LIFE AND HEALTH INSURANCE Study guides, Class notes & Summaries

PSI life, accident, and health Exam 2024/2025 Questions & Answers Guaranteed Pass.

Life insurance psi Exam 2024/2025 Questions & Answers Guaranteed Pass.

PSI Insurance Exam 2024/2025 Questions With Completed & Verified Solutions.

PSI: LIFE, ACCIDENT, AND HEALTH PRACTICE EXAM 2024/2025 Questions With Verified & Completed Solutions.

PSI Life Exam 2024/2025 Questions With Completed & Verified Solutions.

Ohio life and Health Insurance Practice Final Exam Questions With Correct Answers Premiums paid that exceed 7 1/2% of an insured's Adjusted Gross Income (AGI) are tax-deductible when paid for which of the following plans? - Correct Answer Qualified Long-Term Care plan All _____ policies must be guaranteed renewable. - Correct Answer long-term care An attending physician's statement would be appropriate for which life insurance purpose? - Correct Answer At the request of the insurer t...

Missouri Life and Health Exam Questions With Correct Answers 2024 In a Life insurance contract, an insurance company's promise to pay stated benefits is called the: a) insuring clause b) consideration clause c) entire contract d) owner's rights - Correct Answer insuring clause under which circumstance MUST a health insurer have an expedited grievance review procedure? - Correct Answer when the enrollee's life or health is jeapordized The Consideration clause in a life insurance ...

PSI Life Insurance Test Questions With Correct Answer 2024 Which policy type is backed by equity investments and allows the policyholder to adjust the death benefit? - Correct Answer variable universal life 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? - Correct Answer Joint and survivorship option In which of the following must a beneficiary change reque...

Which of the following will vary the length of the grace period in health insurance policies? a) The mode of the premium payment b) The length of any elimination period c) The length of time the insured has been insured d) The term of the policy - a) The mode of the premium payment The grace period is 7 days on a policy with a weekly premium mode; 10 days if a monthly premium mode; 31 days on other premium modes

Jis receiving fixed amount benefit payments from his late wife's insurance policy. He was told that if he dies before al to the contingent beneficiary. Which settlement option did J choose? - Fixed Amount The "stop-loss" feature on a major medical policy is intended to a) Establish the number of claims that may be filed on a policy in a calendar year. b) Establish a maximum amount of out-of-pocket expense that an Insured will have to pay for medical expense in a calendar year c) Es...