PSI Life Accident, Health Practice Exam Questions and Answers A+ Graded

PSI Life Accident, Health Practice Exam Questions and Answers A+ Graded Which is an ACCURATE statement regarding benefits of Medicare supplement and Medicare select plans? 1 The insurer is able to cancel, or deny renewal of an existing policy, based solely on the health of the insured. 2 There is no restriction for benefits after the coverage has been in effect for six months when involving a preexisting condition. 3 The coverage for a loss from an illness or disease is treated differently than for a loss resulting from an injury due to an accident. 4 The coverage for a spouse cannot be terminated for any reason, including for nonpayment of premiums. - CORRECT ANSWER-2 There is no restriction for benefits after the coverage has been in effect for six months when involving a preexisting condition. How is the insurance commissioner chosen? 1 Elected by the people. 2 Appointed by the Governor 3 Selected by a vote in the House and the Senate. 4 Randomly selected from a list of qualified candidates. - CORRECT ANSWER-1 Elected by the people. An insurance agent is a person who transacts all of the following types of insurance EXCEPT: 1 annuities. 2 homeowners. 3 auto insurance. 4 life insurance. - CORRECT ANSWER-4 life insurance. The California Legislature declared all of the following when creating the Healthy Families Program EXCEPT: 1 that most uninsured children come from low-income families. 2 lack of educational resources for children and their parents leads to increased medical expenses. 3 that lack of insurance coverage for children results in reduced access to medical services. 4 when a child is seriously ill or injured, the costs of needed medical care can force families into financial ruin. - CORRECT ANSWER-2 lack of educational resources for children and their parents leads to increased medical expenses. Which of the following BEST defines the general concept of the 24-hour care plan? 1 It integrates workers compensation medical care with the care provided by group health insurance. 2 It provides immediate medical care from any source for injuries on which occur on the job. 3 It permits non job related injuries to be treated through the worker?s compensation