PH Life Insurance Agent Exam

RIVERMAP AI SOLUTIONS LTD

In-app purchases

About this app

PH Life Insurance Agent Exam is a reviewer for the Philippine life insurance agent exam, the Traditional Life qualifying examination. It is an independent study tool, not affiliated with the Insurance Commission, any insurance company or any government body. Inside are 510 original practice questions, 132 flashcards and 7 Topic Notes, written from the Insurance Code and the consumer protection rules the exam tests.

WHAT'S INSIDE
- 510 practice questions across six topics, every one explained, with the section of law it rests on
- 132 flashcards, 22 per topic, for the rules you must know cold
- 7 Topic Notes: the exam format, plus one page per topic
- A timed Mock Exam of 50 questions
- Review of the questions you got wrong, and a readiness score per topic

A REALISTIC MOCK EXAM
The real exam has 50 multiple-choice questions, all compulsory, and you need a grade of 70% to pass. Each examinee gets a random set from a fixed question databank. The Mock Exam draws 50 questions across the six topics and asks for 35 correct.
IC's examination notices (CL 2021-15 for the online ACE, CL 2025-13 for the on-site ACE) do not state an answering time for the agents' exam. The 60-minute timer here is a practice format chosen by this app, not an exam rule.
The exam is computer-based, taken on site or online, and the insurance company you will represent registers you for it.

TOPICS COVERED
- The Insurance Contract: insurable interest, concealment, representation, warranties and premium (123 questions)
- Life Insurance and Beneficiaries: changing and losing a beneficiary, minors, suicide (71)
- Required Life Policy Provisions: grace period, incontestability, nonforfeiture, policy loans, reinstatement (107)
- Claims Settlement: time limits, interest for delay, unfair claim practices (53)
- Agent Licensing and Duties: who needs a license, renewal, premiums held in trust (70)
- Market Conduct and Consumer Protection: rebating, twisting, suitability, disclosure (86)

WHAT IT DOES NOT COVER
This life insurance agent exam reviewer covers Traditional Life only. There are no variable life (VUL) questions: selling variable contracts needs a separate license under RA 10607 Sec. 316. Non-life insurance is not covered, and neither are general insurance principles that no law sets out, such as risk concepts, comparing product types, premium calculation or needs analysis.

STUDY YOUR WAY
- Works fully offline, no account, no sign-up
- Progress stays on your device
- Try it free: 5 questions and 10 flashcards per topic, one Mock Exam and two Topic Notes
- One purchase unlocks everything, no subscription

SOURCES
The questions and explanations are based on the Philippine laws and regulations below.
RA 10607 (Insurance Code, as amended): https://insurance.gov.ph/wp-content/uploads/2022/04/Republic-Act-No.-10607-2013.pdf
RA 11765 (Financial Products and Services Consumer Protection Act): https://lawphil.net/statutes/repacts/ra2022/ra_11765_2022.html
IC Memorandum Circular No. 2023-01: https://www.insurance.gov.ph/wp-content/uploads/2023/03/IMC-2023-01_IRR-of-R.A.-No.-11765-Otherwise-Known-as-the-Financial-Products-and-Services-Consumer-Protection-Act.pdf

Exam format, passing grade and registration:
IC Circular Letter No. 2021-15: https://www.insurance.gov.ph/wp-content/uploads/2022/02/CL2021_15.pdf
IC Circular Letter No. 2026-12: https://www.insurance.gov.ph/wp-content/uploads/2026/06/IC-CL-No.-2026-12_Amendment-to-CL-No.-2025-13-re-Agents-Qualifying-Examination_LIC.pdf
IC Memorandum Circular No. 1993-3: https://www.insurance.gov.ph/wp-content/uploads/2022/04/IMC1993-3.pdf

ABOUT
Original questions and explanations by RiverMap Learning. No real exam questions, company training manuals or reviewer books are reproduced. Laws and circulars change: check the current text before relying on a rule at work.