Florida XCEL Health Practice Exam Questions and Correct Answers 2025

Florida XCEL Health Practice Exam Questions and Correct Answers 2025 What type of insurance company is domiciled in England, but conducts business in Florida? Alien The minimum age at which a person can sign a life insurance application is 15 Years In Florida, monthly-premium health insurance policies must provide a grace period of at least 10 days W gave W's age as 50 when W purchased a Life policy. At the time of W's death seven years later, the company discovered W's true age at issue had been 59. What would the normal procedure be under the misstatement of age provision in regard to the payment of the death claim? The proceeds would be reduced based on whatever the premium would have been if purchased at age 59 In Florida, which of the following practitioners normally do NOT receive payment from health insurance policies? Naturopaths What are adjustable rates for life policy loans in Florida based on? Moody's corporate bond index S takes out a health insurance policy which contains a provision that states that the agent does not have the authority to change the policy or waive any of its provisions. Which health policy provision is this? Entire Contract An example of false advertising would be An insurer exaggerating its dividends in a magazine advertisement Which of the following acts is an agent NOT authorized to do on behalf of an insurer? Authorize claim payments The coordination of benefits (COB) provision exists in order to avoid duplication of benefit payment Which of the following can an agent provide to help a prospective client understand and purchase the most appropriate product? Buyer's guide Which of the following employees may NOT be excluded from a group life plan? Full-time employees AFTER the probationary period