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Package deal for California life Insurance Exam Questions with 100% Correct Answers | Verified and Updated
Package deal for California life Insurance Exam Questions with 100% Correct Answers | Verified and Updated
[Show more]Package deal for California life Insurance Exam Questions with 100% Correct Answers | Verified and Updated
[Show more]CA Life and Health Exam Questions and 
Answers Already Passed 
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 ...
Preview 2 out of 6 pages
Add to cartCA Life and Health Exam Questions and 
Answers Already Passed 
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 ...
California Life and Health Final Exam – 
Already Passed 
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 pe...
Preview 2 out of 10 pages
Add to cartCalifornia Life and Health Final Exam – 
Already Passed 
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 pe...
Final Exam - California Life Only Questions 
and Answers Already Passed 
According to the California Insurance Code, what is "insurance"? - Answer ️️ -A contract 
Which of these statements correctly describes risk? - Answer ️️ -Pure risk is the only insurable 
risk 
Only pure risks are ins...
Preview 3 out of 17 pages
Add to cartFinal Exam - California Life Only Questions 
and Answers Already Passed 
According to the California Insurance Code, what is "insurance"? - Answer ️️ -A contract 
Which of these statements correctly describes risk? - Answer ️️ -Pure risk is the only insurable 
risk 
Only pure risks are ins...
XCEL TESTING SOLUTIONS CALIFORNIA PRE-LICENSING 
EDUCATION - LIFE, ACCIDENT AND HEALTH INSURANCE 
When an insurance company requests an attending physician's report, the request must be 
accompanied by a - Answer ️️ -Copy of the signed authorization 
Which of the following is NOT a required uni...
Preview 2 out of 14 pages
Add to cartXCEL TESTING SOLUTIONS CALIFORNIA PRE-LICENSING 
EDUCATION - LIFE, ACCIDENT AND HEALTH INSURANCE 
When an insurance company requests an attending physician's report, the request must be 
accompanied by a - Answer ️️ -Copy of the signed authorization 
Which of the following is NOT a required uni...
California Life Insurance State Exam 
Simulator Already Passed 
Exclusion ratio - Answer ️️ -An annuitant would life to determine the amount of an annuity 
distribution that is exempt from taxation. What is used to calculate this? 
Mortality rate, 
Exclusion ratio, 
Morbidity rate, 
Debt-to-Equi...
Preview 4 out of 42 pages
Add to cartCalifornia Life Insurance State Exam 
Simulator Already Passed 
Exclusion ratio - Answer ️️ -An annuitant would life to determine the amount of an annuity 
distribution that is exempt from taxation. What is used to calculate this? 
Mortality rate, 
Exclusion ratio, 
Morbidity rate, 
Debt-to-Equi...
California Life, Accident and Health Cram 
Course Exam 1-3 Already Passed 
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 he...
Preview 4 out of 64 pages
Add to cartCalifornia Life, Accident and Health Cram 
Course Exam 1-3 Already Passed 
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 he...
California Laws and Ethic Pertinent to Insurance 
Exam Questions and Answers 
Which of the following is NOT covered by the Family and Medical Leave Act (FMLA) ? - 
Answer ️️ -Traveling overseas with a spouse 
Which of the following acts is NOT a federal offense committed by an insurance agent? -...
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Add to cartCalifornia Laws and Ethic Pertinent to Insurance 
Exam Questions and Answers 
Which of the following is NOT covered by the Family and Medical Leave Act (FMLA) ? - 
Answer ️️ -Traveling overseas with a spouse 
Which of the following acts is NOT a federal offense committed by an insurance agent? -...
FInal Exam: California Life, Accident, and 
Health Insurance 
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, C...
Preview 2 out of 11 pages
Add to cartFInal Exam: California Life, Accident, and 
Health Insurance 
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, C...
Final Exam: California Life, Accident, and 
Health Insurance 2024 
What is considered the most common type of specified disease insurance policy? - Answer️️ - 
Cancer 
Minimum participation standards exist for a group health insurance plans in order to - 
Answer️️ -Prevent Adverse Selection ...
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Add to cartFinal Exam: California Life, Accident, and 
Health Insurance 2024 
What is considered the most common type of specified disease insurance policy? - Answer️️ - 
Cancer 
Minimum participation standards exist for a group health insurance plans in order to - 
Answer️️ -Prevent Adverse Selection ...
Final Exam: California Life, Accident, and 
Health Insurance Already Passed 
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...
Preview 2 out of 12 pages
Add to cartFinal Exam: California Life, Accident, and 
Health Insurance Already Passed 
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...
CA PSI Site - Life, Accident and Health Agent 
Examination (Life Agent) Already Pass 
Admitted Insurance Company vs. Non-Admitted Insurance Company - Answer ️️ -An 
admitted insurance company is authorized to transact insurance in California because it has a 
Certificate of Authority granted by ...
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Add to cartCA PSI Site - Life, Accident and Health Agent 
Examination (Life Agent) Already Pass 
Admitted Insurance Company vs. Non-Admitted Insurance Company - Answer ️️ -An 
admitted insurance company is authorized to transact insurance in California because it has a 
Certificate of Authority granted by ...
