FLORIDAHEALTH
FLORIDA HEALTHAND
ANDLIFE
LIFEINSURANCE STATE
INSURANCE EXAM
STATE PRACTICE
EXAM PART 1
PRACTICE
QUESTIONS AND
QUESTIONS ANDANSWERS
ANSWERS 20252026
Which Accident
Which Accidentand
andHealth
Healthpolicy
policyprovision
provisionaddresses
addressespreexisting conditions?
preexisting conditions
- CORRECT ANSWER -Time Limit on Certain Defenses
Which of the following individual health insurance policies will provide the
broadest protection? - CORRECT ANSWER -Major Medical
Which of the following situations does NOT apply to the Florida Replacement
Rule? - CORRECT 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? - CORRECT
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
Page 1 of 25
,Under which of the following circumstances will the benefits under COBRA
continuation coverage end? - CORRECT 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? - CORRECT ANSWER -
Garunteed Renewable
An incomplete life insurance application submitted to an insurer will result in
which of these actions? - CORRECT 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 - CORRECT ANSWER -6 Months
Which of these statements is INCORRECT regarding the federal income tax
treatment of life insurance? - CORRECT ANSWER -Entire cash
surrender value is taxable
Which of these is considered a mandatory provision? - CORRECT
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? -
Page 2 of 25
, CORRECT 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? - CORRECT 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? - CORRECT
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: - CORRECT ANSWER -
$1,250
No benefits are available during the elimination period.
Who does an agent represent during the solicitation or insurance? -
CORRECT ANSWER -The insurance company
Which of the following costs would a Basic Hospital/Surgical policy likely
cover? - CORRECT ANSWER -Sugically removing a facial birthmark
Page 3 of 25
FLORIDA HEALTHAND
ANDLIFE
LIFEINSURANCE STATE
INSURANCE EXAM
STATE PRACTICE
EXAM PART 1
PRACTICE
QUESTIONS AND
QUESTIONS ANDANSWERS
ANSWERS 20252026
Which Accident
Which Accidentand
andHealth
Healthpolicy
policyprovision
provisionaddresses
addressespreexisting conditions?
preexisting conditions
- CORRECT ANSWER -Time Limit on Certain Defenses
Which of the following individual health insurance policies will provide the
broadest protection? - CORRECT ANSWER -Major Medical
Which of the following situations does NOT apply to the Florida Replacement
Rule? - CORRECT 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? - CORRECT
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
Page 1 of 25
,Under which of the following circumstances will the benefits under COBRA
continuation coverage end? - CORRECT 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? - CORRECT ANSWER -
Garunteed Renewable
An incomplete life insurance application submitted to an insurer will result in
which of these actions? - CORRECT 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 - CORRECT ANSWER -6 Months
Which of these statements is INCORRECT regarding the federal income tax
treatment of life insurance? - CORRECT ANSWER -Entire cash
surrender value is taxable
Which of these is considered a mandatory provision? - CORRECT
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? -
Page 2 of 25
, CORRECT 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? - CORRECT 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? - CORRECT
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: - CORRECT ANSWER -
$1,250
No benefits are available during the elimination period.
Who does an agent represent during the solicitation or insurance? -
CORRECT ANSWER -The insurance company
Which of the following costs would a Basic Hospital/Surgical policy likely
cover? - CORRECT ANSWER -Sugically removing a facial birthmark
Page 3 of 25
