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Virginia Insurance Virginia Life, Annuities, and Health Insurance Examination Series 1101 Exam - Topic 11 Question 9 Discussion

Actual exam question for Virginia Insurance's Virginia Life, Annuities, and Health Insurance Examination Series 1101 exam

Question #: 9
Topic #: 11

[All Virginia Life, Annuities, and Health Insurance Examination Series 1101 Questions]

An accelerated benefit rider in a life insurance policy may provide funds to an insured who:

AIs expected to die within six months

BHas a back injury requiring two years of rehabilitation

CIs about to have minor surgery

DElects to receive supplemental retirement income

Show Suggested Answer

Suggested Answer: A

An accelerated benefit rider allows the policyholder to access a portion of the death benefit while they are still alive, typically in cases where the insured is diagnosed with a terminal illness and is expected to die within a certain period (usually six months). This rider provides financial assistance during the policyholder's final stages of life, allowing them to cover medical expenses or other costs. It does not apply for minor surgeries or long-term rehabilitation.

by Marta at May 07, 2026, 05:09 AM

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Dana

5 hours ago

I’m a bit confused. I thought accelerated benefits could apply to other situations too, but I can’t recall any specifics.

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Omer

5 days ago

I remember practicing a question like this, and I think it was about someone with a serious illness. A sounds right, but I wonder if there are exceptions.

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Nathalie

11 days ago

I think the accelerated benefit rider is mainly for terminal illnesses, so I’m leaning towards option A, but I’m not completely sure.

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Maile

16 days ago

I don’t think it’s about rehabilitation or retirement income, so I’m also thinking A is the best choice based on what I studied.

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Lisha

2 months ago

I’m a bit confused about this one. I thought accelerated benefits could apply to serious conditions, but I’m not sure if minor surgery counts.

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Tamar

2 months ago

I remember practicing a similar question where the focus was on critical illness, and I think it was about life expectancy too. A seems to fit that.

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Tu

2 months ago

I think the accelerated benefit rider is mainly for terminal illnesses, so I’m leaning towards option A, but I’m not completely sure.

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