Xcel

Xcel Testing Solutions Life and Health Insurance 215 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ Which of these statements about Medicaid is CORRECT? - CORRECT ANSWER Funded by federal, sate, and local taxes Medicaid is funded by federal, state, and local taxes but is administered by each state. All of these are considered key factors in underwriting life insurance EXCEPT - CORRECT ANSWER Marital Status Correct: tobacco use, health history, age ...

Xcel Testing Solutions- Life and Health Insurance- Weighted Exam- 330 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ The focus of major medical insurance is providing coverage for - CORRECT ANSWER medical and hospitalization expenses An insured under a Major Medical expense plan with a zero deductible and 80/20 coinsurance provision files a $1,000 claim. How much of this claim is the insured responsible for? - CORRECT ANSWER $200 because this polic...

XCEL TESTING SOLUTIONS LIFE AND HEALTH INSURANCE WEIGHTED EXAM 2023- 2024 ACTUAL EXAM LATEST VERSION COMPLETE 300 WRITTEN QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A XCEL TESTING SOLUTIONS LIFE AND HEALTH INSURANCE WEIGHTED EXAM 2023- 2024 ACTUAL EXAM LATEST VERSION COMPLETE 300 WRITTEN QUESTIONS AND CORRECT DETAILED ANSWERS |ALREADY GRADED A

Irrevocable beneficiary - Correct answer-What kind of life insurance beneficiary requires his/her consent when a change of beneficiary is made? Anytime - Correct answer-When can a policy-owner change a revocable beneficiary? Daughter - Correct answer-K has a life insurance policy where her husband is beneficiary and her daughter is contingent beneficiary. Under the Common Disaster clause, if K and her husband are both killed in an automobile accident, where would the death proceeds be dire...

Who does a life settlement broker represent? - Correct answer-Individual wanting to sell their life policy to a third party What is the insurance term the State of California uses for an insurer that is eligible to transact business in this state? - Correct answer-Admitted Most U.S. life insurance companies belong to the - Correct answer-Medical Information Bureau Which of the following healthcare providers provide both the healthcare services and healthcare coverage? - Correct answer-Hea...

Replacement regulation is designed to protect - Correct answer-Policyowners from mirepresentation and loss of benefits All Health Benefit Plans issued after January 1, 2014 must provide - Correct answerPreventative health services Which of these will have the highest monthly payout upon annuitization - Correct answer-Straight life Which of the following is included in the entire contract according ti the entire contract provison? - Correct answer-Clauses Which of the following is consider...

Typically, Long-Term Disability benefits are coordinated with which benefit plan? - Correct answer-Social Security The focus of major medical insurance is providing coverage for - Correct answermedical and hospitalization expenses An insured under a Major Medical expense plan with a zero deductible and 80/20 coinsurance provision files a $1,000 claim. How much of this claim is the insured responsible for? - Correct answer-$200 because this policy has a zero deductible, the insures is only ...

The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT - Correct answer-insurance sales calls Charities, political organizations, and surveys are all offered exemptions from The Do Not Call Registry The type of policy where the insurer can send a notice to the insured that the policy has been cancelled in the middle of the term is called - Correct answer-cancelable The renewability provision in a cancelable policy allows the insurer to cancel or termi...

Xcel Testing Solutions- Life and Health Insurance- Weighted Exam- 150 Questions and Answers 2023 with complete solution The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT insurance sales calls Charities, political organizations, and surveys are all offered exemptions from The Do Not Call Registry The type of policy where the insurer can send a notice to the insured that the policy has been cancelled in the middle of the term is called cancelable ...

Xcel Life Insurance Exam 2023 Actual Test Questions and Answers with complete solution Replacement regulation is designed to protect Policyowners from mirepresentation and loss of benefits All Health Benefit Plans issued after January 1, 2014 must provide Preventative health services Which of these will have the highest monthly payout upon annuitization Straight life Which of the following is included in the entire contract according ti the entire contract provison? Clauses Which of t...