California Department of Insurance CA-Life-Accident-and-Health Actual Free Exam Questions & Community Discussion

Exam Code/Number: CA-Life-Accident-and-Health
Exam Name/Title: CA Life, Accident and Health or Sickness Examination
Certification Provider: California Department of Insurance
Corresponding Certification: California Department of Insurance Certification

Exam Questions: 157
Updated On: Jul 12, 2026

Question #1

Which policy allows the insured to choose where the assets backing the cash value are invested?

A. Universal life.

B. Variable life.

C. Term life.

D. Endowment life.

Discussion 0

Correct Answer: B Vote an answer

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Question #2

Which of the following is a common business use for life insurance?

A. Creating an immediate estate.

B. Helping to fund a person's retirement.

C. Key person policy.

D. Creating emergency funds to avoid the need to liquidate assets.

Discussion 0

Correct Answer: C Vote an answer

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Question #3

A life insurance policy written after 1988 that fails to meet the seven-pay test is known as

A. a modified endowment contract.

B. a single premium contract.

C. an endowment policy.

D. a modified life policy.

Discussion 0

Correct Answer: A Vote an answer

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Question #4

What is the difference between deferred annuities and immediate annuities?

A. Deferred annuities cover more lives.

B. Deferred annuities have longer liquidation periods.

C. Deferred annuities have no surrender charges.

D. Deferred annuities have longer accumulation periods.

Discussion 0

Correct Answer: D Vote an answer

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Question #5

What does the statement "Life insurance creates an immediate estate" mean?

A. The total cash value is available immediately.

B. Premiums are due and payable immediately.

C. The total death benefit is paid whenever the insured dies.

D. Policy proceeds are automatically paid to the insured's estate.

Discussion 0

Correct Answer: C Vote an answer

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Question #6

When medical expense policies do not state specific dollar benefit amounts, but instead base payments upon the charges for like services in the same geographical area, benefits are designated as

A. usual, customary, and reasonable charges.

B. stated charges.

C. a percentage of stated charges.

D. designated charges.

Discussion 0

Correct Answer: A Vote an answer

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Question #7

All of the following statements about Health Maintenance Organizations (HMOs) are true EXCEPT

A. Out-of-pocket expenses are limited as long as the network is utilized.

B. Members pay higher monthly fees when out-of-network providers are utilized.

C. Members receive care from providers in the HMO network.

D. Members pay fixed monthly fees to the HMO.

Discussion 0

Correct Answer: B Vote an answer

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Question #8

Unintentional concealment entitles the injured party to which course of action, if any?

A. $250 fine to be paid to the injured party.

B. None, due to the fact that the concealment was unintentional.

C. Possible imprisonment to the party who concealed the information.

D. Rescission of the contract.

Discussion 0

Correct Answer: D Vote an answer

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Question #9

For Social Security purposes, a person with 40 quarters of coverage is considered

A. partially insured.

B. conditionally insured.

C. fully insured.

D. currently insured.

Discussion 0

Correct Answer: C Vote an answer

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