US Insurance Arizona Advanced Test 5

Insurance » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

Insurance — Advanced (Arizona) Professional (Insurance, USA) USA — Arizona State Insurance License — USA

What is this test? for Insurance (Property/Casualty, Life/Health) license, USA — Professional (Insurance, USA) level, USA — Arizona.
For adults preparing for Insurance license in the USA
Section: Insurance — Advanced (Arizona) · Education: Professional (Adult) · Part: Insurance — Advanced (Arizona) · Country: USA · Region: USA — Arizona

A regular habit of taking practice tests makes learned information stick and is one of the most important factors directly affecting exam success.

This test will help you gauge your knowledge in your field and manage your exam prep more efficiently.

By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

What is a rider?

A) added coverage option

B) basic policy

C) claim

D) cancel

Question 2

What is a premium?

A) deductible

B) regular insurance payment

C) copay

D) claim payout

Question 3

What is a deductible?

A) monthly bill

B) amount paid before coverage

C) payout

D) copay

Question 4

What is a copay?

A) payout

B) fixed visit fee

C) deductible

D) premium

Question 5

What is coinsurance?

A) full coverage

B) shared percent after deductible

C) copay

D) premium

Question 6

What is liability coverage?

A) medical for you

B) pays others' damage you cause

C) theft of yours

D) your car repairs

Question 7

What is collision coverage?

A) flood

B) theft

C) liability

D) your car crash repairs

Question 8

What is comprehensive coverage?

A) liability

B) health

C) collision

D) non-crash damage (theft, hail)

Question 9

What is term life insurance?

A) no expiry

B) investment

C) coverage for a set period

D) lifetime

Question 10

What is whole life insurance?

A) lifetime plus cash value

B) no payout

C) term only

D) yearly

Question 11

What is a beneficiary?

A) agent

B) lender

C) person receiving payout

D) adjuster

Question 12

What is an out-of-pocket max?

A) deductible

B) yearly payment ceiling

C) unlimited

D) premium

Question 13

What is underwriting?

A) selling

B) risk assessment for policies

C) claim filing

D) canceling

Question 14

What is an exclusion?

A) what policy does NOT cover

B) deductible

C) covered item

D) premium

Question 15

What is HMO?

A) network HMO care plan

B) no referrals

C) PPO

D) any doctor

Question 16

What is PPO?

A) no coverage

B) free care

C) flexible network plan

D) HMO only

Question 17

What is flood insurance?

A) auto covers

B) separate NFIP policy

C) no need

D) homeowners covers

Question 18

What is an adjuster?

A) assesses claim payouts

B) collects premiums

C) cancels

D) sells policies

Question 19

What is subrogation?

A) canceling

B) doubling payout

C) refunding

D) insurer recovering from at-fault party

Question 20

What is actual cash value?

A) replacement minus depreciation

B) new price

C) purchase price

D) agreed value

US Insurance Arizona Advanced Test 5

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