Free Disability Income Insurance Practice Questions
Virginia Life, Accident & Health exam (series 11-01) — 37 practice questions.
Subtopics: DI elimination period, DI benefit period, DI pregnancy, DI accident onset, Purpose, Elimination period, Benefit period, Definition of disability, Residual disability, Probationary period, Presumptive disability, Recurrent disability, Any occupation, Business overhead expense, Disability buy-out, Cost of living adjustment, Social insurance supplement, Nonoccupational coverage, Waiver of premium, Future increase option, Disability benefit, Benefit amount, Total disability, Partial disability, Group disability, Social Security disability, Key employee DI, Occupational coverage
Read the Disability Income Insurance study guide
Sample questions & answers
1. Under Virginia's minimum standards, a disability income policy with a benefit period of more than two years may have an elimination period no longer than:
180 days
Maximum elimination periods are 30 days for benefits of one year or less, 90 days for more than one but not more than two years, and 180 days in all other cases.
2. Under Virginia's minimum standards, an individual disability income policy must pay benefits for a minimum period of at least:
180 days
An individual disability income policy must provide a benefit period of not less than 180 days; a group policy may have a minimum of 90 days.
3. Under Virginia's minimum standards, a disability income policy must cover disability from:
Complications of pregnancy, childbirth, or miscarriage
A disability policy must cover complications arising out of pregnancy, childbirth, or miscarriage.
4. A Virginia disability income policy must allow how long after an accident for a covered loss to begin?
At least 30 days
A disability income policy must allow at least 30 days after the date of an accident for a covered loss to start.
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Practice: Disability Income Insurance
Answer choices are shuffled every time, and every question comes with an explanation.
Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Insurance Department and the exam administrator before relying on it.
