Practice test

Free Insurance Licensing Practice Test

Take our free insurance licensing practice test with 20 questions covering life and health, property and casualty, and regulations. See your score instantly.

These questions are for study practice only and are not official exam questions.

Question 1

1

Which type of life insurance provides coverage for a specific period of time and pays a death benefit only if the insured dies during that period?

Question 2

2

Under a Health Maintenance Organization (HMO) plan, a member who wants to see a specialist typically must first:

Question 3

3

When a life insurance policy is surrendered for its cash value, which of the following tax consequences typically applies?

Question 4

4

In a standard homeowners insurance policy, which of the following perils is typically EXCLUDED from coverage?

Question 5

5

The doctrine of 'estoppel' prevents an insurer from:

Question 6

6

A life insurance policy's 'free look' period allows the policyholder to:

Question 7

7

The principle of subrogation in property insurance allows the insurer to:

Question 8

8

What is 'twisting' as it relates to unfair trade practices in insurance?

Question 9

9

Which type of life insurance builds cash value over time and remains in force for the insured's entire lifetime as long as premiums are paid?

Question 10

10

An HO-3 homeowners policy covers the dwelling on which basis?

Question 11

11

A commercial general liability (CGL) policy is designed primarily to protect a business from:

Question 12

12

An insurance agent who collects premiums on behalf of a client and fails to forward them to the insurer is guilty of:

Question 13

13

Which policy provision requires the insured to maintain insurance equal to a specified percentage of the property's value in order to receive full reimbursement for a partial loss?

Question 14

14

In property insurance, the 'other insurance' clause prevents the insured from collecting more than the actual loss when multiple policies cover the same property. Which method divides the loss proportionally based on each policy's limit relative to the total insurance in force?

Question 15

15

A producer who acts on behalf of the insured rather than the insurance company is best described as a(n):

Question 16

16

Which of the following best describes the 'accidental death benefit' rider added to a life insurance policy?

Question 17

17

Under an occurrence-based liability policy, coverage applies to claims:

Question 18

18

Comprehensive auto insurance coverage pays for vehicle damage caused by:

Question 19

19

Which of the following activities requires an insurance license in most states?

Question 20

20

The principle of 'utmost good faith' (uberrimae fidei) in insurance requires that:

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