3/18/25, 8:40 AM XCEL State Exam Simulator 2025 update|comprehensive (200) questions and verified answers (complete solutions) ASSURE…
XCEL State Exam Simulator 2025
update|comprehensive (200) questions and
verified answers (complete solutions) ASSURED
SUCCESS|GRADE A+!!
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Practice questions for this set
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Terms in this set (200)
Which of the following insurance companies' day to day operations
situations are NOT
subject to Florida life
insurance laws?
Dividends paid from a life issued by the insurer
insurance policy are
Which of the following dismemberment
does Social Security NOT
provide benefits for?
https://quizlet.com/1019630550/xcel-state-exam-simulator-2025-updatecomprehensive-200-questions-and-verified-answers-complete-solutions-… 1/18
,3/18/25, 8:40 AM XCEL State Exam Simulator 2025 update|comprehensive (200) questions and verified answers (complete solutions) ASSURE…
In regards to If material to the risk, false representations will void
representations or a policy
warranties, which of
these statements is
TRUE?
Asset protection can be Medicaid
provided by a long-term
care partnership policy if
the policyholder qualifies
for
An agent may provide a $100
prospective client with an
advertising gift as long as
the value of that gift does
not exceed
According to Florida law, require evidence of insurability
group life insurance
conversion privileges
must NOT
All individuals covered certificate
under a group contract
will receive a(n)
S wants to open a tax- high-deductible health plan
exempt Health Savings
Account. To qualify for
this type of account,
Federal law dictates that
S must be enrolled in a
Why is an applicant's to attest that the statements on the application are
signature required on a accurate to the best of the applicant's knowledge
life insurance
application?
https://quizlet.com/1019630550/xcel-state-exam-simulator-2025-updatecomprehensive-200-questions-and-verified-answers-complete-solutions-… 2/18
, 3/18/25, 8:40 AM XCEL State Exam Simulator 2025 update|comprehensive (200) questions and verified answers (complete solutions) ASSURE…
Which of the following Universal Life
Life insurance policies
combine term insurance
with an investment
element?
A policyowner would like irrevocable
to change the beneficiary
on a Life insurance policy
and make the change
permanent. Which type
of designation would
fulfill this need?
Medicare Part A and Part dental work
B do NOT pay for
An example of sliding charging for an additional product without the
would be applicant's consent
Additional coverage can decreasing term rider
be added to a Whole Life
policy by adding a(n)
When an insurance any changes made on the application require the
application is taken by a applicant's initials
producer, which of these
statements is true?
The advantage of the premiums re based on a younger age
reinstating an original life
policy is
All of the following are Bilateral
considered to be typical
characteristics describing
the nature of an
insurance contract,
EXCEPT
https://quizlet.com/1019630550/xcel-state-exam-simulator-2025-updatecomprehensive-200-questions-and-verified-answers-complete-solutions-… 3/18
XCEL State Exam Simulator 2025
update|comprehensive (200) questions and
verified answers (complete solutions) ASSURED
SUCCESS|GRADE A+!!
Save
Practice questions for this set
Learn
Studied 7 terms
Nice work, you're crushing it
Continue studying in Learn
Terms in this set (200)
Which of the following insurance companies' day to day operations
situations are NOT
subject to Florida life
insurance laws?
Dividends paid from a life issued by the insurer
insurance policy are
Which of the following dismemberment
does Social Security NOT
provide benefits for?
https://quizlet.com/1019630550/xcel-state-exam-simulator-2025-updatecomprehensive-200-questions-and-verified-answers-complete-solutions-… 1/18
,3/18/25, 8:40 AM XCEL State Exam Simulator 2025 update|comprehensive (200) questions and verified answers (complete solutions) ASSURE…
In regards to If material to the risk, false representations will void
representations or a policy
warranties, which of
these statements is
TRUE?
Asset protection can be Medicaid
provided by a long-term
care partnership policy if
the policyholder qualifies
for
An agent may provide a $100
prospective client with an
advertising gift as long as
the value of that gift does
not exceed
According to Florida law, require evidence of insurability
group life insurance
conversion privileges
must NOT
All individuals covered certificate
under a group contract
will receive a(n)
S wants to open a tax- high-deductible health plan
exempt Health Savings
Account. To qualify for
this type of account,
Federal law dictates that
S must be enrolled in a
Why is an applicant's to attest that the statements on the application are
signature required on a accurate to the best of the applicant's knowledge
life insurance
application?
https://quizlet.com/1019630550/xcel-state-exam-simulator-2025-updatecomprehensive-200-questions-and-verified-answers-complete-solutions-… 2/18
, 3/18/25, 8:40 AM XCEL State Exam Simulator 2025 update|comprehensive (200) questions and verified answers (complete solutions) ASSURE…
Which of the following Universal Life
Life insurance policies
combine term insurance
with an investment
element?
A policyowner would like irrevocable
to change the beneficiary
on a Life insurance policy
and make the change
permanent. Which type
of designation would
fulfill this need?
Medicare Part A and Part dental work
B do NOT pay for
An example of sliding charging for an additional product without the
would be applicant's consent
Additional coverage can decreasing term rider
be added to a Whole Life
policy by adding a(n)
When an insurance any changes made on the application require the
application is taken by a applicant's initials
producer, which of these
statements is true?
The advantage of the premiums re based on a younger age
reinstating an original life
policy is
All of the following are Bilateral
considered to be typical
characteristics describing
the nature of an
insurance contract,
EXCEPT
https://quizlet.com/1019630550/xcel-state-exam-simulator-2025-updatecomprehensive-200-questions-and-verified-answers-complete-solutions-… 3/18
