General Insurance Practice Questions — Page 10 of 10
490 free general insurance questions for the California Life & Health insurance license exam. Pick any question — answer it and get the full 3-part explanation, no signup required.
- 361.Which phrase best captures the core promise an insurer makes under an insurance contract?Difficulty 1/5
- 362.A freelance consultant buys a disability income policy to protect against losing income if injured. In risk…Difficulty 2/5
- 363.In insurance terminology, 'risk' is most accurately defined as:Difficulty 1/5
- 364.Which statement correctly describes the role of uncertainty in making a risk insurable?Difficulty 2/5
- 365.An actuary tells a new agent, 'For a large group, the risk is predictable even though each individual's out…Difficulty 3/5
- 366.Which type of risk is generally considered to be insurable?Difficulty 1/5
- 367.A client asks why a bet placed on a sporting event cannot be insured the way medical expenses can. The best…Difficulty 2/5
- 368.A 'peril,' as used in insurance, is best defined as:Difficulty 1/5
- 369.A clinic's icy walkway increases the chance that a patient will slip and fall. In this scenario, the slip-a…Difficulty 2/5
- 370.A condition or circumstance that increases the likelihood or severity of a loss is called a:Difficulty 1/5
- 371.During health underwriting, an applicant's sedentary lifestyle and poor diet are best classified as:Difficulty 2/5
- 372.An insured with comprehensive dental coverage skips regular checkups and ignores early warning signs becaus…Difficulty 2/5
- 373.The law of large numbers makes insurance possible primarily because:Difficulty 1/5
- 374.An insurer will not write a group health plan for a three-person employer, but will consider the group once…Difficulty 2/5
- 375.For the law of large numbers to improve the accuracy of loss prediction, the exposures within the pool shou…Difficulty 2/5
- 376.The term 'loss exposure' refers to:Difficulty 1/5
- 377.Which statement correctly distinguishes a loss exposure from an actual loss?Difficulty 2/5
- 378.Buying an insurance policy to shift the financial burden of a possible loss to the insurer is an example of…Difficulty 1/5
- 379.A self-employed physical therapist decides not to buy disability income coverage and instead plans to rely …Difficulty 2/5
- 380.A manufacturer removes a dangerous machine from its factory floor rather than keeping it and installing gua…Difficulty 2/5
- 381.When an underwriter evaluates whether a situation truly presents a possible loss, the first question is usu…Difficulty 2/5
- 382.Two risks have the same expected loss. Risk X produces many small claims; Risk Y produces rare but very lar…Difficulty 3/5
- 383.A person already diagnosed with a terminal condition applies for a new health policy expecting to collect o…Difficulty 2/5
- 384.Which characteristic would make a risk difficult to insure because it threatens many insureds at the same t…Difficulty 2/5
- 385.In accident and health insurance, an insurable interest exists when the applicant:Difficulty 2/5
- 386.The principle of indemnity holds that the insured should be:Difficulty 1/5
- 387.Insurance contracts are based on utmost good faith, which requires the applicant to:Difficulty 2/5
- 388.The primary purpose of underwriting in health insurance is to:Difficulty 1/5
- 389.Which sequence best describes the underwriting process for an individual health insurance application?Difficulty 2/5
- 390.An agent helps an applicant complete a health insurance application, observes the applicant's appearance an…Difficulty 3/5
- 391.Which statement correctly distinguishes contract law from tort law?Difficulty 1/5
- 392.An insured sues an insurer for refusing to pay a covered claim that the policy clearly promised to pay. The…Difficulty 2/5
- 393.In an insurance contract, the insured's consideration consists of:Difficulty 2/5
- 394.In the formation of an individual health insurance contract, the usual offer and acceptance pattern is:Difficulty 2/5
- 395.For a health insurance contract to be valid, the parties must have legal capacity and the contract must hav…Difficulty 2/5
- 396.An insurance policy is described as a contract of adhesion because:Difficulty 1/5
- 397.An insurance contract is said to be unilateral because:Difficulty 2/5
- 398.A health insurance policy is conditional because the insurer's duty to pay benefits arises only if:Difficulty 2/5
- 399.A claims examiner reviews three situations: an expired fire extinguisher at a clinic (1), a patient who exa…Difficulty 2/5
- 400.If adverse selection becomes severe in an insurance pool, the most direct consequence is that:Difficulty 2/5