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California Department of Insurance CA-Life-Accident-and-Health Exam Syllabus Topics:

SectionObjectives
Topic 1: Life Insurance Concepts- Beneficiaries and settlement options
- Policy provisions and riders
- Types of life insurance policies (term, whole life, universal life)
Topic 2: Accident and Health Insurance- Medical expense coverage
- Long-term care insurance basics
- Disability income insurance
Topic 3: State Insurance Regulations (California)- Unfair trade practices and ethics
- Licensing requirements and producer conduct
- California Insurance Code and regulations
Topic 4: Annuities and Retirement Concepts- Fixed and variable annuities
- Retirement income options
Topic 5: Insurance Basics and Principles- Insurance terminology and principles
- Risk management concepts

California Department of Insurance CA Life, Accident and Health or Sickness Examination Sample Questions:

What is the first step in submitting Medicare claims?

  • A. Medicare submits expenses to the Medicare supplement provider.
  • B. The medical provider submits expenses to Medicare.
  • C. The medical provider submits expenses to the patient.
  • D. The patient submits expenses to Medicare.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

According to the California Insurance Code, an insurance policy must specify all of the following EXCEPT the

  • A. property or life being insured.
  • B. risks insured against.
  • C. policy period.
  • D. financial rating of the insurer.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

Which of the following is a common business use for life insurance?

  • A. Creating an immediate estate.
  • B. Creating emergency funds to avoid the need to liquidate assets.
  • C. Key person policy.
  • D. Helping to fund a person's retirement.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

Any situation that presents the possibility of a loss is known as

  • A. a loss exposure.
  • B. medical loss ratio.
  • C. a covered loss.
  • D. consideration.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

Which nonforferture option uses cash surrender values to select paid-up term insurance for the full face amount of the policy?

  • A. Reduced paid-up insurance.
  • B. Reduced term insurance.
  • C. Extended term insurance.
  • D. Extended paid-up insurance.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for ITPassLeader members. You can sign-up / login (it's free).

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