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Exam (elaborations)

PSI Online Practice Life Exam With Questions And 100% ALL SURE ANSWERS

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  • Course
  • Arkansas Life Insurance
  • Institution
  • Arkansas Life Insurance

PSI Online Practice Life Exam With Questions And 100% ALL SURE ANSWERS

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  • October 18, 2024
  • 17
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Arkansas Life Insurance
  • Arkansas Life Insurance
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PSI Online Practice Life Exam With Questions And 100% ALL SURE ANSWERS




Terms in this set (56)


If the insurer wishes to share an applicant's HIV D
status, the applicant must be given full notice of
all of the following EXCEPT


A-The applicant's rights to maintain privacy
B-An opportunity to refuse the dissemination of
the information
C-Insurer's practices with respect to the
treatment of this information
D-The treatment procedures that are covered by
the policy.

All of the following are common exclusions from A
loss found in disability income policies EXCEPT
for that incurred while


A) committing a misdemeanor
B) piloting a personal aircraft
C) living overseas


1/16

,PSI Online Practice Life Exam




2/16

, 10/18/24, 5:45 AM




What type of insurance should a company B
purchase if it wants to insure the life of its CEO?


A) BOE insurance
B) key person insurance
C) industrial life insurance
D) group life policy

For an individual long-term care policy there is A
an annual dollar limit for tax-deductions that is
base on which of the following?


A) age
B) premium cost
C) cost of care
D) policy value

Which of the following is exempted from the D
incontestability provision in insurance policies?


A) change in health
B) pre-existing conditions
C) changes in the insurance code
D) fraudulent misstatements

Which of the following term insurance types D
provides temporary protection that can be
changed to some type of permanent protection
without evidence of insurability?


A) re-entry
B) decreasing
C) level
D) convertible




PSI Online Practice Life Exam
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