Xcel solutions final exam Study guides, Class notes & Summaries

Shawn, Mike, and Dave are brothers who have a $100,000 "first to die" joint life policy covering all three of their lives. If Mike dies first, the policy proceeds A.) Will no longer provide insurance protection B.) Will go to Mike's estate C.) Wwill be divided by probate D.) Will not be paid until the last brother dies - Answer-A.) Will no longer provide insurance protection Susan is insured through her Group Health Insurance plan and changed her coverage to an individual plan with...

XCEL Testing Solutions (Life & Health) Final Practice Exam Questions With 100% Correct Answers

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Xcel Solutions Final Exam; California Life, Accident, and Health Insurance. (100% verified)

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Xcel solutions final exam/Answered/A+ Rated Xcel solutions final exam/Answered/A+ Rated Insuring Which health policy clause specifies the amount of benefits to be paid Insuring The investment gains from a universal life policy usually go to 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? Adjust the death benefit to a reduced amount An employee ...

Xcel Solutions Final Exam 2024 Who does a life settlement broker represent? - 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? - Answer ️️ -Admitted Most U.S. life insurance companies belong to the - Answer ️️ -Medical Information Bureau Which of the following healthcare providers provide both the healthcare services and healthcare ...

Xcel Testing Solutions (Life & Health) Final 150 Question Practice Exam complete Questions and Answers When can a policy owner change a revocable beneficiary? M purchased an Accidental Death and Dismemberment (AD&D) policy and named his son as beneficiary. M has the right to change the beneficiary designation at anytime. What type of beneficiary is his son? How would a contingent beneficiary receive the policy proceeds in an Accidental Death and Dismemberment (AD&D) policy? What is the un...

Xcel solutions Final Exam Questions and Answers_Verified and well updated_2024

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...