1|Page
XCEL SOLUTIONS – FINAL 2025/2026 EXAM WITH
ALL COMPLETE QUESTIONS AND DETAILED
CORRECT ANSWERS (VERIFIED) FOR
GUARANTEED PASS TOP-RATED A+.
XCEL
Pass all your XCEL Solutions Final Exams using this complete review
resource. It includes practice questions and key concepts from XCEL’s
training modules. The material covers life, health, and property
insurance fundamentals. Ideal for students preparing for insurance
licensing exams.
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 under a company group life plan
with a $50,000 death benefit. What is the Maximum amount
a spouse may be insured for under this program ......
ANSWER ....... $25,000
,2|Page
M is insured under a basic hospital/surgical expense policy.
A physician performs surgery on M. What determines the
claim M is eligible for ...... ANSWER ....... Determined
by the terms of the policy
A(n)__-_-_-_-_-_-_-_ beneficiary may be changed by the
policy owner without the consent of the beneficiary ......
ANSWER ....... Revocable
What is the MINIMUM benefit period that must be offered
by a long term care policy ...... ANSWER ....... 12
months
To terminate an agent's appointment, an insurance company
must ...... ANSWER ....... Send termination notice to
the Texas Department of Insurance
An agent gives a conditional receipt to a client for an
insurance policy after collecting the initial premium. When
will the policy become effective? ...... ANSWER .......
When the conditions of the receipt are met
Which of the following costs would a Basic
Hospital/Surgical policy cover? ...... ANSWER .......
Surgically removing a facial birthmark
Which of the following statements is CORRECT about an
agent who is taking an insurance application ......
ANSWER ....... The agent should have the applicant
initial any changes made on the application
,3|Page
Which statement is true about a whole life policy ......
ANSWER ....... Cash value may be borrowed against
How long does an insurance company appointment remain
in force ...... ANSWER ....... Until terminated
Which of the following statements about health coverage for
newborns is NOT true? ...... ANSWER ....... Coverage
is LIMITED to only congenital defects
Medicare Part A and Part B do NOT pay for ......
ANSWER ....... Dental care
An insurance company receives E's application for an
individual health policy. E did not complete all of the
medical history questions because she could not remember
the exact dates. E signed the policy and submitted it to the
insurance company anyway. A few weeks later, E suffers a
heart attack and is hospitalized without completing the
medical history questions and paying the initial premium. E
is not insured. Which of the following clauses details the
conditions that E did not meet? ...... ANSWER .......
Consideration clause
The percentage of an individuals primary insurance amount
determines the benefits paid in which of the following
programs ...... ANSWER ....... Social Security
Disability Income
, 4|Page
Q is severely injured in an automobile accident and becomes
totally disabled. How many months must Q be disabled
before being able to apply for Social Security disability
benefits? ...... ANSWER ....... 5 months
After an insured gives notice of loss, what must he/she do if
the insurer does not furnish forms ...... ANSWER .......
File written proof of loss
Which of the following types of care is typically not covered
in a long term care policy ...... ANSWER .......
acupuncture
Which of these does not constitute policy delivery ......
ANSWER ....... Policy issued with a rating
Which type of plan normally includes hospice benefits ......
ANSWER ....... Managed care plans
Non-occupational disability coverage is designed for ......
ANSWER ....... Employees who suffer non work related
disabilities, since work related disabilities are covered by
workers compensation
A policy of adhesion can only be modified by whom ......
ANSWER ....... The insurance company
G is an accountant who has ten employees and is concerned
about how the business would survive financially if G
became disabled. The type of policy which best addresses this
XCEL SOLUTIONS – FINAL 2025/2026 EXAM WITH
ALL COMPLETE QUESTIONS AND DETAILED
CORRECT ANSWERS (VERIFIED) FOR
GUARANTEED PASS TOP-RATED A+.
XCEL
Pass all your XCEL Solutions Final Exams using this complete review
resource. It includes practice questions and key concepts from XCEL’s
training modules. The material covers life, health, and property
insurance fundamentals. Ideal for students preparing for insurance
licensing exams.
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 under a company group life plan
with a $50,000 death benefit. What is the Maximum amount
a spouse may be insured for under this program ......
ANSWER ....... $25,000
,2|Page
M is insured under a basic hospital/surgical expense policy.
A physician performs surgery on M. What determines the
claim M is eligible for ...... ANSWER ....... Determined
by the terms of the policy
A(n)__-_-_-_-_-_-_-_ beneficiary may be changed by the
policy owner without the consent of the beneficiary ......
ANSWER ....... Revocable
What is the MINIMUM benefit period that must be offered
by a long term care policy ...... ANSWER ....... 12
months
To terminate an agent's appointment, an insurance company
must ...... ANSWER ....... Send termination notice to
the Texas Department of Insurance
An agent gives a conditional receipt to a client for an
insurance policy after collecting the initial premium. When
will the policy become effective? ...... ANSWER .......
When the conditions of the receipt are met
Which of the following costs would a Basic
Hospital/Surgical policy cover? ...... ANSWER .......
Surgically removing a facial birthmark
Which of the following statements is CORRECT about an
agent who is taking an insurance application ......
ANSWER ....... The agent should have the applicant
initial any changes made on the application
,3|Page
Which statement is true about a whole life policy ......
ANSWER ....... Cash value may be borrowed against
How long does an insurance company appointment remain
in force ...... ANSWER ....... Until terminated
Which of the following statements about health coverage for
newborns is NOT true? ...... ANSWER ....... Coverage
is LIMITED to only congenital defects
Medicare Part A and Part B do NOT pay for ......
ANSWER ....... Dental care
An insurance company receives E's application for an
individual health policy. E did not complete all of the
medical history questions because she could not remember
the exact dates. E signed the policy and submitted it to the
insurance company anyway. A few weeks later, E suffers a
heart attack and is hospitalized without completing the
medical history questions and paying the initial premium. E
is not insured. Which of the following clauses details the
conditions that E did not meet? ...... ANSWER .......
Consideration clause
The percentage of an individuals primary insurance amount
determines the benefits paid in which of the following
programs ...... ANSWER ....... Social Security
Disability Income
, 4|Page
Q is severely injured in an automobile accident and becomes
totally disabled. How many months must Q be disabled
before being able to apply for Social Security disability
benefits? ...... ANSWER ....... 5 months
After an insured gives notice of loss, what must he/she do if
the insurer does not furnish forms ...... ANSWER .......
File written proof of loss
Which of the following types of care is typically not covered
in a long term care policy ...... ANSWER .......
acupuncture
Which of these does not constitute policy delivery ......
ANSWER ....... Policy issued with a rating
Which type of plan normally includes hospice benefits ......
ANSWER ....... Managed care plans
Non-occupational disability coverage is designed for ......
ANSWER ....... Employees who suffer non work related
disabilities, since work related disabilities are covered by
workers compensation
A policy of adhesion can only be modified by whom ......
ANSWER ....... The insurance company
G is an accountant who has ten employees and is concerned
about how the business would survive financially if G
became disabled. The type of policy which best addresses this
