Ohio XCEL Solutions Life & Health Insurance | Questions with Verified Answers | 100% Correct| Latest 2025/2026.

Ohio XCEL Solutions Life & Health
Insurance | Questions with Verified
Answers | 100% Correct| Latest
2025/2026.
Question:

All of these are valid policy dividend options for a life insurance
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policyowner EXCEPT? i,-




Answer:

accumulate without interest i,- i,-




Question:

Coverage for newborns under an accident and health plan MUST include
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coverage for? i,-




Answer:

birth abnormalities
i,-




Question:

The Federal Employees Benefit Program consists of two types of health
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-


plans for federal civilian employees. The two plans are fee-for-service and?
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Answer:

prepaid

,Question:
The role of the federal government was expanded when Medicaid was
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-



established by allowing the state to? i,- i,- i,- i,- i,-




Answer:

receive matching funds to expand public assistance programs
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Question:

Fixed period settlement options are considered to be a form of a(n)?
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Answer:

annuity



Question:

A securities license is required for a life insurance producer to sell?
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Answer:

variable life insurance i,- i,-




Question:

The MANDATORY health policy provision states that the policy, including
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-


endorsements and attached papers, constitutes? i,- i,- i,- i,-




Answer:

the entire insurance contract between the parties
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Question:

,Who provides all preventative and routine medical care given to a health
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insuring corporation (HIC) member??
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Answer:

Primary care physician i,- i,-




Question:
When a principal authorizes gives the agent authority in writing, it's
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referred to as? i,- i,-




Answer:

express authority i,-




Question:

A policy owner may change two policy features on what type of life
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insurance??
Answer:

Adjustable life i,-




Question:

Which of these describes the result of a modified endowment contract
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that failed to meet the seven-pay test??
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Answer:

Pre-death distributions are typically taxable.
i,- i,- i,- i,-




Question:

, A medical provider that accepts Medicare Assignment must?
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Answer:

accept payment based upon a defined Medicare schedule as payment in
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full.


Question:
Which of the following statements regarding Group Disability Income
i,- i,- i,- i,- i,- i,- i,- i,- i,-



Insurance is TRUE?? i,- i,-




Answer:

It provides benefits for nonoccupational illness and injuries.
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Question:

The taxable portion of each annuity payment is calculated using which
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-



method??
Answer:

Exclusion Ratio i,-




Question:

An example of a health insuring corporation (HIC) speciality care is an?
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Answer:

neurologist



Question: