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XCEL TESTING SOLUTIONS LIFE AND HEALTH INSURANCE WEIGHTED EXAM ACTUAL EXAM LATEST VERSION COMPLETE 180 WRITTEN QUESTIONS AND CORRECT ANSWERS $11.49   Add to cart

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XCEL TESTING SOLUTIONS LIFE AND HEALTH INSURANCE WEIGHTED EXAM ACTUAL EXAM LATEST VERSION COMPLETE 180 WRITTEN QUESTIONS AND CORRECT ANSWERS

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XCEL TESTING SOLUTIONS LIFE AND HEALTH INSURANCE WEIGHTED EXAM ACTUAL EXAM LATEST VERSION COMPLETE 180 WRITTEN QUESTIONS AND CORRECT ANSWERS The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT - Answer️️ -insurance sales calls Charities, political...

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  • September 18, 2024
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  • 2024/2025
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  • 2024/2025
  • 2024/2025
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EmillyCharlotte
TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024

XCEL TESTING SOLUTIONS LIFE AND HEALTH INSURANCE
WEIGHTED EXAM 2024-2025 ACTUAL EXAM LATEST
VERSION COMPLETE 180 WRITTEN QUESTIONS AND
CORRECT ANSWERS


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 any time, simply by providing written notification to the insured

and refunding any advance premium that has been paid.

Barbara's policy includes a rider which allows her to purchase additional insurance at

specific dates or events without evidence of insurability. This rider is called a(n) -

Answer✔️✔️-Guaranteed insurability rider

A guaranteed insurability rider allows for the insured to purchase additional insurance

at specific dates or events without evidence of insurability.

Disability Income plans which require that the insurer can NEVER change or alter

premium rates are usually considered - Answer✔️✔️-Noncancellable

,TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
A noncancellable policy cannot be cancelled nor can its premium rates be increased

under any circumstances.

In what part of an insurance policy are policy benefits found? - Answer✔️✔️-Declarations

Essentially, the insurance declaration page is like a quick guide to the insurance policy,

providing all of the basic information the policyholder needs to know.

What happens if the insurer discovers that the insured's age was accidentally misstated

on an application for an individual life insurance policy? - Answer✔️✔️-Benefits will be

calculated according to how much coverage the premium paid would have purchased

for the correct age

Benefits will be calculated according to how much coverage the premium paid would

have purchased for the correct age.

Health insurance will typically cover which of the following perils? - Answer✔️✔️-Injury

due to accident

Accidental injury is typically a covered peril in health insurance.

A viatical settlement contract is an agreement between - Answer✔️✔️-A life insurance

policyowner and a viatical settlement provider

A viatical settlement contract is an agreement between a life insurance policyowner and

a viatical settlement provider.

Under the Affordable Care Act, how would a grandfathered health plan lose its

grandfathered status? - Answer✔️✔️-The insurer significantly raises co-insurance

charges, deductibles, or co-payment charges

,TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024
According to the Affordable Care Act, grandfathered health plans may lose their

grandfathered status if the insurer significantly raises co-insurance charges,

deductibles, or co-payment charges

Which of these techniques will remove the risk of losing money in the stock market by

never purchasing stocks? - Answer✔️✔️-Risk avoidance

Risk avoidance could eliminate the risk of losing money in the stock market by never

investing in stocks.

Which of the following nursing home options would BEST suit an individual who needs

some nursing care and supervision but NOT full-time care? - Answer✔️✔️-Assisted living

facilities

An assisted living facility would best suit an individual who needs some nursing care

and supervision but not full-time care.

Under Louisiana law, the agreement between an insurance producer and insurer under

which the insurance producer, for compensation, may sell, solicit, or negotiate policies

issued by the insurer is defined as - Answer✔️✔️-an appointment

The agreement between an insurance producer and insurer under which the insurance

producer, for compensation, may sell, solicit, or negotiate policies issued by the insurer

is called an appointment.

Which of these would NOT be considered a presumptive disability? - Answer✔️✔️-Loss

of a leg or arm

The loss of ONE arm or a leg is NOT considered a presumptive disability.

, TITLE: EMILLYCHARLOTTE 2024/2025 ACADEMIC PERIOD
OWNER: EMILLYCHARLOTTE
COPYRIGHT STATEMENT: ©2024 EMILLYCHARLOTTE. ALL RIGHTS RESERVED
FIRST PUBLISHED: SEPTEMBER 2024

A producer's license in Louisiana must be renewed every - Answer✔️✔️-Two years

Producer licenses are issued for periods of 2 years.

Bill requires some nursing care and supervision but NOT full-time care. Which of these

nursing home options would best serve him? - Answer✔️✔️-Assisted living

An assisted living facility would best suit an individual who needs some nursing care

and supervision but not full-time care.

The open enrollment period for Medicare Supplements begins at age - Answer✔️✔️-65

Open enrollment for Medicare Supplements begins at the age the individual becomes

eligible for Medicare, which is typically age 65.

Mark continues working after the age of 65 and is covered through his employer's group

health plan. Which of the following statements is TRUE? - Answer✔️✔️-Medicare is the

secondary payer

If an individual continues to work after the age of 65 and keeps the group plan, primary

coverage comes from the group insurance plan and Medicare is considered the

secondary payer.

A whole life policy option where extended term insurance is selected is called a(n) -

Answer✔️✔️-nonforfeiture option

A nonforfeiture provision in a whole life policy that uses cash value to purchase term

insurance equal to the existing amount of life insurance is called the extended term

option.

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