California Life, Accident, and Health State Exam 
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? 
- No payments 
- 30 payments 
- 60 payments 
- 120 pay...
Preview 4 out of 48 pages
Add to cartCalifornia Life, Accident, and Health State Exam 
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? 
- No payments 
- 30 payments 
- 60 payments 
- 120 pay...
California Life, Accident, and Health State 
Exam Questions and Answers Rated A 
"blackout period" affects - Answer ️️ -widowed spouse 
How long must an individual be unable to engage in any gainful activity due to physical or 
mental disability in order to qualify for total Social Security To...
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Add to cartCalifornia Life, Accident, and Health State 
Exam Questions and Answers Rated A 
"blackout period" affects - Answer ️️ -widowed spouse 
How long must an individual be unable to engage in any gainful activity due to physical or 
mental disability in order to qualify for total Social Security To...
CA Life and Health Exam Questions and 
Answers Already Passed 
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 ...
Preview 2 out of 6 pages
Add to cartCA Life and Health Exam Questions and 
Answers Already Passed 
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 ...
CA Life Insurance Practice Exam with 
Verified Solutions 
A key person is typically all of the following, except: - Answer️️ - -Not directly involved in 
sales, production, or service 
Key persons are employees whose contributions have a significant impact on the revenue and 
profitability of th...
Preview 3 out of 20 pages
Add to cartCA Life Insurance Practice Exam with 
Verified Solutions 
A key person is typically all of the following, except: - Answer️️ - -Not directly involved in 
sales, production, or service 
Key persons are employees whose contributions have a significant impact on the revenue and 
profitability of th...
Preview 4 out of 40 pages
Add to cartCA Life insurance Exam Questions and Answers 
What type of risk is insurable? - Answer ️️ -Pure Risk 
According to the Law of Agency, a principal is represented by whom? - Answer ️️ -Agent or 
Producer 
What type of insurer is a voluntarily formed organization that provides insurance benefit...
Preview 2 out of 11 pages
Add to cartCA Life insurance Exam Questions and Answers 
What type of risk is insurable? - Answer ️️ -Pure Risk 
According to the Law of Agency, a principal is represented by whom? - Answer ️️ -Agent or 
Producer 
What type of insurer is a voluntarily formed organization that provides insurance benefit...
CA Life Insurance Exam Questions and 
Answers 100% Pass 
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 
...
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Add to cartCA Life Insurance Exam Questions and 
Answers 100% Pass 
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 
...
CA State Life Insurance Practice Exam A 
Single premium deferred annuity - Answer ️️ -An annuity that is purchased with a slump sum 
premium and whose benefits begin after 12 month is called a 
Human Life Value Approach - Answer ️️ -A technique used to determine the amount of life 
insurance...
Preview 2 out of 5 pages
Add to cartCA State Life Insurance Practice Exam A 
Single premium deferred annuity - Answer ️️ -An annuity that is purchased with a slump sum 
premium and whose benefits begin after 12 month is called a 
Human Life Value Approach - Answer ️️ -A technique used to determine the amount of life 
insurance...
LIFE INSURANCE ONLY CALIFORNIA 
(2024/2025) ALREADY PASSED 
LIFE INSURANCE - Answer ️️ -Insurance that pays out a sum of money either on the death of the 
insured person or after a set period. 
TERM LIFE INSURANCE - Answer ️️ -Life insurance that pays a benefit in the event of the death of 
...
Preview 2 out of 11 pages
Add to cartLIFE INSURANCE ONLY CALIFORNIA 
(2024/2025) ALREADY PASSED 
LIFE INSURANCE - Answer ️️ -Insurance that pays out a sum of money either on the death of the 
insured person or after a set period. 
TERM LIFE INSURANCE - Answer ️️ -Life insurance that pays a benefit in the event of the death of 
...
California Life License Exam Latest 2024 Graded A+ 
An annuity that is purchased with a lump sum premium and whose benefits begin after 12 
months is called a ... - Answer ️️ -Single premium deferred annuity 
A technique that is used to determine the amount of life insurance needed on the projec...
Preview 1 out of 2 pages
Add to cartCalifornia Life License Exam Latest 2024 Graded A+ 
An annuity that is purchased with a lump sum premium and whose benefits begin after 12 
months is called a ... - Answer ️️ -Single premium deferred annuity 
A technique that is used to determine the amount of life insurance needed on the projec...
1x sold
Life-Only Agent Exam 1 Questions and 
Answers 100% Pass 
AN example of a moral hazard in relation to a life insurance application would be: - Answer ️️ 
-Misstating your health history to an insurance company. 
John applies for a variable annuity and does not request that the premiums be immedia...
Preview 2 out of 9 pages
Add to cartLife-Only Agent Exam 1 Questions and 
Answers 100% Pass 
AN example of a moral hazard in relation to a life insurance application would be: - Answer ️️ 
-Misstating your health history to an insurance company. 
John applies for a variable annuity and does not request that the premiums be immedia...
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