Xcel exam questions - Study guides, Class notes & Summaries

Xcel Solutions Property & Casualty Exam Questions and Answers An earned premium resulting from the cancellation of a policy is calculated on: - Correct Answer ️️ -On a pro rata basis, based on the previous year's rate M owns a parking garage & has coverage that states: "We will cover losses regardless if you are legally liable for the loss." This no-fault ideology will be found under: - Correct Answer ️️ -Excess Direct Coverage An insurance company writing business in a state o...

Xcel Life Insurance Exam Xcel Solutions Life Insurance Exam Update Life Insurance Xcel Exam Questions and Correct Answers Rated A+

Xcel Nevada Final Exam Questions and answers | Latest 2024/25 RATED A+

Typically, Long-Term Disability benefits are coordinated with which benefit plan? - ANSWER Social Security The focus of major medical insurance is providing coverage for - ANSWER medical and hospitalization expenses An insured under a Major Medical expense plan with a zero deductible and 80/20 coinsurance provision files a $1,000 claim. How much of this claim is the insured responsible for? - ANSWER $200 because this policy has a zero deductible, the insures is only responsible for the ...

Xcel solutions final exam questions and answers Insuring Which health policy clause specifies the amount of benefits to be paid - Correct Answer ️️ -Insuring The investment gains from a universal life policy usually go to - Correct Answer ️️ -The cash value L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer finds out that the applicant misstated their age. What will the insurer do? - Correct Answer ️️ -Adjust the death benefit to...

XCEL LIFE AND HEALTH INSURANCE FINAL EXAM 2024| ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS| ALREADY PASSED

Xcel solutions final exam Questions and Answers 100% Pass Insuring Which health policy clause specifies the amount of benefits to be paid - Correct Answer ️️ -Insuring The investment gains from a universal life policy usually go to - Correct Answer ️️ -The cash value L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer finds out that the applicant misstated their age. What will the insurer do? - Correct Answer ️️ -Adjust the death ...

Xcel Solutions Final Exam - Michigan Life and Health Exam Questions And Answers Shawn, Mike, and Dave are brothers who have a $100,000 "first to die" joint life policy covering all three of their lives. If Mike dies first, the policy proceeds A.) Will no longer provide insurance protection B.) Will go to Mike's estate C.) Will be divided by probate D.) Will not be paid until the last brother dies - ANS A.) Will no longer provide insurance protection Susan is insured through h...