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Free Insurance Licensing Virginia-Life-Annuities-and-Health-Insurance Practice Exam with Questions & Answers | Set: 14

Questions 131

Which of the following statements regarding the renewal of a Medicare supplement policy is in accordance with Virginia regulations?

Options:
A.

Each policy is guaranteed to be renewable.

B.

Each policy is subject to an annual administrative fee to be paid prior to renewal.

C.

An individual must obtain an annual physical which meets specific health requirements to have the policy renewed.

D.

An individual has the option to renew the policy as long as the maximum annual coverage has not been met the previous year.

Insurance Licensing Virginia-Life-Annuities-and-Health-Insurance Premium Access
Certification Provider: Insurance Licensing
Exam Name: Virginia Life, Annuities, and Health Insurance Examination Series 11-01
Last Update: Jan 11, 2026
Questions: 150
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