Free Insurance Regulation Practice Questions

Virginia Accident & Health exam — 26 practice questions.

Subtopics: Regulatory authority, License required, Appointment, Continuing education, Unfair claims practices, Misrepresentation, Rebating, Guaranty association, Replacement, License renewal, Fraud, Producer suitability, Examination authority, Cease and desist, Recordkeeping, Defamation, Fair Credit Reporting Act, Fraud and false statements, Privacy GLBA, Affordable Care Act, Do Not Call, McCarran-Ferguson Act, HIPAA administrative simplification, Mental Health Parity, Newborns and Mothers Health Protection, Women's Health and Cancer Rights Act

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Sample questions & answers

1. Accident and health insurance in Virginia is regulated by:

The State Corporation Commission's Bureau of Insurance

The SCC Bureau of Insurance regulates accident and health insurance in Virginia; there is no separately elected insurance commissioner.

2. To sell health insurance in Virginia a producer generally must hold:

A license with the accident and health (or sickness) line of authority

A producer must hold the accident and health line of authority to transact health insurance in Virginia.

3. Before a producer may represent a health insurer in Virginia the insurer generally must:

File an appointment for the producer

An insurer must appoint the producer to act on its behalf in addition to the producer holding a license.

4. Virginia continuing education for health producers commonly requires:

A set number of hours, including an ethics component, each cycle

Resident producers generally complete required CE hours, commonly including ethics, during each biennial cycle.

All Accident & Health topics

Practice: Insurance Regulation

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 Insurance Department and the exam administrator before relying on it.