PSI: LIFE, ACCIDENT, AND HEALTH PRACTICE EXAM QUESTIONS WITH COMPLETE ANSWERS

PSI: LIFE, ACCIDENT, AND HEALTH PRACTICE EXAM QUESTIONS WITH COMPLETE ANSWERS What is a MIB report? - Answer- Medical information on an applicant for assessing life or health insurance risk. Obtaining consumer information reports under false pretenses is prosecutable by which of the following? - Answer- Fair Credit Reporting Act All of the following are classifications of risk EXCEPT? - Answer- Non-nicotine Which type of receipt makes the insurer liable for the risk from the date of application, regardless of the applicant's insurability? - Answer- Binding receipt If the insurer wishes to share an applicant's HIV status, the applicant must be given full notice of all of the following EXCEPT? - Answer- The treatment procedures that are covered by the policy.