XCEL solutions |128 Questions With 100% Correct Answers.

A partial surrender is allowed in which of the following life policies? - Universal life All of the following riders can increase the death benefit amount EXCEPT - Waiver of Premium A health insurance policy where the insurer has the right to terminate the policy fr reasons other than the insureds health is called - Conditionally Renewable A proposed insured for a health insurance policy was treated for heart disease within the past year. When applying for health insurance, the heart disease treatment - Indicates a preexisting condition How do interest earnings accumulated in a deferred annuity - On a tax-deferred basis Which of the following statements is NOT true regarding a Critical Illness Plan - Coverage is limited to a single devastating disease Which of these is a TRUE statement regarding HIC's - HIC's operate on a prepayment basis James is insured on a life insurance policy where his age was misstated on the application. Which of the following is CORRECT regarding the death benefit amount? - The death benefit paid will be what the premium would have purchased at the correct age How son can the benefit payments begin with a deferred annuity? - A minimum of 12 months after date of purchase An individual covered under a Blue Cross Blue Shield plan is called a(n) - Participant The policyholder for a group health benefit plan is considered to be the - EmployerIntentional withholding of material facts would affect an insurance policies validity is called a(n) - Concealment An example of a health insuring corporation (HIC) specialty care provider is a(n) - Neurologist Which of the following is NOT typically included under "hospital care" for most health insuring corporation (HIC) plans? - Private duty nursing