XCel 2-15 florida life & health state exam
simulator
what is considered to be a characteristic of an immediate annuity
benefit payments start within one payment period of purchase
3 multiple choice options
which of these characteristics is consistent with a straight life policy
premiums are payable for as long as there is insurance coverage in force
3 multiple choice options
an insureds inability to perform two or more activities of daily living may trigger which type of life policy
rider
long term care
3 multiple choice options
B recently died and was insured with a life insurance policy for over five years. During the claims
process, the insurer discovered that B had understated his age by 5 years at the time of application. In
this situation, the insurer will
pay the amount that the premium would have purchased at the correct age
3 multiple choice options
what action can a policyowner take if an application for a bank loan requires collateral
assign policy ownership to the bank
3 multiple choice options
,We have an expert-written solution to this problem!
what is required in the Florida Employee Health Care Access Act
small group benefit plans are to be issued on a guarantee issue basis
3 multiple choice options
P is a forty year old woman and would like to purchase an annuity that will provide a lifetime income
stream beginning at age sixty. Which of the following did she NOT buy?
an immediate annuity
3 multiple choice options
the situation in which a group of physicians are salaried employees and conduct business in an hmo
facility is called
closed panel
3 multiple choice options
T sends proof of loss to her insurer for an acceptable medical expense claim under her individual Health
Insurance policy. Upon receipt, the insurer must pay the benefits
immediately
3 multiple choice options
an application for medicare supplement coverage may not be denied by the insurer if the application
was submitted within ______ month(s) after the applicant reaches the age 65
six
3 multiple choice options
, when a policyowner cash surrenders a universal life insurance policy in its early years, this may be
considered a red flag for a(n)
anti money laundering violation
3 multiple choice options
When is a Group Health policy required to provide coverage for a newborn child?
at the moment of birth
3 multiple choice options
which of the following situations does not apply to the florida replacement rule
an existing policyholder purchases an additional policy from the same insurer
3 multiple choice options
under a renewable term policy
the renewal premium is calculated on the basis of the insured's attained age
3 multiple choice options
D owns a Whole Life policy that was purchased 10 years ago. If the premium payments suddenly stop
and D takes no additional action, which Nonforfeiture Option will the insurer likely proceed with?
extended term
3 multiple choice options
simulator
what is considered to be a characteristic of an immediate annuity
benefit payments start within one payment period of purchase
3 multiple choice options
which of these characteristics is consistent with a straight life policy
premiums are payable for as long as there is insurance coverage in force
3 multiple choice options
an insureds inability to perform two or more activities of daily living may trigger which type of life policy
rider
long term care
3 multiple choice options
B recently died and was insured with a life insurance policy for over five years. During the claims
process, the insurer discovered that B had understated his age by 5 years at the time of application. In
this situation, the insurer will
pay the amount that the premium would have purchased at the correct age
3 multiple choice options
what action can a policyowner take if an application for a bank loan requires collateral
assign policy ownership to the bank
3 multiple choice options
,We have an expert-written solution to this problem!
what is required in the Florida Employee Health Care Access Act
small group benefit plans are to be issued on a guarantee issue basis
3 multiple choice options
P is a forty year old woman and would like to purchase an annuity that will provide a lifetime income
stream beginning at age sixty. Which of the following did she NOT buy?
an immediate annuity
3 multiple choice options
the situation in which a group of physicians are salaried employees and conduct business in an hmo
facility is called
closed panel
3 multiple choice options
T sends proof of loss to her insurer for an acceptable medical expense claim under her individual Health
Insurance policy. Upon receipt, the insurer must pay the benefits
immediately
3 multiple choice options
an application for medicare supplement coverage may not be denied by the insurer if the application
was submitted within ______ month(s) after the applicant reaches the age 65
six
3 multiple choice options
, when a policyowner cash surrenders a universal life insurance policy in its early years, this may be
considered a red flag for a(n)
anti money laundering violation
3 multiple choice options
When is a Group Health policy required to provide coverage for a newborn child?
at the moment of birth
3 multiple choice options
which of the following situations does not apply to the florida replacement rule
an existing policyholder purchases an additional policy from the same insurer
3 multiple choice options
under a renewable term policy
the renewal premium is calculated on the basis of the insured's attained age
3 multiple choice options
D owns a Whole Life policy that was purchased 10 years ago. If the premium payments suddenly stop
and D takes no additional action, which Nonforfeiture Option will the insurer likely proceed with?
extended term
3 multiple choice options
