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CA PSI Site - Life, Accident and Health Agent Examination (Life Agent) Exam 2025 Questions and Answers
CA PSI Site - Life, Accident and Health Agent Examination (Life Agent) Exam 2025 Questions and Answers
Course:
California Life and Health
Institution:
California Life and Health
CA PSI Site - Life, Accident and Health Agent Examination (Life Agent) Exam 2025 Questions and Answers
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| Uploaded on: | September 14, 2025 |
| Last updated: | September 16, 2025 |
| Number of pages: | 43 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | CA PSI Site - Life, Accident and Health Agent Examination (Life Agent) Exam 2025 Questions and Answers |
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CA PSI Site - Life, Accident and Health Agent Examination (Life Agent) Exam 2025 Questions and Answers Admitted Insurance Company vs. Non-Admitted Insurance Company - -CORRECT ANSWER--An admitted insurance company is authorized to transact insurance in California because it has a Certificate of Authority granted by the California Department of Insurance (CDI) A non-admitted insurance company is not authorized to transact insurance in California because of failing to comply with California requirements or did not seek admission Pure Risk vs. Speculative Risk - --CORRECT ANSWER--Pure risks are insurable but Speculative risks are not Pure Risks - A possibility of loss, no loss, or gain ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
