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CALIFORNIA LIFE, ACCIDENT AND HEALTH CRAM COURSE FINAL
EXAM 2025/2026 BANK ACTUAL QUESTIONS WITH DETAILED
ANSWERS WITH STUDY GUIDE EXPERT VERIFIED FOR
GUARANTEED PASS/ALREADY GRADED A+
Which of the following statements can always be made by an agent
during a tax qualified Long Term Care insurance policy presentation: -
ANSWERS-The plan may receive federal and state tax advantages
As used in the California Insurance Code the use of the word "may" is: -
ANSWERS-Permissive
When an insurer wants to have the applicant complete an HIV test,
they must do all of the following except: - ANSWERS-Go over a privacy
notice
If a whole life policy is being kept in-force by the Waiver of Premium
rider: - ANSWERS-The cash value will continue to increase as if the
insured paid the premium
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The enactment of the Pregnancy Discrimination Act had which of the
following effects on group health insurance: - ANSWERS-Pregnancy of
an employee must be treated in the same manner as any other health
condition
Engaging in which of the following avocations will not cause a life
insurer to reject or rate-up an applicant: - ANSWERS-Roller blading
The provision that applies in group insurance when an insured has
coverage under multiple plans at one time is known as: - ANSWERS-
Coordination of benefits
In Group Health insurance, the period of time that starts when a new
employee is hired and ends on the date they become eligible for the
employer's Group Health plan is the: - ANSWERS-Probationary period
Variable annuity premiums may be invested in all of the following
EXCEPT: - ANSWERS-Agent's interest bearing trust account
Before obtaining an HIV test the insurer must do which of the following:
- ANSWERS-Have the applicant sign a consent form
HMOs are required to cover all of the following except: - ANSWERS-
Prescription drugs
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At what point in time may a representation be altered or withdrawn: -
ANSWERS-Prior to the insurance going into effect only
If a corporation uses life insurance to buy shares under a buy-sell
agreement, which of the following is true regarding taxation: -
ANSWERS-It is treated as a loss or gain if they are common stock
All of the following must be disclosed in Internet advertising EXCEPT an
agent's: - ANSWERS-Phone number
When the pricing principle is defined in a disability policy by the
financial loss on a certain group of people occurring over a certain
period of time it is known as: - ANSWERS-Frequency
Dread (Specified) Disease policies covers which of the following: -
ANSWERS-Treatment for one specific disease
Which of the following criteria must be used to classify an injury as
accidental under a disability income policy? - ANSWERS-The cause of
the injury may be intentional, but the result of the injury must be
accidental
Which of the following terms used in the California Insurance Code is
mandatory: - ANSWERS-Shall
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An insurance company entitled to transact business by complying with
the California insurance Code (CIC) is known as: - ANSWERS-An
admitted carrier
What type of policy has both a Capital and Principal sum: - ANSWERS-
Accidental Death and Dismemberment (AD&D) insurance
What rider allows the insured to purchase additional amounts of
insurance at specific intervals without having to prove insurability -
ANSWERS-Guaranteed insurability
If the owner of an annuity has to multiply the value of an accumulation
unit held in the separate account by the number of accumulation units
owned, the customer has a: - ANSWERS-Variable annuity
In a disability income policy, the commonly used 30 day, 60 day, 90 day
and 180 day terminology refers to the: - ANSWERS-Number of days
which no benefits will be paid
In a Medicare claim, what is the first step in the process: - ANSWERS-
The individual's provider files the claim with a local Medicare carrier
When the parties to a contract depend upon the statements made by
one another, the contract is based upon the Doctrine of: - ANSWERS-
Utmost Good Faith
CALIFORNIA LIFE, ACCIDENT AND HEALTH CRAM COURSE FINAL
EXAM 2025/2026 BANK ACTUAL QUESTIONS WITH DETAILED
ANSWERS WITH STUDY GUIDE EXPERT VERIFIED FOR
GUARANTEED PASS/ALREADY GRADED A+
Which of the following statements can always be made by an agent
during a tax qualified Long Term Care insurance policy presentation: -
ANSWERS-The plan may receive federal and state tax advantages
As used in the California Insurance Code the use of the word "may" is: -
ANSWERS-Permissive
When an insurer wants to have the applicant complete an HIV test,
they must do all of the following except: - ANSWERS-Go over a privacy
notice
If a whole life policy is being kept in-force by the Waiver of Premium
rider: - ANSWERS-The cash value will continue to increase as if the
insured paid the premium
,2|Page
The enactment of the Pregnancy Discrimination Act had which of the
following effects on group health insurance: - ANSWERS-Pregnancy of
an employee must be treated in the same manner as any other health
condition
Engaging in which of the following avocations will not cause a life
insurer to reject or rate-up an applicant: - ANSWERS-Roller blading
The provision that applies in group insurance when an insured has
coverage under multiple plans at one time is known as: - ANSWERS-
Coordination of benefits
In Group Health insurance, the period of time that starts when a new
employee is hired and ends on the date they become eligible for the
employer's Group Health plan is the: - ANSWERS-Probationary period
Variable annuity premiums may be invested in all of the following
EXCEPT: - ANSWERS-Agent's interest bearing trust account
Before obtaining an HIV test the insurer must do which of the following:
- ANSWERS-Have the applicant sign a consent form
HMOs are required to cover all of the following except: - ANSWERS-
Prescription drugs
,3|Page
At what point in time may a representation be altered or withdrawn: -
ANSWERS-Prior to the insurance going into effect only
If a corporation uses life insurance to buy shares under a buy-sell
agreement, which of the following is true regarding taxation: -
ANSWERS-It is treated as a loss or gain if they are common stock
All of the following must be disclosed in Internet advertising EXCEPT an
agent's: - ANSWERS-Phone number
When the pricing principle is defined in a disability policy by the
financial loss on a certain group of people occurring over a certain
period of time it is known as: - ANSWERS-Frequency
Dread (Specified) Disease policies covers which of the following: -
ANSWERS-Treatment for one specific disease
Which of the following criteria must be used to classify an injury as
accidental under a disability income policy? - ANSWERS-The cause of
the injury may be intentional, but the result of the injury must be
accidental
Which of the following terms used in the California Insurance Code is
mandatory: - ANSWERS-Shall
, 4|Page
An insurance company entitled to transact business by complying with
the California insurance Code (CIC) is known as: - ANSWERS-An
admitted carrier
What type of policy has both a Capital and Principal sum: - ANSWERS-
Accidental Death and Dismemberment (AD&D) insurance
What rider allows the insured to purchase additional amounts of
insurance at specific intervals without having to prove insurability -
ANSWERS-Guaranteed insurability
If the owner of an annuity has to multiply the value of an accumulation
unit held in the separate account by the number of accumulation units
owned, the customer has a: - ANSWERS-Variable annuity
In a disability income policy, the commonly used 30 day, 60 day, 90 day
and 180 day terminology refers to the: - ANSWERS-Number of days
which no benefits will be paid
In a Medicare claim, what is the first step in the process: - ANSWERS-
The individual's provider files the claim with a local Medicare carrier
When the parties to a contract depend upon the statements made by
one another, the contract is based upon the Doctrine of: - ANSWERS-
Utmost Good Faith
