Pass your actual test with our Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo training material at first attempt
Last Updated: Sep 30, 2026
No. of Questions: 265 Questions & Answers with Testing Engine
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| Section | Weight | Objectives |
|---|---|---|
| Accident and Health / Sickness Insurance | 20% | - HMO, PPO, group vs individual coverage - Mandatory benefits and state-specific health rules - Disability income, medical expense, and long-term care - Health insurance basics and policy provisions |
| Annuities and Retirement Products | 10% | - Fixed, indexed, and variable annuities - Tax treatment and suitability standards |
| General Insurance Concepts | 15% | - Contract law and principles - Insurable interest and risk management - Underwriting, premium calculation, and taxation |
| Life Insurance Basics and Policies | 25% | - Policy provisions, riders, and options - Types of life insurance: term, whole, universal, variable - Beneficiaries, claims, and settlement options |
| Insurance Regulation | 30% | - Ethics, unfair trade practices, and consumer protection - Licensing requirements and procedures - State insurance laws and Maryland regulations - Policy delivery, replacement rules, and disclosure |
Who has the right to change the beneficiary of an accident and health policy with a revocable beneficiary designation?
Correct Answer: A 🗳️
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In Maryland, an insurance producer is a person who solicits, negotiates, or sells insurance plans PRIMARILY in conjunction with:
Correct Answer: A 🗳️
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To have " an insurable interest " in the life of another person, an individual must have a reasonable expectation of:
Correct Answer: D 🗳️
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A business often buys life insurance on a key employee to:
Correct Answer: C 🗳️
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The beneficiary of a life insurance policy is the:
Correct Answer: D 🗳️
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