10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
The AK-LH exam has 210 questions and runs 4 hours 30 minutes.
These 10 free AK-LH questions are organized by exam domain, so you can see how each part of the Alaska Life & Health Insurance Producer Exam blueprint is tested. Reveal the answer and explanation under each question.
An indexed universal life policy credits interest using max(0%, min(7%, index change × 75% - 1%)). The index rises 12% for the period, and monthly policy charges still apply. What crediting outcome follows?
Correct answer: D - 7%; the cap applies, and charges can still reduce cash value
An insured names two adult children, Maya and Leo, as equal primary beneficiaries per stirpes. Maya dies before the insured and leaves two children. Leo survives the insured. How are the death proceeds distributed?
Correct answer: C - Leo receives one-half, and Maya's children split the other half
A life insurer increases an applicant's premium after a consumer report reveals an undisclosed bankruptcy. The reporting agency supplied information but did not make the underwriting decision. What must the applicant receive?
Correct answer: C - An adverse-action notice identifying the agency and explaining copy and dispute rights
The owner of a nonqualified deferred annuity with taxable gain wants the value transferred directly into a new whole life policy without current taxation. What should the producer explain?
Correct answer: D - An annuity-to-life transfer is not a permitted Section 1035 exchange
During a calendar year, an Alaska producer earns $80,000 in compensation from insurance placed on unrelated clients and $44,000 from controlled business. Under Alaska's controlled-business compensation test, what is the maximum permitted amount and the result?
Correct answer: B - $40,000; the producer exceeds the limit by $4,000
An HMO member is traveling outside the plan's service area when sudden one-sided weakness and inability to speak require treatment at the nearest emergency department. No primary care referral was obtained. Which coverage principle applies under standard HMO emergency-service provisions?
Correct answer: A - Out-of-network emergency care is generally covered without a prior PCP referral
A monthly-premium health policy lapses. When the overdue premium is paid, the insurer requires a reinstatement application and issues a conditional receipt. The insurer neither approves nor disapproves the application, and pneumonia begins on day 49 after the receipt. How does the policy respond?
Correct answer: B - Reinstatement occurred on day 45, but the pneumonia began too soon to be covered
After a qualifying hospital stay, a Medicare beneficiary enters a skilled nursing facility. By the third week, she no longer needs daily skilled nursing or therapy but needs indefinite help with bathing and dressing. Which statement correctly describes Original Medicare's responsibility at this point?
Correct answer: B - Original Medicare does not cover long-term custodial care alone
A dependent child is covered under both parents' group health plans. One parent was born March 18, 1987; the other was born October 2, 1981. There is no court order, and both plans use the standard birthday rule. Which plan is primary?
Correct answer: A - The March 18 parent's plan, because that birthday occurs earlier in the year
An Alaska health insurer received a clean covered health-care claim 32 calendar days ago. It has neither paid nor denied the claim and did not request additional information. Which requirement now applies?
Correct answer: A - The claim is overdue, and 15% annual interest accrues on the unpaid amount
The AK-LH exam also covers these domains. Drill them in the full free practice test:
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