XCEL Solutions Final Exam 2025 Practice Test 200
Questions and Correct Answers/ XCEL Life
Insurance Final Practice Exam
Save
Terms in this set (206)
Insuring Which health Insuring
policy clause specifies the
amount of benefits to be
paid
The investment gains from The cash value
a universal life policy
usually go to
L takes out a life insurance Adjust the death benefit to a reduced amount
policy and dies 10 years
later. During the claim
process, the insurer finds
out that the applicant
misstated their age. What
will the insurer do?
An employee is covered $25,000
under a company group
life plan with a $50,000
death benefit. What is the
Maximum amount a
spouse may be insured for
under this program
,M is insured under a basic Determined by the terms of the policy
hospital/surgical expense
policy. A physician
performs surgery on M.
What determines the claim
M is eligible for
A(n)__-_-_-_-_-_-_-_ Revocable
beneficiary may be
changed by the policy
owner without the consent
of the beneficiary
What is the MINIMUM 12 months
benefit period that must
be offered by a long term
care policy
To terminate an agent's Send termination notice to the Texas Department of
appointment, an insurance Insurance
company must
An agent gives a When the conditions of the receipt are met
conditional receipt to a
client for an insurance
policy after collecting the
initial premium. When will
the policy become
effective?
Which of the following Surgically removing a facial birthmark
costs would a Basic
Hospital/Surgical policy
cover?
Which of the following The agent should have the applicant initial any
statements is CORRECT changes made on the application
about an agent who is
taking an insurance
application
, Which statement is true Cash value may be borrowed against
about a whole life policy
How long does an Until terminated
insurance company
appointment remain in
force
Which of the following Coverage is LIMITED to only congenital defects
statements about health
coverage for newborns is
NOT true?
Medicare Part A and Part Dental care
B do NOT pay for
An insurance company Consideration clause
receives E's application for
an individual health policy.
E did not complete all of
the medical history
questions because she
could not remember the
exact dates. E signed the
policy and submitted it to
the insurance company
anyway. A few weeks later,
E suffers a heart attack
and is hospitalized without
completing the medical
history questions and
paying the initial premium.
E is not insured. Which of
the following clauses
details the conditions that
E did not meet?
Questions and Correct Answers/ XCEL Life
Insurance Final Practice Exam
Save
Terms in this set (206)
Insuring Which health Insuring
policy clause specifies the
amount of benefits to be
paid
The investment gains from The cash value
a universal life policy
usually go to
L takes out a life insurance Adjust the death benefit to a reduced amount
policy and dies 10 years
later. During the claim
process, the insurer finds
out that the applicant
misstated their age. What
will the insurer do?
An employee is covered $25,000
under a company group
life plan with a $50,000
death benefit. What is the
Maximum amount a
spouse may be insured for
under this program
,M is insured under a basic Determined by the terms of the policy
hospital/surgical expense
policy. A physician
performs surgery on M.
What determines the claim
M is eligible for
A(n)__-_-_-_-_-_-_-_ Revocable
beneficiary may be
changed by the policy
owner without the consent
of the beneficiary
What is the MINIMUM 12 months
benefit period that must
be offered by a long term
care policy
To terminate an agent's Send termination notice to the Texas Department of
appointment, an insurance Insurance
company must
An agent gives a When the conditions of the receipt are met
conditional receipt to a
client for an insurance
policy after collecting the
initial premium. When will
the policy become
effective?
Which of the following Surgically removing a facial birthmark
costs would a Basic
Hospital/Surgical policy
cover?
Which of the following The agent should have the applicant initial any
statements is CORRECT changes made on the application
about an agent who is
taking an insurance
application
, Which statement is true Cash value may be borrowed against
about a whole life policy
How long does an Until terminated
insurance company
appointment remain in
force
Which of the following Coverage is LIMITED to only congenital defects
statements about health
coverage for newborns is
NOT true?
Medicare Part A and Part Dental care
B do NOT pay for
An insurance company Consideration clause
receives E's application for
an individual health policy.
E did not complete all of
the medical history
questions because she
could not remember the
exact dates. E signed the
policy and submitted it to
the insurance company
anyway. A few weeks later,
E suffers a heart attack
and is hospitalized without
completing the medical
history questions and
paying the initial premium.
E is not insured. Which of
the following clauses
details the conditions that
E did not meet?
