Ca Psi Site - Life, Accident And Health Agent Exam Questions And Answers

When any change in residence address occurs, every licensee and every applicant for a license must notify the Commissioner _______________. (Select the most correct response) A. Within 6 months after the move has taken place B. Within 6 months before the license is to expire C. 30 days before submitting a continuing education certificate. D. Immediately {Ans: Immediately}Employees that have group life or health policies covering them are required to be issued a/an ______. A. Estimate of employers premiums B. Certificate of insurance C. Master policy D. Monthly premium notification on a non-participating plan {Ans: B}Per Stirpes {Ans: This is a method of distribution that will pay to surviving beneficiaries equally if named a beneficiary dies before the insured does}All of the following statements about the gatekeeper system are true, except: A. Specialists can choose to be gatekeepers for their patients B. The insured must utilize their primary physicians who authorize all care for the insured C. Referrals to specialists must be authorized by the gatekeeper D. Gatekeepers are a common feature of HMO plans {Ans: B}Partial Surrender {Ans: A partial withdrawal is considered a partial surrender of a Universal or Variable Universal Life policy.