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CA PSI-LIFE, ACCIDENT, AND HEALTH OR SICKNESS EXAM 2024 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ACTUAL EXAM QUESTIONS
A+ GRADE
Which of the following is TRUE of a point of service plan -
CORRECT ANSWER>>>>A patient's care is coordinated by an in-
network primary care physician.
In a Level term life policy, which always remains constant ? -
CORRECT ANSWER>>>>death benefit
which part of an insurance contract contains the promise to pay
losses covered by the policy in exchange for the insureds
premium and compliance with policy terms ? - CORRECT
ANSWER>>>>insuring clause
In a home healthcare benefit, all of the following are eligible
expenses EXCEPT - CORRECT ANSWER>>>>blood transfusions
in noncontributory plans, which percentage of eligible
members must participate? - CORRECT ANSWER>>>>1
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How are issues of ambiguity usually resolved because insurance
contracts are contracts of adhesion? - CORRECT ANSWER>>>>In
favor of the insured because the insurance company drafts the
language in the contract.
Why is the accidental death benefit referred to as double
indemnity? - CORRECT ANSWER>>>>It provides twice the face
value in the policy for death due to accident.
which types of rider reimburses health and social service
expenses incurred in a convalescent or nursing home facility -
CORRECT ANSWER>>>>long term care rider
All life insurance and health insurance contracts contain all of
the following EXCEPT - CORRECT ANSWER>>>>representations
all of the following are requirements to qualify for social
security disability benefits except when - CORRECT
ANSWER>>>>unable to work in occupation in which the worker
was trained or educated.
what is the order in which beneficiaries receive proceeds from
a life insurance policy ? - CORRECT ANSWER>>>>succession of
beneficiaries
If a company provides group disability insurance to its
employees, which of the following may be tax-deductible? -
CA PSI-LIFE, ACCIDENT, AND HEALTH OR SICKNESS EXAM 2024 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ACTUAL EXAM QUESTIONS
A+ GRADE
Which of the following is TRUE of a point of service plan -
CORRECT ANSWER>>>>A patient's care is coordinated by an in-
network primary care physician.
In a Level term life policy, which always remains constant ? -
CORRECT ANSWER>>>>death benefit
which part of an insurance contract contains the promise to pay
losses covered by the policy in exchange for the insureds
premium and compliance with policy terms ? - CORRECT
ANSWER>>>>insuring clause
In a home healthcare benefit, all of the following are eligible
expenses EXCEPT - CORRECT ANSWER>>>>blood transfusions
in noncontributory plans, which percentage of eligible
members must participate? - CORRECT ANSWER>>>>1
, 2|Page
How are issues of ambiguity usually resolved because insurance
contracts are contracts of adhesion? - CORRECT ANSWER>>>>In
favor of the insured because the insurance company drafts the
language in the contract.
Why is the accidental death benefit referred to as double
indemnity? - CORRECT ANSWER>>>>It provides twice the face
value in the policy for death due to accident.
which types of rider reimburses health and social service
expenses incurred in a convalescent or nursing home facility -
CORRECT ANSWER>>>>long term care rider
All life insurance and health insurance contracts contain all of
the following EXCEPT - CORRECT ANSWER>>>>representations
all of the following are requirements to qualify for social
security disability benefits except when - CORRECT
ANSWER>>>>unable to work in occupation in which the worker
was trained or educated.
what is the order in which beneficiaries receive proceeds from
a life insurance policy ? - CORRECT ANSWER>>>>succession of
beneficiaries
If a company provides group disability insurance to its
employees, which of the following may be tax-deductible? -
