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Life and Health Insurance Producer Exam

Long-term care (IL): practice questions

Our Life & Health Insurance bank has 6 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Illinois

Before an Illinois LTC policy lapses for nonpayment, how much advance notice must the insurer give the insured and the designated third party?

  1. None beyond the grace period
  2. At least 60 days after due date
  3. At least 30 days before the lapse takes effect
  4. At least 10 days before lapse
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C. At least 30 days before the lapse takes effect — 50 Ill. Adm. Code 2012.55(a)(3).

Question 2 · Illinois

Illinois LTC marketing rules prohibit marketing that fails to disclose it is a solicitation and that a producer will make contact. What is this called?

  1. Twisting
  2. High pressure tactics
  3. Unfair discrimination between insureds of the same class
  4. Cold lead advertising
Show the answer

D. Cold lead advertising — 50 Ill. Adm. Code 2012.122(b)(3).

Question 3 · Illinois

How long does an individual long-term care policyholder in Illinois have to return the policy for a premium refund?

  1. 10 days
  2. 30 days from delivery
  3. 20 days from the date the outline of coverage was given
  4. 45 days
Show the answer

B. 30 days from delivery — 215 ILCS 5/351A-7(a).

Question 4 · Illinois

What LTC training must an Illinois accident and health producer complete to sell long-term care insurance?

  1. 4 hours one-time only
  2. 12 hours each renewal
  3. 8 hours one-time, then 4 hours before each renewal
  4. 16 hours one-time, then 8 hours every year in a classroom setting
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C. 8 hours one-time, then 4 hours before each renewal — 50 Ill. Adm. Code 2012.121(b)(1).

Question 5 · Illinois

After an Illinois LTC policy has been in force for 2 years, on what basis may it still be contested?

  1. Only knowing and intentional misrepresentation about health
  2. Any material misrepresentation
  3. Any misstatement relating to the condition for which the pending claim was filed
  4. None whatsoever
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A. Only knowing and intentional misrepresentation about health — 50 Ill. Adm. Code 2012.83(c).

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