Xcel life policies exam - Study guides, Class notes & Summaries

XCEL Exam Solutions A partial surrender is allowed in which of the following life policies? - Universal life All of the following riders can increase the death benefit amount EXCEPT - Waiver of Premium A health insurance policy where the insurer has the right to terminate the policy fr reasons other than the insureds health is called - Conditionally Renewable A proposed insured for a health insurance policy was treated for heart disease within the past year. When applying for heal...

XCEL Simulator FL Exam 2023/2024 Questions and Answers (100%Verified) Rated A+. S recently received a $500,000 lump sum retirement buyout from her employer. She would like to buy an annuity that will immediately furnish herguaranteed income for life. What type of annuity is best suited for her situation? - Answer Single Premium. Immediate Annuities are purchasedsingle lump sum payment and will start providing income payments within the first year, but usually starting 30 days from the pur...

Xcel Testing Solutions- Life and Health Insurance- Weighted Exam- 150 Questions with Verified Solutions The Do Not Call Registry offers exemptions for calls placed from all of the following EXCEPT insurance sales calls Charities, political organizations, and surveys are all offered exemptions from The Do Not Call Registry The type of policy where the insurer can send a notice to the insured that the policy has been cancelled in the middle of the term is called cancelable The ren...

Xcel Life Insurance Exam Practice Questions and Answers Replacement regulation is designed to protect - Correct Answer ️️ -Policyowners from mirepresentation and loss of benefits All Health Benefit Plans issued after January 1, 2014 must provide - Correct Answer ️️ -Preventative health services Which of these will have the highest monthly payout upon annuitization - Correct Answer ️️ -Straight life Which of the following is included in the entire contract according ti the ent...

1 XCEL OHIO LIFE AND HEALTH EXAM STUDY QUESTIONS AND ANSWERS, 100% ACCURATE, RATED A+ completely and permanently disabled - -A waiver of premium rider allows an insured to waive premium payments if the insured is A paid premium - -Which of the following is an example of the insured's consideration? private duty nursing - -which of the following is NOT typically under "Hospital care" for most health insuring corporation 10 - -A life insurance policyowner is allowed __ days upon polic...

CT Life & Health Insurance Exam (XCEL Solutions & Prometric) Qs&As Laura added a children's rider to her life insurance policy. What type of coverage was added? - AnswerLevel term With life insurance, the needs approach is used primarily in determining - Answer-How much life insurance a client should apply for A(n) __________ is a licensee who charges a fee for contracted insurance advisory services. - AnswerConsultant Jonas is covered with disability insurance through his employer. The...

XCEL Simulator FL Exam 2023/2024 Questions and Answers (100%Verified) Rated A+. S recently received a $500,000 lump sum retirement buyout from her employer. She would like to buy an annuity that will immediately furnish herguaranteed income for life. What type of annuity is best suited for her situation? - Answer Single Premium. Immediate Annuities are purchasedsingle lump sum payment and will start providing income payments within the first year, but usually starting 30 days from the pur...

XCEL Kentucky Life and Health Final Exam 100% Solved S filed a written Proof of Loss for a Disability Income claim on September 1. The insurance company did not respond to the claim. S can take legal action against the insurer beginning: November 1 What is the excise tax rate the IRS imposes on individuals aged 70 1/2 or older who do not take the required minimum distributions from their qualified retirement plan? 50% The provision in a Group Health policy that allows the insurer to postpone ...

XCEL Simulator FL Exam 2023/2024 Questions and Answers (100%Verified) Rated A+. S recently received a $500,000 lump sum retirement buyout from her employer. She would like to buy an annuity that will immediately furnish herguaranteed income for life. What type of annuity is best suited for her situation? - Answer Single Premium. Immediate Annuities are purchasedsingle lump sum payment and will start providing income payments within the first year, but usually starting 30 days from the pur...

XCEL Exam Simulator FL S recently received a $500,000 lump sum retirement buyout from her employer. She would like to buy an annuity that will immediately furnish her with a guaranteed income for life. What type of annuity is best suited for her situation? - Single Premium. Immediate Annuities are purchased with a single lump sum payment and will start providing income payments within the first year, but usually starting 30 days from the purchase date. What type of group plan involve...