FLORIDA 2-20 AGENT’S LICENSE FINAL
CERTIFICATION EVALUATION 2026 QUESTIONS
WITH PRACTICE SOLUTION GRADED A+
◉ K applies for a life insurance policy on herself and submits the
initial premium with the application. She is given a receipt by the
agent stating that coverage begins immediately if the application is
approved. What kind of receipt was used? Answer: Conditional
◉ A life insurance arrangement which circumvents insurable
interest statutes is called: Answer: Investor-Originated Life
Insurance
◉ Which of the following health policy provisions states that the
producer does NOT have the authority to change the policy or waive
any of its provisions? Answer: Entire Contract
◉ Within how many days after policy delivery can a Medicare
Supplement policy be returned for a 100% premium refund?
Answer: 30
◉ Which of the following is NOT an unfair claim settlement practice?
Answer: Needing written documentation of claim details
,◉ Who is NOT required to sign a life insurance application? Answer:
Beneficiary
◉ To be eligible for Social Security disability benefits, an employee
must be unable to perform: Answer: any occupation
◉ The type of annuity that can be purchased with one monetary
deposit is called a(n): Answer: Immediate annuity
◉ A life insurance application must be signed by all of these,
EXCEPT: Answer: beneficiary
◉ Which of the following is considered an accurate statement of an
unfair trade practice? Answer: 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
◉ The Accelerated Death Benefit provision in a life insurance policy
is also known as a(n): Answer: Living Benefit
◉ Which of the following policy features allows an insured to defer
current health charges to the following year's deductible instead of
the current year's deducitble? Answer: Carryover provision
, ◉ Insurance policies are considered aleatory contracts because
Answer: performance is conditioned upon a future occurrence
◉ Within how many days must a licensee notify the Department of
Financial Services of a change in address? Answer: 30
◉ Which organization was established to provide funds to protect
an insured in the event of an insurer's insolvency? Answer: Florida
Life and Health Insurance Guaranty Association
◉ The clause in an Accident and Health policy which defines the
benefit amounts the insurer will pay is called the: Answer: Insuring
clause
◉ When a policyowner cash surrenders a Universal Life insurance
policy in it's early years, this may be considered a red flag for a(n):
Answer: Anti-Money Laundering violation
◉ According to the Time Payment of Claims provision, the insurer
must pay Disability Income benefits no less frequently than which of
the following options? Answer: Monthly
◉ What would the Medical Information Bureau (MIB) identify?
Answer: Testing positive for marijuana use from a previous
screening
CERTIFICATION EVALUATION 2026 QUESTIONS
WITH PRACTICE SOLUTION GRADED A+
◉ K applies for a life insurance policy on herself and submits the
initial premium with the application. She is given a receipt by the
agent stating that coverage begins immediately if the application is
approved. What kind of receipt was used? Answer: Conditional
◉ A life insurance arrangement which circumvents insurable
interest statutes is called: Answer: Investor-Originated Life
Insurance
◉ Which of the following health policy provisions states that the
producer does NOT have the authority to change the policy or waive
any of its provisions? Answer: Entire Contract
◉ Within how many days after policy delivery can a Medicare
Supplement policy be returned for a 100% premium refund?
Answer: 30
◉ Which of the following is NOT an unfair claim settlement practice?
Answer: Needing written documentation of claim details
,◉ Who is NOT required to sign a life insurance application? Answer:
Beneficiary
◉ To be eligible for Social Security disability benefits, an employee
must be unable to perform: Answer: any occupation
◉ The type of annuity that can be purchased with one monetary
deposit is called a(n): Answer: Immediate annuity
◉ A life insurance application must be signed by all of these,
EXCEPT: Answer: beneficiary
◉ Which of the following is considered an accurate statement of an
unfair trade practice? Answer: 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
◉ The Accelerated Death Benefit provision in a life insurance policy
is also known as a(n): Answer: Living Benefit
◉ Which of the following policy features allows an insured to defer
current health charges to the following year's deductible instead of
the current year's deducitble? Answer: Carryover provision
, ◉ Insurance policies are considered aleatory contracts because
Answer: performance is conditioned upon a future occurrence
◉ Within how many days must a licensee notify the Department of
Financial Services of a change in address? Answer: 30
◉ Which organization was established to provide funds to protect
an insured in the event of an insurer's insolvency? Answer: Florida
Life and Health Insurance Guaranty Association
◉ The clause in an Accident and Health policy which defines the
benefit amounts the insurer will pay is called the: Answer: Insuring
clause
◉ When a policyowner cash surrenders a Universal Life insurance
policy in it's early years, this may be considered a red flag for a(n):
Answer: Anti-Money Laundering violation
◉ According to the Time Payment of Claims provision, the insurer
must pay Disability Income benefits no less frequently than which of
the following options? Answer: Monthly
◉ What would the Medical Information Bureau (MIB) identify?
Answer: Testing positive for marijuana use from a previous
screening
