Xcel exam questions - Study guides, Class notes & Summaries

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...

XCEL Final Exam Questions and Answers

XCEL Solutions Life Insurance Final Exam Questions and Answers

XCEL Exam Questions with correct Answers

Xcel solutions Final Exam Questions and Answers_Verified and well updated_2024

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 Final Exam Questions and Answers

Xcel Final Exam Questions And Answers 100% Verified. Typically, Long-Term Disability benefits are coordinated with which benefit plan? - correct answer. Social Security The focus of major medical insurance is providing coverage for - correct 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? - correct answer...