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Exam (elaborations)

PSI Practice Test exam 2023 with 100% correct answers

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Which is an inaccurate statement regarding blanket life insurance? - correct answer -The policy is for the benfit if rhe policy holder. True: Premim is remitted by the policyholder. The insurance is written under policy issued to a newspaper or magazine or other periodical. The policy insured without any requirement of individual enrollment or individual commitment. Which of the following regarding the pre-existing condition PCIP is true? - correct answer -The state of California has transitioned their PCIP to the Federal early run PCIP. False: Has expanded as a requirement of the fordable care act. Is an integral component of the affordable care act. Allows California residents to enroll in the program regardless of health. After what time period is the policy considered to have been delivered and in an acceptable way if premiums have been paid? - correct answer -After six months if the premiums have been paid. In which situation is a person or other entity that provides coverage for medical expenses not subject to the jurisdiction of the insurance department? - correct answer -When they are subject to the jurisdiction of anoth

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Written in
2023/2024
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