XCEL Life and Health Insurance Test Review 2024 with complete solution

XCEL Life and Health Insurance Test Review 2024 with complete solution Which annuity payout option allows the policy owner to choose a pre-determined number of benefit payments? - answerPeriod Certain Which annuity payout option has no additional payouts regardless of when the annuitant dies - answerLife only annuity a professional liability for which producers can be sued for mistakes of putting a policy into effect - answerErrors and Omissions requires the beneficiary's signature for any change to the beneficiary - answerirrevocable beneficiary statements made by an insurance applicant on an application - answerrepresentations life insurance policies guarantee the beneficiary what upon the death of the insured - answera specified amount of money common exclusion on a dental policy - answerEndodontics Which type of long-term care benefit would be most appropriate for a stroke victim who requires speech therapy administered at her home? - answerHome health care According to the Affordable Care Act, any plan in existence prior to which date is considered a grandfathered plan? - answerMarch 23, 2010 Which of the following is NOT a type of Medicare Advantage Plan? - answerSocial Security Disability Income (SSDI) Coordination of Benefits regulation applies to all of the following plans EXCEPT - answerPreferred Provider Organization plan (PPO)