PSI Review Exam Questions and Answers
PSI Review Exam Questions and Answers Which of the following is true of a cancelable policy? - Answer-All unearned premiums must be returned to the insured. In which of the following must a beneficiary change request be filled in writing to the insurer and is made effective by the insurance company recording the change in its records? - Answer-Recording method What is the waiver of premium provision? - Answer-In a long term care contract, the premium is waived after the insured has been confined for a specific period of time. What does it mean if a health policy is optionally renewable? - Answer-Insurer may elect NOT to renew for any reason only on the policy anniversary or premium due date. Which of the following determines whether a person passes the financial test to qualify for Medicaid? - Answer-State law
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- Institution
- PSI LIFE INSUARANCE
- Module
- PSI LIFE INSUARANCE
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- March 27, 2024
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psi review exam questions and answers
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a basic vision care package includes all of the fo
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difference between a copayment and coinsurance
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is exempted from the incontestability provision in
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