California Life and Health Insurance Exam 2026 | Q&A
| CA Life, Health & Accident Practice Test || Most
Recent Exam 2026-2027 Actual Complete Real Exam
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underwriters classify insurance risks as any of the
following EXCEPT -
ANSWER-
dividend risk
which statement is true regarding employer contributions to
qualified plans? -
ANSWER-they are tax deductible by the
employer
which policy covering two or more individuals terminates after
paying benefits
on the first to die? - ANSWER-joint
life policy
the conversion privilege allows a terminating employee to
covert - ANSWER-
,term insurance into permanent
insurance
Death benefits that are received by a beneficiary are
generally - ANSWER-
exempt from federal
income tax
Moral hazard can be defined as the increase - ANSWER-
chance of a loss
occurring due to an insured's dishonest
tendencies
As authorized by the California Insurance Code, the Insurance
Commissioner has provided standards for names used by life
insurance agents. Under these standards which, if any, of the
following are automatically acceptable for Mary Brown, a holder
of the CLU designation? - ANSWER-mary brown insurance
services
Risk can be defined as all of the following EXCEPT - ANSWER-
cause of loss
when must insurance records of insurance agents and
brokers be made
available to the insurance Commissioner? -
ANSWER-at all times
,the direct response distribution of insurance utilizes all of the
following to promote the sale of insurance EXCEPT - ANSWER-
telephone call from an agent
An agent who is acting as an insurance agent, broker,
solicitor, life agent,
accident and health, or bail agent acts in which capacity
when handling
premiums or return premiums for an insured? -
ANSWER-fiduciary
what is meant by referring to an insurance policy as a
unilateral contract? -
ANSWER-only one party makes legally
enforceable promise
any situation that presents the possibility of a loss is known
as - ANSWER-a
loss
exposure
according to the california insurance code, if an insurer's
certificate of authority
is revoked, the commissioner can proceed with any if the
following actions
EXCEPT - ANSWER-using guarantee funds to
pay salaries
the acts of reasonably necessary to the duties expressly
authorized would be
, covered by an agent's - ANSWER-implied
authority
all of the following qualify as "background information" as
defined in Section
1729.2 of the california insurance code, EXCEPT - ANSWER-
misdemeanor
charges filed, not resulting in
conviction
all of the following statements about aleatory contracts are
true EXCEPT -
ANSWER-the insured and insurer contribute equally
to the contract
Unless it is merely a statement of an expectation or a belief, a
representation as
to the future is considered which of the following? -
ANSWER-promise
In insurance terminology, "indemnity" means - ANSWER-to
make whole
which of the following is a requirement of a contract? -
ANSWER-there must be
an offer and acceptance of the
contract terms
| CA Life, Health & Accident Practice Test || Most
Recent Exam 2026-2027 Actual Complete Real Exam
Questions And Correct Answers (Expertly Verified
Answers) Already Graded A+ | Guaranteed Success!!
Newest Exam | Just Released!!– Instant Download.
underwriters classify insurance risks as any of the
following EXCEPT -
ANSWER-
dividend risk
which statement is true regarding employer contributions to
qualified plans? -
ANSWER-they are tax deductible by the
employer
which policy covering two or more individuals terminates after
paying benefits
on the first to die? - ANSWER-joint
life policy
the conversion privilege allows a terminating employee to
covert - ANSWER-
,term insurance into permanent
insurance
Death benefits that are received by a beneficiary are
generally - ANSWER-
exempt from federal
income tax
Moral hazard can be defined as the increase - ANSWER-
chance of a loss
occurring due to an insured's dishonest
tendencies
As authorized by the California Insurance Code, the Insurance
Commissioner has provided standards for names used by life
insurance agents. Under these standards which, if any, of the
following are automatically acceptable for Mary Brown, a holder
of the CLU designation? - ANSWER-mary brown insurance
services
Risk can be defined as all of the following EXCEPT - ANSWER-
cause of loss
when must insurance records of insurance agents and
brokers be made
available to the insurance Commissioner? -
ANSWER-at all times
,the direct response distribution of insurance utilizes all of the
following to promote the sale of insurance EXCEPT - ANSWER-
telephone call from an agent
An agent who is acting as an insurance agent, broker,
solicitor, life agent,
accident and health, or bail agent acts in which capacity
when handling
premiums or return premiums for an insured? -
ANSWER-fiduciary
what is meant by referring to an insurance policy as a
unilateral contract? -
ANSWER-only one party makes legally
enforceable promise
any situation that presents the possibility of a loss is known
as - ANSWER-a
loss
exposure
according to the california insurance code, if an insurer's
certificate of authority
is revoked, the commissioner can proceed with any if the
following actions
EXCEPT - ANSWER-using guarantee funds to
pay salaries
the acts of reasonably necessary to the duties expressly
authorized would be
, covered by an agent's - ANSWER-implied
authority
all of the following qualify as "background information" as
defined in Section
1729.2 of the california insurance code, EXCEPT - ANSWER-
misdemeanor
charges filed, not resulting in
conviction
all of the following statements about aleatory contracts are
true EXCEPT -
ANSWER-the insured and insurer contribute equally
to the contract
Unless it is merely a statement of an expectation or a belief, a
representation as
to the future is considered which of the following? -
ANSWER-promise
In insurance terminology, "indemnity" means - ANSWER-to
make whole
which of the following is a requirement of a contract? -
ANSWER-there must be
an offer and acceptance of the
contract terms
