100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
CALIFORNIA Life, Accident and Health EXAM PACKAGE |GRADED A+ $38.99   Add to cart

Package deal

CALIFORNIA Life, Accident and Health EXAM PACKAGE |GRADED A+

CALIFORNIA Life, Accident and Health EXAM PACKAGE |GRADED A+CALIFORNIA Life, Accident and Health EXAM PACKAGE |GRADED A+CALIFORNIA Life, Accident and Health EXAM PACKAGE |GRADED A+CALIFORNIA Life, Accident and Health EXAM PACKAGE |GRADED A+CALIFORNIA Life, Accident and Health EXAM PACKAGE |GRADED A...

[Show more]
22 items

California Life, Accident, and Health Licensing Questions &Answers(RATED A+)California Life, Accident, and Health Licensing Questions &Answers(RATED A+)

(0)
$11.99

Co-insurance -ANSWER The policy provision which requires the insurer and the insured to share in the cost of services rendered Exclusion ratio -ANSWER The formula which is used by the IRS to determine how much is taxable to an annuitant during the pay out period. Occupational policy -ANSWER Wh...

View example

California Life Accident and Health agent exam Questions 100% Solved!!

(0)
$11.49

If an applicant for a health insurance policy is found to be a substandard risk, the insurance company is most likely to A) lower its insurability standards B) refuse to issue the policy C) charge an extra premium D) require a yearly medical examination -ANSWER C) charge and extra premium Th...

View example

CALIFORNIA Life, Accident and Health final exam Accurate 100%

(0)
$11.99

A moral hazard -ANSWER is a dishonest person (lacking in morals) A morale hazard -ANSWER a careless person. A peril -ANSWER is a cause of loss Pure risk -ANSWER is insurable & includes only a chance of loss. The highest premium -ANSWER would be found with a substandard risk classificatio...

View example

Life, Accident and Health Exam Questions With Correct Solutions!!

(0)
$11.49

Annuity -ANSWER -A contract between a person and an insurance company that requires the insurer to make payments to you. -You buy an annuity by making either a single payment or a series of payments -Annuity Death benefits are NOT tax deductible or taxfree Dividends -ANSWER -Declared by the boa...

View example

CA Life Insurance Exam Questions & Answers(RATED A+)

(0)
$11.99

What is meant by referring to an insurance policy as a unilateral contract? -ANSWER Only one party makes a legally enforceable promise. When must insurance records of insurance agents and brokers be made available to the Insurance Commissioner? -ANSWER At all times. Any situation that presents...

View example

California Life, Accident and Health Cram Course Exam 1-3 Questions & Answers(SCORED A+)

(0)
$13.99

Question #90476 Carol is injured driving a company car at work. Her Health insurance coverage: AProvides excess or supplementary coverage BWill provide coverage on a pro-rata basis with Workers Compensation CWill cover her injuries DWill not cover her since this is an occupational injury ...

View example

California Life, Accident and Health Cram Course Exam 1-3 Questions & Answers(SCORED A+)

(0)
$13.99

Question #90476 Carol is injured driving a company car at work. Her Health insurance coverage: AProvides excess or supplementary coverage BWill provide coverage on a pro-rata basis with Workers Compensation CWill cover her injuries DWill not cover her since this is an occupational injury ...

View example

FInal Exam: California Life, Accident, and Health Insurance Correct 100%

(0)
$11.99

What distinguishes a deferred annuity from an immediate annuity? -ANSWER The time at which benefit payments start Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 years, Cindy dies. How many remaining payments will the insurer make to her ben...

View example

Final Exam - California Life and Health Questions & Answers(RATED A+)

(0)
$11.49

Employer-provided group term life insurance is exempt from income taxation up to - ANSWER$50,000 Medicare Part B has an initial enrollment period. How many months after an individual's 65th birthday month does this enrollment period end? - ANSWER3 months Which statement is true regarding poli...

View example

Final Exam: California Life, Accident, and Health Insurance Questions & Answers(SCORED A+)

(0)
$11.99

What is an insurance solicitor authorized to do? -ANSWER Help an agent or broker sell insurance According to the California Insurance Code, what is "insurance"? -ANSWER A contract What does a Hospital Confinement indemnity policy pay for? -ANSWER Pay a specified daily amount while the insure...

