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CALIFORNIA LIFE ACCIDENT AND HEALTH EXAM PRATICE QUESTIONS AND ANSWERS (LATEST 2024 – 2025) RATED A+-58
MEDICARE PART B c 
NONE OF THE ANSWERS LISTED 
MEDICAID - CORRECT ANSWER: B 
MEDICARE PART B 
WHEN MUST AN INSURER PROVIDE A MEDICARE SUPPLEMENT BUYER'S GUIDE AND AN OUTLINE OF COVERAGE? 
AT THE TIME OF APPLICATION 
AT THE TIME OF DELIVERY c 
AT THE TIME OF INITIAL SOLICITATION 
AT THE TIME OF ISSUANCE - CORRECT ANSWER: A 
AT THE TIME OF APPLICATION 
UNDER A CALIFORNIA LTC PARTNERSHIP POLICY ASSET DISREGARD MEANS WHATEVER BENEFIT AMOUNT A PARTNERSHIP POLICY PAID WILL BE DISREGARDED FROM A PERSO...
- Exam (elaborations)
- • 20 pages •
MEDICARE PART B c 
NONE OF THE ANSWERS LISTED 
MEDICAID - CORRECT ANSWER: B 
MEDICARE PART B 
WHEN MUST AN INSURER PROVIDE A MEDICARE SUPPLEMENT BUYER'S GUIDE AND AN OUTLINE OF COVERAGE? 
AT THE TIME OF APPLICATION 
AT THE TIME OF DELIVERY c 
AT THE TIME OF INITIAL SOLICITATION 
AT THE TIME OF ISSUANCE - CORRECT ANSWER: A 
AT THE TIME OF APPLICATION 
UNDER A CALIFORNIA LTC PARTNERSHIP POLICY ASSET DISREGARD MEANS WHATEVER BENEFIT AMOUNT A PARTNERSHIP POLICY PAID WILL BE DISREGARDED FROM A PERSO...
Califomia Life Insurance Final Exam Questions With 100% Correct Verified Answers
Califomia Life Insurance Final Exam Questions With 
100% Correct Verified Answers 
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 these is the automatic mode of settlement for life insurance policy proceeds? ANSWER: lump sum 
Which of the following best describes the statement "the more times an event is repeated, the more predictable the outcome becomes"? - ANSWER: Law of large nu...
- Exam (elaborations)
- • 6 pages •
Califomia Life Insurance Final Exam Questions With 
100% Correct Verified Answers 
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 these is the automatic mode of settlement for life insurance policy proceeds? ANSWER: lump sum 
Which of the following best describes the statement "the more times an event is repeated, the more predictable the outcome becomes"? - ANSWER: Law of large nu...
California Life Insurance State Exam Simulator (100% Correct) Questions And Answers
California Life Insurance State Exam Simulator (100% Correct) Questions And Answers 
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-Equity ration —CORRECT ANSWER: Exclusion ratio 
Which of the following is NOT a feature of equity-indexed annuities? 
Offers long term inflation protection, Offers a minimum guaranteed rate, Offers a maximum interest...
- Exam (elaborations)
- • 20 pages •
California Life Insurance State Exam Simulator (100% Correct) Questions And Answers 
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-Equity ration —CORRECT ANSWER: Exclusion ratio 
Which of the following is NOT a feature of equity-indexed annuities? 
Offers long term inflation protection, Offers a minimum guaranteed rate, Offers a maximum interest...
Califomia Life, Accident And Health Final Exam Questions And Answers (Rated A+)
Califomia Life, Accident And Health Final Exam Questions And Answers (Rated A+) 
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 8 includes only a chance of loss. 
The highest premium - — ANSWER - would be found with a substandard risk classification. 
Agent commissions - - ANSWER - are an insurer expense 
"Insurance" ANSWER — is a contr...
- Exam (elaborations)
- • 9 pages •
Califomia Life, Accident And Health Final Exam Questions And Answers (Rated A+) 
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 8 includes only a chance of loss. 
The highest premium - — ANSWER - would be found with a substandard risk classification. 
Agent commissions - - ANSWER - are an insurer expense 
"Insurance" ANSWER — is a contr...
Califomia Life, Accident And Health Insurance Course Exam 1 - 3 (100% Correct)
Califomia Life, Accident And Health Insurance Course Exam 1 - 3 (100% Correct) 
Question #90476 
Carol is injured driving a company car at work. Her Health insurance coverage: 
A.	Provides excess or supplementary coverage 
B.	Will provide coverage on a pro-rata basis with Workers Compensation 
C.	Will cover her injuries 
D.	Will not cover her since this is an occupational injury - CORRECT ANSWER: D 
Explanation: 
Most Health insurance provides 'non-occupational' (off the job) coverage for sick...
