The Pennsylvania State University
s; s; s;
Life Insurance
s;
Life,s;Accident,s;ands;Healths;Insurances;Practices;Mocks;Examination
Pages Totals;marks Sections Questions
48 100 4 49
Sections;1:s; Multiples;Choices;Questions 20s;questions 40s;totals;marks
Sections;2:s; True/Falses;Questions 20s;questions 20s;totals;marks
Sections;3:s ; Shorts;Answers;Questions 5s;questions 20s;totals;marks
Sections;4:s ; Longs;Answers;Questions 4s;questions 20s;totals;marks
Names ; Students;ids ;
Date Signature
Hows;tos;uses;thiss;exam
1 Sets;as;timers;ands;completes;thiss;practices;exams;unders;reals;exams;conditions.s; Nos;notess;ors;externals;help.
2 Answers;alls;questionss;carefully.s; Reviews;yours;answerss;befores;finishing.
3 Manages;yours;times;wiselys;ands;ensures;yous;answers;alls;questionss;befores;times;runss;out.
,Sections;1/4 40s;Markss;total
Sections;1:s; Multiples;Choices;Questions
Selects;thes;mosts;appropriates;answers;fors;eachs;question.s; Eachs;questions;iss;worths;2s;marks.
Questions;1 2s;marks
As;lifes;insurances;companys;iss;incorporateds;ins;Toronto,s;Canada,s;ands;iss;licenseds;tos;sells;policiess;ins;News;York.s; Ins;th
es;contexts;ofs;thes;News;Yorks;insurances;market,s;hows;iss;thiss;companys;classified?
⃝s ; As ; Domestics;Insurer
⃝s ; Bs ; Foreigns;Insurer
⃝s ; Cs ; Aliens;Insurer
⃝s ; Ds ; Surpluss;Liness;Insurer
Questions;2 2s;marks
Insurances;contractss;ares;describeds;ass;’Aleatory’s;becauses;theys;involves;whichs;ofs;thes;followings;characteristics?
⃝s ; As ; Onlys;ones;partys;makess;as;legallys;enforceables;promise.
⃝s ; Bs ; Thes;contracts;iss;drafteds;bys;ones;partys;withs;nos;negotiations;allowed.
⃝s ; Cs ; Theres;iss;ans;unequals;exchanges;ofs;values;betweens;thes;parties.
⃝s ; Ds ; Thes;contracts;dependss;ons;thes;occurrences;ofs;as;specifics;condition.
Scans;tos;opens;ons;Studoc
us;Downloadeds;bys;Greats;Minds;(/48
m)2
,Questions;3 2s;marks
Whats;iss;thes;standards;graces;periods;requireds;ins;News;Yorks;fors;as;healths;insurances;policys;wheres;premiumss;ar
es;paids;ons;as;monthlys;basis?
⃝s ; As ; 7s;days
⃝s ; Bs ; 10s;days
⃝s ; Cs ; 31s;days
⃝s ; Ds ; 60s;days
Questions;4 2s;marks
Unders;thes;Incontestables;Clause,s;afters;hows;manys;yearss;iss;ans;insurers;generallys;barreds;froms;challengings;thes;vali
ditys;ofs;as;lifes;insurances;policys;baseds;ons;applications;misstatements?
⃝s ; As ; 1s;year
⃝s ; Bs ; 2s;years
⃝s ; Cs ; 5s;years
⃝s ; Ds ; 10s;years
Questions;5 2s;marks
As;beneficiarys;choosess;as;settlements;options;wheres;thes;insurers;retainss;thes;deaths;benefits;ands;payss;outs;onlys;thes;earning
ss;generateds;bys;thes;principal.s;Thiss;iss;knowns;as:
⃝s ; As ; Fixeds;Periods;option
⃝s ; Bs ; Fixeds;Amounts;option
⃝s ; Cs ; Lifes;Incomes;option
⃝s ; Ds ; Interests;Onlys;option
Scans;tos;opens;ons;Studoc
us;Downloadeds;bys;Greats;Minds;(/48
m)3
, Questions;6 2s;marks
Ins;Long-
Terms;Cares;(LTC)s;insurance,s;whichs;ofs;thes;followings;servess;ass;as;primarys;’trigger’s;fors;thes;commencements;ofs;be
nefits?
⃝s ; As ; Reachings;ages;65
⃝s ; Bs ; Inabilitys;tos;performs;Activitiess;ofs;Dailys;Livings;(ADLs)
⃝s ; Cs ; Exhaustions;ofs;Medicares;Parts;As;benefits
⃝s ; Ds ; Admissions;tos;ans;intensives;cares;unit
Questions;7 2s;marks
Whichs;parts;ofs;thes;Medicares;programs;specificallys;coverss;physicians;servicess;ands;outpatients;care?
