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CA Life Insurance Exam Questions & Answers | Latest Already Graded A+ |Questions with Correct Answers 2026 latest update!!

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CA Life Insurance Exam Questions & Answers | Latest Already Graded A+ |Questions with Correct Answers 2026 latest update!!

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5/12/26, 8:39 AM CA Life Insurance Exam Questions & Answers | Latest Already Graded A+ |Questions with Correct Answers 2026 latest update!! Fla…




CA Life Insurance Exam Questions & Answers |
Latest Already Graded A+ |Questions with Correct
Answers 2026 latest update!!

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Terms in this set (164)



What is meant by referring to an Only one party makes a legally enforceable
insurance policy as a unilateral promise.
contract?


When must insurance records of At all times.
insurance agents and brokers be
made available to the Insurance
Commissioner?


Any situation that presents the a loss exposure
possibility of a loss is known as


Which of the following information is Personal judgment.
not required to be communicated in
a Life insurance contract?


The direct distribution of insurance telephone call from an agent.
utilizes all of the following to
promote the sale of insurance
EXCEPT


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, 5/12/26, 8:39 AM CA Life Insurance Exam Questions & Answers | Latest Already Graded A+ |Questions with Correct Answers 2026 latest update!! Fla…



A contract in which one party an insurance policy.
promises to indemnify another
against loss that arises from an
unknown event is


All of the occurrences listed below an insured suffers a financial loss in the state lottery
are examples of an insurable event
as defined by the California
Insurance Code EXCEPT


All of the following statements about the insured and insurer contribute equally to the
aleatory contracts are true EXCEPT contract.


All of the following would be committing any act of discrimination whether it be
considered unfair trade practices deemed fair or unfair.
EXCEPT


As authorized by the California Mary Brown Insurance Services.
Insurance Code, the Insurance
Commissioner has provided
standards for names used by life
insurance agents. Under these
standards which, if any, of the
following are automatically
acceptable for Mary Brown, a holder
of the CLU designation?


A contract of indemnity is one in one party is restored to the same financial position
which the party was in before the loss occurred.


In insurance terminology, "indemnity" make whole.
means




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