FLORIDA 2-15 HEALTH & LIFE (INCLUDING
ANNUITIES & VARIABLE CONTRACTS)
AGENT LICENSE PRACTICE EXAM 2026/2027
COMPREHENSIVE PRACTICE EXAMINATION .
DOMAIN 1: FLORIDA INSURANCE STATUTES, RULES & LICENSING (12 Questions)
Sub-Topic: Grace Periods & Claim Payment Windows (3 Questions)
Question 1 (Multiple-Choice) A Florida policyholder with a monthly premium mode on a whole
life insurance policy fails to remit their premium by the due date of March 1. Under Florida
Statute § 627.453, what is the minimum grace period the insurer must provide before the policy
lapses?
A. 15 days
B. 20 days
C. 30 days
D. 31 days
[CORRECT: C]
Rationale: Florida Statute § 627.453 mandates that every insurance contract must provide a
grace period of not less than 30 days within which payment of any premium after the first may
be made. During this grace period, the policy remains in force, and if a claim occurs, the
overdue premium (with interest not exceeding 8% per year) may be deducted from the
settlement
.
Question 2 (Multiple-Choice) A health insurance carrier receives a clean claim from a Florida
hospital on April 1, 2026. Under Florida's prompt pay requirements, by what date must the
insurer pay, deny, or request additional information regarding this claim?
A. April 15, 2026
B. April 30, 2026
C. May 1, 2026
D. May 16, 2026
,[CORRECT: D]
Rationale: Florida Statute § 627.6131 requires health insurers to pay or deny a clean claim
within 45 days of receipt. A "clean claim" is one that requires no additional information for
adjudication. Failure to comply subjects the insurer to statutory penalties and interest penalties
on the unpaid amount.
Question 3 (True/False) Under Florida law, if a life insurance policyholder pays premiums
quarterly rather than monthly, the insurer may reduce the grace period from 30 days to 20 days.
A. True
B. False
[CORRECT: B]
Rationale: Florida Statute § 627.453 establishes a minimum 30-day grace period for all
premium payment modes after the first premium. The statute does not permit insurers to
shorten this period based on premium payment frequency (monthly, quarterly, semi-annual, or
annual). The 30-day minimum applies universally to all policies delivered in Florida
.
Sub-Topic: Medicare Supplement Free Look Period (2 Questions)
Question 4 (Multiple-Choice) Mrs. Rodriguez, age 68, replaces her existing Medicare
Supplement Plan F with a new Plan G from a different Florida-licensed carrier. Under Florida
Statute § 627.674, how many days does she have to examine the new policy and return it for a
full refund if dissatisfied?
A. 10 days
B. 14 days
C. 21 days
D. 30 days
[CORRECT: D]
Rationale: Florida Statute § 627.674 provides a 30-day free look period for all Medicare
Supplement policies sold in Florida
. The insured may return the policy within 30 days of delivery for a full premium refund if
dissatisfied for any reason. This applies to both initial purchases and replacement policies.
(Note: Florida provides a 21-day free look for standard life insurance policies issued to seniors
age 65+, but Medicare Supplements specifically carry the 30-day provision.)
, Question 5 (True/False) A Florida agent selling a replacement Medicare Supplement policy must
inform the applicant in writing that they have a 30-day free look period and should not cancel
their existing policy until they are satisfied with the replacement.
A. True
B. False
[CORRECT: A]
Rationale: Florida Statute § 627.674 and Florida Administrative Code Rule 69O-170.015 require
agents to provide written notice of the 30-day free look period for Medicare Supplement
replacements. The agent must advise the applicant to maintain their existing coverage until the
replacement policy is accepted, ensuring no gap in coverage exists during the evaluation period
.
Sub-Topic: License Renewal & Continuing Education (3 Questions)
Question 6 (Multiple-Choice) A Florida 2-15 Health & Life Agent's license is set to expire on
April 30, 2027. According to Florida Statute § 626.2815 and current administrative rules, which
continuing education requirement must the agent complete to renew?
A. 24 hours every 2 years, including a 4-hour Law and Ethics course
B. 24 hours every 2 years, including a 5-hour Law and Ethics course
C. 40 hours every 2 years, including a 4-hour Law and Ethics course
D. 40 hours every 2 years, including a 5-hour Law and Ethics course
[CORRECT: A]
Rationale: Florida Statute § 626.2815 requires licensed agents to complete 24 hours of
continuing education every 2-year license period, including a mandatory 4-hour Law and
Ethics course
. The 5-hour figure referenced in older materials was updated; the current requirement is 4
hours of Law and Ethics instruction specifically covering Florida insurance statutes, rules, and
ethical responsibilities.
Question 7 (Select-All-That-Apply) Which of the following activities will prevent a Florida 2-15
agent from renewing their license? (Select all that apply.)
