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

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

Question:

What does a life insurance policy guarantee to the stated beneficiary
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upon the death of the insured?
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- Policy Dividend
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- Specified amount of money
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- Policy's cash value
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- Funeral expense fund?
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Answer:

Specified amount of money i,- i,- i,-




Life insurance guarantees to the beneficiary a specified sum of money in
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the event of the insured's death.
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Question:

An insurance producer is often responsible for field underwriting during
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the application process. All of these are possible field underwriting roles
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EXCEPT
- providing disclosure information to the applicant
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,- collecting initial premium
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- policy delivery
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- providing commission information to the applicant?
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Answer:

providing commission information to the applicant i,- i,- i,- i,- i,-




All of these are field underwriting roles an insurance producer may
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perform EXCEPT "providing commission information to the applicant".
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Question:

Krissa purchases a 10-year level term life insurance policy that has a death
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benefit of $200,000. Which of these statements is true?
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- The policy automatically converts to whole life after the 10-year period
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- The face amount will remain constant and the premium will increase
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over the 10-year period i,- i,- i,-




The premium will remain constant and the face amount will increase over
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the 10-year periodi,- i,-




The face amount and premium will remain constant over the 10-year
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period?
Answer:

The premium will remain constant and the face amount will increase over
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the 10-year periodi,- i,-




"The face amount and premium will remain constant over the 10-year
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period". In this situation, the premium and the face amount will remain
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constant for the 10-year period. i,- i,- i,- i,-

,Question:
When can a group health policy renewal be denied according to the
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Health Insurance Portability and Accountability Act (HIPAA)?
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- When a change of management has occurred within the group
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- When the annual number of claims has increased by 25%
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- When contribution or participation rules have been violated
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i,- -When group participation has increased by 25%?
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Answer:

When contribution or participation rules have been violated
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According to HIPAA, a group health policy renewal can be denied when
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participation or contribution rules have been violated. i,- i,- i,- i,- i,- i,-




Question:

Which of the following is Medicare Part B also known as?
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- Hospital insurance
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-Medical insurance i,-




-Long- Term Care Insurance
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-Medigap?
Answer:

Medical Insurance i,-




Medicare Part B covers most medically necessary doctors' services,
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preventive care, durable medical equipment, hospital outpatient services,
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laboratory tests, x-rays, mental health care, and some home health and
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ambulance services. You pay a monthly premium for this coverage.
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, Question:
Which dividend option would an insurer invest the policy owner's money
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and add any interest earnings as the dividends accrue?
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i,- -Accumulation at Interest Option i,- i,- i,-




i,- -Cash Dividend Option
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i,- -Paid-Up Additions Option i,- i,-




i,- -One-Year Term Dividend Option? i,- i,- i,-




Answer:

The Accumulation at Interest Option -
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invests the policy owner's money and adds interest earnings to the initial
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amount of the dividends. i,- i,- i,-




Question:

Decreasing term life insurance is often used to?
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i,- -provide retirement funds i,- i,-




i,- -provide coverage for a home mortgage
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i,- -accumulate cash value i,- i,-




i,- -provide coverage for estate taxes?
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Answer:

Provide coverage for a home mortgage-
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A common use for decreasing term life insurance is to cover a home
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mortgage.