CA PSI SITE LIFE ACCIDENT AND HEALTH OR
SICKNESS EXAM (LIFE AGENT) LATEST 2025 REAL
EXAM COMPLETE 200 QUESTIONS AND CORRECT
DETAILS (VERIFIED ANSWERS) |ALREADY GRADED
A+
How does an "admitted" person differ from an "nonadmitted" person, as it
pertains to insurance? - ans -An "admitted" person has the right to transact
insurance business within the state, while a "nonadmitted" person is not entitled
to this action.
Which of the following provisions of free insurance offered as an incentive to
purchase or rent property is TRUE? - ans -It requires a separate charge or fee.
Which statement accurately describes de-mutualization? - ans -a mutual
insurance company that decides to convert to a stock company
When should an insurer provide for the continuous operation of a unit or division
to investigate possible fraudulent claims? - ans -If admitted to do business in this
state, except those otherwise exempted.
A claimant can be any of the following EXCEPT - ans -a person who is conducting
an investigation of a claim on behalf of an insurer.
When can a person act as an agent of the insurer? - ans -when the insurer has
filed with the commissioner a notice of appointment
When working on behalf of an insurer for which they are not specifically
appointed, what may a licensed agent do? - ans -present a proposal for insurance
and transmit an application to the insurer
What does concealment, whether intentional or unintentional, entitle the injured
party to? - ans -The insurer may rescind the contract on the basis of
misrepresentation, concealment, or fraud by the insured.
,All of the following define insolvency EXCEPT - ans -revocation of certificate of
authority by the commissioner.
Which of the following is TRUE regarding continuing education requirements of
an agent or broker? - ans -Any licensee shall satisfactorily complete 24 hours of
instruction prior to license renewal.
Which of the following actions is considered part of the insurance sales process? -
ans -Transaction of matters subsequent to execution of the contract and arising
out of it.
All the following are requirements for an agent who advertises and transacts
business on the Internet EXCEPT - ans -his or her most recent license and
appointment date.
A person who does NOT hold a valid license may do which of the following - ans -
examine contracts of insurance.
As used in the insurance code, the word "shall" is mandatory and the word "may"
is permissive EXCEPT - ans -unless otherwise apparent from the context.
Which of the following is TRUE regarding the use of fictitious names for business?
- ans -The actual and fictitious business names must be registered with the
commissioner.
It is unlawful to do any of the following EXCEPT - ans -make or cause to made a
knowingly false or fraudulent or material representation for the purpose of
encouraging an injured worker to claim benefits.
An insurance agent is a person who transacts all of the following types of
insurance EXCEPT - ans -life insurance.
Which of the following is TRUE regarding nonadmitted insurers? - ans -Acting as
an agent for a nonadmitted insurer is considered a misdemeanor.
According to CIC Section 1711, an organization ceases to exist as an entity eligible
to hold a license EXCEPT - ans -upon the termination of all contracts.
, What is a solicitor employed to do for a policy other than life? - ans -To aid a
property and casualty agent or broker in transacting insurance.
Which of the following is the method wherein a contract of insurance is finalized
as relates to the sales process? - ans -Execution of a contract of insurance
When may a surplus line broker solicit and place insurance for a home state
insured with a nonadmitted insurer? - ans -If the same insurance coverage cannot
be procured from an admitted insurer.
Which circumstances in a pretext interview determine if the questions are
permissible? - ans -When an insured is consulted by a person who hides his true
identity on purpose when fraud for a claim is suspected.
Which of the following is an insurer allowed to do in the event of a claim? - ans -
request a medical examination for the purpose of determining liability under a
policy provision
Concealment, whether intentional or unintentional, entitles the injured party to?
- ans -Rescind insurance.
All of the following are to be specified in an insurance policy EXCEPT - ans -the
financial rating of the insured.
How is an insurance policy defined? - ans -The written instrument, in which a
contract of insurance is set forth.
How can a licensee surrender any license for cancellation? - ans -By submitting
written notice or by delivering the license to the commissioner.
Which is an INACCURATE statement on the purpose and intent of the Insurance
Information and Privacy Protection Act? - ans -The Act permits disclosure of
insurance underwriting information and claim history records.
