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Exam (elaborations)
CA LIFE INSURANCE EXAM 2025 WITH 100% CORRECT ANSWERS
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---60February 20252024/2025A+
- What is meant by referring to an insurance policy as a unilateral contract? - Correct answer-Only one party makes a legally enforceable promise. 
 
When must insurance records of insurance agents and brokers be made available to the Insurance Commissioner? - Correct answer-At all times. 
 
Any situation that presents the possibility of a loss is known as - Correct answer-a loss exposure 
 
Which of the following information is not required to be communicated in a Life insurance contract? - Corre...
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