PSI LIFE, ACCIDENT, AND HEALTH/PSI LIFE INSURANCE EXAM PACKAGE DEAL QUESTIONS AND ANSWERS WITH VERIFIED SOLUTIONS UPDATED 2025
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Under the misstatement of age or gender provision, what happens if it is determined at death that the insured's age or gender was misstated on a life insurance policy application? - ANSWER Benefits are adjusted to an amount that the premium would have purchased at the correct age or gender. Wh...
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Add to cartUnder the misstatement of age or gender provision, what happens if it is determined at death that the insured's age or gender was misstated on a life insurance policy application? - ANSWER Benefits are adjusted to an amount that the premium would have purchased at the correct age or gender. Wh...
WhatAhappensAunderAaAmisstatementAofAageAclauseAonAaAdisabilityApolicy? 1.A TheApolicyAwouldAbeAterminatedAandAallApremiumsAwouldAbeAreturnedAtoAtheApolicyAowner. 2.A TheApolicyAwouldAbeAterminatedAandAallApremiumsAwouldAbeAretainedAbyAtheAinsuranceAcompany. 3.A AllAamountsApayableAunderAthisA...
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Add to cartWhatAhappensAunderAaAmisstatementAofAageAclauseAonAaAdisabilityApolicy? 1.A TheApolicyAwouldAbeAterminatedAandAallApremiumsAwouldAbeAreturnedAtoAtheApolicyAowner. 2.A TheApolicyAwouldAbeAterminatedAandAallApremiumsAwouldAbeAretainedAbyAtheAinsuranceAcompany. 3.A AllAamountsApayableAunderAthisA...
What is it called when a life insurance policy pays a multiple of the coverage amount when certain types of accidents occur? - ANSWER multiple indemnity Upon the issuance of a conditional receipt for a renewal when the premium is paid AFTER the time granted by the insurer, what is the maximum amo...
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Add to cartWhat is it called when a life insurance policy pays a multiple of the coverage amount when certain types of accidents occur? - ANSWER multiple indemnity Upon the issuance of a conditional receipt for a renewal when the premium is paid AFTER the time granted by the insurer, what is the maximum amo...
Nonforfeiture Options - ANSWER cash value, reduced paid-up insurance, extended term insurance Cash Value - ANSWER the amount of money a whole life policyholder would receive if the policy were surrendered before death or maturity Reduced Paid-Up - ANSWER The amount of equity (ownership) or cas...
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Add to cartNonforfeiture Options - ANSWER cash value, reduced paid-up insurance, extended term insurance Cash Value - ANSWER the amount of money a whole life policyholder would receive if the policy were surrendered before death or maturity Reduced Paid-Up - ANSWER The amount of equity (ownership) or cas...
CA PSI Site - Life, Accident and Health Agent Examination (Life Agent) questions and answers with solutions 2025
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Add to cartCA PSI Site - Life, Accident and Health Agent Examination (Life Agent) questions and answers with solutions 2025
PSI - NY Life, Accident and Health Practice Exam 17-55 questions and answers with solutions 2025
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Add to cartPSI - NY Life, Accident and Health Practice Exam 17-55 questions and answers with solutions 2025
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