CA- PSI- Life, Accident & Health Exam Questions with Correct Answers
CA- PSI- Life, Accident & Health Exam Questions with Correct Answers Guaranteed Insurability Rider - Answer-Allows insured to purchase additional amounts of coverage w/o evidence of insurability at specified dates in future (such as every 2 years) Who is annuity owner? - Answer-Person that purchases annuity Minimum # of employees required for group life insurance - Answer-10 An insurer can decide not to renew an Optionally Renewable policy - Answer-On premium due dates Agents Statement - Answer-Not included in "entire" contract Catastrophic Plans - Answer-Lower monthly premium, higher deductible Guaranteed Universal Life - Answer-No Cash Value. Retention by Individual - Answer-Maintaining assets at Death Selling Assets or Liquoudating would be raising Capital
Written for
- Institution
- PSI LIFE INSUARANCE
- Course
- PSI LIFE INSUARANCE
Document information
- Uploaded on
- March 27, 2024
- Number of pages
- 4
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
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ca psi life accident health exam questions wi
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simple plans answer for no more than 100
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federal liability risk retention act answer regu
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must sign an application for insurance
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