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PSI Insurance Exam Bundle (Rated A+) Guaranteed Pass

PSI exam assessment test questions and answers 2 Exam (elaborations) PSI CA Insurance Test Questions with Verified Answers (100% Pass) 3 Exam (elaborations) PSI Basic Life Insurance Practice Test Guide Questions with Complete Solutions 4 Exam (elaborations) PSI Actual Exam Study Guide Questions ...

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PSI Study Exam Questions and Answer

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PSI Study Exam Questions and Answer Medicare Part C plans include - Answer- Medicare Preferred Provider Organization (PPO) Plans - Medicare Advantage PPO plans also provide a network of doctors and health care providers for their members. Medicare Health Maintenance Organization (HMO) Plans - ...

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Psi Review Exam Questions with Correct Answers

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Psi Review Exam Questions with Correct Answers Which of the following terms refers to the nontaxable portion of each annuity benefit payments? - Answer- Principal Which of the following statements is true regarding an agents report during the policy application process - Answer- it provides th...

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PSI Review Exam Questions and Answers

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PSI Review Exam Questions and Answers Which of the following is true of a cancelable policy? - Answer-All unearned premiums must be returned to the insured. In which of the following must a beneficiary change request be filled in writing to the insurer and is made effective by the insurance co...

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PSI Property and Casualty Exam Questions with Complete Answers

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PSI Property and Casualty Exam Questions with Complete Answers Unless otherwise specified in the insurance contract, all of the following are TRUE regarding return of premium EXCEPT-Answer-The premium is forfeited if the policy is cancelled Which of the following is TRUE regarding who qualifies ...

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PSI practice health and accident exam review questions with complete solutions

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PSI practice health and accident exam review questions with complete solutions What is it called when an insurance company tries to recover from a different insurance policy all or part of its losses resulting from a claim? 1. secondary beneficiary 2. subrogation 3. coordination of benefits ...

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PSI Practice Exam Questions with Complete Solutions 2024

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PSI Practice Exam Questions with Complete Solutions 2024 A policy with a life insurance benefit for a disabled employee includes an extension of benefits upon its discontinuance when all of the following are met EXCEPT - Answer- during a 30 day period in which to accept the terms of the new poli...

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PSI Practice Exam Questions and Answers (guaranteed pass)

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PSI Practice Exam Questions and Answers (guaranteed pass) If the insurer wishes to share an applicant's HIV status, the applicant must be given full notice of all of the following EXCEPT 1. insurer's practices with respect to the treatment of this information. 2. the applicant's rights to ...

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PSI Practice exam NJ questions with complete answers

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PSI Practice exam NJ questions with complete answers which of the following occurs immediately after the application is submitted and the initial premium paid: A: the underwriting process begins B: the applicant's references are checked C: the beneficiaries are selected D: the insurance goes...

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PSI Online Practice Life Study Guide Exam Questions with Complete Answers

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PSI Online Practice Life Study Guide Exam Questions with Complete Answers How do warranties differ from representations? A) A representation is guaranteed to be true, a warranty is believed to be true to the best of one's knowledge. B) A warranty is issued by the insurer, a representation is...

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PSI Life, Accident, Health Practice Exam Questions and Answers

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PSI Life, Accident, Health Practice Exam Questions and Answers the senior is entitled to have others present during any presentation by an agent, broker or insurer. 2 all insurance brokers, agents, or insurers owe a prospective insured at 65 years or older a duty of honesty, good faith, and fair ...

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PSI: LIFE, ACCIDENT, AND HEALTH PRACTICE EXAM QUESTIONS WITH COMPLETE ANSWERS

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PSI: LIFE, ACCIDENT, AND HEALTH PRACTICE EXAM QUESTIONS WITH COMPLETE ANSWERS What is a MIB report? - Answer- Medical information on an applicant for assessing life or health insurance risk. Obtaining consumer information reports under false pretenses is prosecutable by which of the following?...

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PSI Life, Accident, and Health Insurance Study Guide Exam Questions with Correct Answers

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PSI Life, Accident, and Health Insurance Study Guide Exam Questions with Correct Answers Which of the following refers to how often a premium is paid? - Answer- Mode When a policy or certificate containing an accelerated benefit provision is applied for or delivered, the producer is responsibl...

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PSI life, accident, and health exam questions with correct answers

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PSI life, accident, and health exam questions with correct answers The group conversion option is allowed for all of the following EXCEPT A. termination of the master policy. B. loss of group coverage due to termination of employment. C. upon the loss of eligibility on the part of a class of i...

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PSI Life Insurance Exam Questions with Correct Answer

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PSI Life Insurance Exam Questions with Correct Answer In a level term life policy, which ALWAYS remains constant? - Answer- death benefit Why is the accidental death benefit referred to as double indemnity? - Answer- It provides twice the face value in the policy for death due to accident. ...

