Free Virginia Life Exam Practice Test

Series 11-05 — The Virginia Life producer exam is given by Prometric (exam 11-05) and covers general insurance concepts, life policies, and Virginia insurance law and regulation.

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90

Scored items (approx.)

120 min

Time limit

833

Practice questions

Topics covered on the Life exam

Insurance Regulation

160 practice questions · Regulatory authority, Commissioner status, Producer licensing, Exam requirement, …

General Insurance Concepts

78 practice questions · Insurable interest, Utmost good faith, Adhesion, Aleatory, …

Life Insurance Basics

141 practice questions · Purpose, Human life value, Needs approach, Risk classification, …

Types of Life Insurance Policies

117 practice questions · Term insurance, Decreasing term, Whole life, Limited pay, …

Life Policy Provisions Options and Riders

155 practice questions · Free look, Grace period, Incontestability, Misstatement of age, …

Annuities

103 practice questions · Purpose, Accumulation vs annuity, Immediate annuity, Fixed annuity, …

Federal Tax Considerations

79 practice questions · Death benefit, Cash value growth, Annuity taxation, MEC, …

Practice Test: Life

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.