insurers spend on medical claims and quality improvement?
Health InsuranceDisability Income
'Partial disability' benefits in a disability income policy are:
General InsuranceContracts Terminology
The 'personal' nature of an insurance contract means:
Health InsuranceMedicare & Medi-Cal
If a person has group health coverage through their employer after age 65, when should they enroll in Medicare Part B?
Health InsuranceDisability Insurance
How are premiums for an individual disability income policy treated for tax purposes?
General InsuranceUnderwriting & Policy Issuance
An Attending Physician Statement (APS) is:
Health InsuranceTypes of Policies
The amount an insured must pay out-of-pocket for covered health services before the insurance plan begins to pay is called the:
Health InsuranceMedicare & Medi-Cal
When can a person change their Medicare Advantage or Part D plan?
General InsuranceBasic Principles
An insurer's ability to take legal action against a responsible third party for a loss paid to an insured is known as:
Health InsuranceGroup Health
The 'employer mandate' under the ACA applies to applicable large employers (ALEs). An ALE is a business with:
Health InsuranceGroup Health
The 'late entrant' provision in group health insurance:
Health InsuranceGroup Health
HIPAA portability rules for group health plans require that:
Health InsuranceDisability Income
'Presumptive disability' in a disability income policy means:
General InsuranceInsurance Marketplace
A domestic insurance company is one that is:
General InsuranceContracts Terminology
A 'binder' in insurance provides:
Health InsuranceMedicare & Medi-Cal
Medicare does NOT cover which of the following?
Health InsuranceDisability Income
Under Social Security Disability Insurance (SSDI), a person qualifies for benefits if they:
General InsuranceBasic Principles
Purchasing insurance is an example of which risk management technique?
Health InsuranceGroup Plans
A Multiple Employer Trust (MET) allows:
Health InsuranceHealth Insurance Basics
A 'benefit period' in a major medical health plan is:
Health InsuranceGroup Plans
What does COBRA stand for?
Health InsuranceGroup Plans