California Life, Accident, and Health State Exam
(2023 - 2024) All Questions and Answers
(Verified) / Graded A+++
1. "blackout period" affects>>>> widowed spouse
2. How long must an individual be unable to engage in any gainful activity
due to physical or mental disability in order to qualify for total Social
Security Total Disability?>>>> 12 months
3. What does ESOP stand for?>>>> Employee Stock Ownership Plan
4. An example of risk sharing would be>>>> Doctors pooling their
money to cover malpractice exposures
5. According to life insurance contract law, insurable interest
exists>>>> at the time of application
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,6. In California, the elderly can receive information about health
relates issues from?>>>> HiCAP
7. The purpose of Medicare Supplement Insurance is to address gaps
in Medicare coverage, which can include?>>>> Medicare in-hospital
deductible
8. Which of the following is Ineligible to participate in Section 125 plan?
>>>> An S-Corp Owner with greater than 2% share
9. Which type of plan would be most appropriate for an individual on
Medicare and is concerned that Medicare will NOT pay for charges
exceeding the approved amount?>>>> Medicare Supplement Plan F
10.what is the purpose of the pre-existing condition insurance plan>>>>
Provides health insurance coverage to individuals who have
preexisting conditions
11.In most dental plans, a deductible typically is NOT applied to>>>>
Preventative and diagnostic services
2/8
, 12.What guarantees that the statements supplied by an insurance
applicant are true?>>>> Warranty
13.How is a health provider reimbursed if they do NOT have an agreement
in place with the insurance company?>>>> With a usual, customary,
and reasonable fee
14.A provision in a whole life policy that allows a policyowner to
terminate the policy in return for a reduced paid-up policy of the same
type is called a(n)>>>> nonforfeiture provision
15.Which of these statements regarding the annuitant is CORRECT?
>>>> The annuitant's life expectancy determines the annuity
payments
16.Dishonest tendencies that increase the probability of loss are what
types of hazard?>>>> Moral Hazard
3/8
(2023 - 2024) All Questions and Answers
(Verified) / Graded A+++
1. "blackout period" affects>>>> widowed spouse
2. How long must an individual be unable to engage in any gainful activity
due to physical or mental disability in order to qualify for total Social
Security Total Disability?>>>> 12 months
3. What does ESOP stand for?>>>> Employee Stock Ownership Plan
4. An example of risk sharing would be>>>> Doctors pooling their
money to cover malpractice exposures
5. According to life insurance contract law, insurable interest
exists>>>> at the time of application
1/8
,6. In California, the elderly can receive information about health
relates issues from?>>>> HiCAP
7. The purpose of Medicare Supplement Insurance is to address gaps
in Medicare coverage, which can include?>>>> Medicare in-hospital
deductible
8. Which of the following is Ineligible to participate in Section 125 plan?
>>>> An S-Corp Owner with greater than 2% share
9. Which type of plan would be most appropriate for an individual on
Medicare and is concerned that Medicare will NOT pay for charges
exceeding the approved amount?>>>> Medicare Supplement Plan F
10.what is the purpose of the pre-existing condition insurance plan>>>>
Provides health insurance coverage to individuals who have
preexisting conditions
11.In most dental plans, a deductible typically is NOT applied to>>>>
Preventative and diagnostic services
2/8
, 12.What guarantees that the statements supplied by an insurance
applicant are true?>>>> Warranty
13.How is a health provider reimbursed if they do NOT have an agreement
in place with the insurance company?>>>> With a usual, customary,
and reasonable fee
14.A provision in a whole life policy that allows a policyowner to
terminate the policy in return for a reduced paid-up policy of the same
type is called a(n)>>>> nonforfeiture provision
15.Which of these statements regarding the annuitant is CORRECT?
>>>> The annuitant's life expectancy determines the annuity
payments
16.Dishonest tendencies that increase the probability of loss are what
types of hazard?>>>> Moral Hazard
3/8
