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California Department of Insurance CA-Life-Accident-and-Health Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Health Insurance | 25% | - Disability income insurance - Medical expense and major medical plans - Health policy provisions and exclusions - Medicare and Medicare supplements - Long-term care insurance |
| Annuities and Retirement Plans | 10% | - Tax treatment and suitability - Fixed and variable annuities - Immediate and deferred annuities |
| California Insurance Code & Ethics | 20% | - Ethical standards and anti-fraud provisions - Unfair trade practices - Policy delivery and replacement rules - State regulations and licensing rules |
| General Insurance Concepts | 10% | - Insurance marketplace and regulation overview - Insurance contract law and elements - Basic insurance principles and terminology |
| Life Insurance | 35% | - Types of life insurance policies - Group life insurance - Policy provisions, riders, and options - Beneficiary designations and settlement options |
California Department of Insurance CA Life, Accident and Health or Sickness Examination Sample Questions:
1. The guaranteed insurability option provides the ability to
A) purchase additional insurance regardless of insurability.
B) waive premium payments in the event of disability.
C) access a portion of the death benefit in the event of serious illness.
D) double the amount of the death benefit in the event of accidental death.
2. Every individual annuity policy that is sold to a senior in the State of California MUST include which of the following free look information?
A) The insured forfeits any premiums paid if cancelled.
B) The policy has a 30-day return for cancellation feature.
C) The premiums will not be invested during the return period.
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D) The insurer has the right to cancel if less than 30 days.
3. All of the following statements are true regarding Health Insurance Counseling Advocacy Program (HICAP) counselors EXCEPT HICAP counselors
A) are volunteers.
B) must complete an intensive training program.
C) are qualified to give legal advice.
D) provide information about the Medicare program.
4. Which nonforferture option uses cash surrender values to select paid-up term insurance for the full face amount of the policy?
A) Extended paid-up insurance.
B) Reduced paid-up insurance.
C) Extended term insurance.
D) Reduced term insurance.
5. The spendthrift clause in a life insurance policy
A) assumes that the insured survived the beneficiary if both die in a common accident.
B) prevents a beneficiary from assigning interest in policy proceeds.
C) allows the payment of part of the death benefit for terminally ill insureds.
D) requires the insurer to waive all premiums due when an insured is totally disabled.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: C | Question # 4 Answer: C | Question # 5 Answer: B |

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