California P&C Licensing Exam
QUESTIONS WITH ANSWERS
Under the commercial crime coverage part, loss resulting from
employee dishonesty is:
a. always excluded
b. always covered
c. excluded unless an employee dishonesty coverage form is attached
d. always covered - CORRECT ANSWERS ✔✔c. excluded unless an
employee dishonesty coverage form is attached
What is true about COBRA?
a. the company can terminate health insurance at the time of
termination
b. once the employee is not part of the group he will need to qualify
as an individual
c. dependents of an employee must be given the same rights as the
employee
d. all of the above - CORRECT ANSWERS ✔✔c. dependents of an
employee must be given the same rights as the employee
,An individual who owns a duplex has damage to his rental and has
loss of income. His insurance would cover this loss of rent under:
a. basic, broad, and special forms
b. broad and special forms only
c. there is no coverage
d. not covered as he isn't part of the homeowners association -
CORRECT ANSWERS ✔✔a. basic, broad, and special forms
Who can sell Medicare supplement policies?
a. property and casualty agents
b. life analyst
c. any licensed agent
d. life agents only - CORRECT ANSWERS ✔✔d. life agents only
Which commercial crime coverage form provides risk coverage for
money and securities?
a. robbery and sage burglary coverage
b. premises theft and robbery outside the premise coverage
c. theft, disappearance and destruction coverage
d. premises burglary coverage - CORRECT ANSWERS ✔✔c. theft,
disappearance and destruction coverage
,Medicare supplement policies regulated by the code must:
a. market anything they want
b. sell only additional coverage's
c. whatever federal law allows
d. offer the core benefits - CORRECT ANSWERS ✔✔d. offer the core
benefits
Which of the following may not be covered under a dwelling?
a. tenant improvements or additions
b. detached garage
c. the insured's stamp collection
d. rent money that could be lost under damage to a rental property -
CORRECT ANSWERS ✔✔c. the insured's stamp collection
8. Medicare Part B requires additional premiumsa. true
b. false - CORRECT ANSWERS ✔✔a. true
Which of the following perils are covered by a basic coverage form of
a dwelling?
a. fire and smoke
b. fire, smoke and rain
c. fire, lightning and internal explosion
, d. all of the above - CORRECT ANSWERS ✔✔c. fire, lightning and
internal explosion
Which of the following is correct in regards to a Business Owner
Policy for an office building?
a. cannot exceed gross sales of $3 million in a year
b. cannot exceed 6 stories an 60 dwelling units
c. cannot exceed 6 stories or 100,000 square feet
d. all of the above are correct - CORRECT ANSWERS ✔✔c. cannot
exceed 6 stories or 100,000 square feet
A worker is injured and can only complete 60% of duties that his job
requires; he is considered to be which:
a. permanently, partially disabled
b. totally disabled
c. temporarily disabled
d. does not qualify for disability - CORRECT ANSWERS ✔✔a.
permanently, partially disabled
The Loss Sustained Form covers losses that occur during the policy
period and losses are discovered and reported during the policy
period or up to 1 year after the policy expires.
a. true
QUESTIONS WITH ANSWERS
Under the commercial crime coverage part, loss resulting from
employee dishonesty is:
a. always excluded
b. always covered
c. excluded unless an employee dishonesty coverage form is attached
d. always covered - CORRECT ANSWERS ✔✔c. excluded unless an
employee dishonesty coverage form is attached
What is true about COBRA?
a. the company can terminate health insurance at the time of
termination
b. once the employee is not part of the group he will need to qualify
as an individual
c. dependents of an employee must be given the same rights as the
employee
d. all of the above - CORRECT ANSWERS ✔✔c. dependents of an
employee must be given the same rights as the employee
,An individual who owns a duplex has damage to his rental and has
loss of income. His insurance would cover this loss of rent under:
a. basic, broad, and special forms
b. broad and special forms only
c. there is no coverage
d. not covered as he isn't part of the homeowners association -
CORRECT ANSWERS ✔✔a. basic, broad, and special forms
Who can sell Medicare supplement policies?
a. property and casualty agents
b. life analyst
c. any licensed agent
d. life agents only - CORRECT ANSWERS ✔✔d. life agents only
Which commercial crime coverage form provides risk coverage for
money and securities?
a. robbery and sage burglary coverage
b. premises theft and robbery outside the premise coverage
c. theft, disappearance and destruction coverage
d. premises burglary coverage - CORRECT ANSWERS ✔✔c. theft,
disappearance and destruction coverage
,Medicare supplement policies regulated by the code must:
a. market anything they want
b. sell only additional coverage's
c. whatever federal law allows
d. offer the core benefits - CORRECT ANSWERS ✔✔d. offer the core
benefits
Which of the following may not be covered under a dwelling?
a. tenant improvements or additions
b. detached garage
c. the insured's stamp collection
d. rent money that could be lost under damage to a rental property -
CORRECT ANSWERS ✔✔c. the insured's stamp collection
8. Medicare Part B requires additional premiumsa. true
b. false - CORRECT ANSWERS ✔✔a. true
Which of the following perils are covered by a basic coverage form of
a dwelling?
a. fire and smoke
b. fire, smoke and rain
c. fire, lightning and internal explosion
, d. all of the above - CORRECT ANSWERS ✔✔c. fire, lightning and
internal explosion
Which of the following is correct in regards to a Business Owner
Policy for an office building?
a. cannot exceed gross sales of $3 million in a year
b. cannot exceed 6 stories an 60 dwelling units
c. cannot exceed 6 stories or 100,000 square feet
d. all of the above are correct - CORRECT ANSWERS ✔✔c. cannot
exceed 6 stories or 100,000 square feet
A worker is injured and can only complete 60% of duties that his job
requires; he is considered to be which:
a. permanently, partially disabled
b. totally disabled
c. temporarily disabled
d. does not qualify for disability - CORRECT ANSWERS ✔✔a.
permanently, partially disabled
The Loss Sustained Form covers losses that occur during the policy
period and losses are discovered and reported during the policy
period or up to 1 year after the policy expires.
a. true