- Exam (elaborations)
- • 20 pages •
Califomia Life, Accident And Health Insurance Course Exam 1 - 3 (100% Correct) 
Question #90476 
Carol is injured driving a company car at work. Her Health insurance coverage: 
A.	Provides excess or supplementary coverage 
B.	Will provide coverage on a pro-rata basis with Workers Compensation 
C.	Will cover her injuries 
D.	Will not cover her since this is an occupational injury - CORRECT ANSWER: D 
Explanation: 
Most Health insurance provides 'non-occupational' (off the job) coverage for sick...
California Life, Accident And Health Insurance Course Exam 1 – 3 (100 Correct)-21
Question #90504 
Life settlements are accomplished through the use of: 
ACollateral assignment 
BSettIement options 
CNon-forfeiture options 
DAbsoIute assignment - CORRECT ANSWER: d Explanation: 
A policy owner can enter into a life settlement agreement by making an absolute assignment oftheir policy to a life settlement provider. 
Question #90489 
The federal law COBRA applies to employers with a minimum of	employees: 
AIOO 
B50 C20 
DIO - CORRECT ANSWER; c Explanation: 
COBRA requires that gr...
- Exam (elaborations)
- • 18 pages •
Question #90504 
Life settlements are accomplished through the use of: 
ACollateral assignment 
BSettIement options 
CNon-forfeiture options 
DAbsoIute assignment - CORRECT ANSWER: d Explanation: 
A policy owner can enter into a life settlement agreement by making an absolute assignment oftheir policy to a life settlement provider. 
Question #90489 
The federal law COBRA applies to employers with a minimum of	employees: 
AIOO 
B50 C20 
DIO - CORRECT ANSWER; c Explanation: 
COBRA requires that gr...
Califomia Life, Accident and Health Insurance Final Exam Questions With 100% Correct Verified Answers
Califomia Life, Accident and Health Insurance Final Exam 
Questions With 100% Correct Verified Answers 
When an insurance company requests an attending physician's report, the request must be accompanied by a — ANSWER: Copy ofthe signed authorization 
Which of these is the automatic mode of settlement for life insurance policy proceeds? ANSWER: lump sum 
Which ofthe following best describes the statement "the more times an event is repeated, the more predictable the outcome becomes"? - ANSW...
- Exam (elaborations)
- • 6 pages •
Califomia Life, Accident and Health Insurance Final Exam 
Questions With 100% Correct Verified Answers 
When an insurance company requests an attending physician's report, the request must be accompanied by a — ANSWER: Copy ofthe signed authorization 
Which of these is the automatic mode of settlement for life insurance policy proceeds? ANSWER: lump sum 
Which ofthe following best describes the statement "the more times an event is repeated, the more predictable the outcome becomes"? - ANSW...
Califomia Life, Accident and Health Insurance Test (140 Questions) With 100% Correct Verified Answers
Califomia Life, Accident and Health Insurance Test (140 Questions) With 100% Correct Verified Answers 
Which of the following would not be accomplished with the purchase of an insurance policy? — ANSWER: Risk is eliminated 
Individuals become eligible for Medicare Part A benefits at what age? - ANSWER: 65 
At what point does a self-insured group qualiOw for a stop-loss coverage? - ANSWER: When claims exceed a specified limit in a set period of time 
What percentage of eligible employees must p...
- Exam (elaborations)
- • 8 pages •
Califomia Life, Accident and Health Insurance Test (140 Questions) With 100% Correct Verified Answers 
Which of the following would not be accomplished with the purchase of an insurance policy? — ANSWER: Risk is eliminated 
Individuals become eligible for Medicare Part A benefits at what age? - ANSWER: 65 
At what point does a self-insured group qualiOw for a stop-loss coverage? - ANSWER: When claims exceed a specified limit in a set period of time 
What percentage of eligible employees must p...
Califomia Life, Accident, And Health Insurance Exam Questions And Answers 100% Solved
Califomia Life, Accident, And Health Insurance Exam Questions And Answers 100% Solved 
Which of the following are common personal uses for life insurance —ANSWER: Estate planning, Cash accumulation, Protection of survivors 
Which ofthe following is a characteristic of an interest sensitive whole life policy - ANSWER: Flexible premiums, Guaranteed minimum death benefit, Guaranteed minimum rate of return. 
What type of policy provides coverage for life, but the premiums are not due beyond age 65...
- Exam (elaborations)
- • 5 pages •
Califomia Life, Accident, And Health Insurance Exam Questions And Answers 100% Solved 
Which of the following are common personal uses for life insurance —ANSWER: Estate planning, Cash accumulation, Protection of survivors 
Which ofthe following is a characteristic of an interest sensitive whole life policy - ANSWER: Flexible premiums, Guaranteed minimum death benefit, Guaranteed minimum rate of return. 
What type of policy provides coverage for life, but the premiums are not due beyond age 65...
Califomia Life, Accident, And Health Insurance Exam Questions And Answers
Califomia Life, Accident, And Health Insurance Exam Questions And Answers 
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: Per...
- Exam (elaborations)
- • 13 pages •
Califomia Life, Accident, And Health Insurance Exam Questions And Answers 
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: Per...
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