California Life Insurance License Exam 2025 QUESTIONS
AND ANSWERS VERIFIED
Terms in this set (129) QUESTIONS VERIFIED ANSWERS
1) Which of the following applies to the social insurance Contributions are compulsory
program known as social security? for most workers
2) From the choices below select the one which is false The benefits received are
about Social Security (OASDHI): closely related to the
contributions made,
actuarially speaking.
3) By definition, the United States Government is not an FALSE
insurer.
4) A worker dies while he is credited with six quarters of Currently insured
the last 13 quarter period. What status does the worker
have under social security?
5) Retirement benefits under social security are available Fully insured
only for workers who are:
6) Three of the four types of benefits given by the Social Retirement
Security system are listed below. What is the fourth?
, 1) Disability
2) Medicare
3) Survivors
7) Which of the following is true regarding the The majority of workers in
government's social insurance program known as Social the U.S. must pay into the
Security? program.
8) The social security normal retirement age depends upon: The worker's year of birth
9) Lawrence is a 'fully insured' worker. If he were to die No
leaving his 40 year old spouse and 12 year old son,
would his surviving spouse be entitled to receive
monthly benefits for the remainder of her life?
10) The period of time in which a housewife, who has "Blackout period"
survived the death of her husband, will not receive
income benefits from Social Security is called the:
11) Which is NOT a way one can become entitled to Social 1 only
Security Disability benefits?
1) Be totally and permanently disabled for 1 month.
2) Be disabled for 12 months or longer, plus other
qualifications.
12) Which of the following is not correct regarding the The payments received from
disability benefits provided by Social Security? this program are meant to
entirely replace worker's lost
earnings.
, 13) Which definition of disability is the most difficult for an The total disability definition
injured worker to satisfy? used by the Social Security
Administration
14) Under social security, the definition of disability is the Any substantial gainful
inability to engage in: activity
15) Social Security provides protection against the financial Poor investments
consequences of allof the following, except:
16) The social security blackout period ends when the 60
surviving spouse reaches the age of:
17) Social Security disability benefits are paid to persons 12 months
expected to die or be disabled at least:
18) From the choices below select the one which is false The program is considered
about Social Security (OASDHI): "fully funded."
19) The taxes that fund Social Security are paid by: Employers and employees
equally
20) Determination of a worker's insured status for Social The number of quarters
Security uses: worked
21) When an eligible worker dies, all of the following may The worker's 41-year old
be entitled to survivors benefits through social security, widow
EXCEPT:
22) hich of the following would an agent be guilty of for A misdemeanor.
misrepresenting the amount of dividends a policy will
pay?
AND ANSWERS VERIFIED
Terms in this set (129) QUESTIONS VERIFIED ANSWERS
1) Which of the following applies to the social insurance Contributions are compulsory
program known as social security? for most workers
2) From the choices below select the one which is false The benefits received are
about Social Security (OASDHI): closely related to the
contributions made,
actuarially speaking.
3) By definition, the United States Government is not an FALSE
insurer.
4) A worker dies while he is credited with six quarters of Currently insured
the last 13 quarter period. What status does the worker
have under social security?
5) Retirement benefits under social security are available Fully insured
only for workers who are:
6) Three of the four types of benefits given by the Social Retirement
Security system are listed below. What is the fourth?
, 1) Disability
2) Medicare
3) Survivors
7) Which of the following is true regarding the The majority of workers in
government's social insurance program known as Social the U.S. must pay into the
Security? program.
8) The social security normal retirement age depends upon: The worker's year of birth
9) Lawrence is a 'fully insured' worker. If he were to die No
leaving his 40 year old spouse and 12 year old son,
would his surviving spouse be entitled to receive
monthly benefits for the remainder of her life?
10) The period of time in which a housewife, who has "Blackout period"
survived the death of her husband, will not receive
income benefits from Social Security is called the:
11) Which is NOT a way one can become entitled to Social 1 only
Security Disability benefits?
1) Be totally and permanently disabled for 1 month.
2) Be disabled for 12 months or longer, plus other
qualifications.
12) Which of the following is not correct regarding the The payments received from
disability benefits provided by Social Security? this program are meant to
entirely replace worker's lost
earnings.
, 13) Which definition of disability is the most difficult for an The total disability definition
injured worker to satisfy? used by the Social Security
Administration
14) Under social security, the definition of disability is the Any substantial gainful
inability to engage in: activity
15) Social Security provides protection against the financial Poor investments
consequences of allof the following, except:
16) The social security blackout period ends when the 60
surviving spouse reaches the age of:
17) Social Security disability benefits are paid to persons 12 months
expected to die or be disabled at least:
18) From the choices below select the one which is false The program is considered
about Social Security (OASDHI): "fully funded."
19) The taxes that fund Social Security are paid by: Employers and employees
equally
20) Determination of a worker's insured status for Social The number of quarters
Security uses: worked
21) When an eligible worker dies, all of the following may The worker's 41-year old
be entitled to survivors benefits through social security, widow
EXCEPT:
22) hich of the following would an agent be guilty of for A misdemeanor.
misrepresenting the amount of dividends a policy will
pay?
