Ca Psi Site - Life, Accident And Health Agent Examination (Life Agent) Exam Questions And Answers (Latest Update 2023)

Nonmedical care (non-skilled care) to provide assistance with activities of daily living such as bathing, toileting, eating, dressing, transferring, and continence. May be provided in a nursing home or in one's own home. Providers are not required to undergo medical training {Ans: Custodial Care}Every policy of individual life insurance and annuities (other than variable contracts) that is used for delivery in California must contain a notice regarding a return of the policy for cancellation of 10-30 days after its receipt by the owner. o The minimum free look period is 10 days for persons under age 60. o Persons who are age 60 or older must be given a 30-day free look period. {Ans: Free Look}Provides that when the insured and primary beneficiary die as the result of the same event and the order of death cannot be determined, it is assumed the insured died last, protecting their secondary beneficiary or heirs. {Ans: Uniform Simultaneous Death Act}Variable {Ans: An annuity which may be used to help fund retirement in a few years maintains a "separate account". the owner purchases "accumulation units". This is called a ____ annuity.}Pay the renewal billing notice the Department sends out 90