US Insurance Pennsylvania Test 1

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Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

Insurance — Test 1 (Pennsylvania) Professional (Insurance, USA) USA — Pennsylvania State Insurance License — USA

What is this test? for Insurance (Property/Casualty, Life/Health) license, USA — Professional (Insurance, USA) level, USA — Pennsylvania.
For adults preparing for Insurance license in the USA
Section: Insurance — Test 1 (Pennsylvania) · Education: Professional (Adult) · Part: Insurance — Test 1 (Pennsylvania) · Country: USA · Region: USA — Pennsylvania

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 premium?

A) copay

B) deductible

C) claim payout

D) regular insurance payment

Question 2

What is a deductible?

A) monthly bill

B) copay

C) amount paid before coverage

D) payout

Question 3

What is a copay?

A) deductible

B) fixed visit fee

C) payout

D) premium

Question 4

What is liability coverage?

A) medical for you

B) your car repairs

C) theft of yours

D) pays others' damage you cause

Question 5

What is collision coverage?

A) flood

B) theft

C) liability

D) your car crash repairs

Question 6

What is comprehensive coverage?

A) non-crash damage (theft, hail)

B) liability

C) collision

D) health

Question 7

What is term life insurance?

A) lifetime

B) no expiry

C) investment

D) coverage for a set period

Question 8

What is whole life insurance?

A) no payout

B) lifetime plus cash value

C) term only

D) yearly

Question 9

What is a beneficiary?

A) lender

B) agent

C) person receiving payout

D) adjuster

Question 10

What is underwriting?

A) risk assessment for policies

B) claim filing

C) selling

D) canceling

Question 11

What is an exclusion?

A) premium

B) covered item

C) deductible

D) what policy does NOT cover

Question 12

What is a rider?

A) basic policy

B) added coverage option

C) cancel

D) claim

Question 13

What is coinsurance?

A) copay

B) full coverage

C) premium

D) shared percent after deductible

Question 14

What is an out-of-pocket max?

A) deductible

B) yearly payment ceiling

C) premium

D) unlimited

Question 15

What is HMO?

A) PPO

B) any doctor

C) no referrals

D) network HMO care plan

Question 16

What is PPO?

A) HMO only

B) free care

C) no coverage

D) flexible network plan

Question 17

What is flood insurance?

A) auto covers

B) no need

C) homeowners covers

D) separate NFIP policy

Question 18

What is an adjuster?

A) sells policies

B) cancels

C) collects premiums

D) assesses claim payouts

Question 19

What is subrogation?

A) doubling payout

B) canceling

C) refunding

D) insurer recovering from at-fault party

Question 20

What is actual cash value?

A) agreed value

B) new price

C) purchase price

D) replacement minus depreciation

US Insurance Pennsylvania Test 1

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