Xcel Life Insurance Exam Questions And Correct Answers 100% 2024.

Replacement regulation is designed to protect - Answer Policyowners from mirepresentation and loss of benefits All Health Benefit Plans issued after January 1, 2014 must provide - Answer Preventative health services Which of these will have the highest monthly payout upon annuitization - Answer Straight life Which of the following is included in the entire contract according ti the entire contract provison? - Answer Clauses Which of the following is considered to be an alternative to a life settlement? - Answer Accelered death benefit rider With a scheduled dental policy, how are covered expense paid? - Answer Benefits are limited to a specific maximum dollar amount per procedure Coordination of benefits regulation applies to all of the following plans EXCEPT - Answer Preferred provider Organization plan Which approach predicts a person's earning potential and determines how much of that amount would be devoted to dependents? - Answer Human life value approach Which of the following policies does NOT build cash value? - Answer Term Which of these is a method of determining the level of funds required for ongoing support in the event of the breadwinner's death? - Answer Human life value The free look period provided in a life insurance policy is usually - Answer 10 days