XCEL HEALTH & LIFE INSURANCE - EXAM REVIEW (ALABAMA) 2025
LATEST
1. T has Disability Income policy that pays a monthly Less than $5000 per
benefit of $5000. If T becomes partially disabled, what month benefit regardless
can he likely expect? of the cause
2. At certain ages, an insured can increase the stated Cost of Living Adjustment
benefit under their disability income policy, regardless (COLA)
of health. Which policy rider does this describe?
3. When a person returns to work after a period of total Residual disability
disability but cannot earn as much as he or she did
before the disability, this situation is called which of
the following?
4. R had received full disability income benefits for 6 Residual disability
months. When he returns to work, he is only able to re-
sume half his normal daily workload. Which provision
pays reduced benefits to R while he is not working at
full capacity?
5. With Disability Income insurance, an insurance com- Gross income at the time
pany may limit the monthly benefit amount a prospec- of purchase
tive policy holder may obtain because of the insured's:
6. Mary and Paul have individual disability income poli- Paul's premium is proba-
cies that both pay a $5,000/month benefit. Mary's pol- bly less than Mary's
icy has a 30-day elimination period, and Paul's policy
has a five month elimination period. Which of the
following statements is true?
7. An individual Disability Income insurance applicant Spouse's occupation
may be required to submit all of the following infor-
mation EXCEPT:
, XCEL HEALTH & LIFE INSURANCE - EXAM REVIEW (ALABAMA) 2025
LATEST
A. Medical history
B. Gross income
C. Occupation
D. Spouse's occupation
8. P received Disability income benefits for 3 months A recurrent disability
then returns to work. She is able to work one month
before her condition returns, leaving her disabled
once again. What would the insurance company most
likely regard this second period of disability as?
9. A Long Term Care insured must be unable to perform 2
a minimum of Activities of Daily Living (ADLs) to
receive benefits.
10. A Long Term Care (LTC) policy has a minimum renewa- Guaranteed renewable
bility level of:
11. Katherine is a retiree and was recently hospitalized for Medicare supplement
10 days. Which type of insurance policy would best
cover her for excess hospital expenses?
12. Extended residence in a nursing home is covered by Long-term care policy
a(n):
13. Long Term Care policies normally provide benefits for: Home health care
14. The Long Term Care Partnership program is designed Shelter assets from
to allow seniors to: the spend-down require-
ments of Medicaid
15.
, Who would most likely own a Medicare Supplement 69-year old female cov-
policy? ered by Medicare
16. An individual unable to perform two or more Activi- Long Term Care (LTC)
ties of Daily Living (ADLs) will trigger coverage from a
policy.
17. Jackie has just enrolled in Medicare Part B for the first Guaranteed issue
time. He cannot be refused or rated for a Medicare
supplement policy as long as he applies for coverage
within 6 months of enrolling in Part B what is this
requirement called:
18. Which is NOT true regarding Medicare Supplement Must include a minimum
policies? 20-day Free Look provi-
sion
A. Designed fo individuals who are enrolled in
Medicare
B. Must define all terms the same as the federal
Medicare program
C. Must include a minimum 20-day Free Look provi-
sion
D. Must not duplicate Medicare benefits
19. Eligibile participants are required to make premium Part B
payments for which part of Medicare?
20. Medicare Advantage (Medicare Part C) allows the uti- HMO, PPO, or traditional
lization of benefits through a(n): insurer
21. P is a Major Medical policyowner who is hospitalized Claim will be denied
as a result of injuries sustained from participating in a
LATEST
1. T has Disability Income policy that pays a monthly Less than $5000 per
benefit of $5000. If T becomes partially disabled, what month benefit regardless
can he likely expect? of the cause
2. At certain ages, an insured can increase the stated Cost of Living Adjustment
benefit under their disability income policy, regardless (COLA)
of health. Which policy rider does this describe?
3. When a person returns to work after a period of total Residual disability
disability but cannot earn as much as he or she did
before the disability, this situation is called which of
the following?
4. R had received full disability income benefits for 6 Residual disability
months. When he returns to work, he is only able to re-
sume half his normal daily workload. Which provision
pays reduced benefits to R while he is not working at
full capacity?
5. With Disability Income insurance, an insurance com- Gross income at the time
pany may limit the monthly benefit amount a prospec- of purchase
tive policy holder may obtain because of the insured's:
6. Mary and Paul have individual disability income poli- Paul's premium is proba-
cies that both pay a $5,000/month benefit. Mary's pol- bly less than Mary's
icy has a 30-day elimination period, and Paul's policy
has a five month elimination period. Which of the
following statements is true?
7. An individual Disability Income insurance applicant Spouse's occupation
may be required to submit all of the following infor-
mation EXCEPT:
, XCEL HEALTH & LIFE INSURANCE - EXAM REVIEW (ALABAMA) 2025
LATEST
A. Medical history
B. Gross income
C. Occupation
D. Spouse's occupation
8. P received Disability income benefits for 3 months A recurrent disability
then returns to work. She is able to work one month
before her condition returns, leaving her disabled
once again. What would the insurance company most
likely regard this second period of disability as?
9. A Long Term Care insured must be unable to perform 2
a minimum of Activities of Daily Living (ADLs) to
receive benefits.
10. A Long Term Care (LTC) policy has a minimum renewa- Guaranteed renewable
bility level of:
11. Katherine is a retiree and was recently hospitalized for Medicare supplement
10 days. Which type of insurance policy would best
cover her for excess hospital expenses?
12. Extended residence in a nursing home is covered by Long-term care policy
a(n):
13. Long Term Care policies normally provide benefits for: Home health care
14. The Long Term Care Partnership program is designed Shelter assets from
to allow seniors to: the spend-down require-
ments of Medicaid
15.
, Who would most likely own a Medicare Supplement 69-year old female cov-
policy? ered by Medicare
16. An individual unable to perform two or more Activi- Long Term Care (LTC)
ties of Daily Living (ADLs) will trigger coverage from a
policy.
17. Jackie has just enrolled in Medicare Part B for the first Guaranteed issue
time. He cannot be refused or rated for a Medicare
supplement policy as long as he applies for coverage
within 6 months of enrolling in Part B what is this
requirement called:
18. Which is NOT true regarding Medicare Supplement Must include a minimum
policies? 20-day Free Look provi-
sion
A. Designed fo individuals who are enrolled in
Medicare
B. Must define all terms the same as the federal
Medicare program
C. Must include a minimum 20-day Free Look provi-
sion
D. Must not duplicate Medicare benefits
19. Eligibile participants are required to make premium Part B
payments for which part of Medicare?
20. Medicare Advantage (Medicare Part C) allows the uti- HMO, PPO, or traditional
lization of benefits through a(n): insurer
21. P is a Major Medical policyowner who is hospitalized Claim will be denied
as a result of injuries sustained from participating in a
