PSI - NY Life, Accident and Health Practice Exam 17-55

PSI - NY Life, Accident and Health Practice Exam 17 -55 Which iipolicy iiprovision iipermits iithe iipolicy iiowner iito iitake iia iispecified iinumber iiof iidays iito iiexamine iithe iicontract, iiand iiallows iifor iicancellation iiand iia iifull iirefund iiif iithe iipolicy iiowner iirejects iithe iiterms iior iicosts? ii- ii ii iiFree iiLook ii iiWhen iiwill iia iipolicy iipay iion iia iiUCR iibasis? ii- ii ii iiWhen iiparticular iibenefits iiare iinot iilisted iion iia iipayment iischedule ii iiWhich iitype iiof iirider iireimburses iihealth iiand iisocial iiservice iiexpenses iiincurred iiin iia iiconvalescent iior iinursing iihome iifacility? ii- ii ii iilong iiterm iicare iirider ii iiWhich iiof iithe iifollowing iiis iiexempted iifrom iithe iiincontestability iiprovision iiin iiinsurance iipolicies? ii- ii ii iiFraudulent iimisstatements ii iiWhat iidoes iifirst iidollar iicoverage iimean? ii- ii ii iiAs iisoon iias iicovered iimedical iiexpenses iiare iiincurred, iithe iipolicy iibegins iito iipay ii iiWhat iiis iithe iiwaiver iiof iipremium iiprovision? ii- ii ii iiIn iia iilong iiterm iicare iicontract, iithe iipremium iiis iiwaived iiafter iithe iiinsured iihas iibeen iiconfined iifor iia iispecific iiperiod iiof iitime ii iiAccording iito iithe iiTime iiPayment iiof iiClaims iiprovision, iithe iiinsurer iimust iimake iithe iipayment iiimmediately iiafter iireceiving iiproof iiof iiloss iiEXCEPT ii- ii ii iifor iiclaims iiinvolving iiperiodic iipayments ii iiWhich iiis iia iidisadvantage iito iia iiflexible iipremium iiannuity? ii- ii ii iithe iiactual iiamount iiof iithe iiannuity iibenefit iicannot iibe iidetermined iiin iiadvance ii iiWhen iia iipolicy iior iicertificate iicontaining iian iiaccelerated iibenefit iiprovision iiis iiapplied iifor iior iidelivered, iithe iiproducer iiis iiresponsible iifor iiproviding iithat iiapplicant iia iisummary iiof iicoverage iithat iiincludes iiall iiof iithe iifollowing iiEXCEPT ii- ii ii iia iidetailed iiand iicomprehensive iisummary iiof iithe iiaccelerated iibenefit ii iiwhich iione iiof iithe iifollowing iirepresents iian iiadvantage iiof iiobtaining iia iipolicy iiloan iiversus iia iiwithdrawal? ii- ii ii iithe iiloan iiis iinot iitaxed iiwhile iia iiwithdrawal iiis iitaxed iifor iiamounts iiabove iithe iicontract iicost iibasis ii iiHow iidoes iia iinoncancelable iipolicy iidiffer iifrom iia iiguaranteed iirenewable iipolicy? ii- ii ii iiwith iithe iinon iicancelable iipolicy iithe iiinsurer iimay iiincrease iipremiums iionly iibased iion iithe iiterms iiof iithe iipolicy ii iiWhat iidoes iiit iimean iiif iia iihealth iipolicy iiis iiconditionally iirenewable? ii- ii ii iiInsurer iimay iielect iiNOT iito iirenew iionly iiunder iithe iiconditions iispecified iiin iithe iipolicy ii iiWhen iithe iisuicide iiclause iiis iiinserted iiin iia iilife iiinsurance iicontract, iideath iiby iisuicide iiis iinot iicovered iiduring iithe iipolicy's iiinitial: ii- ii ii ii2 iiyear iiperiod ii iiWhat iidoes iicoinsurance iimean? ii- ii ii iiThe iiinsurer iiand iithe iiinsured iishare iiexpenses iiover iithe iideductible. ii iiWhich iiof iithe iifollowing iimust iibe iigiven iito iithe iiinsurer iiwithin ii20 iidays iiafter iioccurrence iior iicommencement iiof iiany iiloss iicovered iiby iithe iipolicy, iior iias iisoon iithereafter iias iiis iireasonably iipossible? ii- ii ii iiNotice iiof iiclaim ii iiThe iiright iito iichange iithe iibeneficiary iior iidispose iiof iithe iipolicy iior iiits iibenefits iiin iiany iimanner iione iichooses iiis iireserved iito iithe iipolicy iiowner iiUNLESS iiwhich iiof iithe iifollowing iiis iitrue? ii- ii ii iiThe iipolicy iiowner iihas iinamed iian iiirrevocable iibeneficiary ii iiWhich iiof iithe iifollowing iirefers iito iihow iioften iia iipremium iiis iipaid? ii- ii ii iiMode ii iiAll iiof iithe iifollowing iiare iicommon iiexclusions iifrom iiloss iifound iiin iidisability iiincome iipolicies iiEXCEPT iifor iithat iiincurred iiwhile ii- ii ii iiCommitting iia iimisdemeanor ii iiAt iiwhich iipoint iiare iicontractual iideath iibenefit iisettlement iioptions iidetermined iiand iiby iiwhom iiare iithey iidetermined? ii- ii ii iiAt iithe iitime iithe iipolicy iiis iipurchased iiby iithe iiowner iiof iithe iipolicy ii iiAll iiof iithe iifollowing iiare iiownership iirights iiEXCEPT ii- ii ii iiSwitching iithe iipolicy iifrom iione iiinsured iito iianother ii iiAll iiof iithe iifollowing iiare iiTRUE iiregarding iiincomplete iiapplications iiEXCEPT ii- ii ii iiThe iiincomplete iiapplication iican iibe iiaccepted iiwith iithe iimissing iiinformation iiadded iilater ii iiA iiconsumer iireport iiused iito iidetermine iieligibility iifor iiinsurance iimay iiinclude iiall iiof iithe iifollowing iiEXCEPT ii- ii ii iiMedical iiunderwriting iiexam ii iiAll iiof iithe iifollowing iiare iirequired iisignatures iion iia iilife iiinsurance iiapplication iiEXCEPT ii- ii ii iiThe iiminor iiin iia iijuvenile iipolicy ii iiWhy iiare iiinsurance iipolicies iiconsidered iiconditional iicontracts? ii- ii ii iiCertain iiconditions iineed iito iibe iimet iito iimake iithe iicontract iilegally iienforceable. ii iiWhen iidoes iiinsurable iiinterest iicome iiinto iiplay iiin iia iilife iiinsurance iipolicy? ii- ii ii iiwhen iithe iiapplicant iifor iithe iipolicy iiis iinot iithe iiinsured ii iiWhich iiof iithe iifollowing iioccurs iiimmediately iiafter iithe iiapplication iiis iisubmitted iiand iithe iiinitial iipremium iipaid? ii- ii ii iithe iiunderwriting iiprocess iibegins ii iiObtaining iiconsumer iiinformation iireports iiunder iifalse iipretenses iiis iiprosecutable iiby iiwhich iiof iithe iifollowing? ii- ii ii iiFair iiCredit iiReporting iiAct ii iiWhat iiis iithe iipurpose iiof iiStranger -originated iilife iiinsurance ii(STOLI)? ii- ii ii iithe iipolicy iiis iioriginated iiprimarily iior iisolely iifor iithe iipurpose iiof iiresale ii iiAll iiof iithe iifollowing iiare iiclassifications iiof iirisk iiEXCEPT ii- ii ii iinon-nicotine