Law > EXAM > California Life, Accident, and Health Licensing Questions and Answers Already Passed (All)

California Life, Accident, and Health Licensing Questions and Answers Already Passed

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Co-insurance ✔✔The policy provision which requires the insurer and the insured to share in the cost of services rendered Exclusion ratio ✔✔The formula which is used by the IRS to determine ... how much is taxable to an annuitant during the pay out period. Occupational policy ✔✔When a disability income policy provides coverage for injuries which occur on and off the job Most disability income policies are non occupational, meaning ✔✔They only cover the insured if they become disabled while away from work. Self employed individuals doesn't have ✔✔workers compensation coverage. They need coverage both on and off the job (occupational). [Show More]

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