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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
[Show more]Bundle for PSI life, accident, and health insurance tests compilation | everything you need
[Show more]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...
Preview 3 out of 19 pages
Add to cart1 - 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...
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...
Preview 2 out of 11 pages
Add to cartWhat 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...
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 ...
Preview 3 out of 22 pages
Add to cartWhat 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 ...
2x sold
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...
Preview 2 out of 8 pages
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? - Benefits are adjusted 
to an amount that the premium would have purchased at the correct age or gender. 
Which of th...
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 ...
Preview 2 out of 8 pages
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 - 2 years 
What is the return of premium rider? 
A. an increasing amount of term insurance that always equals the total of premiums ...
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...
Preview 1 out of 3 pages
Add to cartWhat 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...
4x sold
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...
Preview 2 out of 8 pages
Add to cartAdmitted 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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