Florida Health Insurance Exam with
Accurate Solutions
Accident - ANS-An unplanned, unforeseen event which occurs suddenly and at an
unspecified place
Accident Insurance - ANS-A type of insurance that protects the insured against loss due
to accidental bodily injury
Accidental Bodily Injury - ANS-Unplanned, unforeseen traumatic injury to the body
Accidental Death and Dismemberment - ANS-An insurance policy which pays a
specified amount or a specified multiple of the insured's benefit if the insured dies, loses
his/her sight, or loses two limbs due to an accident
Accidental Death Benefits - ANS-A policy rider that states that the cause of death will be
analyzed to determine if it complies with the policy description of accidental death
Activities of Daily Living - ANS-Activities individuals must do every day such as moving
about, getting dressed, eating, bathing, etc.
Actual Charge - ANS-The amount a physician or supplier actually bills for a particular
service or supply
Adhesion - ANS-A contract offered on a "take-it-or-leave-it" basis by an insurer, in which
the insured's only option is to accept or reject the contract. Any ambiguities in the
contract will be settled in favor of the insured
Admitted (Authorized) Insurer - ANS-An insurance company authorized and licensed to
transact insurance in a particular state
Adult Day Care - ANS-A program for impaired adults that attempts to meet their health,
social, and functional needs in a setting away from their homes
Adverse Selection - ANS-The tendency of risks with higher probability of loss to
purchase and maintain insurance more often than the risks who present lower
probability
Consumer Report - ANS-A written and/or oral statement regarding a consumer's credit,
character, reputation, or habits collected by a reporting agency from employment
records, credit reports, and other public sources
, Contract - ANS-An agreement between two or more parties enforceable by law
Contributory - ANS-A group insurance plan that requires the employees to pay part of
the premium
Coordination of Benefits - ANS-A provision that helps determine the primary provider in
situations where an insured is covered by more than one policy, thus avoiding claims
overpayments
Copayment - ANS-An arrangement in which an insured must pay a specified amount for
services "up front" and the provider pays the remainder of the cost
Custodial Care - ANS-Care that is rendered to help an insured complete his/her
activities of daily living
Death Benefit - ANS-The amount payable upon the death of the person whose life is
insured
Deductible - ANS-The portion of the loss that is to be paid by the insured before any
claim may be paid by the insurer
Defamation - ANS-An unfair trade practice in which one agent or insurer makes an
injurious statement about another with the intent of harming the person's or company's
reputation
Director - ANS-The chief executive and administrative officer of the Insurance
Department
Disability - ANS-A physical or mental impairment, either congenital or resulting from an
injury or sickness
Disability Income Insurance - ANS-Health insurance that provides periodic payments to
replace an insured's income when he/she is injured or ill
Disclosure - ANS-Am act of identifying the name of the producer, representative or firm,
limited insurance representative, or temporary insurance producer on any policy
solicitation
Domestic Insurer - ANS-An insurance company that is incorporated in the state
Domicile of Insurer - ANS-Insurer's location of incorporation and the legal ability to write
business in a state
Dread (Specified) Disease Policy - ANS-A policy with a high maximum limit that covers
certain diseases named in the contract (such as polio and meningitis)
Accurate Solutions
Accident - ANS-An unplanned, unforeseen event which occurs suddenly and at an
unspecified place
Accident Insurance - ANS-A type of insurance that protects the insured against loss due
to accidental bodily injury
Accidental Bodily Injury - ANS-Unplanned, unforeseen traumatic injury to the body
Accidental Death and Dismemberment - ANS-An insurance policy which pays a
specified amount or a specified multiple of the insured's benefit if the insured dies, loses
his/her sight, or loses two limbs due to an accident
Accidental Death Benefits - ANS-A policy rider that states that the cause of death will be
analyzed to determine if it complies with the policy description of accidental death
Activities of Daily Living - ANS-Activities individuals must do every day such as moving
about, getting dressed, eating, bathing, etc.
Actual Charge - ANS-The amount a physician or supplier actually bills for a particular
service or supply
Adhesion - ANS-A contract offered on a "take-it-or-leave-it" basis by an insurer, in which
the insured's only option is to accept or reject the contract. Any ambiguities in the
contract will be settled in favor of the insured
Admitted (Authorized) Insurer - ANS-An insurance company authorized and licensed to
transact insurance in a particular state
Adult Day Care - ANS-A program for impaired adults that attempts to meet their health,
social, and functional needs in a setting away from their homes
Adverse Selection - ANS-The tendency of risks with higher probability of loss to
purchase and maintain insurance more often than the risks who present lower
probability
Consumer Report - ANS-A written and/or oral statement regarding a consumer's credit,
character, reputation, or habits collected by a reporting agency from employment
records, credit reports, and other public sources
, Contract - ANS-An agreement between two or more parties enforceable by law
Contributory - ANS-A group insurance plan that requires the employees to pay part of
the premium
Coordination of Benefits - ANS-A provision that helps determine the primary provider in
situations where an insured is covered by more than one policy, thus avoiding claims
overpayments
Copayment - ANS-An arrangement in which an insured must pay a specified amount for
services "up front" and the provider pays the remainder of the cost
Custodial Care - ANS-Care that is rendered to help an insured complete his/her
activities of daily living
Death Benefit - ANS-The amount payable upon the death of the person whose life is
insured
Deductible - ANS-The portion of the loss that is to be paid by the insured before any
claim may be paid by the insurer
Defamation - ANS-An unfair trade practice in which one agent or insurer makes an
injurious statement about another with the intent of harming the person's or company's
reputation
Director - ANS-The chief executive and administrative officer of the Insurance
Department
Disability - ANS-A physical or mental impairment, either congenital or resulting from an
injury or sickness
Disability Income Insurance - ANS-Health insurance that provides periodic payments to
replace an insured's income when he/she is injured or ill
Disclosure - ANS-Am act of identifying the name of the producer, representative or firm,
limited insurance representative, or temporary insurance producer on any policy
solicitation
Domestic Insurer - ANS-An insurance company that is incorporated in the state
Domicile of Insurer - ANS-Insurer's location of incorporation and the legal ability to write
business in a state
Dread (Specified) Disease Policy - ANS-A policy with a high maximum limit that covers
certain diseases named in the contract (such as polio and meningitis)