View example

California Life Accident and Health Exam Practice Questions & Answers(GRADED A+)

(0)
$14.09

A ABC INSURANCE -ANSWER JOHN IS THE AGENT FOR ABC INSURANCE AND JANE IS THE INSURED. WHO IS THE PRINCIPAL IN THIS AGENCY RELATIONSHIP? A ABC INSURANCE B JOHN C JANE D NONE D ADMITTED -ANSWER A(N) ________ INSURER IS AUTHORIZED TO WRITE INSURANCE POLICIES IN A PARTICULAR STATE. A DOMES...

View example

Final Exam: California Life, Accident, and Health Insurance Questions & Answers(RATED A+)

(0)
$11.99

What is considered the most common type of specified disease insurance policy? - ANSWERCancer Minimum participation standards exist for a group health insurance plans in order to - ANSWERPrevent Adverse Selection How does underwriting differ between group life and individual life insurance? - ...

View example

Final Exam: California Life, Accident, and Health Insurance Correct 100%

(0)
$11.49

The systematic liquidation of a sum of money is provided by a(n) - ANSWERannuity An annuitant would like to determine the current value of her annuity. To do this, she multiplies the number of "accumulation units" she owns times the unit value of the "separate account". What kind of annuity B...

View example

CA Life and Health Exam Correct 100%

(0)
$10.99

What is insurance? -ANSWER Insurance is the legal contract where two parties agree that if something will happen, a value will be exchanged. What's the difference between pure risk and speculative risk? -ANSWER Pure risk is when you'll lose it all or there will be no change. Speculative risk yo...

View example

CA PSI Site - Life, Accident and Health Agent Examination (Life Agent)Questions With Correct Solutions!!

(0)
$12.99

Admitted Insurance Company vs. Non-Admitted Insurance Company - ANSWERAn admitted insurance company is authorized to transact insurance in California because it has a Certificate of Authority granted by the California Department of Insurance (CDI) A non-admitted insurance company is not authorize...

View example

Final Exam: California Life, Accident, and health insurance Accurate 100%

(0)
$11.99

According to the California Insurance Code, what term is used to describe a fact so important it could affect the policy premium? - ANSWERMateriality Which of the following is NOT a life insurance settlement option? - ANSWERExtended Term Option True answer- Life income option, Fixed amount op...

View example

CA- PSI- Life, Accident & Health Exam Questions & Answers(SCORED A+)

(0)
$10.49

Reduced Paid Up -ANSWER Nonforfeiture option provides new whole life policy at reduced face amount of protection. Provides coverage for longest time. Extended Term -ANSWER Nonforfeiture option provides new TERM policy with same face amount of coverage as original policy Guaranteed Lifetime Wit...

View example

CA Life Insurance Practice Exam Questions & Answers(RATED A)

(0)
$12.59

A key person is typically all of the following, except: -ANSWER -Not directly involved in sales, production, or service Key persons are employees whose contributions have a significant impact on the revenue and profitability of the company, especially in small businesses. They are typically: part...

View example

CA Life health accident exam Questions 100% Answered!!

(0)
$10.99

If an insurer indicates that an illustration will be used, they must do which of the following? - ANSWERSend a summary status report to policy owner annually What does the phrase "life insurance creates an immediate estate" mean? - ANSWERThe total death benefit will be paid to a beneficiary on ...

View example

52 HOUR CALIFORNIA LIFE, ACCIDENT AND HEALTH COURSE Quizzes & Solutions!!

(0)
$12.19

#8Question #121859 When an insurer can no longer meet its financial obligations when they are due, the insurer is considered to be: - ANSWERCorrect Answer: Insolvent Explanation: Insolvency means any impairment of required minimum paid-in capital or the inability of the insurer to meet its fi...

View example

Final Exam: California Life, Accident, & Health Insurance Questions With Correct Answers!!

(0)
$11.49

Premiums are Best described as - ANSWERthe amount an insured pays per unit of coverage Cindy buys a 10-year certain annuity with an installment refund. After receiving monthly payments for 5 years, Cindy dies. How many remaining payments will the insurer make to her beneficiary? - ANSWER60 paymen...

View example

California Life and Health Final Exam Correct 100%

(0)
$11.99

Whole Life Policies -ANSWER also called permanent insurance, builds cash value, policy endows at age 100 401(k) -ANSWER a Cash or Deferred Arrangement (CODA) plan that is a modified profit-sharing or pension plan. 403(b) -ANSWER a Cash or Deferred Arrangement (CODA) plan that is a modified pro...

View example
Show all
avatar-seller

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller papersbyjol. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $38.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67866 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Recently viewed by you


$265.68 $38.99
  • (0)
  Add to cart