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Insurance Licensing Virginia-Life-Annuities-and-Health-Insurance Exam With Confidence Using Practice Dumps

Exam Code:
Virginia-Life-Annuities-and-Health-Insurance
Exam Name:
Virginia Life, Annuities, and Health Insurance Examination Series 11-01
Questions:
150
Last Updated:
Jul 2, 2025
Exam Status:
Stable
Insurance Licensing Virginia-Life-Annuities-and-Health-Insurance

Virginia-Life-Annuities-and-Health-Insurance: Virginia Insurance License Exam 2025 Study Guide Pdf and Test Engine

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Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Questions and Answers

Question 1

An agent or insurer who unknowingly violates insurance laws may be charged a maximum penalty of:

Options:

A.

$500 per occurrence, with a cap of $10,000

B.

$750 per occurrence, with a cap of $10,000

C.

$1,000 per occurrence, with a cap of $10,000

D.

$1,500 per occurrence, with a cap of $10,000

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Question 2

In addition to the applicant, who signs an application for health insurance?

Options:

A.

The applicant’s spouse

B.

The applicant’s dependents

C.

The inspection company representative

D.

The agent

Question 3

The interest that an insurance company earns on life insurance premiums paid helps to:

Options:

A.

Increase the life insurance premium rate

B.

Increase the mortality rate

C.

Decrease the life insurance premium rate

D.

Decrease the mortality rate