Xcel solu - Study guides, Class notes & Summaries

Xcel Solutions Final Exam 2024 with Complete Solutions. Insuring Which health policy clause specifies the amount of benefits to be paid - ANSWER Insuring The investment gains from a universal life policy usually go to - 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? - ANSWER Adjust the death benefit to a reduced amount An employee is cover...

Xcel Solutions Final Exam 2024 with Complete Solutions. Insuring Which health policy clause specifies the amount of benefits to be paid - ANSWER Insuring The investment gains from a universal life policy usually go to - 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? - ANSWER Adjust the death benefit to a reduced amount An employee is cover...

Xcel Solutions Final Exam 2024 with Complete Solutions. Insuring Which health policy clause specifies the amount of benefits to be paid - ANSWER Insuring The investment gains from a universal life policy usually go to - 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? - ANSWER Adjust the death benefit to a reduced amount An employee is cover...

Insuring Which health policy clause specifies the amount of benefits to be paid - Answer-Insuring The investment gains from a universal life policy usually go to - 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? - Answer-Adjust the death benefit to a reduced amount An employee is covered under a company group life plan with a $50,000 death ...

Xcel Solutions Comprehensive Exam (Latest 2024/ 2025 Update) Questions and Verified Answers| 100% Correct| Grade A Q: All of these are considered key factors in underwriting life insurance EXCEPT Answer: Marital Status Correct: tobacco use, health history, age Q: The time limit for filing claim disputes is addressed in which provision of an accident and health policy? Answer: legal actions Q: All of the following plans allow for employee contributions to be take...

Xcel Solutions Final Exam (2024/ 2025) Questions and Verified Answers| 100% Correct| Grade A Q: Which type of plan normally includes hospice benefits Answer: Managed care plans Q: Non-occupational disability coverage is designed for Answer: Employees who suffer non work related disabilities, since work related disabilities are covered by workers compensation Q: A policy of adhesion can only be modified by whom Answer: The insurance company Q: G is an acc...

Xcel Solutions Final Exam Prep (2024/ 2025) Questions and Verified Answers| 100% Correct| Grade A Q: When a minor is designated as the sole primary beneficiary, Answer: a guardian will be court-appointed in the event of a death claim Q: Which if the following best describes a warranty Answer: Statement gaurenteed to be true Q: A company that has not been authorized to operate in Colorado is known as Answer: a nonadmitted insurer Q: Insurance policies a...

XCEL LIFE INSURANCE EXAM LATEST 2024 XCEL SOLUTIONS LIFE INSURANCE CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ALREADY GRADED A+

XCEL solutions questions and answers rated A+ passed!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 t...