PSI Life 2 - Study guides, Class notes & Summaries

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PSI Life Exam with Verified Answers 100% Pass
  • Exam (elaborations)

    PSI Life Exam with Verified Answers 100% Pass

  • Which type of life policy can be continued year after year without a required medical examination but rates are dependent on the insured's current age? A. Whole life B. Variable life C. Flexible term D. Renewable term - ANSWERRenewable term Under which situation must insurable interest exist between the applicant and insured at the time of application? A. When a third-party applicant names themselves beneficiary. B. When the applicant and the insured are the same person. ...
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