PSI: LIFE, ACCIDENT, AND HEALTH
PRACTICE EXAM
A simple vision care bundle includes all the following EXCEPT? - ANS-Safety glasses
A patron report used to determine eligibility for insurance may also encompass all the
following EXCEPT? - ANS-Medical Underwriting examination.
A group conversion alternative may be used in all of the following times EXCEPT? - ANS-A
life-converting event, which includes marriage, divorce, or childbirth.
All of the following are characteristics of COBRA EXCEPT? - ANS-Change in clinical
privateness methods.
All of the subsequent are traits of variable complete existence EXCEPT? - ANS-There is not
any assured minimum demise gain.
All of the following are classifications of threat EXCEPT? - ANS-Non-nicotine
All of the following are commonplace exclusions from loss discovered in disability profits
policies EXCEPT for that incurred even as? - ANS-Committing a misdemeanor
All of the following are non-forfeiture alternatives EXCEPT - ANS-Cash dividend option.
All of the following are required signatures on a existence coverage utility EXCEPT? -
ANS-The minor in a juvenile coverage.
All of the following are requirements to qualify for Social Security disability blessings
EXCEPT whilst - ANS-Unable to paintings in occupation on which the worker was educated
or knowledgeable.
All of the following are tax certified retirement plans EXCEPT? - ANS-Section 529 plan.
All of the subsequent are TRUE concerning incomplete applications EXCEPT? - ANS-The
incomplete software may be established with the lacking information introduced later.
All of the following statements define preexisting situations EXCEPT? - ANS-Any continual
health condition that provides signs and which was unknown at the time of software.
Compared to fundamental sanatorium, medical and surgical policies, which kind of coverage
provides broader insurance, fewer gaps, higher person benefits, and higher policy
maximums? - ANS-Major health insurance.
, Current assumption whole life policies are sensitive to which of the following? - ANS-Interest
quotes
For an character lengthy-time period care coverage there is an annual greenback limit for tax
deduction that is primarily based on which of the subsequent? - ANS-Age
How do warranties range from representations? - ANS-A warranty is guaranteed to be
genuine, a illustration is believed to be true to the best of one's know-how.
How does a noncancelable policy fluctuate from a guaranteed renewable policy? - ANS-With
the noncancelable coverage the insurer may additionally boom premiums only primarily
based on the phrases of the policy.
How does the in step with captia rule practice to proceeds from a existence insurance
coverage? - ANS-The proceeds are divided equally among living number one beneficiaries.
How lengthy after being entitled to incapacity benefits will an individual be eligible to receive
Medicare advantages? - ANS-2 years
If the insurer wishes to share an applicant's HIV status, the applicant have to take delivery of
complete notice of all the following EXCEPT? - ANS-The remedy methods that are covered
via the policy.
In a case wherein an individual's health is insured via both their own coverage and their
spouse's coverage, which policy will pay within the event of an infection? - ANS-The man or
woman's policy can pay first, the spouse's policy pay the remaining as much as insurance
quantity.
In a home healthcare advantage, all the following are eligible costs EXCEPT? - ANS-Blood
Transfusions
In noncontributory plans, which percent of eligible contributors ought to participate? -
ANS-one hundred%
In which of the subsequent does a covered worker conform to a reduction in repayment so
the amount can be used to cover clinical expenses? - ANS-Flexible Spending Account (FSA)
Managed care plans growth performance by means of all of the following approach
EXCEPT? - ANS-Transferring the management of charges to the insureds.
Obtaining patron information reviews underneath false pretenses is prosecutable via which
of the subsequent? - ANS-Fair Credit Reporting Act
Short term incapacity coverage typically handiest covers injuries due to which of the
following? - ANS-Non-occupational injuries.
State generally define a real "Group" for insurance as requiring at least what number of
contributors? - ANS-10
PRACTICE EXAM
A simple vision care bundle includes all the following EXCEPT? - ANS-Safety glasses
A patron report used to determine eligibility for insurance may also encompass all the
following EXCEPT? - ANS-Medical Underwriting examination.
A group conversion alternative may be used in all of the following times EXCEPT? - ANS-A
life-converting event, which includes marriage, divorce, or childbirth.
All of the following are characteristics of COBRA EXCEPT? - ANS-Change in clinical
privateness methods.
All of the subsequent are traits of variable complete existence EXCEPT? - ANS-There is not
any assured minimum demise gain.
All of the following are classifications of threat EXCEPT? - ANS-Non-nicotine
All of the following are commonplace exclusions from loss discovered in disability profits
policies EXCEPT for that incurred even as? - ANS-Committing a misdemeanor
All of the following are non-forfeiture alternatives EXCEPT - ANS-Cash dividend option.
All of the following are required signatures on a existence coverage utility EXCEPT? -
ANS-The minor in a juvenile coverage.
All of the following are requirements to qualify for Social Security disability blessings
EXCEPT whilst - ANS-Unable to paintings in occupation on which the worker was educated
or knowledgeable.
All of the following are tax certified retirement plans EXCEPT? - ANS-Section 529 plan.
All of the subsequent are TRUE concerning incomplete applications EXCEPT? - ANS-The
incomplete software may be established with the lacking information introduced later.
All of the following statements define preexisting situations EXCEPT? - ANS-Any continual
health condition that provides signs and which was unknown at the time of software.
Compared to fundamental sanatorium, medical and surgical policies, which kind of coverage
provides broader insurance, fewer gaps, higher person benefits, and higher policy
maximums? - ANS-Major health insurance.
, Current assumption whole life policies are sensitive to which of the following? - ANS-Interest
quotes
For an character lengthy-time period care coverage there is an annual greenback limit for tax
deduction that is primarily based on which of the subsequent? - ANS-Age
How do warranties range from representations? - ANS-A warranty is guaranteed to be
genuine, a illustration is believed to be true to the best of one's know-how.
How does a noncancelable policy fluctuate from a guaranteed renewable policy? - ANS-With
the noncancelable coverage the insurer may additionally boom premiums only primarily
based on the phrases of the policy.
How does the in step with captia rule practice to proceeds from a existence insurance
coverage? - ANS-The proceeds are divided equally among living number one beneficiaries.
How lengthy after being entitled to incapacity benefits will an individual be eligible to receive
Medicare advantages? - ANS-2 years
If the insurer wishes to share an applicant's HIV status, the applicant have to take delivery of
complete notice of all the following EXCEPT? - ANS-The remedy methods that are covered
via the policy.
In a case wherein an individual's health is insured via both their own coverage and their
spouse's coverage, which policy will pay within the event of an infection? - ANS-The man or
woman's policy can pay first, the spouse's policy pay the remaining as much as insurance
quantity.
In a home healthcare advantage, all the following are eligible costs EXCEPT? - ANS-Blood
Transfusions
In noncontributory plans, which percent of eligible contributors ought to participate? -
ANS-one hundred%
In which of the subsequent does a covered worker conform to a reduction in repayment so
the amount can be used to cover clinical expenses? - ANS-Flexible Spending Account (FSA)
Managed care plans growth performance by means of all of the following approach
EXCEPT? - ANS-Transferring the management of charges to the insureds.
Obtaining patron information reviews underneath false pretenses is prosecutable via which
of the subsequent? - ANS-Fair Credit Reporting Act
Short term incapacity coverage typically handiest covers injuries due to which of the
following? - ANS-Non-occupational injuries.
State generally define a real "Group" for insurance as requiring at least what number of
contributors? - ANS-10
