LIFE, ACCIDENT AND HEALTH OR SICKNESS
EXAMINATION LATEST 2025-2026 ACTUAL EXAM TEST
BANK 600 QUESTIONS AND (VERIFIED ANSWERS)
|ALREADY GRADED A
Overview:
This latest version reflects the 2025–2026 exam standards, covering all critical areas of Life,
Accident, and Health or Sickness insurance. It serves as a valuable study companion for those
preparing for their licensing exam by providing realistic, exam-style questions with verified
answers.
Key Features:
600 practice questions with verified correct answers.
Covers all major exam domains: life insurance, accident insurance, health and sickness
insurance.
Questions mirror the style, structure, and difficulty of the actual exam.
Designed to strengthen knowledge, recall, and application skills.
Clear explanations provided to reinforce learning.
Purpose:
To prepare candidates for the Life, Accident, and Health or Sickness Examination.
To provide a reliable test bank that simulates the actual exam format.
To help learners identify strengths and areas needing improvement before the official
exam.
Recommended For:
Individuals preparing for their Life, Accident, and Health or Sickness insurance licensing
exam.
Students and professionals seeking a verified and up-to-date study guide.
Anyone aiming to improve test-taking strategies and overall exam readiness
A Long Term care insurance rider can include coverage for all of the following EXCEPT : -
ANSWERHospital acute care
Which statement best describes a life insurance policy dividend ? - ANSWER-Legally defined as a return
of excess premium and not taxable.
,Which of the following information is not required to be communicated in a life insurance contract? -
ANSWER-Personal judgment
When are parties to a contract required to communicate information solely based on personal judgment
for a matter in question? - ANSWER-Never
After the deductible is paid , what percentage of the balance of approved charge does Medicare part A
pay ? - ANSWER-80%
Medicare Part A provides coverage for all of the following , EXCEPT : - ANSWER-Physician services
Benefits under social security are available only for workers who are - ANSWER-Fully insured ( 40
quarters of coverage )
For social security purpose , a person with 40 quarters of coverage is considered. - ANSWER-Fully
insured ( 40 quarters of coverage )
Who are members of the Medical information bureau ? - ANSWER-Life and health insurers ( life and
health insurance companies )
Which of the following is the best definition of premium ? - ANSWER-Money the insured pays the insurer
to obtain the benefits in the policy .
What rule is used to determine the importance of a representation ? - ANSWER-The materiality of
concealment
The theory of probability is applied to life insurance through the use of - ANSWER-Mortality tables
In health insurance , the result of a rise in the morbidity rate is : - ANSWER-Increased premium
,In the absence of a coordination of benefits clause , all of the following circumstance might result in
recovery of more than 100 % of actual health care expense EXCEPT - ANSWER-A worker's medical plan
included a carryover deductible provision
An individual is allowed to enroll in individual health insurance under the following circumstances
EXCEPT - ANSWER-Within 30 days of being diagnosed with an illness
Which policy covering two or more individuals pays the face amount only when the first person dies ? -
ANSWER-Joint life policy
The acts that are reasonably necessary to the duties expressly authorized would be covered by an
agent's - ANSWER-Implied authority
Which type of insurance guarantees the right to renew the policy each year , regardless of health , but
increased premiums - ANSWER-individuals the duties right Renewable term
Life insurance policies written without a physical examination are called : - ANSWER-Non - medical
Part - time nursing care that follows a hospitalization and can be provided in a patient's home is covered
under - ANSWER-Home health care benefits
Regarding the Health Benefit Exchanges , as created by PPACA , all of the following statements are true
EXCEPT - ANSWER-An individual enrolling in a bronze level plan is not eligible for reduced cost sharing
An attempt by an agent to deter an insured from replacing an existing life insurance policy is called : -
ANSWER-Conservation
All of the following statements are true regarding Health Insurance Counseling Advocacy program HICAP
counselors EXCEPT - ANSWER-Are qualified to give legal advice
A 10 years period certain annuity with an installment refund is purchased . The annuitant dies after
being receiving monthly payments for 5 years . How many remaining payments will the insurer make ? -
ANSWER-60 payments
, NAIC reporting frequency for insurer financial statements is - ANSWER-Annually
Which of the following statements regarding risk is TRUE - ANSWER-Only pure risks are insurable
The California Code of Regulations governing claim settlement practice prohibits all of the following acts
of unfair discrimination EXCEPT denial of claim based on - ANSWER-Reckless behavior
What is it called when an insurer uses higher rates based solely on religion , race or ethnic group ? -
ANSWER-Unfair discrimination
All of the following statements about aleatory contracts are true EXCEPT : - ANSWER-The insured and
insurer contribute equally to the contract
A contract in which one party promises to indemnify another against loss that arises from an unknown
event is : - ANSWER-An insurance policy
A commonly used cost containment measure for emergency hospital care under a major medical
expense plan is? - ANSWER-Deductible
An insurer entitled to transact business by complying with the California Insurance Code? -
ANSWERAdmitted carrier
An insurance solicitor is a person authorized to : - ANSWER-Assist a broker or agent in selling insurance
Upon notification of a claim , a claimant may have access to the California Fair Claims Settlement
Practices Regulations through all of the following means EXCEPT - ANSWER-An interview appointment
with the agent of record
The inability of an insured to perform one or more of the regular duties of his or her own occupation "
this is a description of a - ANSWER-Partial disability
As established by PPACA , an adult child may be covered by the parent's health insurance plan until what
age ? - ANSWER-26 years old
EXAMINATION LATEST 2025-2026 ACTUAL EXAM TEST
BANK 600 QUESTIONS AND (VERIFIED ANSWERS)
|ALREADY GRADED A
Overview:
This latest version reflects the 2025–2026 exam standards, covering all critical areas of Life,
Accident, and Health or Sickness insurance. It serves as a valuable study companion for those
preparing for their licensing exam by providing realistic, exam-style questions with verified
answers.
