Xcel Life Insurance Final Exam With All CORRECT ANSWERs
Question 1:
K has a life insurance policy where her husband is beneficiary
and her daughter is contingent beneficiary. Under the Common
Disaster clause, if K and her husband are both killed in an
automobile accident, where would the death proceeds be
directed?
CORRECT ANSWER: Daughter
Question 2:
When is a Group Health policy required to provide coverage for
a newborn child?
CORRECT ANSWER: At the moment of birth
Question 3:
What is the required renewability status of all Medicare
supplement policies?
CORRECT ANSWER: Guaranteed renewable
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