Life Insurance Practice Questions — Page 3 of 13
639 free life 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.
- 101.In a "jumping juvenile" life insurance policy, the face amount:Difficulty 1/5
- 102.An insured wants to pay premiums more frequently than annually on a whole life policy. Compared with paying…Difficulty 2/5
- 103.A policy provides a constant face amount and a level premium for the entire term, such as 10, 20, or 30 yea…Difficulty 1/5
- 104.Under a single premium whole life policy, the insured:Difficulty 1/5
- 105.A family policy provides life insurance coverage on the breadwinner (typically whole life) plus:Difficulty 2/5
- 106.A jumping juvenile life insurance policy is designed so that:Difficulty 2/5
- 107.A family income policy is best described as whole life insurance combined with:Difficulty 2/5
- 108.A 'jumping juvenile' life insurance policy is best described as a policy that:Difficulty 2/5
- 109.A breadwinner wants the family to receive a monthly income for a set number of years after death, in additi…Difficulty 2/5
- 110.A joint life (first-to-die) policy insuring two spouses pays the death benefit:Difficulty 1/5
- 111.A husband and wife purchase a joint life policy. The policy pays the death benefit when the first of the tw…Difficulty 2/5
- 112.Guaranteed universal life (GUL) insurance is best characterized by which of the following?Difficulty 2/5
- 113.A joint life policy that pays the death benefit upon the first death of two insureds, and then terminates, …Difficulty 2/5
- 114.Which statement correctly describes a family income rider on a life insurance policy?Difficulty 2/5
- 115.Under a jumping juvenile life insurance policy, what happens to the face amount when the insured child reac…Difficulty 2/5
- 116.A whole life policy under which the policyowner pays premiums for a limited period, such as 10 or 20 years,…Difficulty 2/5
- 117.A family income (family maintenance) life insurance policy is designed primarily to:Difficulty 2/5
- 118.In a level term insurance policy, during the policy term:Difficulty 1/5
- 119.An agent tells a life insurance applicant, 'Your coverage is bound and in force immediately.' Which stateme…Difficulty 2/5
- 120.A jumping juvenile life insurance policy is designed so that:Difficulty 2/5
- 121.A whole life policyowner adds a family income rider. If the insured dies during the rider's coverage period…Difficulty 3/5
- 122.Which type of policy combines flexible universal life features with a guaranteed death benefit that stays i…Difficulty 2/5
- 123.A joint life (first-to-die) policy insures two people on one contract. The death benefit is payable:Difficulty 2/5
- 124.An insured owns a whole life policy with a rider that provides term insurance coverage on the insured's spo…Difficulty 1/5
- 125.A term policy in which the premium and the death benefit remain unchanged throughout the coverage period, s…Difficulty 1/5
- 126.A $200,000 level term policy with a 20-year term would charge premiums that:Difficulty 1/5
- 127.A joint life (first-to-die) insurance policy pays its death benefit:Difficulty 1/5
- 128.A guaranteed universal life (GUL) policy is primarily distinguished from a traditional universal life polic…Difficulty 2/5
- 129.In a decreasing term life insurance policy, the death benefit over the policy's term:Difficulty 1/5
- 130.Two business partners each purchase coverage under a single policy that will pay the death benefit when the…Difficulty 1/5
- 131.In most individual life policies, the application signed by the applicant is:Difficulty 1/5
- 132.While helping an applicant complete a life insurance application, the agent notices that the applicant has …Difficulty 2/5
- 133.A joint life insurance policy insuring two people provides that the death benefit is payable:Difficulty 2/5
- 134.A family maintenance policy combines which combination of coverages?Difficulty 1/5
- 135.A policy that insures two lives and pays the death benefit only after the second insured dies is known as a:Difficulty 3/5
- 136.In a level term life insurance policy, the death benefit and the premium:Difficulty 1/5
- 137.A guaranteed universal life (GUL) policy is designed primarily to:Difficulty 2/5
- 138.A simplified issue guaranteed universal life (SGUL) policy differs from a fully underwritten GUL primarily …Difficulty 2/5
- 139.Under a joint life (first-to-die) insurance policy covering two people, when is the death benefit paid and …Difficulty 2/5
- 140.A level term life policy is characterized by:Difficulty 1/5
- 141.A family income benefit rider attached to a life insurance policy provides:Difficulty 2/5
- 142.On a juvenile life insurance policy, what does the payor rider provide?Difficulty 1/5
- 143.Under a level term life insurance policy with a 20-year guarantee period, during those 20 years the:Difficulty 1/5
- 144.In a decreasing term life insurance policy, the:Difficulty 2/5
- 145.Which characteristic best describes a level term life insurance policy?Difficulty 1/5
- 146.A level term insurance policy is characterized by which of the following?Difficulty 1/5
- 147.Under a level term life insurance policy, which statement is true?Difficulty 1/5
- 148.Regarding the life insurance application, who must sign it?Difficulty 1/5
- 149.A producer tells a life insurance applicant that coverage is effective immediately through a binder, simila…Difficulty 2/5
- 150.A client wants life insurance that guarantees coverage until age 100 as long as a specified level premium i…Difficulty 2/5