Utah XCEL Solutions Life & Health
Insurance | Questions with Verified
Answers | 100% Correct| Latest
2025/2026.
Question:
A contract issued by an employer for a group medical insurance plan?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
Master policy i,-
Question:
A producer must deposit premiums into a?
i,- i,- i,- i,- i,- i,-
Answer:
trust acount i,-
Question:
A group life policy is when the insurer will issue an individual__________ to
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
the policy owner for delivery to each person that is insured?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
certification
,Question:
A medical supplement basic benefit is?
i,- i,- i,- i,- i,-
Answer:
the first 3 pints of blood per year
i,- i,- i,- i,- i,- i,- i,-
Question:
Kay pays a monthly premium on her health insurance policy, her grace
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
period is? i,-
Answer:
10 daysi,-
Question:
A ______________ insurer is one formed under Utah laws?
i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
domestic
Question:
Which of the following is a requirement for any change in an insurance
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
application?
Answer:
initialed by the agent i,- i,- i,-
Question:
A contract element insurable interest is a component of?
i,- i,- i,- i,- i,- i,- i,- i,-
, Answer:
legal purpose i,-
Question:
Which approach predicts a person's earnings potential and determines
i,- i,- i,- i,- i,- i,- i,- i,- i,-
how much of that amount would be devoted to dependents?
i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
human life approach i,- i,-
Question:
An underwriter's primary responsibility to an insurer is to protect against?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
adverse selection i,-
Question:
Proprietors are promoted tax deductions for health costs paid from their
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
earnings in the amount of? i,- i,- i,- i,-
Answer:
100% of costs i,- i,-
Question:
The entire contract includes the actual policy and the?
i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
application
Insurance | Questions with Verified
Answers | 100% Correct| Latest
2025/2026.
Question:
A contract issued by an employer for a group medical insurance plan?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
Master policy i,-
Question:
A producer must deposit premiums into a?
i,- i,- i,- i,- i,- i,-
Answer:
trust acount i,-
Question:
A group life policy is when the insurer will issue an individual__________ to
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
the policy owner for delivery to each person that is insured?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
certification
,Question:
A medical supplement basic benefit is?
i,- i,- i,- i,- i,-
Answer:
the first 3 pints of blood per year
i,- i,- i,- i,- i,- i,- i,-
Question:
Kay pays a monthly premium on her health insurance policy, her grace
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
period is? i,-
Answer:
10 daysi,-
Question:
A ______________ insurer is one formed under Utah laws?
i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
domestic
Question:
Which of the following is a requirement for any change in an insurance
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
application?
Answer:
initialed by the agent i,- i,- i,-
Question:
A contract element insurable interest is a component of?
i,- i,- i,- i,- i,- i,- i,- i,-
, Answer:
legal purpose i,-
Question:
Which approach predicts a person's earnings potential and determines
i,- i,- i,- i,- i,- i,- i,- i,- i,-
how much of that amount would be devoted to dependents?
i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
human life approach i,- i,-
Question:
An underwriter's primary responsibility to an insurer is to protect against?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
adverse selection i,-
Question:
Proprietors are promoted tax deductions for health costs paid from their
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
earnings in the amount of? i,- i,- i,- i,-
Answer:
100% of costs i,- i,-
Question:
The entire contract includes the actual policy and the?
i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
application
