Evergreen Insurance Prep

Virginia Life & Health Insurance License, Practice Exams

Virginia Life & Health (Life, Annuities and Sickness) producer licensing (Prometric Series 11-01). General insurance knowledge plus Virginia insurance law (Title 38.2), authored from public-domain statutes.
Content last updated 29 June 2026

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Each module is scored separately here so you know exactly where you stand. To pass the real Virginia exam you need 70%.

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Frequently asked questions

How is the Virginia producer licensing exam structured?

Virginia licenses Life & Health (Life, Annuities and Sickness) producers through Prometric (the Series 11-01 exam): 140 scored questions (plus 10 pretest), 150 minutes, and 70% to pass. The exam combines general insurance knowledge with Virginia insurance law (Title 38.2). This bank covers the Virginia law plus the general insurance content.

What score do I need to pass?

You need 70%. Practice each module to that level and run the full exam simulation before your test date.

Are these real exam questions?

No vendor publishes the live exam. Every question here is original, written to the official content outline and grounded in public-domain sources — including the Virginia Insurance Code (Title 38.2) for the state-law questions, with the statute section cited in each explanation.

How many practice questions are included?

The full Virginia bank contains 1013 questions (general insurance plus Virginia law), with written, source-cited explanations. The free sample gives you about 20 questions per module.

What does access cost?

$49, one time, for lifetime access — and it includes every state and line we add later, at no extra charge. No subscription.

Can I use it on more than one device?

Yes. One purchase works on up to 3 of your devices, for example your laptop, phone and tablet, so you can practise wherever you are. Your progress is saved on each device.

Do I need to create an account?

No. The practice tests run in your browser with no signup. Your score history is saved on your own device.

Sample Virginia Life & Health Insurance License practice questions

A selection of free questions with answers and explanations. Use the interactive modules above for timed, scored drills.

A 68-year-old retiree wants income payments to begin next month from a lump sum. The suitable product is a(n):

  1. Single-premium immediate annuity ✓
  2. Flexible-premium deferred annuity
  3. 20-year level term policy
  4. Variable universal life policy

Why: A single-premium immediate annuity converts a lump sum into income beginning within one payment period.

Within how many days after receiving notice of the right to an external review of a final adverse determination must a covered person file a standard external review request with the Commission?

  1. 30 days
  2. 60 days
  3. 90 days
  4. 120 days ✓

Why: § 38.2-3561(A) gives the covered person 120 days after receipt of the notice of the right to an external review to file a standard external review request in writing with the Commission.

The optional 'other insurance with other insurers' provision allows a health insurer to:

  1. Prorate benefits based on its share of the insured's total coverage ✓
  2. Deny a claim entirely if other coverage exists
  3. Pay the full benefit regardless of other coverage under the policy's terms
  4. Cancel the policy when other coverage is found

Why: This optional provision prorates the insurer's payment according to its proportion of the insured's total like coverage, preventing over-insurance.

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A Medicare beneficiary delayed Part D for three years without other creditable drug coverage. The result is:

  1. A permanent late-enrollment surcharge added to the Part D premium ✓
  2. A complete bar from ever enrolling in Part D
  3. A one-time penalty paid at the first prescription in most situations
  4. No consequence, since Part D is always optional

Why: Going without creditable coverage adds a permanent late-enrollment surcharge to the Part D premium.

A disability policy has a 30-day elimination period and a $4,000 monthly benefit. If the insured is disabled for 5 months, the total benefit paid is about:

  1. $16,000 ✓
  2. $20,000
  3. $12,000
  4. $8,000

Why: The first month (30-day elimination) pays nothing; 4 months are paid × $4,000 = $16,000.

An endowment policy is distinguished by the fact that it:

  1. Pays the face amount at a set maturity date if the insured is still living ✓
  2. Provides only temporary coverage that expires with no value
  3. Invests the entire premium in the insurer's separate investment accounts chosen by the owner
  4. Decreases its face amount steadily over the policy's term

Why: An endowment pays the face amount either at the insured's death or upon reaching the maturity date while living; modern tax rules limit their use.

Under § 38.2-1867(B), for an approved classroom CE course, one credit hour is equivalent to a classroom hour providing at least:

  1. 30 minutes of instruction
  2. 50 minutes of continuous instruction or participation ✓
  3. 45 minutes of instruction
  4. 60 minutes of instruction

Why: Section 38.2-1867(B) provides that, for an approved classroom course, a credit hour is equivalent to a classroom hour providing at least 50 minutes of continuous instruction or participation.

