California Life Insurance Exam
Questions and Answers 100%
PASS
Except as provided by sections 10203.5 and 10203.8 in the CIC, the insurer shall provide
which document to be delivered the employer to the employee?—ANSWER-- an individual
certificate of insurance
How does insurance written under a franchise agreement or on a wholesale basis doffer
from standard group insurance?—ANSWER-- premiums for the coverage under a franchise
agreement may be written for more than the usual rates for such insurance
Concealment, whether intentional or unintentional, entitles the injured party to?—ANSWER-
- rescind insurance
Which of the following is TRUE regarding change of address for a licensee?—ANSWER-- the
commissioner must be notified immediately of any change in the personal, business, or
email address
Which of the following types of coverage must have a proven insurable interest at the time
of the application?—ANSWER-- coverage for a minor child under age 18 or a corporate-
owned policy on an employee
, what is the punishment for a person who refuses to deliver books, records, or assets to the
commissioner when seizure order in an insolvency proceeding?—ANSWER-- not more than
$1000 fine and/or 1 year imprisonment
When should an agent provide an applicant the effective date of coverage, if known, or the
circumstances under which coverage will be effective?—ANSWER-- at the time of application
or receipt of premium
It is unlawful to do any of the following EXCEPT—ANSWER-- make or cause to made a
knowingly false or fraudulent or material representation for the purpose of encouraging an
injured worker to claim benefits.
Which of the following provisions applies in the event of a misstatement of age for a covered
employee of the group life policy?—ANSWER-- there shall be an equitable adjustment of
premium or in the amount of insurance
Losses arising from all of the following conditions may be excluded from group life policies
EXCEPT—ANSWER-- natural disasters
All of the following are TRUE about the rules regarding the sale of life insurance and
annuities to seniors age 65 or older EXCEPT—ANSWER-- the agent, broker, or insurer is
required to show a copy of their insurance license with the name, address, and phone
number when conducting business in the senior's home
When an insured under age 60 purchases a new policy, how much time do they have to
cancel and receive a full refund of premiums—ANSWER-- the insured has a period of not less
than 10, and not more than 30 days, during which they may cancel and receive a full refund
for the premiums paid.
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald
Questions and Answers 100%
PASS
Except as provided by sections 10203.5 and 10203.8 in the CIC, the insurer shall provide
which document to be delivered the employer to the employee?—ANSWER-- an individual
certificate of insurance
How does insurance written under a franchise agreement or on a wholesale basis doffer
from standard group insurance?—ANSWER-- premiums for the coverage under a franchise
agreement may be written for more than the usual rates for such insurance
Concealment, whether intentional or unintentional, entitles the injured party to?—ANSWER-
- rescind insurance
Which of the following is TRUE regarding change of address for a licensee?—ANSWER-- the
commissioner must be notified immediately of any change in the personal, business, or
email address
Which of the following types of coverage must have a proven insurable interest at the time
of the application?—ANSWER-- coverage for a minor child under age 18 or a corporate-
owned policy on an employee
, what is the punishment for a person who refuses to deliver books, records, or assets to the
commissioner when seizure order in an insolvency proceeding?—ANSWER-- not more than
$1000 fine and/or 1 year imprisonment
When should an agent provide an applicant the effective date of coverage, if known, or the
circumstances under which coverage will be effective?—ANSWER-- at the time of application
or receipt of premium
It is unlawful to do any of the following EXCEPT—ANSWER-- make or cause to made a
knowingly false or fraudulent or material representation for the purpose of encouraging an
injured worker to claim benefits.
Which of the following provisions applies in the event of a misstatement of age for a covered
employee of the group life policy?—ANSWER-- there shall be an equitable adjustment of
premium or in the amount of insurance
Losses arising from all of the following conditions may be excluded from group life policies
EXCEPT—ANSWER-- natural disasters
All of the following are TRUE about the rules regarding the sale of life insurance and
annuities to seniors age 65 or older EXCEPT—ANSWER-- the agent, broker, or insurer is
required to show a copy of their insurance license with the name, address, and phone
number when conducting business in the senior's home
When an insured under age 60 purchases a new policy, how much time do they have to
cancel and receive a full refund of premiums—ANSWER-- the insured has a period of not less
than 10, and not more than 30 days, during which they may cancel and receive a full refund
for the premiums paid.
© 2026 Copyright. All Rights Reserved. This document is
protected by copyright law, Copyrighted By Brittie Donald