ANNUITIES & VARIABLE CONTRACTS)
AGENT LICENSE PRACTICE EXAM 2026/2027
COMPREHENSIVE PRACTICE EXAMINATION .
DOMAIN 1: FLORIDA INSURANCE STATUTES, RULES & LICENSING (12 Questions)
Sub-Topic: Grace Periods & Claim Payment Windows (3 Questions)
Question 1 (Multiple-Choice) A Florida policyholder with a monthly premium mode on a whole
life insurance policy fails to remit their premium by the due date of March 1. Under Florida
Statute § 627.453, what is the minimum grace period the insurer must provide before the policy
lapses?
A. 15 days
B. 20 days
C. 30 days
D. 31 days
[CORRECT: C]
Rationale: Florida Statute § 627.453 mandates that every insurance contract must provide a
grace period of not less than 30 days within which payment of any premium after the first may
be made. During this grace period, the policy remains in force, and if a claim occurs, the
overdue premium (with interest not exceeding 8% per year) may be deducted from the
settlement
.
Question 2 (Multiple-Choice) A health insurance carrier receives a clean claim from a Florida
hospital on April 1, 2026. Under Florida's prompt pay requirements, by what date must the
insurer pay, deny, or request additional information regarding this claim?
A. April 15, 2026
B. April 30, 2026
C. May 1, 2026
D. May 16, 2026
,[CORRECT: D]
Rationale: Florida Statute § 627.6131 requires health insurers to pay or deny a clean claim
within 45 days of receipt. A "clean claim" is one that requires no additional information for
adjudication. Failure to comply subjects the insurer to statutory penalties and interest penalties
on the unpaid amount.
Question 3 (True/False) Under Florida law, if a life insurance policyholder pays premiums
quarterly rather than monthly, the insurer may reduce the grace period from 30 days to 20 days.
A. True
B. False
[CORRECT: B]
Rationale: Florida Statute § 627.453 establishes a minimum 30-day grace period for all
premium payment modes after the first premium. The statute does not permit insurers to
shorten this period based on premium payment frequency (monthly, quarterly, semi-annual, or
annual). The 30-day minimum applies universally to all policies delivered in Florida
.
Sub-Topic: Medicare Supplement Free Look Period (2 Questions)
Question 4 (Multiple-Choice) Mrs. Rodriguez, age 68, replaces her existing Medicare
Supplement Plan F with a new Plan G from a different Florida-licensed carrier. Under Florida
Statute § 627.674, how many days does she have to examine the new policy and return it for a
full refund if dissatisfied?
A. 10 days
B. 14 days
C. 21 days
D. 30 days
[CORRECT: D]
Rationale: Florida Statute § 627.674 provides a 30-day free look period for all Medicare
Supplement policies sold in Florida
. The insured may return the policy within 30 days of delivery for a full premium refund if
dissatisfied for any reason. This applies to both initial purchases and replacement policies.
(Note: Florida provides a 21-day free look for standard life insurance policies issued to seniors
age 65+, but Medicare Supplements specifically carry the 30-day provision.)
, Question 5 (True/False) A Florida agent selling a replacement Medicare Supplement policy must
inform the applicant in writing that they have a 30-day free look period and should not cancel
their existing policy until they are satisfied with the replacement.
A. True
B. False
[CORRECT: A]
Rationale: Florida Statute § 627.674 and Florida Administrative Code Rule 69O-170.015 require
agents to provide written notice of the 30-day free look period for Medicare Supplement
replacements. The agent must advise the applicant to maintain their existing coverage until the
replacement policy is accepted, ensuring no gap in coverage exists during the evaluation period
.
Sub-Topic: License Renewal & Continuing Education (3 Questions)
Question 6 (Multiple-Choice) A Florida 2-15 Health & Life Agent's license is set to expire on
April 30, 2027. According to Florida Statute § 626.2815 and current administrative rules, which
continuing education requirement must the agent complete to renew?
A. 24 hours every 2 years, including a 4-hour Law and Ethics course
B. 24 hours every 2 years, including a 5-hour Law and Ethics course
C. 40 hours every 2 years, including a 4-hour Law and Ethics course
D. 40 hours every 2 years, including a 5-hour Law and Ethics course
[CORRECT: A]
Rationale: Florida Statute § 626.2815 requires licensed agents to complete 24 hours of
continuing education every 2-year license period, including a mandatory 4-hour Law and
Ethics course
. The 5-hour figure referenced in older materials was updated; the current requirement is 4
hours of Law and Ethics instruction specifically covering Florida insurance statutes, rules, and
ethical responsibilities.
Question 7 (Select-All-That-Apply) Which of the following activities will prevent a Florida 2-15
agent from renewing their license? (Select all that apply.)
