Xcel final exam graded a - Study guides, Class notes & Summaries

INSURANCE LICENSE PRACTICE XCEL SOLUTIONS FINAL EXAM #12 - TEXAS LIFE ONLY EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ 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 di...

INSURANCE LICENSE PRACTICE XCEL SOLUTIONS FINAL EXAM #12 - TEXAS LIFE ONLY EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ 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 di...

Xcel solutions final exam Maryland Life and health Questions and answers with 100% Complete solutions | verified &updated 2024 | Graded A+ What is normally the consequence for NOT obtaining preadmission certification prior to receiving inpatient medical care? - A reduction in benefits A group-owned insurance company that is formed to assume and spread the liability risks of its members is known as a - Risk retention group During the application process, a statement made by an applicant that b...

XCEL FINAL EXAM 2024 QUESTIONS AND VERIFIED CORRECT ANSWERS LATEST UPDATE 100% RATED FOR PASS GRADED A+ Typically, Long-Term Disability benefits are coordinated with which benefit plan? Social Security The focus of major medical insurance is providing coverage for medical and hospitalization expenses An insured under a Major Medical expense plan with a zero deductible and 80/20 coinsurance provision files a $1,000 claim. How much of this claim is the insured responsible for? $200 beca...

Xcel Final Exam Comprehensive of Life and Health Insurance all Possible Questions and Answers With complete Solution Graded A+. Typically, Long-Term Disability benefits are coordinated with which benefit plan? Ans Social Security The focus of major medical insurance is providing coverage for Ans medical and hospitalization expenses An insured under a Major Medical expense plan with a zero deductible and 80/20 coinsurance provision files a $1,000 claim. How much of this claim is the insured...

An insured has a stop-loss limit of $5,000 and an 80/20 coinsurance. The insured incurs $25,000 of covered losses. How much will the insured pay? Ans $5,000 Which type of plan would be the most appropriate for an individual on Medicare and concerned that Medicare will NOT pay for charges exceeding the approved amount? Ans Medicare supplement Plan F When can a group health policy renewal be denied according to the Health Insurance Portability and Accountability Act (HIPAA)? Ans when contrib...

XCEL SOLUTIONS - FINAL EXAM LATEST QUESTIONS AND VERIFIED ANSWERS GRADED A+ UPDATED K has a life insurance policy where her husband is beneficiary and her daughter is contingent beneficiary. Under the Common Disaster clause, if K and her husband are both killed in an automobile accident, where would the death proceeds be directed? Daughter When is a Group Health policy required to provide coverage for a newborn child? At the moment of birth What is the required renewability status of all ...

Xcel Solutions Final Exam; California Life, Accident and Health Insurance Latest Score A+. What is the insurance term the State of California uses for an insurer that is eligible to transact business in this state? Ans Admitted Most U.S. life insurance companies belong to the Ans Medical Information Bureau Which of the following healthcare providers provide both the healthcare services and healthcare coverage? Ans Health Maintenance Organization (HMO) Which of the following is NOT covered ...