General Insurance Practice Questions — Page 7 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.
- 301.Under 18 U.S.C. Section 1033, a person convicted of a felony involving dishonesty or breach of trust:Difficulty 3/5
- 302.Under 18 U.S.C. Section 1033, a person convicted of a felony involving dishonesty or breach of trust may no…Difficulty 3/5
- 303.With respect to records of insurance transactions, a licensed agent is generally required to:Difficulty 2/5
- 304.A health policy includes a preexisting condition exclusion and a waiting period before coverage of those co…Difficulty 3/5
- 305.Adverse selection in health insurance occurs primarily because:Difficulty 2/5
- 306.In the underwriting process, the producer or agent assists the applicant with the application and gathers i…Difficulty 2/5
- 307.In the underwriting process, the agent acts as a field underwriter primarily by:Difficulty 2/5
- 308.A producer completes the application with the applicant, observes the applicant's appearance, and verifies …Difficulty 2/5
- 309.Adverse selection is generally a greater concern in individually underwritten policies than in group plans …Difficulty 2/5
- 310.Under guaranteed-issue health coverage, applicants cannot be turned down for health reasons. The principal …Difficulty 2/5
- 311.A firm that performs administrative services for an insurer — such as processing claims, billing, and enrol…Difficulty 2/5
- 312.An individual health insurer requires a detailed medical history questionnaire before issuing a policy. Thi…Difficulty 2/5
- 313.Group health insurance tends to reduce adverse selection compared with voluntary individual coverage primar…Difficulty 2/5
- 314.To verify an applicant's medical history, an insurer most commonly requests:Difficulty 1/5
- 315.How can a producer helping an applicant complete a health insurance application most directly help the insu…Difficulty 2/5
- 316.A life insurance illustration showing projected cash values and premiums is best understood as:Difficulty 2/5
- 317.Which statement correctly distinguishes adverse selection from moral hazard?Difficulty 2/5
- 318.When underwriting reveals a condition that increases the applicant's risk, the insurer is most likely to:Difficulty 2/5
- 319.Errors and omissions (E&O) insurance for insurance agents is designed to protect the agent against:Difficulty 1/5
- 320.An annual life insurance policy is cancelled after three months. The portion of the premium covering the re…Difficulty 2/5
- 321.An insurance policy is governed by contract law, which is a branch of:Difficulty 1/5
- 322.Which statement correctly distinguishes a contract from a tort?Difficulty 1/5
- 323.Tort law is primarily concerned with:Difficulty 1/5
- 324.Group health insurance typically experiences less adverse selection than individually issued coverage prima…Difficulty 3/5
- 325.Errors and omissions (E&O) insurance protects an insurance agent by:Difficulty 2/5
- 326.An individual health policy imposes a waiting period before coverage applies to preexisting conditions. Thi…Difficulty 3/5
- 327.Classifying applicants into standard, substandard, and preferred risk classes primarily helps an insurer:Difficulty 2/5
- 328.An insurer refuses to pay a covered hospital bill, and an agent who sold the policy negligently misrepresen…Difficulty 2/5
- 329.A driver negligently runs a red light and injures a pedestrian. The injured pedestrian's right to recover d…Difficulty 1/5
- 330.An insurer wrongfully refuses to pay a covered disability benefit that the policy clearly promises. If the …Difficulty 2/5
- 331.When an insurer wrongfully refuses to pay a covered claim, the measure of the insured's recovery in a contr…Difficulty 2/5
- 332.In an accident and health insurance contract, the insured's consideration is the premium payment, and the i…Difficulty 1/5
- 333.An insurance policy is a matter of contract law rather than tort law because:Difficulty 1/5
- 334.An insurance agent's appointment by an insurer means that:Difficulty 2/5
- 335.The underwriting department's primary role in an A&H insurer is to:Difficulty 1/5
- 336.Which statement correctly distinguishes 'lapse' from 'cancellation'?Difficulty 2/5
- 337.An agent has two similar life policies available: Policy X pays the agent a higher commission but provides …Difficulty 3/5
- 338.An insurance contract arranged to further an illegal purpose would most likely be:Difficulty 2/5
- 339.An insurance agent negligently tells a client that a preexisting condition will be covered when it will not…Difficulty 2/5
- 340.A 16-year-old signs an application for an individual disability policy without a parent's involvement. Rega…Difficulty 2/5
- 341.A group health plan covering all employees of a large employer distributes risk by:Difficulty 2/5
- 342.An applicant applied for a health policy with a $500 deductible, but the insurer issued a policy with a $1,…Difficulty 3/5
- 343.A life insurer markets and sells policies directly to consumers through mail, telephone, and the internet w…Difficulty 1/5
- 344.An applicant submits an application for a policy with a $50,000 benefit, and the insurer issues a policy wi…Difficulty 2/5
- 345.A person negligently causes another's injury and must compensate the injured party. This obligation arises …Difficulty 2/5
- 346.In the underwriting process, the producer's (agent's) primary responsibility is to:Difficulty 2/5
- 347.A dispute over whether an insurer must pay benefits promised in a policy arises under which body of law?Difficulty 1/5
- 348.In an individual health insurance transaction, which of the following typically constitutes the offer?Difficulty 1/5
- 349.A health insurance contract entered into with a minor who lacks contractual capacity is generally:Difficulty 1/5
- 350.An insurance policy is a contract of adhesion, which means that:Difficulty 1/5