A life and disability analyst licensed under California Insurance Code Sections 1831-1849 is authorized to:
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
A life and disability analyst is a person who is licensed to analyze and advise on life and disability insurance matters for compensation. The analyst's role is consultative rather than transactional: the analyst does not hold an agent's license and is not authorized to sell policies or to collect commissions as an agent would. Selling coverage as an agent requires a life and accident and health license under Section 1626, which is a separate authorization from the analyst license issued under the analyst statutes. The analyst advises consumers about their coverage needs and charges a fee for that analysis, but the analyst is not an agent and cannot bind or sell insurance.
Why the other options are wrong
- D) Selling policies and collecting commissions is the function of a licensed agent under Section 1626, not the function of an analyst, whose role is to advise clients for a fee rather than to transact sales.
- A) Claims adjustment is performed by licensed adjusters under the insurance code. A life and disability analyst's role is advisory and consultative, not the adjustment of claims on behalf of insurers.
- B) Underwriting is a function performed by the insurer's underwriting staff, which evaluates applications and classifies risks. An analyst is not authorized to underwrite applications for insurance companies. This contradicts the governing rule explained above and therefore cannot be the correct answer.
Memory hook
Analyst analyzes and advises for a fee; the agent sells. Analyze first, sell never, for an analyst.