Ca life insurance Study guides, Class notes & Summaries
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![CA Life Insurance Exam 2024](/docpics/4481373/65c9ded2e11d0_4481373_121_171.jpeg)
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CA Life Insurance Exam 2024
- Exam (elaborations) • 17 pages • 2024
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CA Life Insurance Exam 2024 
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 the possibility of a loss is known as -Answer-a loss exposure 
Which of the following information is not required to be communicated in a Life 
insurance contract? -Answer-...
CA Life Insurance Practice Exam
CA LIFE AND HEALTH INSURANCE EXAM KEY FACTS QUESTIONS AND ANSWERS 2023
![CA Life Insurance Practice Exam Questions and Answers 100% Pass](/docpics/5446864/665431d2c65d3_5446864_121_171.jpeg)
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CA Life Insurance Practice Exam Questions and Answers 100% Pass
- Exam (elaborations) • 30 pages • 2024
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CA Life Insurance Practice Exam 
Questions and Answers 100% Pass 
A key person is typically all of the following, except: - Correct 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 of the management team, more highly paid, respected by customers, 
creditors, suppliers, and vendors, and have dire...
![PRIMERICA LIFE INSURANCE EXAM](/docpics/3770013/65473e6a78351_3770013_121_171.jpeg)
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PRIMERICA LIFE INSURANCE EXAM
- Exam (elaborations) • 42 pages • 2023
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An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? 
 
a. mutual 
b. reciprocal 
c. nonprofit service organization 
d. stock - Answer- A. mutual 
 
funds not paid out after paying claims and other operating costs are returned to the policy owners in the form of a dividend. if all funds a...
![CA life and Health: Life Insurance Basics Questions with 100% Correct Answers | Latest Version 2024/2025 | Expert Verified | Ace the Test](/docpics/5352555/6648fea759f01_5352555_121_171.jpeg)
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CA life and Health: Life Insurance Basics Questions with 100% Correct Answers | Latest Version 2024/2025 | Expert Verified | Ace the Test
- Exam (elaborations) • 79 pages • 2024
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CA life and Health: Life Insurance Basics Questions with 
100% Correct Answers | Latest Version 2024/2025 | Expert 
Verified | Ace the Test
![CA Life Insurance Practice Exam Questions & Answers Already Passed](/docpics/4078438/6586d0f0a4b9a_4078438_121_171.jpeg)
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CA Life Insurance Practice Exam Questions & Answers Already Passed
- Exam (elaborations) • 35 pages • 2023
- Available in package deal
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A key person is typically all of the following, except: - -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 of the management team, more highly paid, respected by customers, 
creditors, suppliers, and vendors, and have direct responsibilities for sales, 
production, or service. 
Which one of the following is no...
![CA Life Insurance Practice Exam Questions and Answers](/docpics/4891108/660af80561cad_4891108_121_171.jpeg)
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CA Life Insurance Practice Exam Questions and Answers
- Exam (elaborations) • 17 pages • 2024
- Available in package deal
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- $13.49
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CA Life Insurance Practice Exam Questions and Answers
CA Life Insurance Practice Exam Questions with 100% Correct Answers | Verified | Latest Update
![CA PSI Site - Life, Accident and Health Agent Examination (Life Agent)| Questions and Answers, 100% Correct| Latest 2023/2024](/docpics/3226246/64d4f5dc2a11b_3226246_121_171.jpeg)
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CA PSI Site - Life, Accident and Health Agent Examination (Life Agent)| Questions and Answers, 100% Correct| Latest 2023/2024
- Exam (elaborations) • 22 pages • 2023
- Available in package deal
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CA PSI Site - Life, Accident and Health Agent Examination (Life Agent)| Questions and Answers, 100% Correct| Latest 2023/2024 
CA PSI Site - Life, Accident and Health 
Agent Examination (Life Agent)| Questions 
and Answers, 100% Correct| Latest 
2023/2024 
Admitted Insurance Company vs. Non-Admitted Insurance Company 
An admitted insurance company is authorized to transact insurance in California 
because it has a Certificate of Authority granted by the California Department of 
Insurance (...
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