Key Features:
600 practice questions with verified correct answers.
Covers all major exam domains: life insurance, accident insurance, health and sickness
insurance.
Questions mirror the style, structure, and difficulty of the actual exam.
Designed to strengthen knowledge, recall, and application skills.
Clear explanations provided to reinforce learning.
Purpose:
To prepare candidates for the Life, Accident, and Health or Sickness Examination.
To provide a reliable test bank that simulates the actual exam format.
To help learners identify strengths and areas needing improvement before the official
exam.
Recommended For:
Individuals preparing for their Life, Accident, and Health or Sickness insurance licensing
exam.
Students and professionals seeking a verified and up-to-date study guide.
Anyone aiming to improve test-taking strategies and overall exam readiness
A Long Term care insurance rider can include coverage for all of the following EXCEPT : -
ANSWERHospital acute care
Which statement best describes a life insurance policy dividend ? - ANSWER-Legally defined as a return
of excess premium and not taxable.
,Which of the following information is not required to be communicated in a life insurance contract? -
ANSWER-Personal judgment
When are parties to a contract required to communicate information solely based on personal judgment
for a matter in question? - ANSWER-Never
After the deductible is paid , what percentage of the balance of approved charge does Medicare part A
pay ? - ANSWER-80%
Medicare Part A provides coverage for all of the following , EXCEPT : - ANSWER-Physician services
Benefits under social security are available only for workers who are - ANSWER-Fully insured ( 40
quarters of coverage )
For social security purpose , a person with 40 quarters of coverage is considered. - ANSWER-Fully
insured ( 40 quarters of coverage )
Who are members of the Medical information bureau ? - ANSWER-Life and health insurers ( life and
health insurance companies )
Which of the following is the best definition of premium ? - ANSWER-Money the insured pays the insurer
to obtain the benefits in the policy .
What rule is used to determine the importance of a representation ? - ANSWER-The materiality of
concealment
The theory of probability is applied to life insurance through the use of - ANSWER-Mortality tables
In health insurance , the result of a rise in the morbidity rate is : - ANSWER-Increased premium
,In the absence of a coordination of benefits clause , all of the following circumstance might result in
recovery of more than 100 % of actual health care expense EXCEPT - ANSWER-A worker's medical plan
included a carryover deductible provision
An individual is allowed to enroll in individual health insurance under the following circumstances
EXCEPT - ANSWER-Within 30 days of being diagnosed with an illness
Which policy covering two or more individuals pays the face amount only when the first person dies ? -
ANSWER-Joint life policy
The acts that are reasonably necessary to the duties expressly authorized would be covered by an
agent's - ANSWER-Implied authority
Which type of insurance guarantees the right to renew the policy each year , regardless of health , but
increased premiums - ANSWER-individuals the duties right Renewable term
Life insurance policies written without a physical examination are called : - ANSWER-Non - medical
Part - time nursing care that follows a hospitalization and can be provided in a patient's home is covered
under - ANSWER-Home health care benefits
Regarding the Health Benefit Exchanges , as created by PPACA , all of the following statements are true
EXCEPT - ANSWER-An individual enrolling in a bronze level plan is not eligible for reduced cost sharing
An attempt by an agent to deter an insured from replacing an existing life insurance policy is called : -
ANSWER-Conservation
All of the following statements are true regarding Health Insurance Counseling Advocacy program HICAP
counselors EXCEPT - ANSWER-Are qualified to give legal advice
A 10 years period certain annuity with an installment refund is purchased . The annuitant dies after
being receiving monthly payments for 5 years . How many remaining payments will the insurer make ? -
ANSWER-60 payments
, NAIC reporting frequency for insurer financial statements is - ANSWER-Annually
Which of the following statements regarding risk is TRUE - ANSWER-Only pure risks are insurable
The California Code of Regulations governing claim settlement practice prohibits all of the following acts
of unfair discrimination EXCEPT denial of claim based on - ANSWER-Reckless behavior
What is it called when an insurer uses higher rates based solely on religion , race or ethnic group ? -
ANSWER-Unfair discrimination
All of the following statements about aleatory contracts are true EXCEPT : - ANSWER-The insured and
insurer contribute equally to the contract
A contract in which one party promises to indemnify another against loss that arises from an unknown
event is : - ANSWER-An insurance policy
A commonly used cost containment measure for emergency hospital care under a major medical
expense plan is? - ANSWER-Deductible
An insurer entitled to transact business by complying with the California Insurance Code? -
ANSWERAdmitted carrier
An insurance solicitor is a person authorized to : - ANSWER-Assist a broker or agent in selling insurance
Upon notification of a claim , a claimant may have access to the California Fair Claims Settlement
Practices Regulations through all of the following means EXCEPT - ANSWER-An interview appointment
with the agent of record
The inability of an insured to perform one or more of the regular duties of his or her own occupation "
this is a description of a - ANSWER-Partial disability
As established by PPACA , an adult child may be covered by the parent's health insurance plan until what
age ? - ANSWER-26 years old
