US Insurance California Advanced Test 3

Insurance » Category

Author: TestGru Team (Education Specialist)

20 questions · All questions on one page

Prepared with up-to-date content

Insurance — Advanced (California) Professional (Insurance, USA) USA — California State Insurance License — USA

What is this test? for Insurance (Property/Casualty, Life/Health) license, USA — Professional (Insurance, USA) level, USA — California.
For adults preparing for Insurance license in the USA
Section: Insurance — Advanced (California) · Education: Professional (Adult) · Part: Insurance — Advanced (California) · Country: USA · Region: USA — California

A regular habit of taking practice tests makes learned information stick and is one of the most important factors directly affecting exam success.

This test will help you gauge your knowledge in your field and manage your exam prep more efficiently.

By solving this test of 20 questions, you can both test your knowledge and identify the topics you need to improve.

Question 1

What is comprehensive coverage?

A) collision

B) health

C) liability

D) non-crash damage (theft, hail)

Question 2

What is a premium?

A) regular insurance payment

B) deductible

C) copay

D) claim payout

Question 3

What is term life insurance?

A) no expiry

B) lifetime

C) coverage for a set period

D) investment

Question 4

What is a deductible?

A) monthly bill

B) amount paid before coverage

C) payout

D) copay

Question 5

What is a copay?

A) deductible

B) fixed visit fee

C) payout

D) premium

Question 6

What is liability coverage?

A) your car repairs

B) pays others' damage you cause

C) theft of yours

D) medical for you

Question 7

What is collision coverage?

A) flood

B) your car crash repairs

C) liability

D) theft

Question 8

What is whole life insurance?

A) yearly

B) lifetime plus cash value

C) no payout

D) term only

Question 9

What is a beneficiary?

A) lender

B) person receiving payout

C) agent

D) adjuster

Question 10

What is underwriting?

A) canceling

B) claim filing

C) selling

D) risk assessment for policies

Question 11

What is an exclusion?

A) what policy does NOT cover

B) covered item

C) deductible

D) premium

Question 12

What is a rider?

A) added coverage option

B) claim

C) cancel

D) basic policy

Question 13

What is coinsurance?

A) shared percent after deductible

B) premium

C) full coverage

D) copay

Question 14

What is an out-of-pocket max?

A) unlimited

B) premium

C) yearly payment ceiling

D) deductible

Question 15

What is HMO?

A) network HMO care plan

B) any doctor

C) no referrals

D) PPO

Question 16

What is PPO?

A) no coverage

B) free care

C) flexible network plan

D) HMO only

Question 17

What is flood insurance?

A) homeowners covers

B) separate NFIP policy

C) no need

D) auto covers

Question 18

What is an adjuster?

A) collects premiums

B) sells policies

C) cancels

D) assesses claim payouts

Question 19

What is subrogation?

A) doubling payout

B) canceling

C) insurer recovering from at-fault party

D) refunding

Question 20

What is actual cash value?

A) agreed value

B) purchase price

C) replacement minus depreciation

D) new price

US Insurance California Advanced Test 3

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