Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo : Life and Accident and Health or Sickness Producer - Combo Series 20-30

  • Exam Code: Life-and-Accident-and-Health-or-Sickness-Producer-Combo
  • Exam Name: Life and Accident and Health or Sickness Producer - Combo Series 20-30
  • Updated: Sep 12, 2026   Q&As: 265 Questions and Answers

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Insurance Licensing Life-and-Accident-and-Health-or-Sickness-Producer-Combo Exam Syllabus Topics:
SectionObjectives
Topic 1: Life Insurance- Life insurance policies
  • 1. Universal life insurance
    • 2. Whole life insurance
      • 3. Term life insurance
        - Policy provisions and riders
        • 1. Policy loans and dividends
          • 2. Beneficiaries and settlements
            Topic 2: Accident and Health Insurance- Policy provisions
            • 1. Coordination of benefits
              • 2. Exclusions and limitations
                - Health insurance types
                • 1. Medical expense insurance
                  • 2. Long-term care insurance
                    • 3. Disability income insurance
                      Topic 3: State Law and Regulations- Insurance producer regulations
                      • 1. Licensing requirements
                        • 2. Ethics and fiduciary duties
                          Topic 4: General Insurance Concepts- Insurance principles and risk management
                          • 1. Insurance contract fundamentals
                            • 2. Risk types and management methods
                              Insurance Licensing Life and Accident and Health or Sickness Producer - Combo Series 20-30 Sample Questions:
                              Question #1

                              Prescription drug plans sometimes control expenses by encouraging the use of:

                              • A. Legend drugs
                              • B. Federally approved drugs
                              • C. Generic drugs
                              • D. Brand-name drugs
                              Answer: C

                              Explanation: Only visible for DumpsTests members. You can sign-up / login (it's free).

                              Question #2

                              Which employers can offer 403(b) tax-sheltered annuities (TSAs)?

                              • A. Subchapter S corporations, partnerships, and sole proprietorships
                              • B. School districts and certain non-profit organizations
                              • C. States, municipalities, and rural electric cooperatives
                              • D. Regular business corporations and professional corporations
                              Answer: B

                              Explanation: Only visible for DumpsTests members. You can sign-up / login (it's free).

                              Question #3

                              When delivering a life insurance policy, a producer's responsibilities may include all of the following EXCEPT:

                              • A. Collecting the premium payment
                              • B. Explaining a non-standard rating
                              • C. Reviewing policy riders
                              • D. Cashing the insured's premium check
                              Answer: D

                              Explanation: Only visible for DumpsTests members. You can sign-up / login (it's free).

                              Question #4

                              Which life annuity contract feature provides that benefit payments will continue for a minimum number of years regardless of when the annuitant dies?

                              • A. Cash refund
                              • B. Installment refund
                              • C. Cost recovery
                              • D. Period certain
                              Answer: D

                              Explanation: Only visible for DumpsTests members. You can sign-up / login (it's free).

                              Question #5

                              The liability of the insurer's future obligations to its policyholders is:

                              • A. Contingency fund
                              • B. Surplus
                              • C. Capital account
                              • D. Reserves
                              Answer: D

                              Explanation: Only visible for DumpsTests members. You can sign-up / login (it's free).

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