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Virginia-Life-Annuities-and-Health-Insurance Dumps - Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Practice Exam Questions

Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance - Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Braindumps

Virginia Insurance Virginia-Life-Annuities-and-Health-Insurance - Virginia Insurance License Practice Exam

  • Certification Provider:Virginia Insurance
  • Exam Code:Virginia-Life-Annuities-and-Health-Insurance
  • Exam Name:Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Exam
  • Total Questions:150 Questions and Answers
  • Updated on:Sep 10, 2025
  • Product Format: PDF & Test Engine Software Version
  • Support: 24x7 Customer Support on Live Chat and Email
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Virginia-Life-Annuities-and-Health-Insurance Question and Answers

Question # 1

Immediate annuities are often purchased by people who:

Options:

A.  

Desire a tax deduction in the current year

B.  

Want to contribute to a tax-sheltered annuity

C.  

Have a lump sum to invest at retirement

D.  

Want to accumulate funds for retirement at a later date

Discussion 0
Question # 2

Which type of health insurance helps to pay for the cost of care in cases where hospitalization is not required but the individuals are unable to care for themselves?

Options:

A.  

Medicare

B.  

Long-term care

C.  

Major medical

D.  

Disability income

Discussion 0
Question # 3

Needs analysis is a method of life insurance planning which:

Options:

A.  

Identifies the needs of an individual and the individual’s dependents

B.  

Eliminates the need for estimating future interest and inflation rates

C.  

Requires the team effort of the agent and home office underwriter

D.  

Ignores Social Security benefit payments

Discussion 0

PDF vs Software Version

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Virginia-Life-Annuities-and-Health-Insurance FAQs

This exam is a mandatory licensing test for individuals who want to sell life, annuities, and health insurance products in Virginia.

The exam is administered by Prometric on behalf of the Virginia Bureau of Insurance.

You must pass the Series 11-01 exam to legally sell life and health insurance policies in Virginia.

The official code is Virginia-Life-Annuities-and-Health-Insurance.

There are 105 scored questions and 10 pretest questions, totaling 115.

You’ll have 2 hours and 30 minutes to complete the test.

You need at least a 70% score to pass the exam.

Yes! All questions are multiple-choice, with only one correct answer.

You can retake the exam, but you'll need to pay the fee again and reschedule.

Yes, you must wait 24 hours before rescheduling your next attempt.

No official limit, but repeated failures may prompt additional education requirements.

The exam includes:

  •     Types of Policies
  •     Policy Provisions, Riders & Options
  •     Completing the Application & Underwriting
  •     Group Policies
  •     Medicare/Medicaid
  •     Annuities
  •     Tax Considerations
  •     Virginia Insurance Laws and Regulations

Yes, both federal laws and Virginia-specific laws are tested.

Absolutely. Ethics and compliance are essential parts of the syllabus.

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