An Illinois resident purchases a $500,000 term life insurance policy with a 20-year term. The annual premium is $1,200. If the insured dies in year 15, and the policy has a guaranteed insurability rider allowing the purchase of an additional $250,000 of coverage without a medical exam, what is the maximum death benefit payable to the beneficiary, assuming no other riders or riders’ values have been exercised?

$500,000. The death benefit is the face amount of the policy. Riders like guaranteed insurability allow the policyholder to purchase additional coverage, but they do not increase the death benefit of the existing policy. The death benefit payable is the original $500,000.

A client has a group long-term disability (LTD) policy through their employer with a benefit period of 'to age 65.' The policy defines total disability as the inability to perform the substantial and material duties of one's own occupation for the first 24 months, after which it changes to the inability to perform the duties of any occupation for which the insured is reasonably fitted by education, training, or experience. The insured suffers a disabling injury at age 50 and is unable to work in their own occupation. After 24 months, their medical condition improves slightly, but they are still unable to perform the duties of any occupation. Under which definition of disability would the insured likely continue to receive benefits?

Both the Own Occupation and Any Occupation definitions. The policy uses a split definition. For the first 24 months, the 'Own Occupation' definition applies. Since the insured is still unable to work in their own occupation, they qualify. After 24 months, the 'Any Occupation' definition applies. As the insured is unable to perform any occupation for which they are suited, they continue to qualify under this second, stricter definition.

Under the Illinois Insurance Code, what is the minimum required notice period for an insurer to non-renew a health insurance policy for reasons other than non-payment of premiums?

60 days. Illinois law requires insurers to provide at least 60 days' written notice to the policyholder before non-renewing a health insurance policy for reasons other than non-payment of premium. This allows the insured time to seek alternative coverage.

Free Illinois Life & Health Insurance License Exam Practice Test

Realistic 50-question practice exam with instant feedback and score reports.

Start free practice test

About this practice exam

Free Illinois Life & Health Insurance License Exam practice test with 50 realistic multiple-choice questions, instant grading, and explanations. Study with drill mode, category score reports, and a personalized review plan.

Exam format

50 multiple-choice practice questions
Drill mode with instant feedback and explanations after each answer

Study tips

Review the official exam content outline before your first practice run.
Take the full practice exam once to establish a baseline score by category.
Focus review on categories where you score below the passing threshold.
Re-take missed questions in drill mode until you can explain each correct answer.
Schedule the real exam only after consistent passing scores on practice tests.

Sample IL L&H practice questions

Try a few representative questions below. Each includes the correct answer and a short explanation — the same style you'll see in the full practice test.

Question 1Life Insurance Policy Provisions
An Illinois resident purchases a $500,000 term life insurance policy with a 20-year term. The annual premium is $1,200. If the insured dies in year 15, and the policy has a guaranteed insurability rider allowing the purchase of an additional $250,000 of coverage without a medical exam, what is the maximum death benefit payable to the beneficiary, assuming no other riders or riders’ values have been exercised?
- A.The cash surrender value plus $500,000
- B.$1,000,000
- C.$500,000(Correct)
- D.$750,000
Explanation
The death benefit is the face amount of the policy. Riders like guaranteed insurability allow the policyholder to purchase additional coverage, but they do not increase the death benefit of the existing policy. The death benefit payable is the original $500,000.
Question 2Disability Insurance
A client has a group long-term disability (LTD) policy through their employer with a benefit period of 'to age 65.' The policy defines total disability as the inability to perform the substantial and material duties of one's own occupation for the first 24 months, after which it changes to the inability to perform the duties of any occupation for which the insured is reasonably fitted by education, training, or experience. The insured suffers a disabling injury at age 50 and is unable to work in their own occupation. After 24 months, their medical condition improves slightly, but they are still unable to perform the duties of any occupation. Under which definition of disability would the insured likely continue to receive benefits?
- A.Own Occupation definition only
- B.Any Occupation definition only
- C.Neither definition applies after the initial 24 months
- D.Both the Own Occupation and Any Occupation definitions(Correct)
Explanation
The policy uses a split definition. For the first 24 months, the 'Own Occupation' definition applies. Since the insured is still unable to work in their own occupation, they qualify. After 24 months, the 'Any Occupation' definition applies. As the insured is unable to perform any occupation for which they are suited, they continue to qualify under this second, stricter definition.
Question 3Health Insurance Regulations
Under the Illinois Insurance Code, what is the minimum required notice period for an insurer to non-renew a health insurance policy for reasons other than non-payment of premiums?
- A.15 days
- B.30 days
- C.60 days(Correct)
- D.90 days
Explanation
Illinois law requires insurers to provide at least 60 days' written notice to the policyholder before non-renewing a health insurance policy for reasons other than non-payment of premium. This allows the insured time to seek alternative coverage.

Want the full exam? Start the free practice test →

Frequently asked questions

How many questions are on this IL L&H practice test?

This practice test includes 50 multiple-choice questions designed to mirror the format and difficulty of the real Illinois Life & Health Insurance License Exam.

Is this IL L&H practice test free?

Yes. You can start practicing for free. Create an account to save progress, track weak categories, and retake the exam.

Do I get explanations after each question?

Yes. In drill mode you see why the correct answer is right, why distractors are wrong, and practical examples where relevant.

How should I use this practice test to prepare?

Take the full exam under timed conditions, review missed questions by category, then focus study on your weakest sections before scheduling the real exam.

Does this replace official exam materials?

No. Use this as a supplement alongside official candidate information bulletins, textbooks, and hands-on experience required for your license or certification.

Related practice tests

Ready to test your knowledge?

Free 50-question practice exam — no sign-up required to try.

Start practice test