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Score Higher on Verified Virginia-Life-Annuities-and-Health-Insurance | Virginia Life, Annuities, and Health Insurance Examination Series 11-01 Exam Questions with Answers

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  • Exam Name: Virginia Life, Annuities, and Health Insurance Examination Series 11-01
  • Last Update: 19-Jan-2026
  • Questions and Answers: 150
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Virginia-Life-Annuities-and-Health-Insurance Questions and Answers

Question # 1

Who has the right to change the beneficiary of a health policy with a revocable beneficiary designation?

A.

The policyowner

B.

The beneficiary

C.

The insurer

D.

The agent

Question # 2

In a deferred annuity, which contract feature begins at a high level, often 5%-10%, and then diminishes until it disappears after a specified number of years?

A.

The surrender charge

B.

The front end sales load

C.

The guaranteed interest rate

D.

The expense charge

Question # 3

What occurs when money is transferred directly from one IRA into another IRA of the same type?

A.

A nontaxable event

B.

A taxable event

C.

A premature distribution

D.

A required distribution

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