Xcel life policies exam - Study guides, Class notes & Summaries

Exam XCEL Chapter 4 Life Insurance Policies - Provisions, Options and Riders.

Xcel Life Insurance Exam Practice Questions and Answers Replacement regulation is designed to protect - Correct Answer ️️ -Policyowners from mirepresentation and loss of benefits All Health Benefit Plans issued after January 1, 2014 must provide - Correct Answer ️️ -Preventative health services Which of these will have the highest monthly payout upon annuitization - Correct Answer ️️ -Straight life Which of the following is included in the entire contract according ti the ent...

XCEL Kentucky Life and Health Final Exam 100% Solved S filed a written Proof of Loss for a Disability Income claim on September 1. The insurance company did not respond to the claim. S can take legal action against the insurer beginning: November 1 What is the excise tax rate the IRS imposes on individuals aged 70 1/2 or older who do not take the required minimum distributions from their qualified retirement plan? 50% The provision in a Group Health policy that allows the insurer to postpone ...

CT Life & Health Insurance Exam (XCEL Solutions & Prometric) Qs&As Laura added a children's rider to her life insurance policy. What type of coverage was added? - AnswerLevel term With life insurance, the needs approach is used primarily in determining - Answer-How much life insurance a client should apply for A(n) __________ is a licensee who charges a fee for contracted insurance advisory services. - AnswerConsultant Jonas is covered with disability insurance through his employer. The...

XCEL Exam Simulator FL S recently received a $500,000 lump sum retirement buyout from her employer. She would like to buy an annuity that will immediately furnish her with a guaranteed income for life. What type of annuity is best suited for her situation? - Single Premium. Immediate Annuities are purchased with a single lump sum payment and will start providing income payments within the first year, but usually starting 30 days from the purchase date. What type of group plan involve...

XCEL TESTING SOLUTIONS - CALIFORNIA PRE- LICENSING EDUCATION - LIFE, ACCIDENT AND HEALTH INSURANCE When an insurance company requests an attending physician's report, the request must be accompanied by a - Copy of the signed authorization Which of the following is NOT a required uniform provision in individual health policies? - Change of occupation "Life insurance creates an immediate estate". This phrase means - When the insured dies, a death benefit is paid A person who ...

XCEL CHAPTER 11 - LAWS AND RULES EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ In Maryland, an insurance producer cannot sell, solicit, or negotiate policies for an insurer unless there is an agreement in place between the producer and insurer. This agreement is called a(n) Correct Answer: appointment what kind of insurance provides coverage for one or more necessary or appropriate diagnostic, preventive, therapeutic, rehabilitative, maintenance, or personal ca...

Xcel Life Insurance Exam Practice Questions and Answers Replacement regulation is designed to protect - Correct Answer ️️ -Policyowners from mirepresentation and loss of benefits All Health Benefit Plans issued after January 1, 2014 must provide - Correct Answer ️️ -Preventative health services Which of these will have the highest monthly payout upon annuitization - Correct Answer ️️ -Straight life Which of the following is included in the entire contract according ti the ent...

VA Life Insurance Practice Exam (90 Xcel) Questions and Answers 100% Pass P is a producer who notices 5 questions on a life application were not answered. What actions should P take? Set up a meeting with the applicant to answer the remaining questions K buys a policy where the premium stays fixed for the first 5 years. The premium then increases in year 6 and stays level thereafter, all the while the death benefit remains the same. What kind of policy is this? Modified Whole Life W...

XCEL SOLUTIONS - FINAL EXAM 100% Correct XCEL SOLUTIONS - FINAL EXAM 100% Correct K has a life insurance policy where her husband is beneficiary and her daughter is contingent beneficiary. Under the Common Disaster clause, if K and her husband are both killed in an automobile accident, where would the death proceeds be directed? Daughter When is a Group Health policy required to provide coverage for a newborn child? At the moment of birth What is the required renewability status of...