Under § 38.2-1834(G), an agent whose appointment has been terminated by an insurer is:

  1. Prohibited from selling or soliciting on behalf of that insurer unless and until reappointed ✓
  2. Free to continue servicing existing policies for one year
  3. Automatically appointed by an affiliated insurer
  4. Required to surrender his license

Why: Section 38.2-1834(G) prohibits a terminated agent from selling or soliciting applications or policies on behalf of that insurer unless and until reappointed; doing so is a violation subject to penalties under §§ 38.2-218 and 38.2-1831.

An insured is totally disabled and, after the waiting period, the policy's waiver of premium takes effect. This means the insured:

  1. Owes no premiums while the disability continues ✓
  2. Receives double the monthly disability benefit
  3. Must repay the waived premiums after recovering
  4. Loses all coverage until premiums resume

Why: Once the disability-based waiver of premium applies, premiums are waived (often retroactive to the start) while the disability continues, keeping coverage in force.

Because an insurance policy is drafted entirely by the insurer and the applicant simply accepts it, it is legally a contract of:

  1. Adhesion ✓
  2. Aleatory exchange, in which the dollar amounts traded by the parties are unequal
  3. Indemnity
  4. Warranty

Why: A contract of adhesion is written by one party and offered on a take-it-or-leave-it basis, so ambiguities are construed against the drafter (the insurer).

Under the ACA, in-network preventive services such as immunizations and screenings must be covered:

  1. With no cost-sharing to the insured ✓
  2. Only after the deductible is fully met
  3. At 50% coinsurance in every plan
  4. Only for insureds under age 40

Why: ACA-compliant plans must cover specified preventive services in-network with no copay, coinsurance, or deductible.

The 'law of large numbers' is important to insurers because it:

  1. Makes losses more predictable as the number of similar risks grows ✓
  2. Guarantees that no single insured will ever file a large claim
  3. Eliminates the need for insurers to classify or underwrite risks
  4. Requires every applicant to be charged the exact same premium

Why: The larger the pool of similar exposures, the more closely actual losses approach predicted losses, allowing accurate pricing.

Which definition of "annuities" matches Title 38.2?

  1. Insurance on the lives of human beings including endowment benefits
  2. All agreements to make periodic payments in specified or calculable sums for a stated period or for the life of the person(s) specified ✓
  3. Insurance against loss resulting from sickness or accidental bodily injury
  4. Indemnifying a creditor against nonpayment of a debt

Why: Section 38.2-106 defines "annuities" as all agreements to make periodic payments in specified or calculable sums pursuant to a contract for a stated period or for the life of the person(s) specified. It excludes life insurance contracts defined in § 38.2-102.

A life insurance policy's aviation exclusion typically denies the death benefit when the insured dies:

  1. As a non-fare-paying private pilot or crew member ✓
  2. While riding as a paying passenger on a scheduled commercial flight
  3. From any cause during the first two years of the policy
  4. While traveling by automobile to a private airport hangar

Why: Aviation exclusions usually apply to non-commercial flying (private pilots/crew); fare-paying passengers on scheduled flights remain covered.

The elimination period in a disability income policy functions as:

  1. A time deductible the insured must wait through before benefits begin ✓
  2. A dollar deductible subtracted from each monthly benefit check
  3. The maximum number of years benefits will ever be paid
  4. A grace period during which overdue premiums may be paid

Why: The elimination (waiting) period is a 'time deductible'; a longer elimination period lowers the premium because the insurer pays for fewer short claims.

To reinstate a lapsed policy, an insured must typically provide evidence of insurability and:

  1. Pay all back premiums with interest ✓
  2. Pay only the single current premium
  3. Wait five years from the lapse date
  4. Purchase an additional rider

Why: Reinstatement requires proof of insurability plus payment of overdue premiums with interest (and any loan), within the allowed window.

An agent born in an odd-numbered year holds a Virginia life and annuities license. Under § 38.2-1825.1, the license expires at the end of the agent's birth month in:

  1. Even-numbered years
  2. Every year
  3. Odd-numbered years ✓
  4. The year of original issuance only

Why: Section 38.2-1825.1(A) provides that the license for an agent born in an odd-numbered year expires at the end of the agent's birth month in odd-numbered years.

'Rebating' generally refers to:

  1. Offering something of value not in the contract to induce a sale ✓
  2. Refunding the unearned premium when a policy is properly cancelled
  3. Returning a claim overpayment to the insurer after a billing error
  4. Charging a higher premium to a substandard, higher-risk applicant

Why: Rebating is giving a prospect any inducement (such as part of the commission or a gift) not specified in the policy to persuade them to buy; it is illegal in most states.

A 'mutual' insurance company is:

  1. Owned by its policyholders, who may receive policy dividends ✓
  2. Owned by outside stockholders seeking profit
  3. A government agency that pays claims of insolvent insurers
  4. A producer-owned brokerage firm

Why: A mutual insurer is owned by its policyowners; dividends paid to them are treated as a nontaxable return of premium.

