1
Florida 2-15 Insurance License Exam
2026- Latest Actual Questions And
Verified Solutions
Accumulation units are converted into annuity units: - correct-answer -at the time
of annuity payout.
A group life insurance plan in which the employer pays the entire premium is
known as a ________________ plan. - correct-answer -noncontributory
If a disabled worker covered under Social Security disability benefits recovers and
then is disabled again within five years, a new waiting period is required before
benefits begin again. - correct-answer -FALSE
Robert had an accident and qualified for Social Security disability. Given the
waiting period, when will Robert begin to receive benefits? - correct-answer -After
5 months
, 2
The Insuring Clause includes all of the following EXCEPT the - correct-answer -
beneficiary
Mutualization occurs when a stock company turns to a __________ company. -
correct-answer -mutual
To provide a safeguard for insureds, most major medical policies contain a
____________ feature that limits the insured's out-of-pocket expenses. - correct-
answer -stop-loss
Tom is a newly appointed life, health and variable annuity agent with Acme
Insurance Agency. He is writing his first insurance policy on his brother-in-law's
life. Who does Tom legally represent in this transaction? - correct-answer -Acme
Insurance Agency
An insurance clause is a distinct article in a formal document that establishes the
rules in the contract that _____________________ must adhere to. - correct-
answer -both the insurer and the insured
"ACC" refers to the type of disability that prevents someone from performing the
job he was performing prior to the disability. - correct-answer -FALSE
, 3
Which statement is CORRECT about the Department of Financial Services' right to
examine an agent's records? - correct-answer -An examination can be conducted
at any time to discover any unfair trade practices.
Bill gives Jim a couple of tickets to a Florida Gators game to thank him for
purchasing a policy. This is an example of: - correct-answer -rebating
____________ term insurance provides a level amount of protection for a
specified period, after which the policy expires. - correct-answer -Level
Business overhead expense (B.O.E.) insurance does not provide benefits to cover
the business owner's salary. - correct-answer -TRUE
Level, decreasing, and increasing insurance are all basic forms of ____________
insurance. - correct-answer -term
Hospice services are covered under Medicare Part A. - correct-answer -TRUE
Florida 2-15 Insurance License Exam
2026- Latest Actual Questions And
Verified Solutions
Accumulation units are converted into annuity units: - correct-answer -at the time
of annuity payout.
A group life insurance plan in which the employer pays the entire premium is
known as a ________________ plan. - correct-answer -noncontributory
If a disabled worker covered under Social Security disability benefits recovers and
then is disabled again within five years, a new waiting period is required before
benefits begin again. - correct-answer -FALSE
Robert had an accident and qualified for Social Security disability. Given the
waiting period, when will Robert begin to receive benefits? - correct-answer -After
5 months
, 2
The Insuring Clause includes all of the following EXCEPT the - correct-answer -
beneficiary
Mutualization occurs when a stock company turns to a __________ company. -
correct-answer -mutual
To provide a safeguard for insureds, most major medical policies contain a
____________ feature that limits the insured's out-of-pocket expenses. - correct-
answer -stop-loss
Tom is a newly appointed life, health and variable annuity agent with Acme
Insurance Agency. He is writing his first insurance policy on his brother-in-law's
life. Who does Tom legally represent in this transaction? - correct-answer -Acme
Insurance Agency
An insurance clause is a distinct article in a formal document that establishes the
rules in the contract that _____________________ must adhere to. - correct-
answer -both the insurer and the insured
"ACC" refers to the type of disability that prevents someone from performing the
job he was performing prior to the disability. - correct-answer -FALSE
, 3
Which statement is CORRECT about the Department of Financial Services' right to
examine an agent's records? - correct-answer -An examination can be conducted
at any time to discover any unfair trade practices.
Bill gives Jim a couple of tickets to a Florida Gators game to thank him for
purchasing a policy. This is an example of: - correct-answer -rebating
____________ term insurance provides a level amount of protection for a
specified period, after which the policy expires. - correct-answer -Level
Business overhead expense (B.O.E.) insurance does not provide benefits to cover
the business owner's salary. - correct-answer -TRUE
Level, decreasing, and increasing insurance are all basic forms of ____________
insurance. - correct-answer -term
Hospice services are covered under Medicare Part A. - correct-answer -TRUE
