Florida 2-15 Insurance License Exam || Most Recent
Exam 2026-2027 Actual Complete Real Exam
Questions And Correct Answers (Verified Answers)
Already Graded A+ | Guaranteed Success!! Newest
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Florida statutes require licensees to notify the Department in
writing within _____ days after a change of name, residence
address, principal business street address, or mailing address.
- ANSWER -60
Which of the following best describes the basic principal of
group insurance? - ANSWER -It provides coverage for a
number of people under a single contract.
Under the surgical schedule method of a basic medical
expense plan, every
procedure: - ANSWER -is assigned a dollar amount by
the insurer.
Which of the following is an example of "churning?" -
ANSWER -Replacing a
policy within the same company in a deceptive or
misleading manner
,What is the Free Look Period for annuity contracts? - ANSWER -
14 days
Using preprinted material in a sales presentation is
recommended because: -
ANSWER -such material generally has been reviewed for
compliance.
The Social Security payroll tax is known as ____________ tax.
- ANSWER -
FICA
What is the operating objective of a stock insurance company?
- ANSWER -To
make a profit for its owners, the
stockholders
Most adjustable life policies are more expensive than
conventional term policies
or whole life policies. - ANSWER
-TRUE
HMOs reimburse their insureds for covered medical
expenses. - ANSWER -
FALSE
An agreement that provides that upon a business owner's
death, surviving owners will purchase the deceased's interest,
often with funds from life insurance policies owned by each
, principal on the lives of all other principals is the: - ANSWER -
Buy-Sell plan.
In Florida, which of the following groups are eligible for group
life insurance? - ANSWER -Typically, any type of legitimate
group is eligible to purchase a group life insurance policy.
In a guaranteed renewable health policy, the company may
increase premiums:
- ANSWER -only for an entire class of
insureds.
Under the Uniform Provisions Law, which of the following
provisions are
optional for a health policy? - ANSWER -Change of
Occupation
The person who has a health maintenance contract is
referred to as the: -
ANSWER –
subscriber
In order to qualify for Medicaid benefits, applicants must be at
least age ____,
blind or disabled, and meet other eligibility requirements.
- ANSWER -65
Under the Unfair Trade Practices Act, claim forms must be sent
to the insured
Exam 2026-2027 Actual Complete Real Exam
Questions And Correct Answers (Verified Answers)
Already Graded A+ | Guaranteed Success!! Newest
Exam | Just Released!!
Florida statutes require licensees to notify the Department in
writing within _____ days after a change of name, residence
address, principal business street address, or mailing address.
- ANSWER -60
Which of the following best describes the basic principal of
group insurance? - ANSWER -It provides coverage for a
number of people under a single contract.
Under the surgical schedule method of a basic medical
expense plan, every
procedure: - ANSWER -is assigned a dollar amount by
the insurer.
Which of the following is an example of "churning?" -
ANSWER -Replacing a
policy within the same company in a deceptive or
misleading manner
,What is the Free Look Period for annuity contracts? - ANSWER -
14 days
Using preprinted material in a sales presentation is
recommended because: -
ANSWER -such material generally has been reviewed for
compliance.
The Social Security payroll tax is known as ____________ tax.
- ANSWER -
FICA
What is the operating objective of a stock insurance company?
- ANSWER -To
make a profit for its owners, the
stockholders
Most adjustable life policies are more expensive than
conventional term policies
or whole life policies. - ANSWER
-TRUE
HMOs reimburse their insureds for covered medical
expenses. - ANSWER -
FALSE
An agreement that provides that upon a business owner's
death, surviving owners will purchase the deceased's interest,
often with funds from life insurance policies owned by each
, principal on the lives of all other principals is the: - ANSWER -
Buy-Sell plan.
In Florida, which of the following groups are eligible for group
life insurance? - ANSWER -Typically, any type of legitimate
group is eligible to purchase a group life insurance policy.
In a guaranteed renewable health policy, the company may
increase premiums:
- ANSWER -only for an entire class of
insureds.
Under the Uniform Provisions Law, which of the following
provisions are
optional for a health policy? - ANSWER -Change of
Occupation
The person who has a health maintenance contract is
referred to as the: -
ANSWER –
subscriber
In order to qualify for Medicaid benefits, applicants must be at
least age ____,
blind or disabled, and meet other eligibility requirements.
- ANSWER -65
Under the Unfair Trade Practices Act, claim forms must be sent
to the insured
