California Life, Accident, and Health Insurance

XCEL SOLUTIONS FINAL EXAM CALIFORNIA LIFE, ACCIDENT, AND HEALTH INSURANCE LIFE AND HEALTH INSURANCE LICENSE EXAM CRAM PAPERBACK BY QUE CORPORATION

CALIFORNIA LIFE, ACCIDENT, AND HEALTH INSURANCE FINAL EXAM QUESTIONS AND ANSWERS ALREADY PASSED

What is considered the most common type of specified disease insurance policy? - answer-Cancer Minimum participation standards exist for a group health insurance plans in order to - answer-Prevent Adverse Selection How does underwriting differ between group life and individual life insurance? - answer-Medical questions must be answered on individual life insurance when handling premiums for an insured an agent is acting in which capacity? - answer-Fiduciary wh...

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 insured is confined to a hospital According to the California Insurance Code, how is the word "may" interpreted? - ANSWER-Permissive Which statement is CORRECT when describing a contract of adhes...

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 insured is confined to a hospital According to the California Insurance Code, how is the word "may" interpreted? - answer-Permissive Which statement is CORRECT when descri...

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 How does underwriting differ between group life and individual life insurance? - Answer️️ - Medical questions must be answered on individual life insurance when handling premiums for an insured...

How does underwriting differ between a group life and individual life insurance? - Medical questions must be answered on individual life insurance In California, and ensure organized under the state laws of Oregon is called a(n) - Foreign insurer The probability of death, listed by year, is demonstrated in - Mortality tables Which of the following statements regarding a life insurance policy dividend is true? - It is the distribution of excess of funds accumulated by the insurer on particip...

California Life, Accident, and Health Insurance

FINAL EXAM: CALIFORNIA LIFE, ACCIDENT, AND HEALTH INSURANCE VERSION WITH CORRECT ANSWERS

The systematic liquidation of a sum of money is provided by a(n) - answer-annuity 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 BEST matches this description? - answer-Variable annuity What kind of annuity pays income to two annuitants until their deaths? - answer-Joint and survivor annuity What disting...