100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Xcel Life, Accident, Health License Exam Questions with 100% Correct Answers $12.49   Add to cart

Exam (elaborations)

Xcel Life, Accident, Health License Exam Questions with 100% Correct Answers

 7 views  0 purchase
  • Course
  • Xcel
  • Institution
  • Xcel

Xcel Life, Accident, Health License Exam Questions with 100% Correct Answers who is not eligible for social security survivor benefits? A. Full-time students under the age of 19 B. A deceased worker's dependent parents of any age C. A widow at any age who is caring for children younger than 16...

[Show more]

Preview 4 out of 218  pages

  • August 30, 2024
  • 218
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Xcel
  • Xcel
avatar-seller
SophiaBennett
©SOPHIABENNETT@2024-2025 Monday, August 26, 2024 6:09 AM




Xcel Life, Accident, Health License Exam
Questions with 100% Correct Answers

who is not eligible for social security survivor benefits?



A. Full-time students under the age of 19

B. A deceased worker's dependent parents of any age

C. A widow at any age who is caring for children younger than 16

D. A widow at full retirement age - Answer✔️✔️-A deceased worker's
dependent parents of any age



(must be at least 62 years old)

what does the group life underwriting risk selection process help protect
insurance companies from? - Answer✔️✔️-adverse selection

The open enrollment period for Medicare Part B is... - Answer✔️✔️-January
1 through March 31

The period in which there are no social security benefits for the surviving
spouse is called - Answer✔️✔️-Blackout period




1

, ©SOPHIABENNETT@2024-2025 Monday, August 26, 2024 6:09 AM



(begins when the youngest child turns 16 and continues until the spouse
reaches age 60 at the earliest)

____ is NOT an element of a valid contract?



A. countersignature

B. legal

C. competent parties

D. consideration - Answer✔️✔️-Countersignature

Major medical expense plans typically use a cost containment measure for
emergency hospital care. This is referred to as a(n)



- Limitation

- Exclusion

- Capitation

- Deductible - Answer✔️✔️-Deductible

What happens when an insurance policy is backdated?



- The policy's probation period is earlier than the present




2

, ©SOPHIABENNETT@2024-2025 Monday, August 26, 2024 6:09 AM



- The policy's effective date is earlier than the present

- The time frame from reinstating a lapsed policy is extended

- The policy's elimination period is waived - Answer✔️✔️-The Policy's
effective date is earlier than the present

which of the following does restorative dental treamtent cover?



- crowns

- cleanings

- xrays

- dentures - Answer✔️✔️-crowns

Under what order are people on the MRMIP waiting list allowed to enroll?



- Priority is give to those with the most serious health issues

- Based on the individual's date of birth

- Priority is given to California residents

- Based on the date an individual's application is received - Answer✔️✔️-
Based on the date an individual's application is received

What does a life insurance policy guarantee to the stated beneficiary upon
the death of the insured?


3

, ©SOPHIABENNETT@2024-2025 Monday, August 26, 2024 6:09 AM




- Funeral expense fund

- Specified amount of money

- Policy dividend

- Policy's cash value - Answer✔️✔️-Specified amount of money

Which type of life insurance offers flexible premiums, a flexible death
benefit, and the choice of how the cash value will be invested?



- Modified whole life policy

- Adjustable life policy

- Universal policy

- Variable universal policy - Answer✔️✔️-Variable universal policy

Which of these premium payment frequencies is not typically available to a
policyowner?



- Quarterly

- Semi-annual

- Bi-weekly




4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

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

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

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 SophiaBennett. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79223 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$12.49
  • (0)
  Add to cart