100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
CA Accident and Health PSI Practice Test Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution $7.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. PSI
  4.  
  5. PSI
  6.  
  7. PSI

Exam (elaborations)

CA Accident and Health PSI Practice Test Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

 3 views  0 purchase
  • Course
  • PSI
  • Institution
  • PSI

CA Accident and Health PSI Practice Test Questions with 100% Actual correct answers | verified | latest update | Graded A+ | Already Passed | Complete Solution

Preview 2 out of 6  pages

Document information

  • June 23, 2024
  • 6
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • ca accident and health psi practice test questions

Written for

  • PSI
  • PSI
  • PSI
All documents for this subject (1096)

Seller

avatar-seller
Hkane

Reviews received

Content preview

CA Accident and Health PSI Practice Test
All of the following are requirements for an applicant to be licensed as a life &
disability insurance analyst EXCEPT - CORRECT ANSWER-having been
employed by an insurance company .

Life and Disability Insurance Analysts must provide an agreement with a
statement that includes all of the following EXCEPT - CORRECT ANSWER-that
fees can be received for servicing a policy on which they were the selling agent .

All of the following are types of licenses EXCEPT - CORRECT
ANSWER-accident and health solicitor .

When is a person acting as a licensee allowed to act as an agent of the insurer ?
- CORRECT ANSWER-when the insurer has filed with the commissioner a notice
of appointment

When does a license become inactive for a broker ? - CORRECT
ANSWER-upon the termination of all appointments , or all endorsements

When may a licensee surrender for cancellation any license under which they are
permitted to act ? - CORRECT ANSWER-at any time .

Which of the following may be described as an " administrator " of life or health
coverage or annuities ? - CORRECT ANSWER-the Insurance Commissioner
who has access to the records for examination , audit , and inspection purposes

When is it allowable for a written application for any disability policy to be altered
? - CORRECT ANSWER-by the insurer , for administrative purposes only , when
it is clear that the applicant has not made the insertions

When is the practice of ' post claims ' underwriting allowable on disability
insurance covering hospital , medical or surgical expenses ? - CORRECT
ANSWER-At no time .

, The California Life and Health Insurance Guarantee Act provides coverage for all
of the following EXCEPT - CORRECT ANSWER-a stop - loss insurance plan .

Who is the California Life and Health & Guarantee Association is regulated by ? -
CORRECT ANSWER-The California Insurance Commissioner

A policy with a life insurance benefit for a disabled employee includes an
extension of benefits upon its discontinuance when all of the following are met
EXCEPT - CORRECT ANSWER-during a 30 day period in which to accept the
terms of the new policy .

Which of the following may insurers use in their underwriting ? - CORRECT
ANSWER-family medical history

In which situation is a person or other entity that provides coverage for medical
expenses NOT subject to the jurisdiction of the insurance department ? -
CORRECT ANSWER-When they are subject to the jurisdiction of another agency
of this or another state or the federal government .

A permitted form of group disability insurance that conforms to the CIC meets all
of the following conditions EXCEPT - CORRECT ANSWER-the group numbers
not less than 5 new entrants yearly .

Are dependents eligible for any premium refunds or dividends paid under any
policy of group disability insurance ? - CORRECT ANSWER-Yes , insured
employees are generally eligible as well as their dependents .

Can any life insurer issue group life insurance with premium rates less than the
usual rates for such insurance ? - CORRECT ANSWER-Yes , they may do so on
any group plan , with or without annuities .

When does a disability policy become incontestable as to the statements
contained in the application ? - CORRECT ANSWER-After this policy been in
force for a period of two years during the lifetime of the insured .

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

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 Hkane. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

72042 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (0)
  Add to cart