Exam (elaborations)
PSI Exam questions
- Module
- PSI Practice
- Institution
- PSI Practice
Exam of 4 pages for the course PSI Practice at PSI Practice (PSI Exam questions)
[Show more]
Content preview
PSI Exam questionsAccording to administrative procedures, what is required to make changes to
California insurance code? - CORRECT ANSWER-The department of insurance
is required to publish proposed changes 45 days prior to the hearing or decision
to adopt the change
Which form of negotiation is covered under the definition of "transact" as applied
to insurance - CORRECT ANSWER-negotiations preliminary to execution
all of the following are duty of an insurer in regards to claims on file an record
documentation except - CORRECT ANSWER-maintaining sales material, which
had a material impact on the claims process
which of the following may be insured against - CORRECT ANSWER-wagering
losses
which of the following are penalties for unlawfully acting as an insurer without a
certificate of authority except - CORRECT ANSWER-the individual will be
banned from practicing for a period of 5 years
which of the following is true regarding non admitted insurers - CORRECT
ANSWER-acting as an agent for a nonadmitted insurer is considered a
misdemeanor
how is an insurance policy defined - CORRECT ANSWER-the written instrument
in which a contract of insurance is set forth
which circumstances in a pretext interview determine if the questions are
permissable - CORRECT ANSWER-when an insured is consulted by a person
who hides his true identity on purpose when fraud for a claim is suspected
which would permit an insurer to escape insolvency - CORRECT
ANSWER-possession of assets equal to the total paid in capital after all liabilities
and reinsurance
The benefits of buying summaries with Stuvia:
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
You can quickly pay through credit card for the summaries. There is no membership needed.
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 EXAMQA. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £6.46. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
62890 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy revision notes and other study material for 14 years now