General Insurance Practice Questions — Page 8 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.
- 351.A dispute over whether an insurer must pay benefits promised in a policy arises under which body of law?Difficulty 1/5
- 352.During a claims review, an insurance professional develops a reasonable belief that a submitted claim is fr…Difficulty 2/5
- 353.A health insurance contract entered into with a minor who lacks contractual capacity is generally:Difficulty 1/5
- 354.Which of the following is NOT one of the four major departments of an insurance company?Difficulty 1/5
- 355.A health insurance policy is described as a personal contract, which means that it:Difficulty 2/5
- 356.A policy is drafted entirely by the insurer, the insured's duty to keep paying premiums is a condition rath…Difficulty 2/5
- 357.In an insurance contract, the insured's consideration consists of:Difficulty 2/5
- 358.When an insurer transfers part of its risk to another insurer through reinsurance, the insurer that transfe…Difficulty 1/5
- 359.A tort such as negligence differs from a breach of contract because a tort duty is:Difficulty 2/5
- 360.An insurance contract is called a unilateral contract because:Difficulty 3/5
- 361.An applicant who has been judicially declared legally incompetent applies for and is issued a health policy…Difficulty 2/5
- 362.Under 18 USC Section 1033, a person convicted of a felony involving dishonesty or a breach of trust:Difficulty 3/5
- 363.An insurer issues a policy to indemnify a person for fines that would be imposed for operating an illegal g…Difficulty 2/5
- 364.An agent threatens to disclose an applicant's private medical information to his employer unless the applic…Difficulty 2/5
- 365.A physician's negligent treatment that injures a patient is addressed under which body of law?Difficulty 2/5
- 366.A disability policy requires the insured to pay premiums when due, give timely notice of claim, and submit …Difficulty 2/5
- 367.Because insurance policies are contracts of adhesion, ambiguous policy language is generally interpreted:Difficulty 2/5
- 368.Which of the following is the foremost ethical duty of an insurance producer under the industry's ethical s…Difficulty 1/5
- 369.In a mutual insurance company, the owners of the company are the:Difficulty 2/5
- 370.Which of the following is one of the principal departments or functional divisions of an insurance company?Difficulty 1/5
- 371.In an individual health insurance transaction, the completed and signed application is generally treated as:Difficulty 2/5
- 372.An underwriter states that a proposed insured presents 'a high degree of risk.' This means the insured has:Difficulty 2/5
- 373.A health insurance policy is an adhesion contract. If a policy provision is ambiguous, the ambiguity will g…Difficulty 2/5
- 374.Errors and omissions (E&O) insurance protects an insurance agent against claims arising from:Difficulty 1/5
- 375.An insured fails to pay a health insurance premium when due, and the applicable grace period expires withou…Difficulty 2/5
- 376.An agent states, 'As long as I follow the letter of the Insurance Code, I am being ethical.' Is this statem…Difficulty 3/5
- 377.A policyholder signs a form directing the insurer to pay a hospital directly for a hospitalization that has…Difficulty 3/5
- 378.When an insurance company transfers part of its risk to another insurer, the company that transfers the ris…Difficulty 1/5
- 379.A mutual insurance company is characterized by:Difficulty 1/5
- 380.Because an insurance contract is unilateral — only the insurer makes a legally enforceable promise — what i…Difficulty 2/5
- 381.The reason insurance is built around pure risk rather than speculative risk is that pure risk:Difficulty 1/5
- 382.Under the federal Gramm-Leach-Bliley Act (GLBA), insurers and other financial institutions must:Difficulty 2/5
- 383.In an insurance contract, the insurer's consideration is:Difficulty 1/5
- 384.An insurance policy is called a unilateral contract because:Difficulty 1/5
- 385.A client asked his agent in writing to add a disability income rider to an existing policy, but the agent f…Difficulty 2/5
- 386.An accident and health policy's insuring clause states that it covers 'sickness and accidental bodily injur…Difficulty 2/5
- 387.A health insurance policy is a conditional contract because:Difficulty 2/5
- 388.A contract of insurance that covers the insured's planned criminal activity would fail which essential elem…Difficulty 2/5
- 389.Which of the following is NOT a characteristic of an insurance contract?Difficulty 1/5
- 390.The primary distinction between a stock insurance company and a mutual insurance company is:Difficulty 2/5
- 391.Which of the following is one of the four principal departments or functions of an insurance company?Difficulty 1/5
- 392.A health insurance policy is considered a unilateral contract because:Difficulty 2/5
- 393.When an insurer transfers part of its risk to another insurer through reinsurance, the insurer transferring…Difficulty 2/5
- 394.When an insurer transfers part of its risk to another insurer through reinsurance, the insurer transferring…Difficulty 2/5
- 395.A fraternal benefit society is best described as:Difficulty 2/5
- 396.An actuary notes that expanding a disability insurance pool from 5,000 to 50,000 similar insureds improves …Difficulty 2/5
- 397.An insurance contract is conditional because the insurer's obligation to pay depends on:Difficulty 1/5
- 398.A key difference between a mutual insurance company and a stock insurance company is that:Difficulty 2/5
- 399.Which statement best reflects the relationship between law and ethics for insurance producers?Difficulty 1/5
- 400.A person who stops skydiving because the injury risk is unacceptable is practicing:Difficulty 2/5