Florida Health and Life Insurance State Actual
Exam 2026 – Questions, Answers & Study
Guide | Graded A+
Which Accident and Health policy provision addresses preexisting conditions? * SELECTED
ANSWER 👀* Time Limit on Certain Defenses
Which of the following individual health insurance policies will provide the broadest
protection? * SELECTED ANSWER 👀* Major Medical
Which of the following situations does NOT apply to the Florida Replacement Rule? *
SELECTED ANSWER 👀* An existing policyholder purchases an additional policy from the
same insurer
Agent J takes an application and initial premium from an applicant and sends the application
and premium check to the insurance company. The insurance company returns the check
back to J because the check is made out to J instead of the insurance company. What
action should J take? * SELECTED ANSWER 👀* Return to the customer, collect a new
check made out to the insurance company, and send the new check out to the insurance
company
Under which of the following circumstances will the benefits under COBRA continuation
coverage end? * SELECTED ANSWER 👀* All group health plans are terminated by the
employer
Which type of renewability best describes a Disability Income policy that covers an
individual until the age of 65, but the insurer has the right to change the premium rate for the
overall risk class? * SELECTED ANSWER 👀* Garunteed Renewable
,An incomplete life insurance application submitted to an insurer will result in which of these
actions? * SELECTED ANSWER 👀* Application will be returned to the writting agent
The waiting period for a pre-existing condition under a Medicare Supplement policy may
NOT go beyond * SELECTED ANSWER 👀* 6 Months
Which of these statements is INCORRECT regarding the federal income tax treatment of
life insurance? * SELECTED ANSWER 👀* Entire cash surrender value is taxable
Which of these is considered a mandatory provision? * SELECTED ANSWER 👀* Payment
of Claims
Which of the following actions will an insurance company most likely NOT take if an
applicant, who has diabetes, applies for a Disability Income policy? * SELECTED ANSWER
👀* Issue the policy with an altered Time of Payment of Claims provision
Which of the following phrases refers to the fees charged by a healthcare professional? *
SELECTED ANSWER 👀* Usual, customary, and reasonable expenses
D was actively serving in the Marines when he was killed in an automobile accident while on
leave. His $100,000 Whole life policy contains a War Exclusion clause. How much will D's
beneficiary's receive? * SELECTED ANSWER 👀* The full face amount
N is covered under an individual Disability policy with a 30-day Elimination period and a
monthly benefit of $500. N is totally disabled for 3 1/2 months. N's total benefit received on
this claim is: * SELECTED ANSWER 👀* $1,250
No benefits are available during the elimination period.
, Who does an agent represent during the solicitation or insurance? * SELECTED ANSWER
👀* The insurance company
Which of the following costs would a Basic Hospital/Surgical policy likely cover? *
SELECTED ANSWER 👀* Sugically removing a facial birthmark
The federal income tax treatment of employer-provided group Medical Expense insurance
can be accurately described as: * SELECTED ANSWER 👀* Employee's premiums paid by
the employer is tax-deductible to the employer as a business expenditure
Premiums paid by an employer for an employee's coverage are deductible by the employer
as a buisness expense
What must the policyowner provide to the insurer for validation that a loss has occurred? *
SELECTED ANSWER 👀* proof of loss
Association Plans that are designed to provide health benefits to their members are
regulated by the state because * SELECTED ANSWER 👀* They are insured by and
authorized insurer
Which of the following statements is CORRECT about the period in which a Term Policy
can be converted? * SELECTED ANSWER 👀* It varies according to contracts
When does a life insurance contract become effective if the initial premium is not collected
during the application process? * SELECTED ANSWER 👀* When producer delives policy
and collects initial premium
Exam 2026 – Questions, Answers & Study
Guide | Graded A+
Which Accident and Health policy provision addresses preexisting conditions? * SELECTED
ANSWER 👀* Time Limit on Certain Defenses
Which of the following individual health insurance policies will provide the broadest
protection? * SELECTED ANSWER 👀* Major Medical
Which of the following situations does NOT apply to the Florida Replacement Rule? *
SELECTED ANSWER 👀* An existing policyholder purchases an additional policy from the
same insurer
Agent J takes an application and initial premium from an applicant and sends the application
and premium check to the insurance company. The insurance company returns the check
back to J because the check is made out to J instead of the insurance company. What
action should J take? * SELECTED ANSWER 👀* Return to the customer, collect a new
check made out to the insurance company, and send the new check out to the insurance
company
Under which of the following circumstances will the benefits under COBRA continuation
coverage end? * SELECTED ANSWER 👀* All group health plans are terminated by the
employer
Which type of renewability best describes a Disability Income policy that covers an
individual until the age of 65, but the insurer has the right to change the premium rate for the
overall risk class? * SELECTED ANSWER 👀* Garunteed Renewable
,An incomplete life insurance application submitted to an insurer will result in which of these
actions? * SELECTED ANSWER 👀* Application will be returned to the writting agent
The waiting period for a pre-existing condition under a Medicare Supplement policy may
NOT go beyond * SELECTED ANSWER 👀* 6 Months
Which of these statements is INCORRECT regarding the federal income tax treatment of
life insurance? * SELECTED ANSWER 👀* Entire cash surrender value is taxable
Which of these is considered a mandatory provision? * SELECTED ANSWER 👀* Payment
of Claims
Which of the following actions will an insurance company most likely NOT take if an
applicant, who has diabetes, applies for a Disability Income policy? * SELECTED ANSWER
👀* Issue the policy with an altered Time of Payment of Claims provision
Which of the following phrases refers to the fees charged by a healthcare professional? *
SELECTED ANSWER 👀* Usual, customary, and reasonable expenses
D was actively serving in the Marines when he was killed in an automobile accident while on
leave. His $100,000 Whole life policy contains a War Exclusion clause. How much will D's
beneficiary's receive? * SELECTED ANSWER 👀* The full face amount
N is covered under an individual Disability policy with a 30-day Elimination period and a
monthly benefit of $500. N is totally disabled for 3 1/2 months. N's total benefit received on
this claim is: * SELECTED ANSWER 👀* $1,250
No benefits are available during the elimination period.
, Who does an agent represent during the solicitation or insurance? * SELECTED ANSWER
👀* The insurance company
Which of the following costs would a Basic Hospital/Surgical policy likely cover? *
SELECTED ANSWER 👀* Sugically removing a facial birthmark
The federal income tax treatment of employer-provided group Medical Expense insurance
can be accurately described as: * SELECTED ANSWER 👀* Employee's premiums paid by
the employer is tax-deductible to the employer as a business expenditure
Premiums paid by an employer for an employee's coverage are deductible by the employer
as a buisness expense
What must the policyowner provide to the insurer for validation that a loss has occurred? *
SELECTED ANSWER 👀* proof of loss
Association Plans that are designed to provide health benefits to their members are
regulated by the state because * SELECTED ANSWER 👀* They are insured by and
authorized insurer
Which of the following statements is CORRECT about the period in which a Term Policy
can be converted? * SELECTED ANSWER 👀* It varies according to contracts
When does a life insurance contract become effective if the initial premium is not collected
during the application process? * SELECTED ANSWER 👀* When producer delives policy
and collects initial premium
