CALIFORNIA LIFE ACCIDENT AND
HEALTH ACTUAL EXAMINATION
PRACTICE 2026 COMPREHENSIVE
QUESTIONS WITH DETAILED VERIFIED
ANSWERS GRADED A+
⩥D
ADMITTED. Answer: A(N) ________ INSURER IS AUTHORIZED
TO WRITE INSURANCE POLICIES IN A PARTICULAR STATE.
A
DOMESTIC
B
NON-ADMITTED
C
FOREIGN
D
ADMITTED
⩥B
A PERSON WHO NEGOTIATES INSURANCE CONTRACTS ON
BEHALF OF AN INSURED. Answer: WHICH OF THE FOLLOWING
IS CLASSIFIED AS AN INSURANCE BROKER?
,A
A PERSON WHO PLACES COVERAGE FOR HIS/HER OWN
INSURANCE
B
A PERSON WHO NEGOTIATES INSURANCE CONTRACTS ON
BEHALF OF AN INSURED
C
A PERSON IN THE HOME OFFICE WHO DOES NOT SOLICIT
OUTSIDE OF THE OFFICE
D
AN EMPLOYEE WHO NEGOTIATES INSURANCE CONTRACTS
FOR HIS/HER EMPLOYER
⩥C
EACH PARTY IS ENTITLED TO RELY UPON THE
REPRESENTATIONS OF THE OTHER THAT THERE IS NOTHING
CONCEALED OR DISHONEST. Answer: THE INSURANCE
CONTRACT IS SAID TO BE A CONTRACT OF UTMOST GOOD
FAITH, BECAUSE:
A
CONCEALMENT OF KNOWN FACTS ON THE PART OF THE
INSURED WILL VOID THE CONTRACT
B
THE INSURER HAS DRAWN UP THE CONTRACT AND,
THEREFORE, THERE IS NO INTENT TO DECEIVE
,C
EACH PARTY IS ENTITLED TO RELY UPON THE
REPRESENTATIONS OF THE OTHER THAT THERE IS NOTHING
CONCEALED OR DISHONEST
D
THE INSURED MUST WARRANT THAT HIS/HER
REPRESENTATIONS ARE TRUE
⩥A
THE INSURED IS RESTORED TO THE SAME FINANCIAL
CONDITION AS PRIOR TO THE LOSS, WITH NO INTENT OF
LOSS OR GAIN. Answer: WHICH OF THE FOLLOWING BEST
DESCRIBES A CONTRACT OF INDEMNITY UNDER
INSURANCE?
A
THE INSURED IS RESTORED TO THE SAME FINANCIAL
CONDITION AS PRIOR TO THE LOSS, WITH NO INTENT OF
LOSS OR GAIN
B
THE INSURED INDEMNIFIES THE INSURER FOR ANY
EXPENSES IN ADJUSTING THE LOSS
C
THE INSURED SUSTAINS A LOSS AS A RESULT OF THE LOSS
⩥D
, SURPLUS. Answer: THE INSURED IS RESTORED TO A
FINANCIAL CONDITION AS GOOD AS, OR BETTER THAN, THE
INSURED WAS BEFORE THE LOSS
___________ INSURANCE IS USED TO PROVIDE COVERAGE
WHEN INSURANCE IS NOT AVAILABLE FROM AN ADMITTED
CARRIER.
A
FACULTATIVE
B
DOMESTIC
C
ALIEN
D
SURPLUS
⩥C
PURE RISK. Answer: WHICH OF THE FOLLOWING RISKS IS
PROTECTED BY INSURANCE?
A
CERTAIN RISK
B
SPECULATIVE RISK
C
HEALTH ACTUAL EXAMINATION
PRACTICE 2026 COMPREHENSIVE
QUESTIONS WITH DETAILED VERIFIED
ANSWERS GRADED A+
⩥D
ADMITTED. Answer: A(N) ________ INSURER IS AUTHORIZED
TO WRITE INSURANCE POLICIES IN A PARTICULAR STATE.
A
DOMESTIC
B
NON-ADMITTED
C
FOREIGN
D
ADMITTED
⩥B
A PERSON WHO NEGOTIATES INSURANCE CONTRACTS ON
BEHALF OF AN INSURED. Answer: WHICH OF THE FOLLOWING
IS CLASSIFIED AS AN INSURANCE BROKER?
,A
A PERSON WHO PLACES COVERAGE FOR HIS/HER OWN
INSURANCE
B
A PERSON WHO NEGOTIATES INSURANCE CONTRACTS ON
BEHALF OF AN INSURED
C
A PERSON IN THE HOME OFFICE WHO DOES NOT SOLICIT
OUTSIDE OF THE OFFICE
D
AN EMPLOYEE WHO NEGOTIATES INSURANCE CONTRACTS
FOR HIS/HER EMPLOYER
⩥C
EACH PARTY IS ENTITLED TO RELY UPON THE
REPRESENTATIONS OF THE OTHER THAT THERE IS NOTHING
CONCEALED OR DISHONEST. Answer: THE INSURANCE
CONTRACT IS SAID TO BE A CONTRACT OF UTMOST GOOD
FAITH, BECAUSE:
A
CONCEALMENT OF KNOWN FACTS ON THE PART OF THE
INSURED WILL VOID THE CONTRACT
B
THE INSURER HAS DRAWN UP THE CONTRACT AND,
THEREFORE, THERE IS NO INTENT TO DECEIVE
,C
EACH PARTY IS ENTITLED TO RELY UPON THE
REPRESENTATIONS OF THE OTHER THAT THERE IS NOTHING
CONCEALED OR DISHONEST
D
THE INSURED MUST WARRANT THAT HIS/HER
REPRESENTATIONS ARE TRUE
⩥A
THE INSURED IS RESTORED TO THE SAME FINANCIAL
CONDITION AS PRIOR TO THE LOSS, WITH NO INTENT OF
LOSS OR GAIN. Answer: WHICH OF THE FOLLOWING BEST
DESCRIBES A CONTRACT OF INDEMNITY UNDER
INSURANCE?
A
THE INSURED IS RESTORED TO THE SAME FINANCIAL
CONDITION AS PRIOR TO THE LOSS, WITH NO INTENT OF
LOSS OR GAIN
B
THE INSURED INDEMNIFIES THE INSURER FOR ANY
EXPENSES IN ADJUSTING THE LOSS
C
THE INSURED SUSTAINS A LOSS AS A RESULT OF THE LOSS
⩥D
, SURPLUS. Answer: THE INSURED IS RESTORED TO A
FINANCIAL CONDITION AS GOOD AS, OR BETTER THAN, THE
INSURED WAS BEFORE THE LOSS
___________ INSURANCE IS USED TO PROVIDE COVERAGE
WHEN INSURANCE IS NOT AVAILABLE FROM AN ADMITTED
CARRIER.
A
FACULTATIVE
B
DOMESTIC
C
ALIEN
D
SURPLUS
⩥C
PURE RISK. Answer: WHICH OF THE FOLLOWING RISKS IS
PROTECTED BY INSURANCE?
A
CERTAIN RISK
B
SPECULATIVE RISK
C
