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Exam (elaborations)
California Laws and Ethics Pertinent to Insurance Questions with 100% Correct Answers | Verified
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---4January 20242023/2024A+
- The cost of services charged by the Health Insurance Counseling Advocacy Program (HiCap) is 
 $25 per appointment - ️️no cost 
 
Which of the following acts is NOT a Federal offense committed by an insurance agent? - ️️Misrepresentation on an insurance application 
 
The California Life and Health Insurance Guarantee Association covers all of these types of policies EXCEPT 
 Whole life - ️️Self-funded plans 
 
Which of the following is NOT a primary objective of insurance regulation?...
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$5.99 More Info
jacklineshee00
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Exam (elaborations)
California Laws and Ethics Pertinent to Insurance 50 Questions with 100% Correct Answers | Verified | Latest Update
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---6January 20242023/2024A+
- What does not have to be included on life insurance policy illustration? - ️️Statements that all values and benefits are guaranteed 
 
Life insurance surplus must be distributed to policy owners at what frequency? - ️️Annually 
 
The free-look period for life insurance policyowners age 60 or older is - ️️30 days in California 
 
What prevents a life insurance policy from being rescinding by the insurer after being in force for two years? - ️️Incontestability clause 
 
An agent's...
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$8.49 More Info
jacklineshee00
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Exam (elaborations)
California Laws and Ethics Pertinent to Insurance 59 Questions with 100% Correct Answers | Verified
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---16January 20242023/2024A+
- The California Insurance Code defines "policy" as a(n) 
 
accepted offer 
 
promissory arrangement 
 
written contract 
 
written quotation - ️️written contract 
 
 A "policy" as described by the California Insurance Code is a written contract in which one party promises to indemnify another against loss that arises from an unknown event. 
 
The California Insurance Code allows an individual how many days to cancel a life policy for a full-refund? - ️️Every policy of individual life ...
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$8.49 More Info
jacklineshee00
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Exam (elaborations)
California Laws and Ethics Pertinent to Insurance Questions And Correct Answers |100% Verified |Guaranteed Success
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--13January 20242023/2024A+Available in bundle
- The California Insurance Code defines "policy" as a(n) 
accepted offer 
promissory arrangement 
written contract 
written quotation - Answer-written contract 
A "policy" as described by the California Insurance Code is a written contract in which one party 
promises to indemnify another against loss that arises from an unknown event. 
The California Insurance Code allows an individual how many days to cancel a life policy for a fullrefund? - Answer-Every policy of individual life insurance s...
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$8.49 More Info
Brainarium
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Exam (elaborations)
California Laws and Ethics Pertinent to Insurance(15) Questions and Answers(A+ Solution guide)
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--3January 20242023/2024A+Available in bundle
- The cost of services charged by the Health Insurance Counseling Advocacy Program (HiCap) is 
$25 per appointment - Answer-no cost 
Which of the following acts is NOT a Federal offense committed by an insurance agent? - AnswerMisrepresentation on an insurance application 
The California Life and Health Insurance Guarantee Association covers all of these types of policies 
EXCEPT 
Whole life - Answer-Self-funded plans 
Which of the following is NOT a primary objective of insurance regulation? - An...
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$8.49 More Info
Brainarium
-
Exam (elaborations)
California Laws and Ethics Pertinent to Insurance Questions and Answers with complete solution
-
--5January 20242023/2024A+Available in bundle
- What does not have to be included on life insurance policy illustration? - Answer-Statements that all 
values and benefits are guaranteed 
Life insurance surplus must be distributed to policy owners at what frequency? - Answer-Annually 
The free-look period for life insurance policyowners age 60 or older is - Answer-30 days in California 
What prevents a life insurance policy from being rescinding by the insurer after being in force for two 
years? - Answer-Incontestability clause 
An agent's a...
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$8.49 More Info
Brainarium
-
Exam (elaborations)
12 - California Laws and Ethics Pertinent to Insurance Questions and Answers 100% Correct
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---6January 20242023/2024A+
- Anyone employed in California to assist an insurance agent in transacting insurance is called an 
insurance solicitor 
a life agent who has misappropriated fiduciary funds to his own use. What is Pete guilty of? 
Theft 
According to the California Insurance Code, what is "insurance"? A contract 
A person who asserts a right of recovery under an insurance policy is called claimant 
According to the California Insurance Code, what term is used to describe a fact so important it 
could affect the...
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$8.49 More Info
calebomolo01
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Exam (elaborations)
California Laws and Ethics Pertinent to Insurance Questions and Answers(A+ Solution guide)
-
--14November 20232023/2024A+Available in bundle
- The California Insurance Code defines "policy" as a(n) 
accepted offer 
promissory arrangement 
written contract 
written quotation - written contract 
A "policy" as described by the California Insurance Code is a written contract in which one party 
promises to indemnify another against loss that arises from an unknown event. 
The California Insurance Code allows an individual how many days to cancel a life policy for a fullrefund? - Every policy of individual life insurance shall have a no...
-
$8.49 More Info
Brainarium