11/7/25, 6:42 PM Final Exam: California Life, Accident, and Health Insurance
Final Exam: California Life, Accident, and Health
Insurance Test Bank Exam 2025 -2026 updated
questions and accurate, detailed answers \verified
100% \Graded A+
Life insurance creates an d. when the insured dies, and death benefit is paid
immediate estate. This
phrase means"
a. premiums are payable by
the insured's estate
b. cash value has accumulated
in the policy
c. the insured's estate
receives the death benefit
d. when the insured dies, and
death benefit is paid
According to the California d. insurer
Insurance Code, who is
responsible for submitting a
life agent's appointment?
a. lifeagent
b. commissioner
c. state
d. insurer
Rating an individual's need b. activities of daily living
for long-term care benefits
can be measured by
a. gatekeeper authority
b. activities of daily living
/ 1/58
,11/7/25, 6:42 PM Final Exam: California Life, Accident, and Health Insurance
c. deductibles
d. custodial need
When selling a long term a. attending physician's statement
care insurance
rider to an applicant, a life
agent must take into
consideration all of these
factors,
EXCEPT
a. attending physician's
statement
b. needs of the client
c. goals of the client
d. ability to pay
Which of the following is c. offers a maximum interest rate that increases annually
NOT a feature of equity-
indexed annuities?
a. offers protection during a
decline in the stock market
b. offers a minimum
guaranteed rate
c. offers a maximum
interest rate that
increases annually
d. offers long term inflation
protection
/ 2/58
,11/7/25, 6:42 PM Final Exam: California Life, Accident, and Health Insurance
All of these are common b. fund a buy-sell agreement
personal uses of life
insurance EXCEPT
a. replace an insured's income
b. fund a buy-sell agreement
c. fund a child's education
d. pay final expenses
Which of these is NOT a b. intelligence
relevant factor in the health
insurance principle of
morbidity?
a. occupation
b. intelligence
c. age
d. health
According to the PPACA, an d. age 26
adult can be covered by a
parent's health care plan until
what age?
a. age 18
b. age 21
c. age 25
d. age 26
/ 3/58
, 11/7/25, 6:42 PM Final Exam: California Life, Accident, and Health Insurance
What does the term a. after the deductible is satisfied, the percentage paid by
coinsurance refer to? the insured for the remaining covered expenses
a. after the deductible is
satisfied, the percentage
paid by the insured for
the remaining covered
expenses
b. the stated initial dollar
amount that the
individual insured is required
to pay before insurance
benefits are paid
c. the amount the Federal
government pays after the
deductible is met
d. a situation where two
insurance policies cover
the same claim
When a claimant has d. coordination of benefits
coverage under more than
one health plan, which
group medical plan
provision applies?
a. notice of claim
b. legal actions
c. time of payment of claims
d. coordination of benefits
John owns an insurance d. participating
policy that gives him the
right to share in the
insurer's
surplus, What kind of policy is
this?
a. surplus
b. nonparticipating
c. contributory
d. participating
/ 4/58
Final Exam: California Life, Accident, and Health
Insurance Test Bank Exam 2025 -2026 updated
questions and accurate, detailed answers \verified
100% \Graded A+
Life insurance creates an d. when the insured dies, and death benefit is paid
immediate estate. This
phrase means"
a. premiums are payable by
the insured's estate
b. cash value has accumulated
in the policy
c. the insured's estate
receives the death benefit
d. when the insured dies, and
death benefit is paid
According to the California d. insurer
Insurance Code, who is
responsible for submitting a
life agent's appointment?
a. lifeagent
b. commissioner
c. state
d. insurer
Rating an individual's need b. activities of daily living
for long-term care benefits
can be measured by
a. gatekeeper authority
b. activities of daily living
/ 1/58
,11/7/25, 6:42 PM Final Exam: California Life, Accident, and Health Insurance
c. deductibles
d. custodial need
When selling a long term a. attending physician's statement
care insurance
rider to an applicant, a life
agent must take into
consideration all of these
factors,
EXCEPT
a. attending physician's
statement
b. needs of the client
c. goals of the client
d. ability to pay
Which of the following is c. offers a maximum interest rate that increases annually
NOT a feature of equity-
indexed annuities?
a. offers protection during a
decline in the stock market
b. offers a minimum
guaranteed rate
c. offers a maximum
interest rate that
increases annually
d. offers long term inflation
protection
/ 2/58
,11/7/25, 6:42 PM Final Exam: California Life, Accident, and Health Insurance
All of these are common b. fund a buy-sell agreement
personal uses of life
insurance EXCEPT
a. replace an insured's income
b. fund a buy-sell agreement
c. fund a child's education
d. pay final expenses
Which of these is NOT a b. intelligence
relevant factor in the health
insurance principle of
morbidity?
a. occupation
b. intelligence
c. age
d. health
According to the PPACA, an d. age 26
adult can be covered by a
parent's health care plan until
what age?
a. age 18
b. age 21
c. age 25
d. age 26
/ 3/58
, 11/7/25, 6:42 PM Final Exam: California Life, Accident, and Health Insurance
What does the term a. after the deductible is satisfied, the percentage paid by
coinsurance refer to? the insured for the remaining covered expenses
a. after the deductible is
satisfied, the percentage
paid by the insured for
the remaining covered
expenses
b. the stated initial dollar
amount that the
individual insured is required
to pay before insurance
benefits are paid
c. the amount the Federal
government pays after the
deductible is met
d. a situation where two
insurance policies cover
the same claim
When a claimant has d. coordination of benefits
coverage under more than
one health plan, which
group medical plan
provision applies?
a. notice of claim
b. legal actions
c. time of payment of claims
d. coordination of benefits
John owns an insurance d. participating
policy that gives him the
right to share in the
insurer's
surplus, What kind of policy is
this?
a. surplus
b. nonparticipating
c. contributory
d. participating
/ 4/58
