XCEL TESTING SOLUTIONS LIFE AND
HEALTH INSURANCE WEIGHTED EXAM 150
WRITTEN QUESTIONS WITH ANSWERS
EXAMINATION TEST 2026 COMPLETE
QUESTIONS AND SOLUTIONS GRADED A+
⩥ What is the contract called that is issued to an employer for a Group
Medical Insurance plan? Answer: Master policy
A single contract for Group Medical Insurance issued to an employer is
known as a master policy.
⩥ An appointing insurer has how many days to file a notice of
appointment with the Commissioner. Answer: 15
An appointing insurer has 15 days to file a notice of appointment with
the Commissioner.
⩥ The factor used most often when underwriting a disability income
policy is. Answer: annual earnings
⩥ Which of the following is NOT a required provision in an accident
and health insurance policy. Answer: change of occupation
The change of occupation provision is considered an OPTIONAL
provision.
,⩥ Which type of rider will waive the premium on a child's life insurance
policy if the parent paying the premium dies?. Answer: Payor benefit
A payor benefit will waive the premium on a juvenile life insurance
policy if the parent paying the premium dies.
⩥ In small group accident and health plans, a late enrollee is an
individual who. Answer: elects coverage after the initial eligibility
period
In small group accident and health plans, a late enrollee is an individual
who elects coverage after the initial eligibility period. The late enrollee
may be required to provide evidence of insurability.
⩥ Sonya applied for a health insurance policy on April 1. Her agent
submitted the information to the insurance company on April 6. She paid
the premium on May 15 with the policy indicating the effective date
being May 30. On which date would Sonya have coverage?. Answer:
May 30
The "effective date" is the health insurance coverage start date.
⩥ Which situation would qualify an individual for receiving benefits
from a qualified long-term care policy?. Answer: Becoming cognitively
impaired (mentally ill)
A qualified long-term care policy must pay benefits when an individual
is cognitively impaired.
, ⩥ The limited period of time given to all members to sign up for a group
health plan is called the. Answer: enrollment period
The enrollment period is a limited period of time during which all
members may sign up for a group plan.
⩥ When replacing individual health insurance, a producer should
compare existing benefits with the proposed new policy to determine if:.
Answer: Existing benefits would be maintained under the new plan
When replacing individual health insurance, a producer should compare
existing benefits with the proposed new policy to determine if existing
benefits would be maintained under the new plan.
⩥ In a Long-Term Care policy, activities of daily living (ADL's) can be
each of the following EXCEPT. Answer: Talking
Talking is not considered an activity of daily living (ADL) for Long-
Term Care insurance purposes.
Activities of daily living (ADLs) include bathing, dressing, eating,
mobility, transferring, toileting, and continence.
⩥ A Medicare Supplement Policy is. Answer: designed to fill in the gaps
of Part A and Part B Medicare
A Medicare Supplement policy is designed to fill in the gaps of Part A
and Part B Medicare.
HEALTH INSURANCE WEIGHTED EXAM 150
WRITTEN QUESTIONS WITH ANSWERS
EXAMINATION TEST 2026 COMPLETE
QUESTIONS AND SOLUTIONS GRADED A+
⩥ What is the contract called that is issued to an employer for a Group
Medical Insurance plan? Answer: Master policy
A single contract for Group Medical Insurance issued to an employer is
known as a master policy.
⩥ An appointing insurer has how many days to file a notice of
appointment with the Commissioner. Answer: 15
An appointing insurer has 15 days to file a notice of appointment with
the Commissioner.
⩥ The factor used most often when underwriting a disability income
policy is. Answer: annual earnings
⩥ Which of the following is NOT a required provision in an accident
and health insurance policy. Answer: change of occupation
The change of occupation provision is considered an OPTIONAL
provision.
,⩥ Which type of rider will waive the premium on a child's life insurance
policy if the parent paying the premium dies?. Answer: Payor benefit
A payor benefit will waive the premium on a juvenile life insurance
policy if the parent paying the premium dies.
⩥ In small group accident and health plans, a late enrollee is an
individual who. Answer: elects coverage after the initial eligibility
period
In small group accident and health plans, a late enrollee is an individual
who elects coverage after the initial eligibility period. The late enrollee
may be required to provide evidence of insurability.
⩥ Sonya applied for a health insurance policy on April 1. Her agent
submitted the information to the insurance company on April 6. She paid
the premium on May 15 with the policy indicating the effective date
being May 30. On which date would Sonya have coverage?. Answer:
May 30
The "effective date" is the health insurance coverage start date.
⩥ Which situation would qualify an individual for receiving benefits
from a qualified long-term care policy?. Answer: Becoming cognitively
impaired (mentally ill)
A qualified long-term care policy must pay benefits when an individual
is cognitively impaired.
, ⩥ The limited period of time given to all members to sign up for a group
health plan is called the. Answer: enrollment period
The enrollment period is a limited period of time during which all
members may sign up for a group plan.
⩥ When replacing individual health insurance, a producer should
compare existing benefits with the proposed new policy to determine if:.
Answer: Existing benefits would be maintained under the new plan
When replacing individual health insurance, a producer should compare
existing benefits with the proposed new policy to determine if existing
benefits would be maintained under the new plan.
⩥ In a Long-Term Care policy, activities of daily living (ADL's) can be
each of the following EXCEPT. Answer: Talking
Talking is not considered an activity of daily living (ADL) for Long-
Term Care insurance purposes.
Activities of daily living (ADLs) include bathing, dressing, eating,
mobility, transferring, toileting, and continence.
⩥ A Medicare Supplement Policy is. Answer: designed to fill in the gaps
of Part A and Part B Medicare
A Medicare Supplement policy is designed to fill in the gaps of Part A
and Part B Medicare.
