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Free Illinois Life Exam Practice Test

Life practice questions covering the national insurance concepts common to every state. Illinois-specific law questions are coming soon.

70%

Passing score

324

Practice questions

Topics covered on the Life exam

Insurance Regulation

6 practice questions · Fair Credit Reporting Act, Fraud and false statements, Privacy and Do Not Call, USA PATRIOT Act AML, …

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General Insurance Concepts

40 practice questions · Definition of risk, Hazard, Peril, Handling risk, …

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Life Insurance Basics

70 practice questions · Insurable interest, Insurable interest parties, Personal uses, Liquidity, …

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Types of Life Insurance Policies

66 practice questions · Term basics, Level term, Decreasing term, Renewable term, …

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Life Policy Provisions Options and Riders

78 practice questions · Entire contract, Misstatement of age, Reinstatement, Ownership, …

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Annuities

44 practice questions · Purpose, Accumulation period, Annuitant, Immediate annuity, …

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Federal Tax Considerations

20 practice questions · Death benefit taxation, Cash value growth, Premium deductibility, Dividends taxation, …

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Practice Test: Life

Take a randomized, timed-style practice test. Answer choices are shuffled and your results are scored instantly with an explanation for every question.

Practice questions are study aids generated for exam preparation and are not actual exam questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules, and exam specifications with the Pennsylvania Insurance Department and the exam administrator before relying on it.