CA LIFE AND HEALTH INSUARANCE 2025 EXAM
CA LIFE AND HEALTH INSURANCE EXAM |
NEWEST ACTUAL EXAM COMPREHENSIVE
QUESTIONS AND VERIFIED ANSWERS
GRADED A+ | 100% PASS | 2025 UPDATE!
Which report of an insurance applicant's creditworthiness and personal
characteristics may influence eligibility for life and health insurance? -
✔✔✔ Correct Answer > Consumer report.
In group life insurance, who is issued a certificate of insurance? - ✔✔✔
Correct Answer > The participant.
Which type of insurance guarantees the right to renew the policy each year,
regardless of health, but at an increased premium? - ✔✔✔ Correct Answer >
Renewable term.
If a life agent sells a whole life policy to a prospect on behalf of an insurer
without an appointment, the - ✔✔✔ Correct Answer > insurer must submit a
notice of appointment to the Commissioner.
Which component of a life insurance premium is based on the insured's age and
gender? - ✔✔✔ Correct Answer > Mortality
Which benefits are provided by key employee insurance? - ✔✔✔ Correct Answer
> Payment to a business when an important employee dies.
CA LIFE AND HEALTH INSUARANCE 2025 EXAM
, CA LIFE AND HEALTH INSUARANCE 2025 EXAM
How can partners guarantee a market for their share of the business in the event
of death? - ✔✔✔ Correct Answer > Buy-sell agreements.
Which policy covering two or more individuals pays the face amount only when
the first person dies? - ✔✔✔ Correct Answer > Joint life policy.
Which two insurance products are commonly used to fund buy-sell agreements? -
✔✔✔ Correct Answer > Life insurance and disability insurance.
Which policy provision protects the insurer against possible adverse selection? -
✔✔✔ Correct Answer > Suicide clause.
Which type of insurance coverage has both a savings element and a flexible
premium option? - ✔✔✔ Correct Answer > Universal life
A life insurance policy written after 1988 that fails to meet the seven- pay test is
known as - ✔✔✔ Correct Answer > a modified endowment contract.
What type of insurance policy provides a death benefit that matches the
projected outstanding debt on an individual's home? - ✔✔✔ Correct Answer >
Mortgage redemption.
CA LIFE AND HEALTH INSUARANCE 2025 EXAM
, CA LIFE AND HEALTH INSUARANCE 2025 EXAM
An agent who violates the laws governing life insurance policy illustrations is
subject to all of the following EXCEPT - ✔✔✔ Correct Answer > mandatory
termination of all insurer appointments.
Which policy is a saving instrument designed to first accumulate funds and then
systematically to liquidate the funds? - ✔✔✔ Correct Answer > Deferred annuity.
Individual life insurance policies sold to seniors in the State of California must
include a prominently placed statement that divulges all of the following
information EXCEPT - ✔✔✔ Correct Answer > proof of surrender must be
notarized at the agent's principal office.
People commonly purchase an annuity to protect against the risk of: -
✔✔✔ Correct Answer > outliving their financial resources.
What is one difference between group life an individual life underwriting? - ✔✔✔
Correct Answer > Individual life insurance requires the applicant to answer
medical questions.
A $50,000 whole life policy with a cash value of $10,000 has been in force for
eleven years. The policyowner is unable to continue the premium payments.
Which of the following describes the reduced paid-
CA LIFE AND HEALTH INSUARANCE 2025 EXAM
CA LIFE AND HEALTH INSURANCE EXAM |
NEWEST ACTUAL EXAM COMPREHENSIVE
QUESTIONS AND VERIFIED ANSWERS
GRADED A+ | 100% PASS | 2025 UPDATE!
Which report of an insurance applicant's creditworthiness and personal
characteristics may influence eligibility for life and health insurance? -
✔✔✔ Correct Answer > Consumer report.
In group life insurance, who is issued a certificate of insurance? - ✔✔✔
Correct Answer > The participant.
Which type of insurance guarantees the right to renew the policy each year,
regardless of health, but at an increased premium? - ✔✔✔ Correct Answer >
Renewable term.
If a life agent sells a whole life policy to a prospect on behalf of an insurer
without an appointment, the - ✔✔✔ Correct Answer > insurer must submit a
notice of appointment to the Commissioner.
Which component of a life insurance premium is based on the insured's age and
gender? - ✔✔✔ Correct Answer > Mortality
Which benefits are provided by key employee insurance? - ✔✔✔ Correct Answer
> Payment to a business when an important employee dies.
CA LIFE AND HEALTH INSUARANCE 2025 EXAM
, CA LIFE AND HEALTH INSUARANCE 2025 EXAM
How can partners guarantee a market for their share of the business in the event
of death? - ✔✔✔ Correct Answer > Buy-sell agreements.
Which policy covering two or more individuals pays the face amount only when
the first person dies? - ✔✔✔ Correct Answer > Joint life policy.
Which two insurance products are commonly used to fund buy-sell agreements? -
✔✔✔ Correct Answer > Life insurance and disability insurance.
Which policy provision protects the insurer against possible adverse selection? -
✔✔✔ Correct Answer > Suicide clause.
Which type of insurance coverage has both a savings element and a flexible
premium option? - ✔✔✔ Correct Answer > Universal life
A life insurance policy written after 1988 that fails to meet the seven- pay test is
known as - ✔✔✔ Correct Answer > a modified endowment contract.
What type of insurance policy provides a death benefit that matches the
projected outstanding debt on an individual's home? - ✔✔✔ Correct Answer >
Mortgage redemption.
CA LIFE AND HEALTH INSUARANCE 2025 EXAM
, CA LIFE AND HEALTH INSUARANCE 2025 EXAM
An agent who violates the laws governing life insurance policy illustrations is
subject to all of the following EXCEPT - ✔✔✔ Correct Answer > mandatory
termination of all insurer appointments.
Which policy is a saving instrument designed to first accumulate funds and then
systematically to liquidate the funds? - ✔✔✔ Correct Answer > Deferred annuity.
Individual life insurance policies sold to seniors in the State of California must
include a prominently placed statement that divulges all of the following
information EXCEPT - ✔✔✔ Correct Answer > proof of surrender must be
notarized at the agent's principal office.
People commonly purchase an annuity to protect against the risk of: -
✔✔✔ Correct Answer > outliving their financial resources.
What is one difference between group life an individual life underwriting? - ✔✔✔
Correct Answer > Individual life insurance requires the applicant to answer
medical questions.
A $50,000 whole life policy with a cash value of $10,000 has been in force for
eleven years. The policyowner is unable to continue the premium payments.
Which of the following describes the reduced paid-
CA LIFE AND HEALTH INSUARANCE 2025 EXAM