Under § 38.2-618, a person who discloses information in accordance with the privacy article generally has immunity from a defamation or invasion-of-privacy action, EXCEPT when the person:

  1. Uses electronic format
  2. Charges a copying fee
  3. Acts negligently in good faith
  4. Discloses or furnishes false information with malice or willful intent to injure ✓

Why: Section 38.2-618 grants immunity from defamation, invasion of privacy, or negligence causes of action for disclosing information in accordance with the article, but provides no immunity for disclosing or furnishing false information with malice or willful intent to injure.

In an equity-indexed annuity using the 'annual point-to-point' crediting method, interest is based on the index value:

  1. At the start of the year compared to the end of the year ✓
  2. Measured continuously on every single trading day of the year
  3. At the single highest point the index reached during the term
  4. Averaged across all twelve monthly closing values of the year

Why: Annual point-to-point compares the index at the beginning and end of the year; high-water mark and monthly averaging are alternative methods.

A family maintenance policy combines whole life with level term to:

  1. Pay an income for a set period beginning at the insured's death, then the face amount ✓
  2. Decrease the death benefit gradually as the insured's children grow up
  3. Invest part of each premium in the policyowner's chosen mutual funds
  4. Provide temporary coverage only, expiring with no value at the term's end

Why: Family maintenance adds level term to whole life; if the insured dies during the term, it pays income for a stated period from the date of death, then the face amount.

In a variable annuity, accumulation units measure the contract's value:

  1. During the pay-in phase before income payments begin ✓
  2. Only after the contract has been fully annuitized into a stream of income
  3. While the annuitant is receiving level, guaranteed monthly income payments
  4. According to a fixed interest rate the insurer declares anew each year

Why: Accumulation units track value during the accumulation phase; annuity units are used during the payout phase.

In a health maintenance organization (HMO), the primary care physician acts as a 'gatekeeper,' meaning the member usually must:

  1. Get a referral before seeing a specialist ✓
  2. Pay the full cost of every visit out of pocket first
  3. Choose a new physician each calendar year automatically
  4. Submit all claims directly to the state insurance department

Why: In a gatekeeper HMO, the PCP coordinates care and must refer the member before specialist services are covered.

An insured and the sole primary beneficiary die in the same crash, order of death unknown. Under the Uniform Simultaneous Death Act, proceeds go to:

  1. The contingent beneficiary or the insured's estate ✓
  2. The primary beneficiary's heirs under the policy's terms
  3. The first to be pronounced dead
  4. The insurer, as unclaimed funds

Why: The Act presumes the insured survived the beneficiary, so the proceeds pass to the contingent beneficiary or the insured's estate.

During the contestable period, the insurer discovers a material misrepresentation on the application. The insurer may:

  1. Rescind the policy and deny the claim ✓
  2. Do nothing, since the policy is already issued
  3. Only raise the premium going forward
  4. Reduce benefits but must keep the policy

Why: A material misrepresentation discovered within the contestable period lets the insurer rescind the contract.

'Churning' as an unfair practice refers to:

  1. Replacing a policy within the same insurer through misrepresentation ✓
  2. Mixing a client's premium funds with the producer's own money
  3. Refusing to renew a policy after the insured files a large claim
  4. Charging higher premiums to applicants with poor health histories

Why: Churning is using misrepresentation to replace a policy with another from the same insurer to generate new commissions; twisting involves different insurers.

A client wants to move funds from an old annuity into an LTC insurance policy tax-free. Under Section 1035, this is:

  1. Permitted (annuity-to-LTC is a valid 1035 exchange) ✓
  2. Not permitted under any circumstances in most situations
  3. Allowed only for term life policies
  4. Taxable as a full surrender

Why: Section 1035 permits tax-free exchanges from an annuity to a qualified long-term care policy.

Under the genetic information privacy rule of § 38.2-508.4, a health insurer may NOT do which of the following based on genetic information?

  1. Pay a death claim
  2. Establish differentials in premium rates for coverage ✓
  3. Process a routine renewal
  4. Issue an explanation of benefits

Why: Section 38.2-508.4(B) prohibits, on the basis of genetic information, terminating/restricting coverage, refusing to renew, excluding from coverage, imposing a waiting period, requiring an exclusionary rider, or establishing premium rate differentials.

Social Security disability benefits use a strict definition: the inability to engage in:

  1. Any substantial gainful activity due to a medically determinable impairment ✓
  2. The specific occupation the insured personally held immediately before the disability began
  3. Any work the insured personally finds enjoyable
  4. Physical labor, though desk work is still expected

Why: SSDI requires inability to perform any substantial gainful activity (not just one's own occupation), expected to last at least 12 months or result in death.