GA Life Insurance Adjuster License Exam Question and Answers [100% Correct] 2025 (With Updated Policies)
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Course
Georgia claims adjuster
Institution
Georgia Claims Adjuster
GA Life Insurance Adjuster License Exam
Question and Answers [100% Correct] 2025
(With Updated Policies)
The USA Patriot Act was passed in which year?
2001
A life insurance producer notices unanswered questions on an application. What should be the next
step?
Set a meeting with ...
GA Life Insurance Adjuster License Exam -
Question and Answers [100% Correct] 2025
(With Updated Policies)
The USA Patriot Act was passed in which year?
2001
A life insurance producer notices unanswered questions on an application. What should be the next
step?
Set a meeting with the applicant to provide the missing information
What must be included before a life insurance policy can be issued?
Applicant's signature on the application
Which of the following does not need to sign a life insurance application?
Beneficiary
What might a Medical Information Bureau (MIB) report contain?
History of marijuana usage
If an applicant completes a life insurance application but does not pay the first premium, which condition
is not required before the policy becomes active?
Expiration of the free-look period
If any modification is made to an insurance application, whose initials are required?
Applicant's initials
Which scenario does not qualify as policy delivery?
Issuing a policy with a rating
When must insurable interest exist for a life policy to be valid?
At the time of application
What does policy delivery involve?
Delivery of the insurance contract to the insured
Upon delivery of a rated policy, what is not necessary for the producer to obtain?
Signed HIPAA disclosure
1
, An agent gives a client a receipt indicating coverage starts if their application is approved. What is this
receipt type?
Conditional receipt
An agent submits an application and a client's check, which was unsigned. When will coverage start if
approved?
Upon delivery of the policy, receipt of the initial premium, and obtaining a good health statement
Which element is not essential in group life policies?
Accidental death coverage
If employees pay a share of group life insurance premiums, what type is it?
Contributory
Under a group life policy managed by a trustee, who gets a coverage certificate?
Employee
What is given to someone insured under a group contract?
Certificate of insurance
How can a retired employee convert their group life coverage?
Convert to an individual permanent policy at individual rates
A terminated employee has $25,000 of group term life coverage. What can it be converted to?
A $25,000 individual whole life policy
How is a noncontributory group life plan defined?
Employer pays the entire cost of the plan
What is a key underwriting principle of group life insurance?
Entire group coverage is mandatory
What is the tax treatment of employer-provided $50,000 group term life insurance coverage?
Employer's premium payments may be deductible
When an employee leaves, which group life conversion statement is true?
Policy proceeds are payable if the employee dies during the conversion
Equity-indexed annuities typically invest in what?
S&P 500
A person paying $100 quarterly for an annuity holds what type?
2
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