Xcel solutions exam 2 - Study guides, Class notes & Summaries

XCEL SOLUTIONS EXAM 2024/2025 WITH 100% CORRECT ANSWERS An accident and Health insurance applicant who fails to includes material medical information on an application would be reason for the insurer to - correct answer deny any future claims and to refund the premium S has a Whole Life Policy with a premium payment due soon. Which provision would keep the policy in force if S does not make the required payment and the policy has adequate cash value from which the premium payment can be made...

Xcel Solutions West Virginia Insurance Exam 2 With complete solutions

Insurance license practice XCEL solutions FINAL EXAM #12 - Texas life only Questions with complete solution 2023 Question 1 Which settlement option pays a stated amount to an annuitant, but no residual value to a beneficiary? - correct answer Life income Question 2 A new agent must complete at least _____ hours of continuing education within 24 months of initial license? - correct answer 24 hours Question 3 L takes out a life insurance policy and dies 10 years later. During the c...

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) Answers>>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 Answers&...

Xcel solutions final exam 1. Insuring Which health policy clause specifies the amount of benefits to be paid: Insuring 2. The investment gains from a universal life policy usually go to: The cash value 3. L takes o

Xcel solutions exam 2 ACTUAL EXAM 2024 | ALL QUESTIONS AND CORRECT ANSWERS (ALREADY GRADED A+) | LATEST VERSION All of the following are qualifications for establishing a health savings account (HSA) EXCEPT enrolled in a high deductible health plan be under the age of 65 (not enrolled in medicare) enrolled in a health plan with a prescription drug benefit enrolled in a health plan that limits out of pocket expenses - ANSWER-enrolled in a health plan with a presc...

XCEL Solutions 2-15 Exam-Ch. 16 and 17

Xcel Solutions Legal concepts Exam 2024/2025 Questions With Guaranteed Solutions.