CALIFORNIA P&C LICENSING EXAM
QUESTIONS AND ANSWERS WITH
VERIFIED SOLUTIONS 100% CORRECT
RATED A+
Q: Under the commercial crime coverage part, loss resulting from employee
dishonesty is:
a. always excluded
b. always covered
c. excluded unless an employee dishonesty coverage form is attached
d. always covered
✔✔ A: c. excluded unless an employee dishonesty coverage form is attached
Q: What is true about COBRA?
a. the company can terminate health insurance at the time of termination
b. once the employee is not part of the group he will need to qualify as an
individual
c. dependents of an employee must be given the same rights as the employee
d. all of the above
✔✔ A: c. dependents of an employee must be given the same rights as the
employee
Q: An individual who owns a duplex has damage to his rental and has loss of
income. His insurance would cover this loss of rent under:
a. basic, broad, and special forms
b. broad and special forms only
c. there is no coverage
d. not covered as he isn't part of the homeowners association
✔✔ A: a. basic, broad, and special forms
,Q: Who can sell Medicare supplement policies?
a. property and casualty agents
b. life analyst
c. any licensed agent
d. life agents only
✔✔ A: d. life agents only
Q: Which commercial crime coverage form provides risk coverage for money
and securities?
a. robbery and safe burglary coverage
b. premises theft and robbery outside the premises coverage
c. theft, disappearance and destruction coverage
d. premises burglary coverage
✔✔ A: c. theft, disappearance and destruction coverage
Q: Medicare supplement policies regulated by the code must:
a. market anything they want
b. sell only additional coverages
c. whatever federal law allows
d. offer the core benefits
✔✔ A: d. offer the core benefits
Q: Which of the following may not be covered under a dwelling?
a. tenant improvements or additions
b. detached garage
c. the insured's stamp collection
d. rent money that could be lost under damage to a rental property
✔✔ A: c. the insured's stamp collection
Q: Medicare Part B requires additional premiums
a. true
,b. false
✔✔ A: a. true
Q: Which of the following perils are covered by a basic coverage form of a
dwelling?
a. fire and smoke
b. fire, smoke and rain
c. fire, lightning and internal explosion
d. all of the above
✔✔ A: c. fire, lightning and internal explosion
Which of the following is correct in regards to a Business Owner Policy for an
office building?
a. cannot exceed gross sales of $3 million in a year
b. cannot exceed 6 stories an 60 dwelling units
c. cannot exceed 6 stories or 100,000 square feet
d. all of the above are correct - ANSWER✔✔c. cannot exceed 6 stories or 100,000
square feet
A worker is injured and can only complete 60% of duties that his job requires; he
is considered to be which:
a. permanently, partially disabled
b. totally disabled
c. temporarily disabled
d. does not qualify for disability - ANSWER✔✔a. permanently, partially disabled
The Loss Sustained Form covers losses that occur during the policy period and
losses are discovered and reported during the policy period or up to 1 year after the
policy expires.
, a. true
b. false - ANSWER✔✔a. true
What does a Mexican liability endorsement cover?
a. excess liability for accidents within 50 miles of the US border on trips of 30 days
or less.
b. excess liability for accidents within 25 miles of the US border on trips of 10
days or less.
c. excess liability for accidents within 100 miles of the US border on trips of 10
days or less
d. None of the above - ANSWER✔✔b. excess liability for accidents within 25
miles of the US border on trips of 10 days or less.
Which of the following has the most stringent definition of a total disability?
a. Partial disability
b. Temporary disability
c. total disability under the social security disability
d. all of the definitions are universal - ANSWER✔✔c. total disability under the
social security disability
Which of the following dwelling forms does not include burglary of the insured's
personal property?
a. Basic
b. Broad
c. Special
d. named perils - ANSWER✔✔a. Basic
QUESTIONS AND ANSWERS WITH
VERIFIED SOLUTIONS 100% CORRECT
RATED A+
Q: Under the commercial crime coverage part, loss resulting from employee
dishonesty is:
a. always excluded
b. always covered
c. excluded unless an employee dishonesty coverage form is attached
d. always covered
✔✔ A: c. excluded unless an employee dishonesty coverage form is attached
Q: What is true about COBRA?
a. the company can terminate health insurance at the time of termination
b. once the employee is not part of the group he will need to qualify as an
individual
c. dependents of an employee must be given the same rights as the employee
d. all of the above
✔✔ A: c. dependents of an employee must be given the same rights as the
employee
Q: An individual who owns a duplex has damage to his rental and has loss of
income. His insurance would cover this loss of rent under:
a. basic, broad, and special forms
b. broad and special forms only
c. there is no coverage
d. not covered as he isn't part of the homeowners association
✔✔ A: a. basic, broad, and special forms
,Q: Who can sell Medicare supplement policies?
a. property and casualty agents
b. life analyst
c. any licensed agent
d. life agents only
✔✔ A: d. life agents only
Q: Which commercial crime coverage form provides risk coverage for money
and securities?
a. robbery and safe burglary coverage
b. premises theft and robbery outside the premises coverage
c. theft, disappearance and destruction coverage
d. premises burglary coverage
✔✔ A: c. theft, disappearance and destruction coverage
Q: Medicare supplement policies regulated by the code must:
a. market anything they want
b. sell only additional coverages
c. whatever federal law allows
d. offer the core benefits
✔✔ A: d. offer the core benefits
Q: Which of the following may not be covered under a dwelling?
a. tenant improvements or additions
b. detached garage
c. the insured's stamp collection
d. rent money that could be lost under damage to a rental property
✔✔ A: c. the insured's stamp collection
Q: Medicare Part B requires additional premiums
a. true
,b. false
✔✔ A: a. true
Q: Which of the following perils are covered by a basic coverage form of a
dwelling?
a. fire and smoke
b. fire, smoke and rain
c. fire, lightning and internal explosion
d. all of the above
✔✔ A: c. fire, lightning and internal explosion
Which of the following is correct in regards to a Business Owner Policy for an
office building?
a. cannot exceed gross sales of $3 million in a year
b. cannot exceed 6 stories an 60 dwelling units
c. cannot exceed 6 stories or 100,000 square feet
d. all of the above are correct - ANSWER✔✔c. cannot exceed 6 stories or 100,000
square feet
A worker is injured and can only complete 60% of duties that his job requires; he
is considered to be which:
a. permanently, partially disabled
b. totally disabled
c. temporarily disabled
d. does not qualify for disability - ANSWER✔✔a. permanently, partially disabled
The Loss Sustained Form covers losses that occur during the policy period and
losses are discovered and reported during the policy period or up to 1 year after the
policy expires.
, a. true
b. false - ANSWER✔✔a. true
What does a Mexican liability endorsement cover?
a. excess liability for accidents within 50 miles of the US border on trips of 30 days
or less.
b. excess liability for accidents within 25 miles of the US border on trips of 10
days or less.
c. excess liability for accidents within 100 miles of the US border on trips of 10
days or less
d. None of the above - ANSWER✔✔b. excess liability for accidents within 25
miles of the US border on trips of 10 days or less.
Which of the following has the most stringent definition of a total disability?
a. Partial disability
b. Temporary disability
c. total disability under the social security disability
d. all of the definitions are universal - ANSWER✔✔c. total disability under the
social security disability
Which of the following dwelling forms does not include burglary of the insured's
personal property?
a. Basic
b. Broad
c. Special
d. named perils - ANSWER✔✔a. Basic
