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

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


A basic vision care package includes all of the following
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EXCEPT? ...ANSWER... Safety glasses
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A consumer report used to determine eligibility for insurance may
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include all of the following EXCEPT? ...ANSWER... Medical
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Underwriting exam.
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A group conversion option may be used in all the following
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instances EXCEPT? ...ANSWER... A life-changing event, such
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as marriage, divorce, or childbirth.
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All of the following are characteristics of COBRA EXCEPT?
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...ANSWER... Change in medical privacy procedures.
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All of the following are characteristics of variable whole life
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EXCEPT? ...ANSWER... There is no guaranteed minimum
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death benefit.
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All of the following are classifications of risk EXCEPT?
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...ANSWER... Non-nicotine
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, All of the following are common exclusions from loss found in
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disability income policies EXCEPT for that incurred while?
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...ANSWER... Committing a misdemeanor
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All of the following are non-forfeiture options EXCEPT
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...ANSWER... Cash dividend option.
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All of the following are required signatures on a life insurance
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application EXCEPT? ...ANSWER... The minor in a juvenile
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policy.
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All of the following are requirements to qualify for Social
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Security disability benefits EXCEPT when ...ANSWER...
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Unable to work in occupation on which the worker was trained
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or educated.
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All of the following are tax qualified retirement plans EXCEPT?
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...ANSWER... Section 529 plan.
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All of the following are TRUE regarding incomplete applications
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EXCEPT? ...ANSWER... The incomplete application can be
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accepted with the missing information added later.
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All of the following statements define preexisting conditions
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EXCEPT? ...ANSWER... Any chronic health condition that
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presents symptoms and which was unknown at the time of
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application.
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