California P&C Licensing Exam
Questions + Verified Answers 100%
correct, Update 2026
Under the commercial crime coverage part, loss resulting from
employee dishonesty is:
a. always excluded
b. always covered
c. excluded unless an employee dishonesty coverage form is
attached
d. always covered -
correct answer ✅c. excluded unless an employee dishonesty
coverage form is attached
What is true about COBRA?
a. the company can terminate health insurance at the time of
termination
b. once the employee is not part of the group he will need to
qualify as an individual
c. dependents of an employee must be given the same rights as the
employee
d. all of the above -
correct answer ✅c. dependents of an employee must be given the
same rights as the employee
,California P&C Licensing Exam
Questions + Verified Answers 100%
correct, Update 2026
An individual who owns a duplex has damage to his rental and has
loss of income. His insurance would cover this loss of rent under:
a. basic, broad, and special forms
b. broad and special forms only
c. there is no coverage
d. not covered as he isn't part of the homeowners association -
correct answer ✅a. basic, broad, and special forms
Who can sell Medicare supplement policies?
a. property and casualty agents
b. life analyst
c. any licensed agent
d. life agents only -
correct answer ✅d. life agents only
Which commercial crime coverage form provides risk coverage for
money and securities?
a. robbery and sage burglary coverage
b. premises theft and robbery outside the premise coverage
c. theft, disappearance and destruction coverage
,California P&C Licensing Exam
Questions + Verified Answers 100%
correct, Update 2026
d. premises burglary coverage -
correct answer ✅c. theft, disappearance and destruction coverage
Medicare supplement policies regulated by the code must:
a. market anything they want
b. sell only additional coverage's
c. whatever federal law allows
d. offer the core benefits -
correct answer ✅d. offer the core benefits
Which of the following may not be covered under a dwelling?
a. tenant improvements or additions
b. detached garage
c. the insured's stamp collection
d. rent money that could be lost under damage to a rental property
-
correct answer ✅c. the insured's stamp collection
8. Medicare Part B requires additional premiumsa. true
, California P&C Licensing Exam
Questions + Verified Answers 100%
correct, Update 2026
b. false -
correct answer ✅a. true
Which of the following perils are covered by a basic coverage form
of a dwelling?
a. fire and smoke
b. fire, smoke and rain
c. fire, lightning and internal explosion
d. all of the above -
correct answer ✅c. fire, lightning and internal explosion
Which of the following is correct in regards to a Business Owner
Policy for an office building?
a. cannot exceed gross sales of $3 million in a year
b. cannot exceed 6 stories an 60 dwelling units
c. cannot exceed 6 stories or 100,000 square feet
d. all of the above are correct -
correct answer ✅c. cannot exceed 6 stories or 100,000 square feet
Questions + Verified Answers 100%
correct, Update 2026
Under the commercial crime coverage part, loss resulting from
employee dishonesty is:
a. always excluded
b. always covered
c. excluded unless an employee dishonesty coverage form is
attached
d. always covered -
correct answer ✅c. excluded unless an employee dishonesty
coverage form is attached
What is true about COBRA?
a. the company can terminate health insurance at the time of
termination
b. once the employee is not part of the group he will need to
qualify as an individual
c. dependents of an employee must be given the same rights as the
employee
d. all of the above -
correct answer ✅c. dependents of an employee must be given the
same rights as the employee
,California P&C Licensing Exam
Questions + Verified Answers 100%
correct, Update 2026
An individual who owns a duplex has damage to his rental and has
loss of income. His insurance would cover this loss of rent under:
a. basic, broad, and special forms
b. broad and special forms only
c. there is no coverage
d. not covered as he isn't part of the homeowners association -
correct answer ✅a. basic, broad, and special forms
Who can sell Medicare supplement policies?
a. property and casualty agents
b. life analyst
c. any licensed agent
d. life agents only -
correct answer ✅d. life agents only
Which commercial crime coverage form provides risk coverage for
money and securities?
a. robbery and sage burglary coverage
b. premises theft and robbery outside the premise coverage
c. theft, disappearance and destruction coverage
,California P&C Licensing Exam
Questions + Verified Answers 100%
correct, Update 2026
d. premises burglary coverage -
correct answer ✅c. theft, disappearance and destruction coverage
Medicare supplement policies regulated by the code must:
a. market anything they want
b. sell only additional coverage's
c. whatever federal law allows
d. offer the core benefits -
correct answer ✅d. offer the core benefits
Which of the following may not be covered under a dwelling?
a. tenant improvements or additions
b. detached garage
c. the insured's stamp collection
d. rent money that could be lost under damage to a rental property
-
correct answer ✅c. the insured's stamp collection
8. Medicare Part B requires additional premiumsa. true
, California P&C Licensing Exam
Questions + Verified Answers 100%
correct, Update 2026
b. false -
correct answer ✅a. true
Which of the following perils are covered by a basic coverage form
of a dwelling?
a. fire and smoke
b. fire, smoke and rain
c. fire, lightning and internal explosion
d. all of the above -
correct answer ✅c. fire, lightning and internal explosion
Which of the following is correct in regards to a Business Owner
Policy for an office building?
a. cannot exceed gross sales of $3 million in a year
b. cannot exceed 6 stories an 60 dwelling units
c. cannot exceed 6 stories or 100,000 square feet
d. all of the above are correct -
correct answer ✅c. cannot exceed 6 stories or 100,000 square feet
