California PSI Life Insurance Exam 2026–2027 | Complete Practice Questions & Verified Correct Answers | Latest California Life, Accident & Health Insurance License Certification Study Guide | 100% Accurate PSI Exam Prep for Guaranteed Success

California PSI Life Insurance Exam 2026–2027 | Complete
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C Practice Questions & Verified Correct Answers | Latest
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C California Life, Accident & Health Insurance License C C C C C C




C Certification Study Guide | 100% Accurate PSI Exam Prep for C C C C C C C C C




C Guaranteed Success C




THIS EXAM INCLUDES: C C




✔ Complete California PSI Life Insurance Exam Practice Questions & Verified Correct Answers
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✔ Latest 2026–2027 California Life, Accident & Health Insurance Licensing Exam Content
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✔ State Laws, Ethics & California Insurance Code Review
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✔ Life Insurance Policies, Riders & Beneficiary Rules
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✔ Health Insurance, Disability Income & Long-Term Care Coverage
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✔ Annuities, Retirement Plans & Social Security Concepts
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✔ Premiums, Underwriting & Policy Delivery Procedures
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✔ Agent Responsibilities, Fiduciary Duties & Licensing Regulations
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✔ Realistic PSI-Style Multiple-Choice Practice Exams
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✔ Detailed Explanations & Proven Test-Taking Strategies
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,Insurance License Examination Testbank C C C




California Insurance Code (CIC) - Practice Questions C C C C C C




1. When is a representation false?
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A. When the facts fail to correspond with its assertions or stipulations
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B. When the insured fails to sign the application
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C. When the agent does not disclose the policy terms
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D. When the premium is not paid on time
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Answer: A C




2. Which of the following is TRUE regarding the use of fictitious names for
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C business?
A. The actual and fictitious business names must be registered with the commissioner
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B. Only the fictitious business name must be registered
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C. No registration is required for fictitious names
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D. Only the actual business name must be registered
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Answer: A C




3. Which is an ACCURATE statement regarding dependent coverage under a
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C group insurance policy?
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A. The coverage must not exceed more than 100 percent of the coverage for the
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insured employee
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,B. Dependent coverage can be unlimited
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C. Dependent coverage must be exactly 50% of employee coverage
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D. Dependent coverage is not allowed in group policies
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Answer: A C




4. According to CIC Section 1711, an organization ceases to exist as an entity
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C eligible to hold a license EXCEPT:
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A. Upon the termination of all contracts
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B. Upon dissolution of the organization
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C. Upon bankruptcy filing
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D. Upon revocation of its charter
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Answer: A C




5. As long as employment continues, which is the ONLY reason the validity of a
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C group life insurance policy can be contested?
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A. Non-payment of premiums after the policy has been in force for two years
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B. Fraudulent application by the employee
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C. Misstatement of age
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D. Change of beneficiary
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Answer: A C




6. All of the following are TRUE about the rules regarding the sale of life
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C insurance and annuities to seniors age 65 or older EXCEPT:
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A. The agent, broker, or insurer is required to show a copy of their insurance license
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, with name, address, and phone number when conducting business in the senior home
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B. Agents must disclose their status as licensed professionals
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C. Sales to seniors must comply with suitability requirements
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D. Free look periods apply to seniors
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Answer: A C




7. What is a solicitor employed to do for a policy other than life?
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A. To aid a property and casualty agent or broker in transacting insurance
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B. To sell only life insurance policies
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C. To act as an underwriter for the insurer
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D. To adjust claims independently
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Answer: A C




8. All of the following are examples of representation except:
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A. It may be altered after the insurance is effected
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B. It is a statement made by the applicant
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C. It is relied upon by the insurer
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D. It must be true to the best of knowledge
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Answer: A C




9. Except as provided by sections 10203.5 and 10203.8 in the CIC, the insurer shall
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C provide which document to be delivered by the employer to the employee?
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A. An individual certification of insurance
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B. A group policy summary
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