XCEL Life and Health Insurance Test Review 2024 with complete solution

XCEL Life and Health Insurance Test Review 2024 with complete solution Period Certain - answerWhich annuity payout option allows the policy owner to choose a pre-determined number of benefit payments? Life only annuity - answerWhich annuity payout option has no additional payouts regardless of when the annuitant dies Errors and Omissions - answera professional liability for which producers can be sued for mistakes of putting a policy into effect irrevocable beneficiary - answerrequires the beneficiary's signature for any change to the beneficiary representations - answerstatements made by an insurance applicant on an application a specified amount of money - answerlife insurance policies guarantee the beneficiary what upon the death of the insured Endodontics - answercommon exclusion on a dental policy Home health care - answerWhich 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 - answerAccording to the Affordable Care Act, any plan in existence prior to which date is considered a grandfathered plan? Social Security Disability Income (SSDI) - answerWhich of the following is NOT a type of Medicare Advantage Plan? Preferred Provider Organization plan (PPO) - answerCoordination of Benefits regulation applies to all of the following plans EXCEPT