Xcel 2-15 Florida Life & Health State Exam Simulator Questions N Answers 2024/2025

which of the following is considered an accurate statement of an unfair trade practice? {Ans: twisting involves an agent using misrepresentation to convince a policyowner to cancel their current policy so that they can purchase a new life insurance policy with another company}which of the following can an agent provide to help a prospective client understand and purchase the most appropriate byproduct {Ans: buyers guide}which of the following statements best describes the intent of a coinsurance clause in a major medical policy {Ans: discourages overutilization of the insurance coverage}which of the following is an example of a nonforfeiture option {Ans: reduced paid up option}Under the USA Patriot Act, insurers are required to report receipt of cash payments in excess of {Ans: 10000}An employer that offers a qualified retirement plan to its employees is eligible to {Ans: make tax deductible contributions to the plan}which of the following statements is correct regarding an employer/employee group health plan {Ans: the employer receives a master policy and the employees receive certificates}the coordination of benefits (cob) provision exists in order to {Ans: avoid duplication of benefit payments}P received Disability income benefits for 3 months then returns to