XCEL Life and Health Insurance Study guides, Class notes & Summaries

Xcel Life and Health Insurance Exam Alabama The State Government Regulates the Insurance Industry for the most part The Commissioner of Insurance enforces the insurance laws in Alabama and may: organize, supervise, and administer the Insurance. enforce all provisions in the Insurance Code. Issue Insurance licenses to qualified. Conduct investigations and examinations of insurance matters. Invoke any legal actions necessary to enforce Insurance laws. The Insurance Commissioner can cond...

Xcel Life and Health Insurance Exam Alabama The State Government Regulates the Insurance Industry for the most part The Commissioner of Insurance enforces the insurance laws in Alabama and may: organize, supervise, and administer the Insurance. enforce all provisions in the Insurance Code. Issue Insurance licenses to qualified. Conduct investigations and examinations of insurance matters. Invoke any legal actions necessary to enforce Insurance laws. The Insurance Commissioner can cond...

The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT -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 -ANSWER cancelable The renewability provision in a cancelable policy allows the insurer to cancel or terminate the policy at a...

Xcel Testing Solutions- Life and Health Insurance- Weighted Exam- 150 Questions with 100% Correct Answers | Verified | Latest Update 2024

Xcel Testing Solutions- Life and Health Insurance- Weighted Exam- 150 Questions and answers

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 The renewability provision in a cancelable policy allows the insurer to cancel or terminate the policy at any time, si...

Laws and Rules Pertinent to Insurance Exam 2024 A form of medical health insurance covering the treatment and care of gum disease is called: Medicaid Major Medical Franchise health policy Dental expense insurance - Answer ️️ -Dental expense insurance In South Carolina, what is the MAXIMUM length of time an insurer can defer payment of a cash surrender value of an annuity? 6 months 12 months 18 months 24 months - Answer ️️ -6 months When can a policy no longer be cancelled for...

Xcel solutions final exam Insuring Which health policy clause specifies the amount of benefits to be paid - Answer ️️ - Insuring The investment gains from a universal life policy usually go to - Answer ️️ -The cash value L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer finds out that the applicant misstated their age. What will the insurer do? - Answer ️️ -Adjust the death benefit to a reduced amount An employee is covered unde...

Xcel Final Exam 2024 Typically, Long-Term Disability benefits are coordinated with which benefit plan? - Answer ️️ -Social Security The focus of major medical insurance is providing coverage for - 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? - Answer ️️ -$200 because this policy has a zero deductib...