PSI LIFE, ACCIDENT, HEALTH PRACTICE
EXAM STUDY GUIDE
PSI LIFE, ACCIDENT, HEALTH
PRACTICE EXAM STUDY GUIDE.
GRADED A+. QUESTIONS AND
100% VERIFIED ANSWERS.
LATEST UPDATE
Which is an ACCURATE statement regarding benefits of Medicare supplement and
Medicare select plans?
1
The insurer is able to cancel, or deny renewal of an existing policy, based solely on
the health of the insured.
2
There is no restriction for benefits after the coverage has been in effect for six
months when involving a preexisting condition.
3
The coverage for a loss from an illness or disease is treated differently than for a
loss resulting from an injury due to an accident.
4
The coverage for a spouse cannot be terminated for any reason, including for
nonpayment of premiums. Correct Answer: 2
There is no restriction for benefits after the coverage has been in effect for six
months when involving a preexisting condition.
How is the insurance commissioner
chosen? 1
Elected by the
,PSI LIFE, ACCIDENT, HEALTH PRACTICE
EXAM STUDY GUIDE
people. 2
Appointed by the
Governor 3
Selected by a vote in the House and the
Senate. 4
Randomly selected from a list of qualified candidates. Correct
Answer: 1 Elected by the people.
An insurance agent is a person who transacts all of the following types of
insurance EXCEPT:
,PSI LIFE, ACCIDENT, HEALTH PRACTICE
EXAM STUDY GUIDE
1
annuitie
s.
2
homeowne
rs.
3
auto
insurance. 4
life insurance. Correct
Answer: 4 life insurance.
The California Legislature declared all of the following when creating the Healthy
Families Program EXCEPT:
1
that most uninsured children come from low-
income families. 2
lack of educational resources for children and their parents leads to increased
medical expenses. 3
that lack of insurance coverage for children results in reduced access to
medical services. 4
when a child is seriously ill or injured, the costs of needed medical care can force
families into financial ruin. Correct Answer: 2
lack of educational resources for children and their parents leads to increased
medical expenses. Which of the following BEST defines the general concept of the
24-hour care plan?
1
It integrates workers compensation medical care with the care provided by group
health insurance.
2
It provides immediate medical care from any source for injuries on which
occur on the job. 3
It permits non job related injuries to be treated through the worker?s
compensation program. 4
It pays any medical bill from a job related injury for services within the first 24
, PSI LIFE, ACCIDENT, HEALTH PRACTICE
EXAM STUDY GUIDE
hours of the injury. Correct Answer: 1
It integrates workers compensation medical care with the care provided by group
health insurance.
How does an "admitted" person differ from an "nonadmitted" person, as it
pertains to insurance? 1
An "admitted" person has admitted to a crime or fraud, while a "nonadmitted"
person has not. 2
EXAM STUDY GUIDE
PSI LIFE, ACCIDENT, HEALTH
PRACTICE EXAM STUDY GUIDE.
GRADED A+. QUESTIONS AND
100% VERIFIED ANSWERS.
LATEST UPDATE
Which is an ACCURATE statement regarding benefits of Medicare supplement and
Medicare select plans?
1
The insurer is able to cancel, or deny renewal of an existing policy, based solely on
the health of the insured.
2
There is no restriction for benefits after the coverage has been in effect for six
months when involving a preexisting condition.
3
The coverage for a loss from an illness or disease is treated differently than for a
loss resulting from an injury due to an accident.
4
The coverage for a spouse cannot be terminated for any reason, including for
nonpayment of premiums. Correct Answer: 2
There is no restriction for benefits after the coverage has been in effect for six
months when involving a preexisting condition.
How is the insurance commissioner
chosen? 1
Elected by the
,PSI LIFE, ACCIDENT, HEALTH PRACTICE
EXAM STUDY GUIDE
people. 2
Appointed by the
Governor 3
Selected by a vote in the House and the
Senate. 4
Randomly selected from a list of qualified candidates. Correct
Answer: 1 Elected by the people.
An insurance agent is a person who transacts all of the following types of
insurance EXCEPT:
,PSI LIFE, ACCIDENT, HEALTH PRACTICE
EXAM STUDY GUIDE
1
annuitie
s.
2
homeowne
rs.
3
auto
insurance. 4
life insurance. Correct
Answer: 4 life insurance.
The California Legislature declared all of the following when creating the Healthy
Families Program EXCEPT:
1
that most uninsured children come from low-
income families. 2
lack of educational resources for children and their parents leads to increased
medical expenses. 3
that lack of insurance coverage for children results in reduced access to
medical services. 4
when a child is seriously ill or injured, the costs of needed medical care can force
families into financial ruin. Correct Answer: 2
lack of educational resources for children and their parents leads to increased
medical expenses. Which of the following BEST defines the general concept of the
24-hour care plan?
1
It integrates workers compensation medical care with the care provided by group
health insurance.
2
It provides immediate medical care from any source for injuries on which
occur on the job. 3
It permits non job related injuries to be treated through the worker?s
compensation program. 4
It pays any medical bill from a job related injury for services within the first 24
, PSI LIFE, ACCIDENT, HEALTH PRACTICE
EXAM STUDY GUIDE
hours of the injury. Correct Answer: 1
It integrates workers compensation medical care with the care provided by group
health insurance.
How does an "admitted" person differ from an "nonadmitted" person, as it
pertains to insurance? 1
An "admitted" person has admitted to a crime or fraud, while a "nonadmitted"
person has not. 2
