PRACTICE EXAM QUESTIONS WITH
100% CORRECT ANSWERS
, PSI: LIFE, ACCIDENT, AND HEALTH
PRACTICE EXAM QUESTIONS WITH
100% CORRECT ANSWERS
A basic vision care package includes all of the following EXCEPT? - Answer ✓✓Safety
glasses
A consumer report used to determine eligibility for insurance may include all of the
following EXCEPT? - Answer ✓✓Medical Underwriting exam.
A group conversion option may be used in all the following instances EXCEPT? -
Answer ✓✓A life-changing event, such as marriage, divorce, or childbirth.
All of the following are characteristics of COBRA EXCEPT? - Answer ✓✓Change in
medical privacy procedures.
All of the following are characteristics of variable whole life EXCEPT? - Answer ✓✓
There is no guaranteed minimum death benefit.
All of the following are classifications of risk EXCEPT? - Answer ✓✓Non-nicotine
All of the following are common exclusions from loss found in disability income policies
EXCEPT for that incurred while? - Answer ✓✓Committing a misdemeanor
All of the following are non-forfeiture options EXCEPT - Answer ✓✓Cash dividend
option.
All of the following are required signatures on a life insurance application EXCEPT? -
Answer ✓✓The minor in a juvenile policy.
All of the following are requirements to qualify for Social Security disability benefits
EXCEPT when - Answer ✓✓Unable to work in occupation on which the worker was
trained or educated.
All of the following are tax qualified retirement plans EXCEPT? - Answer ✓✓Section
529 plan.
All of the following are TRUE regarding incomplete applications EXCEPT? - Answer ✓
✓The incomplete application can be accepted with the missing information added later.