FLORIDA 2 15 INSURANCE LICENSE EXAM
SCRIPT 2026 VERIFIED QUESTIONS AND
SOLUTIONS WITH RATIONALES GRADED
A+
⩥ Employer-paid group life insurance plan:
Answer: noncontributory
⩥ Recovery and disability under Social Security:
Answer: FALSE
⩥ Social Security disability benefits waiting period:
Answer: After 5 months
⩥ Insuring Clause contents:
Answer: beneficiary EXCEPT
⩥ Stock company to mutual company:
Answer: mutual
⩥ Major medical policy safeguard feature:
,Answer: stop-loss
⩥ Legal representation in insurance transaction:
Answer: Acme Insurance Agency
⩥ Insurance clause in contract rules:
Answer: insurer and insured
⩥ Definition of 'ACC' disability:
Answer: FALSE
⩥ Correct Statement about Department of Financial Services'
Examination Right
Answer: Examination can be conducted at any time to discover unfair
trade practices
⩥ Rebating Example
Answer: Bill giving Jim tickets to a Florida Gators game
⩥ Type of Term Insurance with Level Protection
Answer: Level
, ⩥ Business Overhead Expense (B.O.E.) Insurance Benefit for Owner's
Salary
Answer: FALSE
⩥ Basic Forms of Insurance: Level, Decreasing, Increasing
Answer: Term
⩥ Coverage of Hospice Services under Medicare Part A
Answer: TRUE
⩥ Requirement for Group Health Insurers in Florida Regarding Mental
and Nervous Disorder Insurance
Answer: TRUE
⩥ Comparison of Deductibles: Group Major Medical vs. Individual
Health Plans
Answer: $1,000 plus
⩥ Benefits Package Requirement for Every HMO Subscriber
Answer: Copy of HMO contract, certificate, and member's handbook
⩥ Condition for Reinstatement of Life Insurance Policy
Answer: Not surrendered for cash value
SCRIPT 2026 VERIFIED QUESTIONS AND
SOLUTIONS WITH RATIONALES GRADED
A+
⩥ Employer-paid group life insurance plan:
Answer: noncontributory
⩥ Recovery and disability under Social Security:
Answer: FALSE
⩥ Social Security disability benefits waiting period:
Answer: After 5 months
⩥ Insuring Clause contents:
Answer: beneficiary EXCEPT
⩥ Stock company to mutual company:
Answer: mutual
⩥ Major medical policy safeguard feature:
,Answer: stop-loss
⩥ Legal representation in insurance transaction:
Answer: Acme Insurance Agency
⩥ Insurance clause in contract rules:
Answer: insurer and insured
⩥ Definition of 'ACC' disability:
Answer: FALSE
⩥ Correct Statement about Department of Financial Services'
Examination Right
Answer: Examination can be conducted at any time to discover unfair
trade practices
⩥ Rebating Example
Answer: Bill giving Jim tickets to a Florida Gators game
⩥ Type of Term Insurance with Level Protection
Answer: Level
, ⩥ Business Overhead Expense (B.O.E.) Insurance Benefit for Owner's
Salary
Answer: FALSE
⩥ Basic Forms of Insurance: Level, Decreasing, Increasing
Answer: Term
⩥ Coverage of Hospice Services under Medicare Part A
Answer: TRUE
⩥ Requirement for Group Health Insurers in Florida Regarding Mental
and Nervous Disorder Insurance
Answer: TRUE
⩥ Comparison of Deductibles: Group Major Medical vs. Individual
Health Plans
Answer: $1,000 plus
⩥ Benefits Package Requirement for Every HMO Subscriber
Answer: Copy of HMO contract, certificate, and member's handbook
⩥ Condition for Reinstatement of Life Insurance Policy
Answer: Not surrendered for cash value
