XCEL Chapter 7 (CA Life, Accident, & Health) Q&A/ .
7 views 0 purchase
Course
CA Life and Health Insurance
Institution
CA Life And Health Insurance
XCEL Chapter 7 (CA Life, Accident, & Health) Q&A/ . Terms like:
What is required after a life agent sells an insurance policy to an applicant without being appointed by the insurer? - Answer: Notice of appointment must be submitted to the Commissioner
According to the California Insurance Cod...
XCEL Chapter 7 (CA Life, Accident, & Health)
Q&A/ 2024-2025.
What is required after a life agent sells an insurance policy to an applicant without
being appointed by the insurer? - Answer: Notice of appointment must be
submitted to the Commissioner
According to the California Insurance Code, what term is used to describe a fact so
important it could affect the policy premium? - Answer: Materiality
Which of the following actions is NOT allowed by Health Insurance Counseling and
Advocacy Program (HiCAP) counselors? - Answer: Charge a fee
According to the PPACA, an adult can be covered by a parent's health care plan
until what age? - Answer: Age 26
Page 1 of 7
, According to the California Insurance Code, what is "insurance"? - Answer: A
contract
The free-look period for life insurance policyowners age 60 or older is - Answer:
30 days
Which of the following is NOT considered to be an act of insurance solicitation? -
Answer: Publishing a magazine where one of the advertisers is an insurer
According to PPACA, how long can an adult be covered as a dependent under their
parents' insurance plan? - Answer: Up to age 26
How long must a policy be in force before an insurer is prohibited from denying
claims based on misstatements made on the health policy application? - Answer:
2 years
Kimberly is an employee on leave under the Family and Medical Leave Act (FMLA).
What will happen to her group health coverage? - Answer: She continues to be
enrolled during the leave
Paul has an existing annuity and is sold a new one, in which the new policy holds
no greater financial benefit to him than the existing contract. This is considered
a(n) - Answer: unnecessary replacement
Page 2 of 7
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Benzo. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $9.29. You're not tied to anything after your purchase.