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PSI Life Exam Questions with Complete Answers

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PSI Life Exam Questions with Complete Answers Which of the following policies allows for partial surrender? - Answer- Universal Life Any form that becomes part of an insurance contract must be filed at the Office of the Commissioner of Insurance - Answer- Prior to its use Keogh (HR 10) pl...

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PSI Insurance Exam Questions and Answers

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PSI Insurance Exam Questions and Answers Under an individual policy, an insured who CANNOT perform the duties of his/her own occupation for a specific period of time is -Answer-totally disabled. A few small employers in the same industry join together to become eligible for group insurance. Th...

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PSI EXAM Questions with Complete Solutions Latest

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PSI EXAM Questions with Complete Solutions Latest Which of the following is TRUE of the limited pay whole life policy? - Answer- Coverage continues after the policy is paid-up. Which of the following is true about a decreasing term life policy? - Answer- The face amount reaches zero at policy ...

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CA LIFE EXAM – PSI QUESTIONS WITH COMPLETE SOLUTIONS (RATED A+)

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CA LIFE EXAM – PSI QUESTIONS WITH COMPLETE SOLUTIONS (RATED A+) How are the acts of war and aviation treated under a group life insurance policy? - Answer- Policy exclusion Which of these is not a valid policy dividend option? - Answer- Monthly income payments True statement of policy div...

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CA- PSI- Life, Accident & Health Exam Questions with Correct Answers

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CA- PSI- Life, Accident & Health Exam Questions with Correct Answers Guaranteed Insurability Rider - Answer-Allows insured to purchase additional amounts of coverage w/o evidence of insurability at specified dates in future (such as every 2 years) Who is annuity owner? - Answer-Person that pu...

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CA PSI Site - Life, Accident and Health Agent Examination (Life Agent) Questions with Complete Answers (100% Pass)

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CA PSI Site - Life, Accident and Health Agent Examination (Life Agent) Questions with Complete Answers (100% Pass)

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CA PSI-LIFE, ACCIDENT, AND HEALTH OR SICKNESS PRACTICE EXAM QUESTIONS WITH CORRECT ANSWERS

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CA PSI-LIFE, ACCIDENT, AND HEALTH OR SICKNESS PRACTICE EXAM QUESTIONS WITH CORRECT ANSWERS which of the following lists three common types of permanent individuals life insurance ? - Answer- Variable Life, Whole life , Universal Life Which type of annuity covers two or more annuitants and prov...

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Life insurance psi Exam Questions with Complete Solutions

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Life insurance psi Exam Questions with Complete Solutions annual premium payment - Answer- Which of the following is an example of a premium payment mode? fraudulent misstatements - Answer- Which of the following is exempted from the incontestability provision in insurance policies? the...

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PA Life practice exam from PSI (1) questions with correct answers

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PA Life practice exam from PSI (1) questions with correct answers Current assumption whole life policies are sensitive to which of the following? 1. interest rates 2. age of the insured 3. health of the insured 4. current cash value of the policy - Answer- 1. interest rates Which part...

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PSI - LIFE, ACCIDENT, AND HEALTH – FULL EXAM QUESTIONS WITH VERIFIED ANSWERS

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PSI - LIFE, ACCIDENT, AND HEALTH – FULL EXAM QUESTIONS WITH VERIFIED ANSWERS The insurer is required to report the agent appointment within 21 days of the policy issue. 4. If a policy is issued, the insurer is considered to have authorized the agent to act on its behalf. - Answer- If a policy ...

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PSI 200 Life Health Accident Exam Questions with Complete Answers

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PSI 200 Life Health Accident Exam Questions with Complete Answers Consideration Clause - Answer- A part of the insurance contract that states that both parties must give something of value for the transfer of risk, and specifies the conditions of the exchange. Insuring Clause - Answer- The hea...

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PSI Actual Exam Study Guide Questions with Verified Answers

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PSI Actual Exam Study Guide Questions with Verified Answers What does first-dollar coverage mean? - Answer- As soon as covered medical expenses are incurred, the policy begins to pay. Which of the following must be given to the insurer within 20 days after occurrence or commencement of any los...

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PSI Basic Life Insurance Practice Test Guide Questions with Complete Solutions

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PSI Basic Life Insurance Practice Test Guide Questions with Complete Solutions It provides twice the face value in the policy for death due to accident. - Answer- Why is the accidental death benefit referred to as double indemnity? the treatment procedures that are covered by the policy. - Ans...

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PSI CA Insurance Test Questions with Verified Answers (100% Pass)

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PSI CA Insurance Test Questions with Verified Answers (100% Pass) When does a disability policy become incontestable as to the statements contained in the application? - Answer-After the policy has been in force for a period of two years during the lifetime of the insured. All of the following...

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