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Exam (elaborations)
Xcel Laws and Rules | Questions and right answers | Latest version 2024/2025
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---3March 20252024/2025A+
- Xcel Laws and Rules | Questions 
and right answers | Latest version 
2024/2025 
When an existing life insurance policy is terminated so that a new life insurance policy can be 
purchased, this transaction is referred to as: - ANSWER -replacement 
Who negotiates viatical settlements between a policyowner and a viatical settlement provider? - 
ANSWER -viatical settlement broker 
What type of insurance company is domiciled in England, but conducts business in North Carolina? - 
ANSWER -fore...
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$9.39 More Info
ngugij652
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Exam (elaborations)
Xcel Laws and Rules Pertinent to Insurance Question and Answer 100% Correct
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---17April 20242023/2024A+
- Xcel Laws and Rules Pertinent to 
Insurance Question and Answer 100% 
Correct 
What must an agent sign when an existing Life Insurance policy is being 
reissued with a reduction in cash value? 
Policy Summary 
Buyer's Guide 
Affidavit 
Notice Regarding Replacement of Life Insurance or Annuity - Notice 
Regarding Replacement of Life Insurance or Annuity 
Which of these circumstances requires an agent to make reasonable 
efforts to obtain information concerning the suitability of an annuity? 
Age...
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$13.49 More Info
JOSHCLAY