XCEL TESTING SOLUTIONS - CALIFORNIA PRE-
LICENSING EDUCATION - LIFE, ACCIDENT AND HEALTH INSURANCE
When an insurance company requests an attending physician's report, the request must
be accompanied by a - Answer- Copy of the signed authorization
Which of the following is NOT a required uniform provision in individual health policies? - Answer- Change of occupation
"Life insurance creates an immediate estate". This phrase means - Answer- When the insured dies, a death benefit is paid
A person who asserts a right of recovery under an insurance policy is called - Answer- Claimant
Before an insurer is allowed to test an individual for HIV, what must be completed? - Answer- Consent Form
Jim is the insured on a health insurance policy and holds 2 jobs. If "occupation" is used to classify the risk, the insurer will most likely classify Jim according to the occupation that - Answer- is most hazardous
Under a long-term care insurance policy, adult day care coverage will provide for - Answer- part time care at a facility for elderly individuals who live at home
Which of the following is NOT true regarding a family policy that covers children? - Answer- Conversion of child's coverage to permanent insurance requires evidence of insurability
How long is a person expected to be disabled in order to receive Social Security disability benefits? - Answer- 12 months
Which of the following describes the number of deaths in a year compared to the number of people in a select group? - Answer- Mortality rate
Which of the following is NOT required in the content of a policy? - Answer- Probability of loss
Jim is applying to become an insurance agent and has a past misdemeanor conviction that was later expunged due to California Penal Code 1203.4. Which of the following statements is correct? - Answer- Jim must still disclose the conviction on his insurance license application Which of the following is a life insurance policy that does NOT require a physical exam?
- Answer- Non-medical
The insurer has the option of terminating a health insurance policy on a date stated in the contract. What type of policy is this? - Answer- Optionally renewable
An individual that has 40 quarters of coverage, for Social Security purposes, is considered to be - Answer- Fully insured
In a life insurance policy, the entire contract consists of the - Answer- policy and attached application
Which of the following is NOT considered to be an act of insurance solicitation? - Answer- Publishing a magazine where one of the advertisers is an insurer
All of the following circumstances must be met for loss retention to be an effective risk management technique EXCEPT - Answer- Probability of loss is unknown
The importance of a representation is demonstrated in what rule? - Answer- Materiality of concealment
Which word implies permissiveness according to the California Insurance Code? - Answer- May
Medical expense policies will typically cover which of the following? - Answer- Injuries caused by accidents
Which of the following is NOT protected under the California Life and Health Guarantee Association? - Answer- Insurers
Individuals become eligible for Medicare Part A benefits at what age? - Answer- 65
An agent's attempt to stop the replacement of an existing life insurance policy is known as - Answer- conservation
Which of the following is NOT an accurate description of Access for Infants and Mothers
Program (AIM)? - Answer- Only women who have private insurance plans with a maternity-only deductible or copayment greater than $1,500 are eligible
All of these statements concerning Medicare are true EXCEPT - Answer- Long-term care is covered by Medicare Part C
Which of the following is NOT considered to be an unfair claims settlement practice? - Answer- Advising a claimant to hire an attorney
LICENSING EDUCATION - LIFE, ACCIDENT AND HEALTH INSURANCE
When an insurance company requests an attending physician's report, the request must
be accompanied by a - Answer- Copy of the signed authorization
Which of the following is NOT a required uniform provision in individual health policies? - Answer- Change of occupation
"Life insurance creates an immediate estate". This phrase means - Answer- When the insured dies, a death benefit is paid
A person who asserts a right of recovery under an insurance policy is called - Answer- Claimant
Before an insurer is allowed to test an individual for HIV, what must be completed? - Answer- Consent Form
Jim is the insured on a health insurance policy and holds 2 jobs. If "occupation" is used to classify the risk, the insurer will most likely classify Jim according to the occupation that - Answer- is most hazardous
Under a long-term care insurance policy, adult day care coverage will provide for - Answer- part time care at a facility for elderly individuals who live at home
Which of the following is NOT true regarding a family policy that covers children? - Answer- Conversion of child's coverage to permanent insurance requires evidence of insurability
How long is a person expected to be disabled in order to receive Social Security disability benefits? - Answer- 12 months
Which of the following describes the number of deaths in a year compared to the number of people in a select group? - Answer- Mortality rate
Which of the following is NOT required in the content of a policy? - Answer- Probability of loss
Jim is applying to become an insurance agent and has a past misdemeanor conviction that was later expunged due to California Penal Code 1203.4. Which of the following statements is correct? - Answer- Jim must still disclose the conviction on his insurance license application Which of the following is a life insurance policy that does NOT require a physical exam?
- Answer- Non-medical
The insurer has the option of terminating a health insurance policy on a date stated in the contract. What type of policy is this? - Answer- Optionally renewable
An individual that has 40 quarters of coverage, for Social Security purposes, is considered to be - Answer- Fully insured
In a life insurance policy, the entire contract consists of the - Answer- policy and attached application
Which of the following is NOT considered to be an act of insurance solicitation? - Answer- Publishing a magazine where one of the advertisers is an insurer
All of the following circumstances must be met for loss retention to be an effective risk management technique EXCEPT - Answer- Probability of loss is unknown
The importance of a representation is demonstrated in what rule? - Answer- Materiality of concealment
Which word implies permissiveness according to the California Insurance Code? - Answer- May
Medical expense policies will typically cover which of the following? - Answer- Injuries caused by accidents
Which of the following is NOT protected under the California Life and Health Guarantee Association? - Answer- Insurers
Individuals become eligible for Medicare Part A benefits at what age? - Answer- 65
An agent's attempt to stop the replacement of an existing life insurance policy is known as - Answer- conservation
Which of the following is NOT an accurate description of Access for Infants and Mothers
Program (AIM)? - Answer- Only women who have private insurance plans with a maternity-only deductible or copayment greater than $1,500 are eligible
All of these statements concerning Medicare are true EXCEPT - Answer- Long-term care is covered by Medicare Part C
Which of the following is NOT considered to be an unfair claims settlement practice? - Answer- Advising a claimant to hire an attorney
