10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
These 10 free MO-LH questions are organized by exam domain, so you can see how each part of the Missouri Life & Health Insurance Producer Exam blueprint is tested. Reveal the answer and explanation under each question.
An indexed universal life policy uses annual point-to-point crediting, an 80% participation rate, a 9% cap, and a 0% floor. The index rises from 2,000 to 2,250 during the crediting period, and policy charges are deducted separately. The credited result is:
Correct answer: C - A 9% credit; separate charges may still reduce account value
An applicant pays the initial premium and receives a conditional receipt stating that coverage is effective on the later of the application date or medical-exam date if the applicant met the insurer's underwriting standards then. The applicant dies before delivery, and underwriting later confirms those standards were met. How does the receipt apply?
Correct answer: B - Coverage applies from the receipt's stated effective date, subject to its terms
A 46-year-old owns a life policy that failed the 7-pay test and is therefore a modified endowment contract. The policy has $30,000 of gain, and the owner takes a $20,000 policy loan. No penalty exception applies. What tax treatment follows?
Correct answer: A - The full $20,000 is taxable as gain first and generally faces the 10% additional tax
An insured is certified as unable, without substantial assistance, to bathe and dress for an expected 120 days. The insured has no severe cognitive impairment. Under a tax-qualified long-term care policy, which conclusion is correct?
Correct answer: C - The 2-of-6 ADL, 90-day functional trigger is met
A 66-year-old retires and loses group health coverage based on current employment. The retiree elects COBRA and assumes Medicare Part B can be postponed until COBRA ends. The retiree should be advised that:
Correct answer: C - The eight-month Part B special-enrollment clock is not extended by COBRA
A producer has an active Missouri producer license with life and health authority and has completed an insurer's training, but the insurer has not entered the producer on its register of appointed producers. May the producer take an application on that insurer's behalf?
Correct answer: D - No, the producer must first be listed on the insurer's register
An agent uses cash value from an existing policy to place the client into a nearly identical policy from the same insurer. The client receives no meaningful benefit, while the transaction creates a new commission and restarts surrender charges. Which unfair practice is most precisely illustrated?
Correct answer: C - Churning
Two annuities are reasonably available for a Missouri client. One pays the producer more and includes a feature that better addresses the client's documented needs. The producer discloses the compensation, manages the conflict, and documents the recommendation. Which statement best reflects Missouri's best-interest rule?
Correct answer: A - The higher-paying annuity may be recommended if all best-interest duties are met
A Missouri HMO enrollee develops sudden crushing chest pain while traveling and goes to the nearest out-of-network emergency department. The final diagnosis is severe indigestion. What must the health carrier do?
Correct answer: D - Cover screening and stabilization without prior authorization, subject to cost sharing
A Missouri health plan already covers dependent children. A covered employee's baby is born with a congenital heart defect, and the plan requires an added premium for dependent coverage. The employee notifies the carrier and pays the required premium 20 days after birth. Which result follows?
Correct answer: B - Coverage applies from birth, including treatment of the congenital defect
The MO-LH exam also covers these domains. Drill them in the full free practice test:
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