California, Life, Health and Accident 2025 Latest Practice
Exam with 150 Questions and Correct Answers/ CA Life,
Health & Accident Practice Test 2025-2026
Long-term care insurers in California must offer the insured the option of
purchasing inflation protection that is not less favorable than an annual increase at
a rate of not less than ______% of the original daily benefit, either at a fixed or
compounding rate. - ANSWER-5
Cal-COBRA permits the insurer to charge employees up to ___% of the premium.
A
110
B
102
C
150
D
125 - ANSWER-C, 150. California residents have the additional protection of Cal-
COBRA, which provides coverage to employees not covered under COBRA, a
time extension for those whose COBRA eligibility has expired, but under either
case, Cal-COBRA permits the insurer to charge up to 150% of the premium.
Under the California Insurance Code, an Insurance Solicitor is employed to aid a
property and casualty broker-agent acting as an insurance agent or insurance
broker in transacting ____________ insurance.
pg. 1
,A
Life
B
Property and casualty
C
Disability
D
Health - ANSWER-B, Under the California Insurance Code, an Insurance
Solicitor is employed to aid a property and casualty broker-agent acting as an
insurance agent or insurance broker in transacting insurance other than life,
disability, or health.
H is employed by a company that provides group life insurance. The amount
provided is $150,000. How much, if any, of the coverage is going to be reported as
taxable income to H?H is employed by a company that provides group life
insurance. How much of the employer-paid premiums for H's $150,000 coverage,
if any, is going to be reported as taxable income to H?
A
The premium paid for $75,000
B
The premium paid for $100,000
C
Zero
pg. 2
,D
The premium paid for $50,000 - ANSWER-B, Employer paid premiums in
connection with group life insurance does not constitute taxable income to the
employee unless the death benefit paid for by the employer exceeds $50,000. All
employer paid premiums for amounts above $50,000 are reported as taxable
income to the employee.
If a trial life insurance application is submitted, when would the coverage take
effect?
A
When the policy is delivered by the agent and the premium is paid
B
When the policy is issued
C
When the policy is delivered
D
When the application is signed - ANSWER-A
All of the following exclusions are typical of those found in some individual or
group disability policies or medical expense policies, depending upon the insurer,
except:
A
Military service and overseas residence
pg. 3
, B
Commission or attempt of a felony
C
War or any act of war
D
Mental illness and substance abuse - ANSWER-D
Which clause in a contract would state that Jim is covered by XYZ insurer for a
monthly benefit of $2,000 in the event of disability
A
Free Look Provision
B
Entire Contract
C
Consideration Clause
D
Insuring Clause - ANSWER-Insuring clause
Insuring Clause - ANSWER-A general statement that identifies the basic
agreement between the insurance company and the insured, usually located on the
first page of the policy. Whom, how much, the period, and against what peril.
pg. 4
Exam with 150 Questions and Correct Answers/ CA Life,
Health & Accident Practice Test 2025-2026
Long-term care insurers in California must offer the insured the option of
purchasing inflation protection that is not less favorable than an annual increase at
a rate of not less than ______% of the original daily benefit, either at a fixed or
compounding rate. - ANSWER-5
Cal-COBRA permits the insurer to charge employees up to ___% of the premium.
A
110
B
102
C
150
D
125 - ANSWER-C, 150. California residents have the additional protection of Cal-
COBRA, which provides coverage to employees not covered under COBRA, a
time extension for those whose COBRA eligibility has expired, but under either
case, Cal-COBRA permits the insurer to charge up to 150% of the premium.
Under the California Insurance Code, an Insurance Solicitor is employed to aid a
property and casualty broker-agent acting as an insurance agent or insurance
broker in transacting ____________ insurance.
pg. 1
,A
Life
B
Property and casualty
C
Disability
D
Health - ANSWER-B, Under the California Insurance Code, an Insurance
Solicitor is employed to aid a property and casualty broker-agent acting as an
insurance agent or insurance broker in transacting insurance other than life,
disability, or health.
H is employed by a company that provides group life insurance. The amount
provided is $150,000. How much, if any, of the coverage is going to be reported as
taxable income to H?H is employed by a company that provides group life
insurance. How much of the employer-paid premiums for H's $150,000 coverage,
if any, is going to be reported as taxable income to H?
A
The premium paid for $75,000
B
The premium paid for $100,000
C
Zero
pg. 2
,D
The premium paid for $50,000 - ANSWER-B, Employer paid premiums in
connection with group life insurance does not constitute taxable income to the
employee unless the death benefit paid for by the employer exceeds $50,000. All
employer paid premiums for amounts above $50,000 are reported as taxable
income to the employee.
If a trial life insurance application is submitted, when would the coverage take
effect?
A
When the policy is delivered by the agent and the premium is paid
B
When the policy is issued
C
When the policy is delivered
D
When the application is signed - ANSWER-A
All of the following exclusions are typical of those found in some individual or
group disability policies or medical expense policies, depending upon the insurer,
except:
A
Military service and overseas residence
pg. 3
, B
Commission or attempt of a felony
C
War or any act of war
D
Mental illness and substance abuse - ANSWER-D
Which clause in a contract would state that Jim is covered by XYZ insurer for a
monthly benefit of $2,000 in the event of disability
A
Free Look Provision
B
Entire Contract
C
Consideration Clause
D
Insuring Clause - ANSWER-Insuring clause
Insuring Clause - ANSWER-A general statement that identifies the basic
agreement between the insurance company and the insured, usually located on the
first page of the policy. Whom, how much, the period, and against what peril.
pg. 4
