1|Page
Florida Life and Health Insurance (2026/2027) EXAM ||
MOST RECENT EXAM ACTUAL COMPLETE REAL
VERIFIED EXAM QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS) ALREADY GRADED
A+ | GUARANTEED SUCCESS!! NEWEST EXAM!!!
A group plan was recently terminated. In Florida, how
many days are covered individuals guaranteed coverage
after a group plan's termination? - Answer-31 days
The Financial Services Commission may hold hearings... -
Answer-For any reason deemed necessary
In Florida, an insurer domiciled and incorporated in this
state is called: - Answer-Domestic Company
According to Florida Law, which of the following
statements accurately describes an admitted mail order
insurance company? - Answer-It may solicit insurance
business by mail without the assistance of a licensed
agent
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According to Florida Law, an additional lapse notice must
be issued after the standard grace period has expired for
policyowners age... - Answer-64 years or older
Which action could result in a hearing being ordered by
the Department of Financial Services? - Answer-
Performing insurance transactions without a license
Which of the following professional organizations has its
code of ethics incorporated into Florida Law? - Answer-
National Association of Insurance and Financial Advisors
NAIFA
Which entity approves the insurance policy forms used in
Florida? - Answer-Office of Insurance Regulation OIR
In Florida, agents are allowed to engage in rebating if... -
Answer-Offered to all insureds in the same actuarial class
In Florida, when agents recommend changes be made for
existing coverage, the agent must follow established
procedures. The name of this rule is called the... - Answer-
Florida Replacement Rule
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Within how many days must a licensee notify the
Department of Financial Services of a change in address?
- Answer-30
All of the following entries are classified under the four
principal areas of Florida Insurance Law EXCEPT: -
Answer-An agent's commission
Which of the following factors is NOT considered when the
Department of Financial Services determines if an agent's
home is an insurance agency? - Answer-The amount of
premium collected at this location
Florida requires that an insurance agent must complete __
hours of continuing education on the subject of law and
ethics every two years. - Answer-5
Agents that have been licensed for less than 6 years must
complete __ hours of continuing education every two
years. - Answer-24
A licensed agent must be appointed by an insurance
company to solicit insurance in Florida. The agent's
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license will terminate if a certain period of time elapses
without being appointed. How long is this period of time? -
Answer-48 months
What is the maximum percentage of controlled business
an agent may produce? - Answer-50%
In Florida, an element of an insurance transaction would
be... - Answer-Issuing an insurance contract
The Bureau of Unclaimed Property is overseen by... -
Answer-Chief Financial Officer
One of the stated purposes of the Life and Health
Insurance Guaranty Association is... - Answer-To assist in
the prevention of insurers insolvencies
The Life and Health Insurance Guaranty Association is
funded by... - Answer-Assessments on member
companies
Florida Life and Health Insurance (2026/2027) EXAM ||
MOST RECENT EXAM ACTUAL COMPLETE REAL
VERIFIED EXAM QUESTIONS AND CORRECT
ANSWERS (VERIFIED ANSWERS) ALREADY GRADED
A+ | GUARANTEED SUCCESS!! NEWEST EXAM!!!
A group plan was recently terminated. In Florida, how
many days are covered individuals guaranteed coverage
after a group plan's termination? - Answer-31 days
The Financial Services Commission may hold hearings... -
Answer-For any reason deemed necessary
In Florida, an insurer domiciled and incorporated in this
state is called: - Answer-Domestic Company
According to Florida Law, which of the following
statements accurately describes an admitted mail order
insurance company? - Answer-It may solicit insurance
business by mail without the assistance of a licensed
agent
,2|Page
According to Florida Law, an additional lapse notice must
be issued after the standard grace period has expired for
policyowners age... - Answer-64 years or older
Which action could result in a hearing being ordered by
the Department of Financial Services? - Answer-
Performing insurance transactions without a license
Which of the following professional organizations has its
code of ethics incorporated into Florida Law? - Answer-
National Association of Insurance and Financial Advisors
NAIFA
Which entity approves the insurance policy forms used in
Florida? - Answer-Office of Insurance Regulation OIR
In Florida, agents are allowed to engage in rebating if... -
Answer-Offered to all insureds in the same actuarial class
In Florida, when agents recommend changes be made for
existing coverage, the agent must follow established
procedures. The name of this rule is called the... - Answer-
Florida Replacement Rule
,3|Page
Within how many days must a licensee notify the
Department of Financial Services of a change in address?
- Answer-30
All of the following entries are classified under the four
principal areas of Florida Insurance Law EXCEPT: -
Answer-An agent's commission
Which of the following factors is NOT considered when the
Department of Financial Services determines if an agent's
home is an insurance agency? - Answer-The amount of
premium collected at this location
Florida requires that an insurance agent must complete __
hours of continuing education on the subject of law and
ethics every two years. - Answer-5
Agents that have been licensed for less than 6 years must
complete __ hours of continuing education every two
years. - Answer-24
A licensed agent must be appointed by an insurance
company to solicit insurance in Florida. The agent's
, 4|Page
license will terminate if a certain period of time elapses
without being appointed. How long is this period of time? -
Answer-48 months
What is the maximum percentage of controlled business
an agent may produce? - Answer-50%
In Florida, an element of an insurance transaction would
be... - Answer-Issuing an insurance contract
The Bureau of Unclaimed Property is overseen by... -
Answer-Chief Financial Officer
One of the stated purposes of the Life and Health
Insurance Guaranty Association is... - Answer-To assist in
the prevention of insurers insolvencies
The Life and Health Insurance Guaranty Association is
funded by... - Answer-Assessments on member
companies
