Xcel State Exam Simulator Questions with
Correct Answers 2025/2026
Which gof gthe gfollowing gacts gis gNOT ga gFederal goffense gcommitted gby gan ginsurance gagent?
A) Falsify grecords
B) Insurance gfraud
C) Misrepresentation gon gan ginsurance gapplication
D) Embezzlement g- gCORRECT gANSWER g-C) gMisrepresentation gon gan ginsurance gapplication
Christine ghas ga ghealth ginsurance gpolicy gthat ghas gbeen gin gforce gbeyond gthe gincontestable
gperiod. gThe ginsurer ghas gdiscovered gthat ga gfraudulent gstatement gwas gmade gon gthe
gapplication. gWhat gwould gthe ginsurer ghave gto gpay gon ga gclaim, gassuming gthis gwasn't ga
gguaranteed grenewable gpolicy?
A) 100% gof gthe gclaim's gamount
B) Nothing
C) 50% gof gthe gclaim's gamount
D) 75% gof gthe gclaim's gamount g- gCORRECT gANSWER g-B) gNothing
What gtype gof glicense gis grequired gfor gan gindividual gwho gcharges ga gfee gto greview gan
ginsured's gexisting glife ginsurance gpolicy?
A) Life gagent
B) Life gand gdisability ganalyst
,C) Life gand gdisability gcounselor
D) Adjuster g- gCORRECT gANSWER g-B) gLife gand gdisability ganalyst
, Medicare gPart gA gdoes gnot gpay gfor gmedical gbenefits gprovided gfor gtreatment gin ga gskilled
gnursing gfacility gbeyond
A) 100 gdays
B) 120 gdays
C) 30 gdays
D) 60 gdays g- gCORRECT gANSWER g-A) g100 gdays
When gan gapplicant gapplies gfor ginsurance, gthe gprocess gby gwhich gthe ginsurer gdetermines
gwhether gto gissue ga gpolicy gis gcalled
A) regulation
B) issuance
C) adverse gselection
D) underwriting g- gCORRECT gANSWER g-D) gunderwriting
According gto gthe gPPACA, gthe gmedical genrollment gtier gthat ghas g80% gactuarial gvalue gis gcalled
A) bronze
B) platinum
C) gold
D) silver g- gCORRECT gANSWER g-C) ggold
People gwith glow gincome gcan gbe gprovided gwith gmedical gassistance gthrough gwhich gprogram?
A) HSA
B) Medicare
Correct Answers 2025/2026
Which gof gthe gfollowing gacts gis gNOT ga gFederal goffense gcommitted gby gan ginsurance gagent?
A) Falsify grecords
B) Insurance gfraud
C) Misrepresentation gon gan ginsurance gapplication
D) Embezzlement g- gCORRECT gANSWER g-C) gMisrepresentation gon gan ginsurance gapplication
Christine ghas ga ghealth ginsurance gpolicy gthat ghas gbeen gin gforce gbeyond gthe gincontestable
gperiod. gThe ginsurer ghas gdiscovered gthat ga gfraudulent gstatement gwas gmade gon gthe
gapplication. gWhat gwould gthe ginsurer ghave gto gpay gon ga gclaim, gassuming gthis gwasn't ga
gguaranteed grenewable gpolicy?
A) 100% gof gthe gclaim's gamount
B) Nothing
C) 50% gof gthe gclaim's gamount
D) 75% gof gthe gclaim's gamount g- gCORRECT gANSWER g-B) gNothing
What gtype gof glicense gis grequired gfor gan gindividual gwho gcharges ga gfee gto greview gan
ginsured's gexisting glife ginsurance gpolicy?
A) Life gagent
B) Life gand gdisability ganalyst
,C) Life gand gdisability gcounselor
D) Adjuster g- gCORRECT gANSWER g-B) gLife gand gdisability ganalyst
, Medicare gPart gA gdoes gnot gpay gfor gmedical gbenefits gprovided gfor gtreatment gin ga gskilled
gnursing gfacility gbeyond
A) 100 gdays
B) 120 gdays
C) 30 gdays
D) 60 gdays g- gCORRECT gANSWER g-A) g100 gdays
When gan gapplicant gapplies gfor ginsurance, gthe gprocess gby gwhich gthe ginsurer gdetermines
gwhether gto gissue ga gpolicy gis gcalled
A) regulation
B) issuance
C) adverse gselection
D) underwriting g- gCORRECT gANSWER g-D) gunderwriting
According gto gthe gPPACA, gthe gmedical genrollment gtier gthat ghas g80% gactuarial gvalue gis gcalled
A) bronze
B) platinum
C) gold
D) silver g- gCORRECT gANSWER g-C) ggold
People gwith glow gincome gcan gbe gprovided gwith gmedical gassistance gthrough gwhich gprogram?
A) HSA
B) Medicare
