California Department of Insurance CA-Life-Accident-and-Health Q&A - in .pdf

  • CA-Life-Accident-and-Health pdf
  • Exam Code: CA-Life-Accident-and-Health
  • Exam Name: CA Life, Accident and Health or Sickness Examination
  • Updated: Nov 02, 2026
  • Q & A: 157 Questions and Answers
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  • Q & A: 157 Questions and Answers
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  • Exam Code: CA-Life-Accident-and-Health
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California Department of Insurance CA-Life-Accident-and-Health Exam Syllabus Topics:

SectionObjectives
State Insurance Regulations (California)- California Insurance Code and regulations
- Licensing requirements and producer conduct
- Unfair trade practices and ethics
Insurance Basics and Principles- Insurance terminology and principles
- Risk management concepts
Accident and Health Insurance- Medical expense coverage
- Disability income insurance
- Long-term care insurance basics
Life Insurance Concepts- Policy provisions and riders
- Beneficiaries and settlement options
- Types of life insurance policies (term, whole life, universal life)
Annuities and Retirement Concepts- Retirement income options
- Fixed and variable annuities

California Department of Insurance CA Life, Accident and Health or Sickness Examination Sample Questions:

Question #1

How does the cost recovery rule apply when a life insurance policy is surrendered for its cashvalue?

  • A. The entire surrender value is taxable.
  • B. The insured receives only the cost basis.
  • C. The cost basis of the policy is exempt from taxation.
  • D. The insurer retains the cost basis.
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Correct Answer: C  🗳️

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Question #2

As defined in the California Insurance Code, "insurance" is a

  • A. gamble.
  • B. risk.
  • C. contract.
  • D. peril.
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Correct Answer: C  🗳️

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Question #3

Vision insurance usually limits coverage in all of the following ways EXCEPT

  • A. one examination per year.
  • B. one set of lenses per year.
  • C. a specific dollar amount for frames.
  • D. a specific dollar amount for examinations.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

How many days does the California Insurance Code give an individual to return a life policy for cancellation?

  • A. Between 10 and 30 days.
  • B. Between 60 and 90 days.
  • C. Less than 10 days.
  • D. Not less than 30 nor more than 60 days.
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Correct Answer: A  🗳️

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Question #5

Which of the following is NOT an example of cost sharing in a health insurance policy?

  • A. Coinsurance
  • B. Copayment
  • C. Coordination
  • D. Deductible
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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