PSI Insurance Bundled Exams Questions and Answers with Certified Solutions (2022/2023) (Full Solution Pack)

SI Life Exam Questions and Answers 100% Pass What kind of retirement plan can a 75-employee for profit corporation establish? Simple IRA The taxable portion of a monthly income benefit paid during the annuity phase from a nonqualified annuity is calculated using the Exclusion ratio Unfair claims s...

PSI: LIFE, ACCIDENT, AND HEALTH PRACTICE EXAM ALREADY PASSED 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? Benefits are adjusted to an amount that the premium would...

PSI Insurance Exam Questions and Answers Rated A+ What is it called when a life insurance policy pays a multiple of the coverage amount when certain types of accidents occur? multiple indemnity Upon the issuance of a conditional receipt for a renewal when the premium is paid AFTER the time granted...

PSI - LIFE, ACCIDENT, AND HEALTH QUESTIONS AND ANSWERS WITH CERTIFIED SOLUTIONS 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 wo...

PSI life, accident, and health questions and answers 100% pass 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 2 years What is the return of premium rider? A. an increasing amount...

PSI EXAM QUESTIONS AND ANSWERS (2022/2023) (VERIFIED SOLUTIONS) During which period of a Disability Income Policy is coverage effective but during which no benefits will be paid under the policy? Probationary period All of the following are common exclusions from loss found in disability income po...

PSI - NY Life, Accident and Health Practice Exam 17-55 Already Passed Which policy provision permits the policy owner to take a specified number of days to examine the contract, and allows for cancellation and a full refund if the policy owner rejects the terms or costs? Free Look When will a poli...

PSI Practice test questions and answers 100% Pass When delivering a policy to the insured, an agent should carefully explain the? a. sections that the insured is unclear about b. riders or endorsements that have been added to the policy c. entire policy summary, including any riders, exclusions,...

PSI CA Insurance Test Questions and Answers Passed with 100% What is the procedure regarding change of address for a licensee? The commissioner must be notified immediately of any change in the personal, business, or email address. What is the punishment for a person who refuses to deliver books, r...