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

Comprehensive Final Certification Exam: Illinois Health Insurance (Xcel Solutions) Which type of long-term care benefit would be most appropriate for a stroke victim who requires speech therapy administered at her home? - Answer ️️ -home health care Jennifer is required to pay a specific sum out of pocket before any benefits are paid in a year. Her health policy most likely contains a(n) - Answer ️️ -deductible When a producer submits an insurance applicaton, the application is REQ...

XCEL LIFE INSURANCE FINAL EXAM XCEL SOLUTIONS LIFE INSURANCE EXAM 250 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

Shawn, Mike, and Dave are brothers who have a $100,000 "first to die" joint life policy covering all three of their lives. If Mike dies first, the policy proceeds A.) Will no longer provide insurance protection B.) Will go to Mike's estate C.) Wwill be divided by probate D.) Will not be paid until the last brother dies - A.) Will no longer provide insurance protection Susan is insured through her Group Health Insurance plan and changed her coverage to an individual plan with the sa...

Xcel solutions final exam Insuring Which health policy clause specifies the amount of benefits to be paid - Answer ️️ - Insuring The investment gains from a universal life policy usually go to - Answer ️️ -The cash value L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer finds out that the applicant misstated their age. What will the insurer do? - Answer ️️ -Adjust the death benefit to a reduced amount An employee is covered unde...

Xcel solutions final exam Maryland Life and health questions and answers 100% pass 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 becomes part of the contract is considered to be a(n) Warrant...

Xcel Solutions Final Exam(California Life, Accident, and Health Insurance Final exam questions and answers)2023

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...

Xcel Solutions Final Exam 2024 with Complete Solutions. Insuring Which health policy clause specifies the amount of benefits to be paid - ANSWER Insuring The investment gains from a universal life policy usually go to - ANSWER The cash value L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer finds out that the applicant misstated their age. What will the insurer do? - ANSWER Adjust the death benefit to a reduced amount An employee is cover...

Xcel Solutions Final Exam 2024 with Complete Solutions. Insuring Which health policy clause specifies the amount of benefits to be paid - ANSWER Insuring The investment gains from a universal life policy usually go to - ANSWER The cash value L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer finds out that the applicant misstated their age. What will the insurer do? - ANSWER Adjust the death benefit to a reduced amount An employee is cover...

Xcel Solutions Final Exam 2024 with Complete Solutions. Insuring Which health policy clause specifies the amount of benefits to be paid - ANSWER Insuring The investment gains from a universal life policy usually go to - ANSWER The cash value L takes out a life insurance policy and dies 10 years later. During the claim process, the insurer finds out that the applicant misstated their age. What will the insurer do? - ANSWER Adjust the death benefit to a reduced amount An employee is cover...

Xcel Solutions Final Exam (2024/ 2025) Questions and Verified Answers| 100% Correct| Grade A Q: Which type of plan normally includes hospice benefits Answer: Managed care plans Q: Non-occupational disability coverage is designed for Answer: Employees who suffer non work related disabilities, since work related disabilities are covered by workers compensation Q: A policy of adhesion can only be modified by whom Answer: The insurance company Q: G is an acc...