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Bundle for PSI life, accident, and health insurance tests compilation | everything you need | $24.69   Add to cart

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Bundle for PSI life, accident, and health insurance tests compilation | everything you need |

Bundle for PSI life, accident, and health insurance tests compilation | everything you need

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PSI Practice Exam - Life Insurance| 85 Questions with 100 % correct Answers | Verified

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1 - For an individual long-term care policy there is an annual dollar limit for tax deductions that is based on which of the following? 1. age 2. cost of care 3. policy value 4. premium cost 4 - The group conversion option is allowed for all of the following EXCEPT 1. termination of the mast...

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PSI Life Exam| 119 Questions with 100 % correct Answers | Verified | A+

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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 settlement methods and practices by an in...

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PSI Insurance Exam| Questions with 100 % correct Answers | Verified

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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 by the insurer, what is the maximum amount of ...

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PSI: LIFE, ACCIDENT, AND HEALTH PRACTICE EXAM| 75 Questions with 100 % correct Answers | Verified | 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? - Benefits are adjusted to an amount that the premium would have purchased at the correct age or gender. Which of th...

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PSI life, accident, and health| 75 Questions with 100 % correct Answers | Verified |A+

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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 of term insurance that always equals the total of premiums ...

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PSI CA Insurance Test| Questions with 100 % correct Answers | Verified

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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, records, or assets to the commissioner when subject to a s...

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CA PSI Site - Life, Accident and Health Agent Examination (Life Agent)| Questions with 100 % correct Answers | Verified

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Admitted Insurance Company vs. Non-Admitted Insurance Company - An admitted insurance company is authorized to transact insurance in California because it has a Certificate of Authority granted by the California Department of Insurance (CDI) A non-admitted insurance company is not authorized to t...

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