US Insurance Washington Advanced Test 4

Insurance » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

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

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

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 beneficiary?

A) lender

B) adjuster

C) person receiving payout

D) agent

Question 2

What is a premium?

A) copay

B) claim payout

C) regular insurance payment

D) deductible

Question 3

What is a deductible?

A) amount paid before coverage

B) payout

C) copay

D) monthly bill

Question 4

What is underwriting?

A) claim filing

B) risk assessment for policies

C) selling

D) canceling

Question 5

What is a copay?

A) payout

B) premium

C) deductible

D) fixed visit fee

Question 6

What is liability coverage?

A) medical for you

B) theft of yours

C) your car repairs

D) pays others' damage you cause

Question 7

What is collision coverage?

A) liability

B) theft

C) flood

D) your car crash repairs

Question 8

What is comprehensive coverage?

A) collision

B) health

C) non-crash damage (theft, hail)

D) liability

Question 9

What is term life insurance?

A) investment

B) no expiry

C) lifetime

D) coverage for a set period

Question 10

What is whole life insurance?

A) no payout

B) lifetime plus cash value

C) yearly

D) term only

Question 11

What is an exclusion?

A) premium

B) what policy does NOT cover

C) deductible

D) covered item

Question 12

What is a rider?

A) added coverage option

B) claim

C) cancel

D) basic policy

Question 13

What is coinsurance?

A) shared percent after deductible

B) premium

C) copay

D) full coverage

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) no referrals

B) network HMO care plan

C) any doctor

D) PPO

Question 16

What is PPO?

A) no coverage

B) HMO only

C) free care

D) flexible network plan

Question 17

What is flood insurance?

A) homeowners covers

B) separate NFIP policy

C) auto covers

D) no need

Question 18

What is an adjuster?

A) collects premiums

B) cancels

C) assesses claim payouts

D) sells policies

Question 19

What is subrogation?

A) refunding

B) doubling payout

C) canceling

D) insurer recovering from at-fault party

Question 20

What is actual cash value?

A) new price

B) purchase price

C) agreed value

D) replacement minus depreciation

US Insurance Washington Advanced Test 4

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