California Life, Accident, and Health Licensing Exam Questions and Answers 100% Correct

California Life, Accident, and Health Licensing Exam Questions and Answers 100% CorrectCalifornia Life, Accident, and Health Licensing Exam Questions and Answers 100% CorrectCalifornia Life, Accident, and Health Licensing Exam Questions and Answers 100% CorrectCo-insurance - ANSWER-The policy provision which requires the insurer and the insured to share in the cost of services rendered Exclusion ratio - ANSWER-The formula which is used by the IRS to determine how much is taxable to an annuitant during the pay out period. Occupational policy - ANSWER-When a disability income policy provides coverage for injuries which occur on and off the job Most disability income policies are non occupational, meaning - ANSWER-They only cover the insured if they become disabled while away from work.