⃝s ; As ; Parts;A
⃝s ; Bs ; Parts;B
⃝s ; Cs ; Parts;C
⃝s ; Ds ; Parts;D
Questions;8 2s;marks
Ans;insurers;thats;iss;owneds;bys;itss;policyholderss;ands;issuess;participatings;policiess;thats;pays;dividendss;iss;classifi
eds;ass;a:
⃝s ; As ; Stocks;Insurer
⃝s ; Bs ; Mutuals;Insurer
⃝s ; Cs ; Reciprocals;Insurer
⃝s ; Ds ; Fraternals;Benefits;Society
Scans;tos;opens;ons;Studoc
us;Downloadeds;bys;Greats;Minds;(/48
m)4
s; s; s;
Life Insurance
s;
Life,s;Accident,s;ands;Healths;Insurances;Practices;Mocks;Examination
Pages Totals;marks Sections Questions
48 100 4 49
Sections;1:s; Multiples;Choices;Questions 20s;questions 40s;totals;marks
Sections;2:s; True/Falses;Questions 20s;questions 20s;totals;marks
Sections;3:s ; Shorts;Answers;Questions 5s;questions 20s;totals;marks
Sections;4:s ; Longs;Answers;Questions 4s;questions 20s;totals;marks
Names ; Students;ids ;
Date Signature
Hows;tos;uses;thiss;exam
1 Sets;as;timers;ands;completes;thiss;practices;exams;unders;reals;exams;conditions.s; Nos;notess;ors;externals;help.
2 Answers;alls;questionss;carefully.s; Reviews;yours;answerss;befores;finishing.
3 Manages;yours;times;wiselys;ands;ensures;yous;answers;alls;questionss;befores;times;runss;out.
,Sections;1/4 40s;Markss;total
Sections;1:s; Multiples;Choices;Questions
Selects;thes;mosts;appropriates;answers;fors;eachs;question.s; Eachs;questions;iss;worths;2s;marks.
Questions;1 2s;marks
As;lifes;insurances;companys;iss;incorporateds;ins;Toronto,s;Canada,s;ands;iss;licenseds;tos;sells;policiess;ins;News;York.s; Ins;th
es;contexts;ofs;thes;News;Yorks;insurances;market,s;hows;iss;thiss;companys;classified?
⃝s ; As ; Domestics;Insurer
⃝s ; Bs ; Foreigns;Insurer
⃝s ; Cs ; Aliens;Insurer
⃝s ; Ds ; Surpluss;Liness;Insurer
Questions;2 2s;marks
Insurances;contractss;ares;describeds;ass;’Aleatory’s;becauses;theys;involves;whichs;ofs;thes;followings;characteristics?
⃝s ; As ; Onlys;ones;partys;makess;as;legallys;enforceables;promise.
⃝s ; Bs ; Thes;contracts;iss;drafteds;bys;ones;partys;withs;nos;negotiations;allowed.
⃝s ; Cs ; Theres;iss;ans;unequals;exchanges;ofs;values;betweens;thes;parties.
⃝s ; Ds ; Thes;contracts;dependss;ons;thes;occurrences;ofs;as;specifics;condition.
Scans;tos;opens;ons;Studoc
us;Downloadeds;bys;Greats;Minds;(/48
m)2
,Questions;3 2s;marks
Whats;iss;thes;standards;graces;periods;requireds;ins;News;Yorks;fors;as;healths;insurances;policys;wheres;premiumss;ar
es;paids;ons;as;monthlys;basis?
⃝s ; As ; 7s;days
⃝s ; Bs ; 10s;days
⃝s ; Cs ; 31s;days
⃝s ; Ds ; 60s;days
Questions;4 2s;marks
Unders;thes;Incontestables;Clause,s;afters;hows;manys;yearss;iss;ans;insurers;generallys;barreds;froms;challengings;thes;vali
ditys;ofs;as;lifes;insurances;policys;baseds;ons;applications;misstatements?
⃝s ; As ; 1s;year
⃝s ; Bs ; 2s;years
⃝s ; Cs ; 5s;years
⃝s ; Ds ; 10s;years
Questions;5 2s;marks
As;beneficiarys;choosess;as;settlements;options;wheres;thes;insurers;retainss;thes;deaths;benefits;ands;payss;outs;onlys;thes;earning
ss;generateds;bys;thes;principal.s;Thiss;iss;knowns;as:
⃝s ; As ; Fixeds;Periods;option
⃝s ; Bs ; Fixeds;Amounts;option
⃝s ; Cs ; Lifes;Incomes;option
⃝s ; Ds ; Interests;Onlys;option
Scans;tos;opens;ons;Studoc
us;Downloadeds;bys;Greats;Minds;(/48
m)3
, Questions;6 2s;marks
Ins;Long-
Terms;Cares;(LTC)s;insurance,s;whichs;ofs;thes;followings;servess;ass;as;primarys;’trigger’s;fors;thes;commencements;ofs;be
nefits?
⃝s ; As ; Reachings;ages;65
⃝s ; Bs ; Inabilitys;tos;performs;Activitiess;ofs;Dailys;Livings;(ADLs)
⃝s ; Cs ; Exhaustions;ofs;Medicares;Parts;As;benefits
⃝s ; Ds ; Admissions;tos;ans;intensives;cares;unit
Questions;7 2s;marks
Whichs;parts;ofs;thes;Medicares;programs;specificallys;coverss;physicians;servicess;ands;outpatients;care?
⃝s ; As ; Parts;A
⃝s ; Bs ; Parts;B
⃝s ; Cs ; Parts;C
⃝s ; Ds ; Parts;D
Questions;8 2s;marks
Ans;insurers;thats;iss;owneds;bys;itss;policyholderss;ands;issuess;participatings;policiess;thats;pays;dividendss;iss;classifi
eds;ass;a:
⃝s ; As ; Stocks;Insurer
⃝s ; Bs ; Mutuals;Insurer
⃝s ; Cs ; Reciprocals;Insurer
⃝s ; Ds ; Fraternals;Benefits;Society
Scans;tos;opens;ons;Studoc
us;Downloadeds;bys;Greats;Minds;(/48
m)4
