CA PSI LIFE ACCIDENT AND HEALTH
UPDATED SCRIPT 2026 PRACTICE
SOLUTIONS GRADED A+
● In a Level term life policy, which always remains constant ?. Answer:
death benefit
● which part of an insurance contract contains the promise to pay losses
covered by the policy in exchange for the insureds premium and
compliance with policy terms ?. Answer: insuring clause
● In a home healthcare benefit, all of the following are eligible expenses
EXCEPT. Answer: blood transfusions
● in noncontributory plans, which percentage of eligible members must
participate?. Answer: 1
● How are issues of ambiguity usually resolved because insurance
contracts are contracts of adhesion?. Answer: In favor of the insured
because the insurance company drafts the language in the contract.
● Why is the accidental death benefit referred to as double indemnity?.
Answer: It provides twice the face value in the policy for death due to
accident.
, ● which types of rider reimburses health and social service expenses
incurred in a convalescent or nursing home facility. Answer: long term
care rider
● All life insurance and health insurance contracts contain all of the
following EXCEPT. Answer: representations
● all of the following are requirements to qualify for social security
disability benefits except when. Answer: unable to work in occupation in
which the worker was trained or educated.
● what is the order in which beneficiaries receive proceeds from a life
insurance policy ?. Answer: succession of beneficiaries
● If a company provides group disability insurance to its employees,
which of the following may be tax-deductible?. Answer: the premiums
paid by the company as a business expense
● Which annuity settlement option provides a stated monthly amount to
the annuitant and upon the annuitant's death the same or a lesser amount
paid for the lifetime of the survivor?. Answer: Joint and survivorship
option
UPDATED SCRIPT 2026 PRACTICE
SOLUTIONS GRADED A+
● In a Level term life policy, which always remains constant ?. Answer:
death benefit
● which part of an insurance contract contains the promise to pay losses
covered by the policy in exchange for the insureds premium and
compliance with policy terms ?. Answer: insuring clause
● In a home healthcare benefit, all of the following are eligible expenses
EXCEPT. Answer: blood transfusions
● in noncontributory plans, which percentage of eligible members must
participate?. Answer: 1
● How are issues of ambiguity usually resolved because insurance
contracts are contracts of adhesion?. Answer: In favor of the insured
because the insurance company drafts the language in the contract.
● Why is the accidental death benefit referred to as double indemnity?.
Answer: It provides twice the face value in the policy for death due to
accident.
, ● which types of rider reimburses health and social service expenses
incurred in a convalescent or nursing home facility. Answer: long term
care rider
● All life insurance and health insurance contracts contain all of the
following EXCEPT. Answer: representations
● all of the following are requirements to qualify for social security
disability benefits except when. Answer: unable to work in occupation in
which the worker was trained or educated.
● what is the order in which beneficiaries receive proceeds from a life
insurance policy ?. Answer: succession of beneficiaries
● If a company provides group disability insurance to its employees,
which of the following may be tax-deductible?. Answer: the premiums
paid by the company as a business expense
● Which annuity settlement option provides a stated monthly amount to
the annuitant and upon the annuitant's death the same or a lesser amount
paid for the lifetime of the survivor?. Answer: Joint and survivorship
option
