Xcel Life Insurance Exam Questions with
Correct Answers 2025/2026
Replacement kregulation kis kdesigned kto kprotect k- kCORRECT kANSWER k-Policyowners kfrom
kmirepresentation kand kloss kof kbenefits
All kHealth kBenefit kPlans kissued kafter kJanuary k1, k2014 kmust kprovide k- kCORRECT kANSWER
k- kPreventative khealth kservices
Which kof kthese kwill khave kthe khighest kmonthly kpayout kupon kannuitization k- kCORRECT
kANSWER k- kStraight klife
Which kof kthe kfollowing kis kincluded kin kthe kentire kcontract kaccording kti kthe kentire kcontract
kprovison? k- kCORRECT kANSWER k-Clauses
Which kof kthe kfollowing kis kconsidered kto kbe kan kalternative kto ka klife ksettlement? k-
kCORRECT kANSWER k-Accelered kdeath kbenefit krider
With ka kscheduled kdental kpolicy, khow kare kcovered kexpense kpaid? k- kCORRECT kANSWER k-
Benefits kare klimited kto ka kspecific kmaximum kdollar kamount kper kprocedure
Coordination kof kbenefits kregulation kapplies kto kall kof kthe kfollowing kplans kEXCEPT k-
kCORRECT kANSWER k-Preferred kprovider kOrganization kplan
,Which kapproach kpredicts ka kperson's kearning kpotential kand kdetermines khow kmuch kof
kthat kamount kwould kbe kdevoted kto kdependents? k- kCORRECT kANSWER k-Human klife kvalue
kapproach
Which kof kthe kfollowing kpolicies kdoes kNOT kbuild kcash kvalue? k- kCORRECT kANSWER k-Term
, Which kof kthese kis ka kmethod kof kdetermining kthe klevel kof kfunds krequired kfor kongoing
ksupport kin kthe kevent kof kthe kbreadwinner's kdeath? k- kCORRECT kANSWER k-Human klife
kvalue
The kfree klook kperiod kprovided kin ka klife kinsurance kpolicy kis kusually k- kCORRECT kANSWER k-10
kdays
What kdoes k"SHOP" kstand kin kSHOP kExchange? k- kCORRECT kANSWER k-Small kBusiness
kHealth kOptions kProgram
An kemployer kis kissued ka kgroup kmedical kinsurance kpolicy. kThis ksingle kcontract kis kknown
kas ka(n) k- kCORRECT kANSWER k-master kpolicy
Which kof kthe kfollowing kis kNOT kcovered kunder kWorkers' kCompensation? k- kCORRECT
kANSWER k- kPain kand ksuffering
Which kof kthe kfollowing kprovides kMedicare ksupplement kpolicies? k- kCORRECT kANSWER k-
Private kinsurance kcompanies
A klife ksettlement kintermediary kis ka(n) k- kCORRECT kANSWER k-association kwhich kmaintains ka
kfacility kthat kdisplays koffers kand kcounteroffers kfor kpurchasers kor ksellers kof klife
ksettlement kcontracts
An kannuitant kdies kduring kthe kdistribution kperiod. kWhat kkind kof kannunity kwill kreturn kto ka
beneficiary kthe kdifference kbetween kthe kannunity kvalue kand kthe kincome kpayment kalready
kmade?
- kCORRECT kANSWER k-Refund kannuity
The kis kresponsible kfor kdetermining kthe kappropriateness kof ka kMedicare kSupplement kpolicy
kfor kan kapplicant. k- kCORRECT kANSWER k-Agent
Correct Answers 2025/2026
Replacement kregulation kis kdesigned kto kprotect k- kCORRECT kANSWER k-Policyowners kfrom
kmirepresentation kand kloss kof kbenefits
All kHealth kBenefit kPlans kissued kafter kJanuary k1, k2014 kmust kprovide k- kCORRECT kANSWER
k- kPreventative khealth kservices
Which kof kthese kwill khave kthe khighest kmonthly kpayout kupon kannuitization k- kCORRECT
kANSWER k- kStraight klife
Which kof kthe kfollowing kis kincluded kin kthe kentire kcontract kaccording kti kthe kentire kcontract
kprovison? k- kCORRECT kANSWER k-Clauses
Which kof kthe kfollowing kis kconsidered kto kbe kan kalternative kto ka klife ksettlement? k-
kCORRECT kANSWER k-Accelered kdeath kbenefit krider
With ka kscheduled kdental kpolicy, khow kare kcovered kexpense kpaid? k- kCORRECT kANSWER k-
Benefits kare klimited kto ka kspecific kmaximum kdollar kamount kper kprocedure
Coordination kof kbenefits kregulation kapplies kto kall kof kthe kfollowing kplans kEXCEPT k-
kCORRECT kANSWER k-Preferred kprovider kOrganization kplan
,Which kapproach kpredicts ka kperson's kearning kpotential kand kdetermines khow kmuch kof
kthat kamount kwould kbe kdevoted kto kdependents? k- kCORRECT kANSWER k-Human klife kvalue
kapproach
Which kof kthe kfollowing kpolicies kdoes kNOT kbuild kcash kvalue? k- kCORRECT kANSWER k-Term
, Which kof kthese kis ka kmethod kof kdetermining kthe klevel kof kfunds krequired kfor kongoing
ksupport kin kthe kevent kof kthe kbreadwinner's kdeath? k- kCORRECT kANSWER k-Human klife
kvalue
The kfree klook kperiod kprovided kin ka klife kinsurance kpolicy kis kusually k- kCORRECT kANSWER k-10
kdays
What kdoes k"SHOP" kstand kin kSHOP kExchange? k- kCORRECT kANSWER k-Small kBusiness
kHealth kOptions kProgram
An kemployer kis kissued ka kgroup kmedical kinsurance kpolicy. kThis ksingle kcontract kis kknown
kas ka(n) k- kCORRECT kANSWER k-master kpolicy
Which kof kthe kfollowing kis kNOT kcovered kunder kWorkers' kCompensation? k- kCORRECT
kANSWER k- kPain kand ksuffering
Which kof kthe kfollowing kprovides kMedicare ksupplement kpolicies? k- kCORRECT kANSWER k-
Private kinsurance kcompanies
A klife ksettlement kintermediary kis ka(n) k- kCORRECT kANSWER k-association kwhich kmaintains ka
kfacility kthat kdisplays koffers kand kcounteroffers kfor kpurchasers kor ksellers kof klife
ksettlement kcontracts
An kannuitant kdies kduring kthe kdistribution kperiod. kWhat kkind kof kannunity kwill kreturn kto ka
beneficiary kthe kdifference kbetween kthe kannunity kvalue kand kthe kincome kpayment kalready
kmade?
- kCORRECT kANSWER k-Refund kannuity
The kis kresponsible kfor kdetermining kthe kappropriateness kof ka kMedicare kSupplement kpolicy
kfor kan kapplicant. k- kCORRECT kANSWER k-Agent
