Insurance L&H License Question Types
Every question format explained with tips and strategies to maximize your score.
Overview
Insurance producer licenses are state-issued and required to sell life, health, property, or casualty insurance. The Life & Health (L&H) exam covers insurance concepts, policy types, state insurance law, and ethical sales practices. Administered by PSI or Pearson VUE.
Question Types
Product knowledge
Features, definitions, and provisions of insurance products.
Strategies
- ✓Know the difference between term and permanent insurance precisely
- ✓Understand annuity phases: accumulation vs. annuitization
Regulatory/ethical
Unfair practices, replacement rules, state regulation.
Strategies
- ✓Rebating = giving a client any portion of commission — illegal in most states
- ✓Twisting = using misleading info to replace insurance — illegal
General Strategies
- 1.Know the four parts of Medicare (A, B, C, D) cold — multiple questions per exam.
- 2.Understand the difference between term and permanent life thoroughly including riders.
- 3.Unfair trade practices (rebating, twisting, churning, misrepresentation) are heavily tested.
- 4.Disability insurance definitions: own-occupation vs. any-occupation is a key distinction.
- 5.Use ExamFX or Kaplan's pre-licensing course — both align closely to exam content.