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California Department of Insurance CA-Life-Accident-and-Health Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Life Insurance | 35% | - Policy provisions, riders, and options - Beneficiary designations and settlement options - Types of life insurance policies - Group life insurance |
| Topic 2: General Insurance Concepts | 10% | - Insurance marketplace and regulation overview - Insurance contract law and elements - Basic insurance principles and terminology |
| Topic 3: California Insurance Code & Ethics | 20% | - Ethical standards and anti-fraud provisions - Policy delivery and replacement rules - State regulations and licensing rules - Unfair trade practices |
| Topic 4: Health Insurance | 25% | - Disability income insurance - Health policy provisions and exclusions - Medical expense and major medical plans - Long-term care insurance - Medicare and Medicare supplements |
| Topic 5: Annuities and Retirement Plans | 10% | - Fixed and variable annuities - Tax treatment and suitability - Immediate and deferred annuities |
California Department of Insurance CA Life, Accident and Health or Sickness Examination Sample Questions:
1. A terminating employee who wants to exercise the conversion privilege must meet all of the following requirements EXCEPT
A) supply evidence of insurability.
B) fill out the required forms.
C) apply within 31 days of termination.
D) pay the premium.
2. All of the following are requirements of a contract EXCEPT
A) the contract must have a legal purpose.
B) there must be equal consideration between the parties.
C) there must be an offer and acceptance of the contract terms.
D) the parties to the contract must be legally competent.
3. Under PPACA, what is a health benefits exchange?
A) PPACA creates new entities called American Health Benefits Exchanges through which individuals, small businesses, and those who do not have access to affordable employer coverage, can purchase coverage.
B) A health benefits exchange is created by health insurers to allow individuals to access benefits in other insurers' plans.
C) A health benefits exchange is created by employers to relieve them of having to provide health benefits to employees.
D) PPACA creates new entities called American Health Benefits Exchanges through which low-income individuals can access public health care programs.
4. What is the definition of premium?
A) Money an insured pays an insurer to obtain benefits provided in the policy.
B) Bonus paid by an agent to convince an insured to buy a policy.
C) Amount the insured pays per unit of coverage (e.g., $10 per $1,000 of coverage).
D) Money an insurer pays to an insured to obtain the benefits provided in the policy.
5. A life insurance application is important for all of the following reasons EXCEPT
A) statements made in the application are required to be true to the best of the applicant's knowledge.
B) the application becomes a part of the policy, if a copy is attached.
C) the beneficiary must sign the application before the insurer will issue the policy.
D) the application contains essential information about the applicant.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: C |


