PSI Life, Accident, Health Practice Exam Questions and Answers
100% Correct
1. Which is an ACCURATE statement regarding benefits of Medicare supple-
h h h h h h h h h
ment and Medicare select plans?
h h h h h
1
The insurer is able to cancel, or deny renewal of an existing policy, based solely on the heal
h h h h h h h h h h h h h h h h h
h of the insured.
h h h
2
There is no restriction for benefits after the coverage has been in effect for six months when
h h h h h h h h h h h h h h h h
volving a preexisting condition.
h h h
3
The coverage for a loss from an illness or disease is treated differently than for a loss resu
h h h h h h h h h h h h h h h h h
lting from an injury due to an accident.
h h h h h h h
4
The coverage for a spouse cannot be terminated for any reason, including for nonpayment o
h h h h h h h h h h h h h h
premiums.: 2 h
There is no restriction for benefits after the coverage has been in effect for six months when involv
h h h h h h h h h h h h h h h h h
g a preexisting condition.
h h h
2. How is the insurance commissioner chosen?
h h h h h
1
Elected by the people. 2 h h h h
Appointed by the Governor 3 h h h h
Selected by a vote in the House and the Senate. 4
h h h h h h h h h h
Randomly selected from a list of qualified candidates.: 1 Elected by the p
h h h h h h h h h h h h
eople.
3. An insurance agent is a person who transacts all of the following types of insurance EX
h h h h h h h h h h h h h h h
CEPT:
1h/h72
,1
annuities.
2
homeowners.
3
auto insurance. 4
h h
2h/h72
,life insurance.: 4 lif
h h h
e insurance.
h
4. The California Legislature declared all of the following when creating the Healthy Fa
h h h h h h h h h h h h
milies Program EXCEPT: h h
1
that most uninsured children come from low-income families. 2
h h h h h h h h
lack of educational resources for children and their parents leads to increased medical expe
h h h h h h h h h h h h h
ses.
3
that lack of insurance coverage for children results in reduced access to medical services
h h h h h h h h h h h h h
4
when a child is seriously ill or injured, the costs of needed medical care can force families
h h h h h h h h h h h h h h h h
to financial ruin.: 2
h h h
lack of educational resources for children and their parents leads to increased medical expen
h h h h h h h h h h h h h
s.
5. Which of the following BEST defines the general concept of the 24-hour care plan?
h h h h h h h h h h h h h
1
It integrates workers compensation medical care with the care provided by group health in
h h h h h h h h h h h h h
urance.
2
It provides immediate medical care from any source for injuries on which occur on the job
h h h h h h h h h h h h h h h
.
3
It permits non job related injuries to be treated through the worker?s compen-
h h h h h h h h h h h h
hsation program. h
4
It pays any medical bill from a job related injury for services within the first 24 hours of the in
h h h h h h h h h h h h h h h h h h h
ury.: 1 h
It integrates workers compensation medical care with the care provided by group health insura
h h h h h h h h h h h h h
3h/h72
, ce.
6. How does an "admitted" person differ from an "nonadmitted" person, as it pertains to i
h h h h h h h h h h h h h h
nsurance?
1
4h/h72
100% Correct
1. Which is an ACCURATE statement regarding benefits of Medicare supple-
h h h h h h h h h
ment and Medicare select plans?
h h h h h
1
The insurer is able to cancel, or deny renewal of an existing policy, based solely on the heal
h h h h h h h h h h h h h h h h h
h of the insured.
h h h
2
There is no restriction for benefits after the coverage has been in effect for six months when
h h h h h h h h h h h h h h h h
volving a preexisting condition.
h h h
3
The coverage for a loss from an illness or disease is treated differently than for a loss resu
h h h h h h h h h h h h h h h h h
lting from an injury due to an accident.
h h h h h h h
4
The coverage for a spouse cannot be terminated for any reason, including for nonpayment o
h h h h h h h h h h h h h h
premiums.: 2 h
There is no restriction for benefits after the coverage has been in effect for six months when involv
h h h h h h h h h h h h h h h h h
g a preexisting condition.
h h h
2. How is the insurance commissioner chosen?
h h h h h
1
Elected by the people. 2 h h h h
Appointed by the Governor 3 h h h h
Selected by a vote in the House and the Senate. 4
h h h h h h h h h h
Randomly selected from a list of qualified candidates.: 1 Elected by the p
h h h h h h h h h h h h
eople.
3. An insurance agent is a person who transacts all of the following types of insurance EX
h h h h h h h h h h h h h h h
CEPT:
1h/h72
,1
annuities.
2
homeowners.
3
auto insurance. 4
h h
2h/h72
,life insurance.: 4 lif
h h h
e insurance.
h
4. The California Legislature declared all of the following when creating the Healthy Fa
h h h h h h h h h h h h
milies Program EXCEPT: h h
1
that most uninsured children come from low-income families. 2
h h h h h h h h
lack of educational resources for children and their parents leads to increased medical expe
h h h h h h h h h h h h h
ses.
3
that lack of insurance coverage for children results in reduced access to medical services
h h h h h h h h h h h h h
4
when a child is seriously ill or injured, the costs of needed medical care can force families
h h h h h h h h h h h h h h h h
to financial ruin.: 2
h h h
lack of educational resources for children and their parents leads to increased medical expen
h h h h h h h h h h h h h
s.
5. Which of the following BEST defines the general concept of the 24-hour care plan?
h h h h h h h h h h h h h
1
It integrates workers compensation medical care with the care provided by group health in
h h h h h h h h h h h h h
urance.
2
It provides immediate medical care from any source for injuries on which occur on the job
h h h h h h h h h h h h h h h
.
3
It permits non job related injuries to be treated through the worker?s compen-
h h h h h h h h h h h h
hsation program. h
4
It pays any medical bill from a job related injury for services within the first 24 hours of the in
h h h h h h h h h h h h h h h h h h h
ury.: 1 h
It integrates workers compensation medical care with the care provided by group health insura
h h h h h h h h h h h h h
3h/h72
, ce.
6. How does an "admitted" person differ from an "nonadmitted" person, as it pertains to i
h h h h h h h h h h h h h h
nsurance?
1
4h/h72
