Xcel Life Insurance Exam whit 100% Verified Answers
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Course
Xcel Life Insurance
Institution
Xcel Life Insurance
Xcel Life Insurance Exam whit 100% Verified Answers
1. Replacement regulation is designed to protect Policyowners
from
mirepresentation
and loss of
benefits
2. All Health Benefit Plans issued after January 1, 2014
must provide
3. Which of these will have the highest monthly payout
upon ann...
Xcel Life Insurance Exam whit 100% Verified Answers
1. Replacement regulation is designed to protect Policyowners
from
mirepresentation
and loss of
benefits
2. All Health Benefit Plans issued after January 1, 2014 Preventative
must provide health services
3. Which of these will have the highest monthly payout Straight life
upon annuitization
4. Which of the following is included in the entire con- Clauses
tract according ti the entire contract provison?
5. Which of the following is considered to be an alterna- Accelered death
tive to a life settlement? benefit rider
6. With a scheduled dental policy, how are covered ex- Benefits are lim-
pense paid? ited to a specif-
ic maximum dollar
amount per proce-
dure
7. Coordination of benefits regulation applies to all of Preferred provider
the following plans EXCEPT Organization plan
8. Which approach predicts a person's earning potential Human life value
and determines how much of that amount would be approach
devoted to dependents?
9. Which of the following policies does NOT build cash Term
value?
10. Which of these is a method of determining the level Human life value
of funds required for ongoing support in the event of
the breadwinner's death?
11. The free look period provided in a life insurance pol- 10 days
icy is usually
, Xcel Life Insurance Exam whit 100% Verified Answers
12. What does "SHOP" stand in SHOP Exchange? Small Business
Health Options
Program
13. An employer is issued a group medical insurance master policy
policy. This single contract is known as a(n)
14. Which of the following is NOT covered under Workers' Pain and suffering
Compensation?
15. Which of the following provides Medicare supple- Private insurance
ment policies? companies
16. A life settlement intermediary is a(n) association which
maintains a facility
that displays offers
and counteroffers
for purchasers or
sellers of life set-
tlement contracts
17. An annuitant dies during the distribution period. What Refund annuity
kind of annunity will return to a beneficiary the dif-
ference between the annunity value and the income
payment already made?
18. The is responsible for determining the appropriate- Agent
ness of a Medicare Supplement policy for an appli-
cant.
19. The purpose of the Coordination of Benefits provi- avoid overpay-
sion in group accident and health plans is to ment of claims
20. Medicaid is intended for poverty stricken
people
21. A provision that allows a policyowner to temporarily collateral assign-
give up ownership rights to secure a loan is called ment
a(n)
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