Virginia-Life-Annuities-and-Health-Insurance–100% Free New Exam Testking | Authoritative Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Online Test

You can try a free demo to check the desktop Virginia Life, Annuities, and Health Insurance Examination Series 11-01 (Virginia-Life-Annuities-and-Health-Insurance) practice exam software before buying. The Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance practice test, which is the very best self-assessment tool is customizable. And you can change its time and number of questions. All the formats of TestPassed are designed and revised as per the feedback of more than thousands of experts in this field. Thus TestPassed reduce your chances of failure in the actual Virginia Life, Annuities, and Health Insurance Examination Series 11-01 (Virginia-Life-Annuities-and-Health-Insurance) exam. So this product helps in reducing your tension and gaining more focus on your preparation only.

TestPassed recognizes the acute stress the aspirants undergo to get trust worthy and authentic Virginia Life, Annuities, and Health Insurance Examination Series 11-01 (Virginia-Life-Annuities-and-Health-Insurance) exam study material. They carry undue pressure with the very mention of appearing in the Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance certification test. Here the TestPassed come forward to prevent them from stressful experiences by providing excellent and top-rated Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance Practice Test questions to help them hold the Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance certificate with pride and honor.

>> New Virginia-Life-Annuities-and-Health-Insurance Exam Testking <<

Virginia-Life-Annuities-and-Health-Insurance Online Test | Virginia-Life-Annuities-and-Health-Insurance Latest Dumps

The desktop Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance exam simulation software works only on Windows, but the web-based Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance practice exam is compatible with all operating systems. You can take the online Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance Mock Test without software installation via Chrome, Opera, Firefox, or another popular browser.

Virginia Insurance Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Sample Questions (Q24-Q29):

NEW QUESTION # 24
Which type of health insurance helps to pay for the cost of care in cases where hospitalization is not required but the individuals are unable to care for themselves?

A. Disability income
B. Major medical
C. Long-term care
D. Medicare

Answer: C

Explanation:
Detailed Answer in Step-by-Step Solution:
* Long-term care insurance (B) is designed to cover custodial care (e.g., help with daily activities like bathing or dressing) when individuals cannot care for themselves, often outside a hospital setting.
* Medicare (A) provides limited long-term care coverage (e.g., skilled nursing for a short period), not comprehensive custodial care.
* Major medical (C) covers hospital and medical expenses, not long-term custodial care.
* Disability income (D) replaces lost income, not care costs.
The Virginia study guide defines long-term care insurance as coverage for extended care needs, such as in nursing homes or at home, when individuals cannot perform activities of daily living, distinguishing it from Medicare or major medical plans. Reference: Virginia Life, Annuities, and Health Insurance study guide, section on "Types of Health Insurance."

NEW QUESTION # 25
All of the following have a restricted ability to enter into a contract EXCEPT:

A. Minors under a certain age
B. Individuals who are mentally ill
C. Individuals who are intoxicated
D. Individuals who are retired

Answer: D

Explanation:
Virginia contract law, reflected in Virginia Code § 38.2-102, requires capacity to form an insurance contract.
Option A (intoxicated individuals) lacks capacity if impaired, voiding consent. Option B(mentally ill individuals) may lack comprehension, restricting ability unless adjudicated competent. Option C (minors, typically under 18 per § 38.2-3405) can't contract without guardian consent, except for necessities. Option D (retired individuals) has no legal restriction; retirement is a status, not a capacity limiter-e.g., a 65-year-old retiree can buy insurance freely. The study guide likely covers capacity in a legal basics section, with examples like a drunk person's void policy versus a retiree's valid one, making D the exception.

NEW QUESTION # 26
In a deferred annuity, which contract feature begins at a high level, often 5%-10%, and then diminishes until it disappears after a specified number of years?

A. The guaranteed interest rate
B. The expense charge
C. The front end sales load
D. The surrender charge

Answer: D

Explanation:
Virginia Code § 38.2-3100 et seq. governs deferred annuities, where a surrender charge (option A) is a penalty for early withdrawal, starting high (e.g., 7-10%) and declining over a surrender period (e.g., 7-10 years) until it reaches zero. Option B (front-end sales load) is a one-time fee deducted upfront, not diminishing over time. Option C (guaranteed interest rate) is a fixed return (e.g., 2%), stable or adjustable, not disappearing. Option D (expense charge) covers ongoing costs (e.g., mortality and expense fees), typically level, not phased out. The study guide likely illustrates this with a table-e.g., 10% year 1, 9% year 2, 0% year 10-emphasizing surrender charges as a liquidity deterrent, making A the matching feature.

