XCEL Chapter 6 Exam Questions and
Answers with Verified Solutions | Latest
Updated 2026
Which disability policy provision a. Cost of living benefit
would address any concerns of the
value of the benefits decreasing
over
time?
a. Cost of living benefit
b. Inflation rider benefit
c. Policy enhancement benefit
d. Interest sensitive benefit
Which of the following statements b. It provides benefits for nonoccupational
regarding Group Disability Income illnesses and injuries
insurance is TRUE?
a. It pays 100% or more of an
insured's income in the event of
disability
b. It provides benefits for
nonoccupational illnesses and
injuries
c. It is generally more expensive
than
individual policies
d. It usually pays for occupation -
related disabilities
, Chris is an insured bricklayer who c. Own occupation
severed his left hand in an
automobile accident. Although his
primary duty cannot be performed,
Chris is also a substitute high
school
teacher. He collects a full disability
income check every month. How
does his policy define total
disability?
a. Recurrent
b. Any occupation
c. Own occupation
d. Presumptive
The waiting period for a disability a. excludes payments for a short-term
insurance policy illness or
a. excludes payments for a short- injury
term illness or injury
b. is the period of time that must
elapse following the effective date
of the policy before benefits are
payable
c.helps the insurer determine if the
claim is legitimate
d. allows the insurer to collect
medical information on the
policyowner
Answers with Verified Solutions | Latest
Updated 2026
Which disability policy provision a. Cost of living benefit
would address any concerns of the
value of the benefits decreasing
over
time?
a. Cost of living benefit
b. Inflation rider benefit
c. Policy enhancement benefit
d. Interest sensitive benefit
Which of the following statements b. It provides benefits for nonoccupational
regarding Group Disability Income illnesses and injuries
insurance is TRUE?
a. It pays 100% or more of an
insured's income in the event of
disability
b. It provides benefits for
nonoccupational illnesses and
injuries
c. It is generally more expensive
than
individual policies
d. It usually pays for occupation -
related disabilities
, Chris is an insured bricklayer who c. Own occupation
severed his left hand in an
automobile accident. Although his
primary duty cannot be performed,
Chris is also a substitute high
school
teacher. He collects a full disability
income check every month. How
does his policy define total
disability?
a. Recurrent
b. Any occupation
c. Own occupation
d. Presumptive
The waiting period for a disability a. excludes payments for a short-term
insurance policy illness or
a. excludes payments for a short- injury
term illness or injury
b. is the period of time that must
elapse following the effective date
of the policy before benefits are
payable
c.helps the insurer determine if the
claim is legitimate
d. allows the insurer to collect
medical information on the
policyowner
