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PSI Life, Accident, Health Practice Exam
Questions Questions and Correct
Answers/ Latest Update / Already 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.
Ans: 2
There is no restriction for benefits after the coverage has been
in effect for six months when involving a preexisting condition.
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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.
Ans: 1
Elected by the people.
An insurance agent is a person who transacts all of the following types
of insurance EXCEPT:
1
annuities.
2
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homeowners.
3
auto insurance.
4
life insurance.
Ans: 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
All rights reserved © 2025/ 2026 |
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when a child is seriously ill or injured, the costs of needed medical care
can force families into financial ruin.
Ans: 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 program.
4
It pays any medical bill from a job related injury for services within the
first 24 hours of the injury.
Ans: 1
All rights reserved © 2025/ 2026 |
PSI Life, Accident, Health Practice Exam
Questions Questions and Correct
Answers/ Latest Update / Already 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.
Ans: 2
There is no restriction for benefits after the coverage has been
in effect for six months when involving a preexisting condition.
All rights reserved © 2025/ 2026 |
, Page |2
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.
Ans: 1
Elected by the people.
An insurance agent is a person who transacts all of the following types
of insurance EXCEPT:
1
annuities.
2
All rights reserved © 2025/ 2026 |
, Page |3
homeowners.
3
auto insurance.
4
life insurance.
Ans: 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
All rights reserved © 2025/ 2026 |
, Page |4
when a child is seriously ill or injured, the costs of needed medical care
can force families into financial ruin.
Ans: 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 program.
4
It pays any medical bill from a job related injury for services within the
first 24 hours of the injury.
Ans: 1
All rights reserved © 2025/ 2026 |
