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PSI LIFE, ACCIDENT, AND HEALTH EXAM QUESTIONS WITH CORRECT ANSWERS

Study Material Feb 27, 2025
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PSI LIFE, ACCIDENT, AND HEALTH EXAM QUESTIONS WITH CORRECT ANSWERS
Question : Under The Misstatement Of Age Or Gender
Provision, What Happens If It Is Determined At Death
That The Insured'S Age Or Gender Was Misstated On A
Life Insurance Policy Application?
Correct Answer: Benefits Are Adjusted To An Amount
That The Premium Would Have Purchased At The
Correct Age Or Gender.
Question : Which Of The Following Must Be Given To
The Insurer Within 20 Days After Occurrence Or
Commencement Of Any Loss Covered By The Policy, Or
As Thereafter As Is Reasonably Possible?
Correct Answer: Notice Of Claim.
Question : When Will A Policy Pay On A Ucr Basis?
Correct Answer: When Particular Benefits Are Not
Listed On A Payment Schedule.

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