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Exam Code: CA-Life-Accident-and-Health
Exam Name: CA Life, Accident and Health or Sickness Examination
Updated: Aug 13, 2026
Q & A: 157 Questions and Answers
CA-Life-Accident-and-Health Free Demo download
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| Section | Objectives |
|---|---|
| Topic 1: Accident and Health Insurance | - Disability income insurance - Long-term care insurance basics - Medical expense coverage |
| Topic 2: State Insurance Regulations (California) | - Licensing requirements and producer conduct - Unfair trade practices and ethics - California Insurance Code and regulations |
| Topic 3: Annuities and Retirement Concepts | - Fixed and variable annuities - Retirement income options |
| Topic 4: Life Insurance Concepts | - Policy provisions and riders - Types of life insurance policies (term, whole life, universal life) - Beneficiaries and settlement options |
| Topic 5: Insurance Basics and Principles | - Risk management concepts - Insurance terminology and principles |
1. All of the following are characteristics of adverse selection EXCEPT
A) people with the greatest probability of loss are the ones most likely to buy insurance.
B) poor underwriting results may occur if too many of the applicants accepted for insurance are those most likely to incur serious losses.
C) it normally occurs if the premium is low relative to the loss exposure.
D) insurance companies cannot discriminate against applicants who have a higher probability of loss.
2. Under the hospice care of a long-term care policy, all of the following benefits are available EXCEPT
A) pain relief.
B) symptom control.
C) family counseling.
D) rehabilitation therapy.
3. What is the difference between deferred annuities and immediate annuities?
A) Deferred annuities have longer liquidation periods.
B) Deferred annuities have longer accumulation periods.
C) Deferred annuities have no surrender charges.
D) Deferred annuities cover more lives.
4. Which contract provision forgives the payment of all health or disability insurance premiums whilethe insured is disabled?
A) cost of living
B) family leave
C) waiver of premium
D) guaranteed insurability
5. A contract of indemnity is one in which
A) both parties are expected to act in complete honesty.
B) one party is restored to the same financial position the party was in before the loss occurred.
C) one party must adhere to the agreements written by the other party.
D) one party is obligated to assume the legal liability of another party.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: B |
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