PSI Insurance Exam Bundle (Rated A+) Guaranteed Pass

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...

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...

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 ...

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 ...

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...

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 ...

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...

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...

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 ...

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?...

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...

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...

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. ...

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...