100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
PSI Online Practice Life Exam ARKANSAS Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution CA$11.61   Add to cart
Quickly navigate to
Preview
  2.  
  3. PSI
  4.  
  5. PSI
  6.  
  7. PSI

Exam (elaborations)

PSI Online Practice Life Exam ARKANSAS Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

 3 views  0 purchase
  • Course
  • PSI
  • Institution
  • PSI

PSI Online Practice Life Exam ARKANSAS Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

Preview 2 out of 13  pages

Document information

  • June 23, 2024
  • 13
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • psi online practice life exam arkansas

Written for

  • PSI
  • PSI
  • PSI
All documents for this subject (1096)

Seller

avatar-seller
Hkane

Reviews received

Content preview

PSI Online Practice Life Exam ARKANSAS
If the insurer wishes to share an applicant's HIV status, the applicant must be
given full notice of all of the following EXCEPT

A-The applicant's rights to maintain privacy
B-An opportunity to refuse the dissemination of the information
C-Insurer's practices with respect to the treatment of this information
D-The treatment procedures that are covered by the policy. - CORRECT
ANSWER-D

All of the following are common exclusions from loss found in disability income
policies EXCEPT for that incurred while

A) committing a misdemeanor
B) piloting a personal aircraft
C) living overseas
D) serving in the military - CORRECT ANSWER-A

What type of insurance should a company purchase if it wants to insure the life of
its CEO?

A) BOE insurance
B) key person insurance
C) industrial life insurance
D) group life policy - CORRECT ANSWER-B

For an individual long-term care policy there is an annual dollar limit for
tax-deductions that is base on which of the following?

A) age
B) premium cost
C) cost of care
D) policy value - CORRECT ANSWER-A

, Which of the following is exempted from the incontestability provision in
insurance policies?

A) change in health
B) pre-existing conditions
C) changes in the insurance code
D) fraudulent misstatements - CORRECT ANSWER-D

Which of the following term insurance types provides temporary protection that
can be changed to some type of permanent protection without evidence of
insurability?

A) re-entry
B) decreasing
C) level
D) convertible - CORRECT ANSWER-D

Which annuity settlement option provides a stated monthly amount to the
annuitant and upon the annuitant's death the same or a lesser amount paid for
the lifetime of the survivor?

A) Refund life annuity option
B) Life annuity certain option
C) Joint life option
D) Joint and survivorship option - CORRECT ANSWER-D

Which one of the following is particularly important for an insurance producer to
explain to a client upon delivery of a life insurance policy?

A) the effective date
B) premium due dates
C) any exclusions
loan interest rates - CORRECT ANSWER-C

All of the following are ownership rights EXCEPT

A) assigning all of the rights of the policy to another person

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Hkane. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for CA$11.61. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

67096 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
CA$11.61
  • (0)
  Add to cart