PSI Life, Accident, and Health Practice Exam Correct 100%(FULL PACK SOLUTIONS!!)EXAM BUNDLE 2023PSI Life, Accident, and Health Practice Exam Correct 100%(FULL PACK SOLUTIONS!!)EXAM BUNDLE 2023PSI Life, Accident, and Health Practice Exam Correct 100%(FULL PACK SOLUTIONS!!)EXAM BUNDLE 2023PSI Life, A...
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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? -ANSWERS Benefits are adjusted to an amount that the premium would have purchased at the correct age or gender. Whic...
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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? -ANSWERS Benefits are adjusted to an amount that the premium would have purchased at the correct age or gender. Whic...
How long after being entitled to disability benefits will an individual be eligible to receive Medicare benefits? A. immediately B. 1 year C. 2 years D. At age 65 - ANSWERS2 years What is the return of premium rider? A. an increasing amount of term insurance that always equals the total of...
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Add to cartHow long after being entitled to disability benefits will an individual be eligible to receive Medicare benefits? A. immediately B. 1 year C. 2 years D. At age 65 - ANSWERS2 years What is the return of premium rider? A. an increasing amount of term insurance that always equals the total of...
What happens under a misstatement of age clause on a disability policy? 1. The policy would be terminated and all premiums would be returned to the policy owner. 2. The policy would be terminated and all premiums would be retained by the insurance company. 3. All amounts payable under this ...
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Add to cartWhat happens under a misstatement of age clause on a disability policy? 1. The policy would be terminated and all premiums would be returned to the policy owner. 2. The policy would be terminated and all premiums would be retained by the insurance company. 3. All amounts payable under this ...
A group conversion option may be used in all the following instances EXCEPT - ANSWERSa life-changing event, such as marriage, divorce, or childbirth. Which is the primary purpose of Health Reimbursement Accounts (HRAs)? - ANSWERSTo assist covered employees with the payment of medical expenses on ...
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Add to cartA group conversion option may be used in all the following instances EXCEPT - ANSWERSa life-changing event, such as marriage, divorce, or childbirth. Which is the primary purpose of Health Reimbursement Accounts (HRAs)? - ANSWERSTo assist covered employees with the payment of medical expenses on ...
Which of the following is TRUE of an equity-indexed annuity? - ANSWERIt has a guaranteed minimum interest rate Compared to basic hospital, medical and surgical policies, which type of insurance provides broader coverage, fewer gaps, higher individual benefits, and higher policy maximums? - ANSWER...
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Add to cartWhich of the following is TRUE of an equity-indexed annuity? - ANSWERIt has a guaranteed minimum interest rate Compared to basic hospital, medical and surgical policies, which type of insurance provides broader coverage, fewer gaps, higher individual benefits, and higher policy maximums? - ANSWER...
Dividends that are received by a life insurance policy holder can be taxed in what situation(s): I - When the dividend amount received exceeds the amount that the policy holder paid in premiums - ANSWERSThe amount received that is over and above the amount paid into the policy via premiums is cons...
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Add to cartDividends that are received by a life insurance policy holder can be taxed in what situation(s): I - When the dividend amount received exceeds the amount that the policy holder paid in premiums - ANSWERSThe amount received that is over and above the amount paid into the policy via premiums is cons...
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