NEW QUESTION # 27
For an AD&D policy with an irrevocable beneficiary designation, a change in the beneficiary can ONLY be made:

A. With the consent of both the policyowner and the beneficiary
B. Upon the death of the current beneficiary
C. At the time of policy renewal
D. When an absolute assignment is attached to the policy

Answer: B

Explanation:
Detailed Answer in Step-by-Step Solution:
* An irrevocable beneficiary has a vested interest, and the policyowner cannot change the designation without their consent unless the beneficiary dies (C), at which point the owner regains control.
* Option A (renewal) and B (assignment) don't override irrevocability. Option D (consent) is true for living beneficiaries, but "ONLY" restricts it to death in this context.
The Virginia study guide notes that an irrevocable beneficiary's rights persist until death, after which the policyowner can freely change the designation. Reference: Virginia Life, Annuities, and Health Insurance study guide, section on "Beneficiary Designations."

NEW QUESTION # 28
All of the following are dividend options in life insurance policies EXCEPT:

A. Receiving the entire policy cash value
B. Using the dividends to purchase additional paid-up life insurance
C. Accumulating the dividends with interest
D. Applying the dividends to reduce the premium due

Answer: A

Explanation:
Virginia Code § 38.2-3207 allows participating life policies to offer dividend options: option A (reduce premium), option B (buy paid-up additions increasing coverage), and option C (accumulatewith interest) are standard, reflecting insurer profits shared with policyowners. Option D (receiving the entire cash value) isn't a dividend option; it's a surrender or nonforfeiture action, terminating the policy, not distributing profits. The study guide likely lists these options with examples-e.g., $100 dividend reducing a $500 premium (A)- contrasting them with cash value withdrawal, making D the exception.

NEW QUESTION # 29
......

Now IT industry is more and more competitive. Passing Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance exam certification can effectively help you entrench yourself and enhance your status in this competitive IT area. In our TestPassed you can get the related Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance exam certification training tools. Our TestPassed IT experts team will timely provide you the accurate and detailed training materials about Virginia Insurance Certification Virginia-Life-Annuities-and-Health-Insurance Exam. Through the learning materials and exam practice questions and answers provided by TestPassed, we can ensure you have a successful challenge when you are the first time to participate in the Virginia Insurance certification Virginia-Life-Annuities-and-Health-Insurance exam. Above all, using TestPassed you do not spend a lot of time and effort to prepare for the exam.

Virginia-Life-Annuities-and-Health-Insurance Online Test: https://www.testpassed.com/Virginia-Life-Annuities-and-Health-Insurance-still-valid-exam.html

Nobody will compliant the price of Virginia-Life-Annuities-and-Health-Insurance practice questions pdf if he knows it very well, No matter why you apply for the certification I advise you to purchase Virginia-Life-Annuities-and-Health-Insurance exam prep to help you pass exam successfully, Virginia Insurance New Virginia-Life-Annuities-and-Health-Insurance Exam Testking We have designed a specific module to explain various common questions such as installation, passing rate and so on, Actual Dumps Our professionals update Virginia-Life-Annuities-and-Health-Insurance Virginia Life, Annuities, and Health Insurance Examination Series 11-01 on a regular basis.

In the real world, you should use proper bin-naming techniques, Virginia-Life-Annuities-and-Health-Insurance such as by interviews, exteriors, location names, selects, and so on, And so thereafter, any time I sneezed about quality, everybody paid attention, because they know if I Virginia-Life-Annuities-and-Health-Insurance Reliable Exam Prep disagreed, everybody would call off their approvals, and it wasn't just a matter of getting me in agreement any more.

New Virginia-Life-Annuities-and-Health-Insurance Exam Testking - Your Wisest Choice to Pass Virginia Life, Annuities, and Health Insurance Examination Series 11-01

Nobody will compliant the price of Virginia-Life-Annuities-and-Health-Insurance Practice Questions pdf if he knows it very well, No matter why you apply for the certification I advise you to purchase Virginia-Life-Annuities-and-Health-Insurance exam prep to help you pass exam successfully.

We have designed a specific module to explain various common questions such as installation, passing rate and so on, Actual Dumps Our professionals update Virginia-Life-Annuities-and-Health-Insurance Virginia Life, Annuities, and Health Insurance Examination Series 11-01 on a regular basis.

The perfect source of preparation Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance dumps questions to succeed in first attempt is offered with moneyback guarantee so you are not at loss in Virginia-Life-Annuities-and-Health-Insurance Online Test any way either you will get the Virginia Life, Annuities, and Health Insurance Examination Series 11-01 success or will get your money back.