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| Section | Objectives |
|---|---|
| Life Insurance Concepts | - Types of life insurance policies (term, whole life, universal life) - Beneficiaries and settlement options - Policy provisions and riders |
| Annuities and Retirement Concepts | - Fixed and variable annuities - Retirement income options |
| Insurance Basics and Principles | - Insurance terminology and principles - Risk management concepts |
| State Insurance Regulations (California) | - Licensing requirements and producer conduct - California Insurance Code and regulations - Unfair trade practices and ethics |
| Accident and Health Insurance | - Disability income insurance - Medical expense coverage - Long-term care insurance basics |
What is the limit of liability in a term life insurance policy?
Correct Answer: D 🗳️
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Beginning January 1, 2014, a health insurance issuer that offers health insurance coverage in the individual market must cover 10 essential health benefits. All of the following benefits are essential health benefits EXCEPT
Correct Answer: C 🗳️
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The group medical plan provision that applies when a claimant has coverage under more than one plan is known as
Correct Answer: B 🗳️
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The insured is totally and permanently disabled. The insured's policy continues in force without payment of further premiums because the policy contains a
Correct Answer: D 🗳️
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It is considered an unfair method of competition for an agent to advertise that the insurer the agent is appointed with is
Correct Answer: D 🗳️
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