Which of the following may be insured against? - ans -Wagering losses.
SICKNESS EXAM (LIFE AGENT) LATEST 2025 REAL
EXAM COMPLETE 200 QUESTIONS AND CORRECT
DETAILS (VERIFIED ANSWERS) |ALREADY GRADED
A+
How does an "admitted" person differ from an "nonadmitted" person, as it
pertains to insurance? - ans -An "admitted" person has the right to transact
insurance business within the state, while a "nonadmitted" person is not entitled
to this action.
Which of the following provisions of free insurance offered as an incentive to
purchase or rent property is TRUE? - ans -It requires a separate charge or fee.
Which statement accurately describes de-mutualization? - ans -a mutual
insurance company that decides to convert to a stock company
When should an insurer provide for the continuous operation of a unit or division
to investigate possible fraudulent claims? - ans -If admitted to do business in this
state, except those otherwise exempted.
A claimant can be any of the following EXCEPT - ans -a person who is conducting
an investigation of a claim on behalf of an insurer.
When can a person act as an agent of the insurer? - ans -when the insurer has
filed with the commissioner a notice of appointment
When working on behalf of an insurer for which they are not specifically
appointed, what may a licensed agent do? - ans -present a proposal for insurance
and transmit an application to the insurer
What does concealment, whether intentional or unintentional, entitle the injured
party to? - ans -The insurer may rescind the contract on the basis of
misrepresentation, concealment, or fraud by the insured.
,All of the following define insolvency EXCEPT - ans -revocation of certificate of
authority by the commissioner.
Which of the following is TRUE regarding continuing education requirements of
an agent or broker? - ans -Any licensee shall satisfactorily complete 24 hours of
instruction prior to license renewal.
Which of the following actions is considered part of the insurance sales process? -
ans -Transaction of matters subsequent to execution of the contract and arising
out of it.
All the following are requirements for an agent who advertises and transacts
business on the Internet EXCEPT - ans -his or her most recent license and
appointment date.
A person who does NOT hold a valid license may do which of the following - ans -
examine contracts of insurance.
As used in the insurance code, the word "shall" is mandatory and the word "may"
is permissive EXCEPT - ans -unless otherwise apparent from the context.
Which of the following is TRUE regarding the use of fictitious names for business?
- ans -The actual and fictitious business names must be registered with the
commissioner.
It is unlawful to do any of the following EXCEPT - ans -make or cause to made a
knowingly false or fraudulent or material representation for the purpose of
encouraging an injured worker to claim benefits.
An insurance agent is a person who transacts all of the following types of
insurance EXCEPT - ans -life insurance.
Which of the following is TRUE regarding nonadmitted insurers? - ans -Acting as
an agent for a nonadmitted insurer is considered a misdemeanor.
According to CIC Section 1711, an organization ceases to exist as an entity eligible
to hold a license EXCEPT - ans -upon the termination of all contracts.
, What is a solicitor employed to do for a policy other than life? - ans -To aid a
property and casualty agent or broker in transacting insurance.
Which of the following is the method wherein a contract of insurance is finalized
as relates to the sales process? - ans -Execution of a contract of insurance
When may a surplus line broker solicit and place insurance for a home state
insured with a nonadmitted insurer? - ans -If the same insurance coverage cannot
be procured from an admitted insurer.
Which circumstances in a pretext interview determine if the questions are
permissible? - ans -When an insured is consulted by a person who hides his true
identity on purpose when fraud for a claim is suspected.
Which of the following is an insurer allowed to do in the event of a claim? - ans -
request a medical examination for the purpose of determining liability under a
policy provision
Concealment, whether intentional or unintentional, entitles the injured party to?
- ans -Rescind insurance.
All of the following are to be specified in an insurance policy EXCEPT - ans -the
financial rating of the insured.
How is an insurance policy defined? - ans -The written instrument, in which a
contract of insurance is set forth.
How can a licensee surrender any license for cancellation? - ans -By submitting
written notice or by delivering the license to the commissioner.
Which is an INACCURATE statement on the purpose and intent of the Insurance
Information and Privacy Protection Act? - ans -The Act permits disclosure of
insurance underwriting information and claim history records.
Which of the following may be insured against? - ans -Wagering losses.
