Finance Exams

Life & Health Insurance Exam Prep — 400 Flashcards + Free Mock

A focused Anki deck for Life & Health insurance producer exam active recall and licensing terminology.

Life & Health Insurance product preview

Instant .apkg download · Gumroad secure checkout

Free readiness check

Free Life and Health Insurance Practice Test | 60

Run the linked 60-question timed practice test for topic scoring, answer review, and a pass/no-pass remediation plan before deciding what to drill next.

Take free 60-question Life & Health Insurance practice test

Sample cards

Sample Anki card: What is risk in insurance?

What is risk in insurance?

Risk is uncertainty or chance of loss. Insurance transfers certain financial consequences of risk from insured to insurer. Risk of premature death can be transferred through life insurance.

Sample Anki card: What is pure risk?

What is pure risk?

Pure risk involves only the chance of loss or no loss, not gain, and is generally insurable. Risk of sickness, disability, or death.

Sample Anki card: What is speculative risk?

What is speculative risk?

Speculative risk involves chance of gain, loss, or no change and is generally not insurable. Starting a business or buying stock involves speculative risk.

Product facts

Cards
400
Coverage
Life & Health insurance producer exam core topics: general principles, life policies, provisions and riders, annuities, health plans, disability and LTC, Medicare, tax, replacement, ethics, and producer duties
Format
.apkg
Price
$11 USD
Checkout
Gumroad
Exam cycle
Current Life & Health insurance producer exam cycle
Delivery
Digital download through Gumroad

Coverage by exam topic

TopicExam weightCards
General Insurance PrinciplesLife & Health topicHigh-yield cards
Life Insurance Policy TypesLife & Health topicHigh-yield cards
Policy Provisions, Options, and RidersLife & Health topicHigh-yield cards
AnnuitiesLife & Health topicHigh-yield cards
Health Insurance Plans and Cost-SharingLife & Health topicHigh-yield cards
Disability Income and Long-Term CareLife & Health topicHigh-yield cards
Medicare BasicsLife & Health topicHigh-yield cards
Tax Treatment, Replacement, Ethics, and Producer ResponsibilitiesLife & Health topicHigh-yield cards
More about Life & Health InsuranceExam format, study tips, and how this deck compares

Life & Health insurance exam prep

Policy provisions, riders, annuities, Medicare basics, and replacement rules — the Life & Health producer exam staples. Use the free insurance mock for timed practice, then filter Anki to missed topic areas.

Built for: Life & Health insurance license candidates, new insurance producers, career changers entering insurance sales, pre-licensing students, and candidates who want active recall for policy provisions, riders, annuities, health plans, and insurance terminology.

Covers: Life & Health insurance producer exam core topics: general principles, life policies, provisions and riders, annuities, health plans, disability and LTC, Medicare, tax, replacement, ethics, and producer duties.

  • Spaced-repetition flashcards
  • 400 exam-focused flashcards
  • Topic coverage table and samples on this page
  • Linked free 60-question practice test
Take the free Life & Health Insurance practice test first

How this deck compares

400 cards for Life & Health Insurance matches the current life & health insurance producer exam core topics: general principles, life policies, provisions and riders, annuities, health plans, disability and ltc, medicare, tax, replacement, ethics, and producer duties in the coverage table — sized for daily review, not maximum download size. Start with the free 60-question Life & Health Insurance practice test, then drill weak rows from the table.

ApproachTypical sizeTradeoffs
Free community decks1,000–3,000
  • Unknown accuracy and mixed exam cycles in one download
  • Card dumps not weighted to official topic tables
  • No linked practice test to show what to drill next
Budget mega-packs1,000+
  • Volume over signal — daily review time balloons
  • Weak alignment to exam topic weights
  • No validation gate before cards ship
This deck400 exam-focused flashcards
  • 400 Life & Health cards: policies, riders, annuities, Medicare
  • National producer-exam core topics in the coverage table
  • Free Life & Health insurance practice test
  • Sized for licensing prep — not unlimited insurance trivia

Life & Health Insurance study guide

What is inside

Life & Health licensing cards: policy types (term, whole, universal), riders, annuities, group vs individual health, Medicare Parts A–D basics, HIPAA privacy, replacement regulations, and producer licensing duties. Cards track national outline language state exams adapt.

Plan with the free mock

20 cards/day for four weeks, then the free Life & Health practice test. Review annuity and Medicare sections twice — they carry disproportionate question share. Pair with P&C deck only if pursuing both lines.

Pitfalls this deck targets

Producers confuse replacement notice periods, Medicare eligibility ages, and tax treatment of qualified vs non-qualified plans. Cards state the rule boundary, not generic definitions.

U.S. Life and Health insurance producer licensing exams are state-administered (often via PSI or Pearson VUE). Outlines vary by state; this page summarizes common topic areas and independent UniPrep2Go study products (not official state exam material).

Questions
Varies by state; commonly 100–150 multiple-choice
Time
Varies by state; commonly 2–3 hours
Passing score
Varies by state; commonly 70%
Delivery
Computer-based at authorized testing centers
Administered by
State insurance department (exam vendor varies by state)

Knowledge domains and weights

DomainWeight
Health Insurance~21%
Life Insurance Basics~18%
Policy Provisions, Options, and Riders~18%
General Insurance Concepts~12%
Annuities~11%
Taxation and Regulation~11%
Disability and Long-Term Care~9%

High-yield facts (commonly tested)

  • An insurable interest must exist at the time of application for life insurance on another person.
  • Whole life provides permanent coverage with a cash value component; term life provides coverage for a set period.
  • The free-look period lets a policyowner cancel within a state-mandated window after delivery.
  • Medicare Part A covers hospital insurance; Part B covers medical services; Part D covers prescription drugs.
  • HMO plans require use of network providers; PPO plans allow out-of-network care at higher cost sharing.

Verify current exam fees, scheduling, and administrative details at www.naic.org. Independent study aid — not official exam material.

FAQ

What is on the Life and Health insurance license exam?

Typical outlines cover life insurance basics, health insurance, policy provisions, annuities, disability, long-term care, and state regulation — exact weights vary by state.

Is the insurance licensing exam the same in every state?

No. Each state sets its outline, question count, and passing score; verify with your state Department of Insurance before scheduling.

What file format is delivered?

An Anki-compatible .apkg file delivered through Gumroad.

More questions (1)

Is this official state insurance exam material?

No. This is an independent study aid and is not affiliated with, endorsed by, or sponsored by any state insurance department or exam provider.

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Last updated 2026-05-31.

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