PSI Life Insurance Test (solved) Questions and Answers

PSI Life Insurance Test (solved) Questions and Answers
Question : Which of the following entities is responsible for
notifying an insurance company of a disability insurance
claim?
Insured
Insured's physician
Correct answer: 1. Insured
Question : Which of the following is permitted under the
proper exchange of business?
Splitting a commission between two intermediaries licensed
in the same line of insurance
Correct answer: Splitting a commission between two
intermediaries licensed in the same line of insurance
Question : Which of the following authorities is required to
examine the business records of domestic insurance
companies and licensed rate-services organizations in
Wisconsin?
The Office of commissioner of insurance
Correct answer: The Office of commissioner of insurance

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