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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Life Insurance | 35% | - Beneficiary designations and settlement options - Group life insurance - Types of life insurance policies - Policy provisions, riders, and options |
| Topic 2: California Insurance Code & Ethics | 20% | - Policy delivery and replacement rules - Ethical standards and anti-fraud provisions - Unfair trade practices - State regulations and licensing rules |
| Topic 3: Health Insurance | 25% | - Long-term care insurance - Medicare and Medicare supplements - Health policy provisions and exclusions - Medical expense and major medical plans - Disability income insurance |
| Topic 4: Annuities and Retirement Plans | 10% | - Fixed and variable annuities - Tax treatment and suitability - Immediate and deferred annuities |
| Topic 5: General Insurance Concepts | 10% | - Insurance contract law and elements - Basic insurance principles and terminology - Insurance marketplace and regulation overview |
How many days does the California Insurance Code give an individual to return a life policy for cancellation?
Correct Answer: C 🗳️
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Health Insurance Counseling and Advocacy Program (HICAP) counselors can do all of the following EXCEPT
Correct Answer: C 🗳️
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After the deductible is satisfied, what percentage of a reasonable charge does Medicare Part B pay?
Correct Answer: A 🗳️
Explanation: Only visible for VCEEngine members. You can sign-up / login (it's free).
A contract in which only one party to the contract is legally bound to do anything is
Correct Answer: B 🗳️
Explanation: Only visible for VCEEngine members. You can sign-up / login (it's free).
A Hospital Confinement Indemnity insurance policy pays
Correct Answer: A 🗳️
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