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XCEL INSURANCE EXAM QUESTIONS AND ANSWERS UNIVERSITY OF FLORIDA
What type of life insurance gives the greatest amount of coverage at a
limited period of time?
âœâ€Ã¢Å“â€Term Life
Which of these life insurance riders allows the applicant to have excess
coverage?
âœâ€Ã¢Å“â€Term rider
What type of life policy has a death benefit that adjusts periodically and is
written for a specific period of time.
âœâ€Ã¢Å“â€Decreasing Term
A 15-year Mortgage is best prote4ctedd by what kind of life policy?
âœâ€Ã¢Å“â€15-year decreasing term
Credit life insurance is..
âœâ€Ã¢Å“â€issued in an amount not to exceed the amount of the loan
What type of life insurance are credit policies issued as?
âœâ€Ã¢Å“â€Term
What kind of life insurance starts out as temporary coverage but can be
later modified to permanent coverage without evidence of insurability?
âœâ€Ã¢Å“â€Convertible Term
XCEL INSURANCE EXAM QUESTIONS AND ANSWERS UNIVERSITY OF FLORIDA
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