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California Department of Insurance CA-Life-Accident-and-Health Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Accident and Health Insurance | - Disability income insurance - Medical expense coverage - Long-term care insurance basics |
| Topic 2: Life Insurance Concepts | - Policy provisions and riders - Types of life insurance policies (term, whole life, universal life) - Beneficiaries and settlement options |
| Topic 3: State Insurance Regulations (California) | - California Insurance Code and regulations - Unfair trade practices and ethics - Licensing requirements and producer conduct |
| Topic 4: Insurance Basics and Principles | - Insurance terminology and principles - Risk management concepts |
| Topic 5: Annuities and Retirement Concepts | - Fixed and variable annuities - Retirement income options |
California Department of Insurance CA Life, Accident and Health or Sickness Examination Sample Questions:
It representation in an insurance contract qualifies as which of the following?
- A. An amendment.
- B. An implied warranty.
- C. A policy provision.
- D. An express warranty.
Correct Answer: B 🗳️
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A condition that may increase the chance of a loss arising from a given cause of loss is a
- A. peril.
- B. risk.
- C. deviation.
- D. hazard.
Correct Answer: D 🗳️
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The type of health care provider that provides both the health care services and the health care coverage is called:
- A. a Health Maintenance Organization.
- B. a Preferred Provider Organization.
- C. an EPO.
- D. a major medical organization.
Correct Answer: A 🗳️
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Which two insurance products are commonly used to fund buy-sell agreements?
- A. Life insurance and disability insurance.
- B. Life insurance and deferred compensation.
- C. Disability insurance and Long-Term Care insurance.
- D. Disability insurance and deferred compensation.
Correct Answer: A 🗳️
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A contract in which only one party to the contract is legally bound to do anything is
- A. conditional.
- B. aleatory.
- C. unilateral.
- D. personal.
Correct Answer: C 🗳️
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