XCEL Solutions Final Exam 2026 Practice Test
200 Questions and Correct Answers/ XCEL Life
Insurance Final Practice Exam
Save
Terms in this set (206)
Insuring Which health policy clause Insuring
specifies the amount of benefits to
be paid
The investment gains from a The cash value
universal life policy usually go to
L takes out a life insurance policy Adjust the death benefit to a reduced amount
and dies 10 years later. During the
claim process, the insurer finds out
that the applicant misstated their
age. What will the insurer do?
An employee is covered under a $25,000
company group life plan with a
$50,000 death benefit. What is the
Maximum amount a spouse may be
insured for under this program
, M is insured under a basic Determined by the terms of the policy
hospital/surgical expense policy. A
physician performs surgery on M.
What determines the claim M is
eligible for
A(n)__-_-_-_-_-_-_-_ beneficiary may Revocable
be changed by the policy owner
without the consent of the
beneficiary
What is the MINIMUM benefit 12 months
period that must be offered by a
long term care policy
To terminate an agent's Send termination notice to the Texas Department
appointment, an insurance of Insurance
company must
An agent gives a conditional When the conditions of the receipt are met
receipt to a client for an insurance
policy after collecting the initial
premium. When will the policy
become effective?
Which of the following costs would Surgically removing a facial birthmark
a Basic Hospital/Surgical policy
cover?
Which of the following statements The agent should have the applicant initial any
is CORRECT about an agent who is changes made on the application
taking an insurance application
Which statement is true about a Cash value may be borrowed against
whole life policy
200 Questions and Correct Answers/ XCEL Life
Insurance Final Practice Exam
Save
Terms in this set (206)
Insuring Which health policy clause Insuring
specifies the amount of benefits to
be paid
The investment gains from a The cash value
universal life policy usually go to
L takes out a life insurance policy Adjust the death benefit to a reduced amount
and dies 10 years later. During the
claim process, the insurer finds out
that the applicant misstated their
age. What will the insurer do?
An employee is covered under a $25,000
company group life plan with a
$50,000 death benefit. What is the
Maximum amount a spouse may be
insured for under this program
, M is insured under a basic Determined by the terms of the policy
hospital/surgical expense policy. A
physician performs surgery on M.
What determines the claim M is
eligible for
A(n)__-_-_-_-_-_-_-_ beneficiary may Revocable
be changed by the policy owner
without the consent of the
beneficiary
What is the MINIMUM benefit 12 months
period that must be offered by a
long term care policy
To terminate an agent's Send termination notice to the Texas Department
appointment, an insurance of Insurance
company must
An agent gives a conditional When the conditions of the receipt are met
receipt to a client for an insurance
policy after collecting the initial
premium. When will the policy
become effective?
Which of the following costs would Surgically removing a facial birthmark
a Basic Hospital/Surgical policy
cover?
Which of the following statements The agent should have the applicant initial any
is CORRECT about an agent who is changes made on the application
taking an insurance application
Which statement is true about a Cash value may be borrowed against
whole life policy
