CA PSI SITE LIFE ACCIDENT AND HEALTH OR
SICKNESS EXAM (LIFE AGENT) LATEST 2025 REAL
EXAM COMPLETE 200 QUESTIONS AND CORRECT
DETAILS (VERIFIED ANSWERS) |ALREADY GRADED
A+
If a company provides group disability insurance to its employees,
which of the following may be tax-deductible? - <<<answer>>>-the
premiums paid by the company as a business expense
Which annuity settlement option provides a stated monthly amount to
the annuitant and upon the annuitant's death the same or a lesser
amount paid for the lifetime of the survivor? - <<<answer>>>-Joint and
survivorship option
which of the following policy types is considered double indemnity -
<<<answer>>>-accidental death
How long after being entitled to disability benefits will an individual be
eligible to receive Medicare benefits? - <<<answer>>>-2 years
,which of the following is an example of a hospital indemnity plan -
<<<answer>>>-pays a fixed amount per day to the insured for each day
the insured is hospitalized
According to the time of payment of claims provisions, the insurer must
make the payment immediately after receiving proof of loss EXCEPT -
<<<answer>>>-For claims involving periodic payments
Which one of the following is particularly important to an insurance
producer to explain to a client upon delivery of a life insurance policy ? -
<<<answer>>>-Any exclusions
When would dependent children's benefits for social security disability
payments be scaled back ? - <<<answer>>>-when they cause the family
benefit to exceed the maximum benefit amount
In a case where an individual's health is insured by both their own
policy and their spouse's policy, which policy pays in the event of an
illness? - <<<answer>>>-The individual's policy pays first, the spouse's
policy pays the remaining up to coverage amount.
What is the waiver of premium provision? - <<<answer>>>-In a long
term care contract, the premium is waived after the insured has been
confined for a specific period of time.
, what is it called when an insurance company tries to recover from a
different insurance policy all part of its losses results from a claim -
<<<answer>>>-subrogation
all of the following are features of the spendthrift clause EXCEPT -
<<<answer>>>-the beneficiary may encumber the proceeds
which of the following is common in an increasing term life policy ? -
<<<answer>>>-It begins with little or no insurance protection.
which of the following is true of a cancelable policy ? - <<<answer>>>-
All unearned premiums must be returned to the insured.
all of the following are characteristics of cobra EXCEPT - <<<answer>>>-
change in medical privacy procedures.
which is an example of when an immediate annuity would be
appropriate ? - <<<answer>>>-upon receipt of large insurance proceeds
Which plan is most commonly paired with a High Deductible Health
Plan? - <<<answer>>>-Health Savings Account (HSA)
SICKNESS EXAM (LIFE AGENT) LATEST 2025 REAL
EXAM COMPLETE 200 QUESTIONS AND CORRECT
DETAILS (VERIFIED ANSWERS) |ALREADY GRADED
A+
If a company provides group disability insurance to its employees,
which of the following may be tax-deductible? - <<<answer>>>-the
premiums paid by the company as a business expense
Which annuity settlement option provides a stated monthly amount to
the annuitant and upon the annuitant's death the same or a lesser
amount paid for the lifetime of the survivor? - <<<answer>>>-Joint and
survivorship option
which of the following policy types is considered double indemnity -
<<<answer>>>-accidental death
How long after being entitled to disability benefits will an individual be
eligible to receive Medicare benefits? - <<<answer>>>-2 years
,which of the following is an example of a hospital indemnity plan -
<<<answer>>>-pays a fixed amount per day to the insured for each day
the insured is hospitalized
According to the time of payment of claims provisions, the insurer must
make the payment immediately after receiving proof of loss EXCEPT -
<<<answer>>>-For claims involving periodic payments
Which one of the following is particularly important to an insurance
producer to explain to a client upon delivery of a life insurance policy ? -
<<<answer>>>-Any exclusions
When would dependent children's benefits for social security disability
payments be scaled back ? - <<<answer>>>-when they cause the family
benefit to exceed the maximum benefit amount
In a case where an individual's health is insured by both their own
policy and their spouse's policy, which policy pays in the event of an
illness? - <<<answer>>>-The individual's policy pays first, the spouse's
policy pays the remaining up to coverage amount.
What is the waiver of premium provision? - <<<answer>>>-In a long
term care contract, the premium is waived after the insured has been
confined for a specific period of time.
, what is it called when an insurance company tries to recover from a
different insurance policy all part of its losses results from a claim -
<<<answer>>>-subrogation
all of the following are features of the spendthrift clause EXCEPT -
<<<answer>>>-the beneficiary may encumber the proceeds
which of the following is common in an increasing term life policy ? -
<<<answer>>>-It begins with little or no insurance protection.
which of the following is true of a cancelable policy ? - <<<answer>>>-
All unearned premiums must be returned to the insured.
all of the following are characteristics of cobra EXCEPT - <<<answer>>>-
change in medical privacy procedures.
which is an example of when an immediate annuity would be
appropriate ? - <<<answer>>>-upon receipt of large insurance proceeds
Which plan is most commonly paired with a High Deductible Health
Plan? - <<<answer>>>-Health Savings Account (HSA)
