XCEL Life and Health Insurance Test Review ||280 QUESTIONS|| WITH CORRECT ANSWERS

Period Certain CORRECT ANS Which annuity payout option allows the policy owner to choose a pre-determined number of benefit payments? Life only annuity CORRECT ANS Which annuity payout option has no additional payouts regardless of when the annuitant dies Errors and Omissions CORRECT ANS a professional liability for which producers can be sued for mistakes of putting a policy into effect irrevocable beneficiary CORRECT ANS requires the beneficiary's signature for any change to the beneficiary representations CORRECT ANS statements made by an insurance applicant on an application a specified amount of money CORRECT ANS life insurance policies guarantee the beneficiary what upon the death of the insured Endodontics CORRECT ANS common exclusion on a dental policy Home health care CORRECT ANS Which type of long-term care benefit would be most appropriate for a stroke victim who requires speech therapy administered at her home? March 23, 2010 CORRECT ANS According to the Affordable Care Act, any plan in existence prior to which date is considered a grandfathered plan? Social Security Disability Income (SSDI) CORRECT ANS Which of the following is NOT a type of Medicare Advantage Plan?