CA PSI-LIFE, ACCIDENT, AND HEALTH OR SICKNESS PRACTICE EXAM updated Questions with 100% Correct Answers | Updated & Verified

Which of the following is TRUE of a point of service plan - CORRECT ANSWER-A patient's care is coordinated by an in-network primary care physician. In a Level term life policy, which always remains constant ? - CORRECT 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 ? - CORRECT ANSWER-insuring clause In a home healthcare benefit, all of the following are eligible expenses EXCEPT - CORRECT ANSWER-blood transfusions in noncontributory plans, which percentage of eligible members must participate? - CORRECT ANSWER-1 How are issues of ambiguity usually resolved because insurance contracts are contracts of adhesion? - CORRECT 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? - CORRECT 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 - CORRECT ANSWER-long term care rider All life insurance and h