XCEL Solutions Final
Exam #12 Texas Life Only
2026 | Insurance License
Practice Questions
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Updated 2026 Questions and Answers
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Included
, Question 2 24 hours
A new agent must complete at least _____ hours of
continuing education within 24 months of initial license?
Question 3 Adjust the death benefits to a reduced amount
L takes out a life insurance policy and dies 10 years later.
During the claim process, the insurer discovers that L has
understated range on the application. Under the
misstatement of age provision the insurer will?
Question 4 And insurer exaggerating in dividends in a magazine advertisement
An example of false advertising would be?
Question 5 Another agent with the same line of insurance
With whom an agent legally share commissions?
Question 6 Other agents
Insurance agent as a fiduciary responsibility to all of the
following EXCEPT?
Question 7 Selling shares of stock
Which of these is not an example of doing insurance
business?
Question 8 Fiduciary responsibility
taking receipt of premiums and holding them for the
insurance company is an example of?
Question 9 Indexed annuity owners receive crediting interest time to the fluctuation of the
How does an indexed annuity differ from a fixed annuity? linked index
Question 10 Variable universal life
which of the following policies combines investment
choices with a form of Term coverage?
Question 11 Until terminated
How long does an insurance company appointment
remain in force?
Question 12 31 days
in Texas an individual life insurance policy is REQUIRED to
have a grace period of?
Question 13 A minimum guaranteed death benefit is provided
Which statement is TRUE regarding a variable whole life
policy?
Question 14 Unilateral
in an insurance contract the insurer is the only party who
makes a
Exam #12 Texas Life Only
2026 | Insurance License
Practice Questions
|Graded A+ | Guaranteed
success|
Updated 2026 Questions and Answers
100% Verified Exam Prep and Comprehensive
Rationales
Included
, Question 2 24 hours
A new agent must complete at least _____ hours of
continuing education within 24 months of initial license?
Question 3 Adjust the death benefits to a reduced amount
L takes out a life insurance policy and dies 10 years later.
During the claim process, the insurer discovers that L has
understated range on the application. Under the
misstatement of age provision the insurer will?
Question 4 And insurer exaggerating in dividends in a magazine advertisement
An example of false advertising would be?
Question 5 Another agent with the same line of insurance
With whom an agent legally share commissions?
Question 6 Other agents
Insurance agent as a fiduciary responsibility to all of the
following EXCEPT?
Question 7 Selling shares of stock
Which of these is not an example of doing insurance
business?
Question 8 Fiduciary responsibility
taking receipt of premiums and holding them for the
insurance company is an example of?
Question 9 Indexed annuity owners receive crediting interest time to the fluctuation of the
How does an indexed annuity differ from a fixed annuity? linked index
Question 10 Variable universal life
which of the following policies combines investment
choices with a form of Term coverage?
Question 11 Until terminated
How long does an insurance company appointment
remain in force?
Question 12 31 days
in Texas an individual life insurance policy is REQUIRED to
have a grace period of?
Question 13 A minimum guaranteed death benefit is provided
Which statement is TRUE regarding a variable whole life
policy?
Question 14 Unilateral
in an insurance contract the insurer is the only party who
makes a
