FLORIDA LAWS AND RULES CERTIFICATION EXAM SCRIPT FINAL PAPER COMPLETE QUESTIONS AND ANSWERS 2026

FLORIDA LAWS AND RULES CERTIFICATION
EXAM SCRIPT FINAL PAPER COMPLETE
QUESTIONS AND ANSWERS 2026

◉ A life insurance policyowner may sell their policy to a(n) _____ in
order to receive a percentage of the policy's face value.




viatical settlement provider




broker




insurer

,viator agent
Answer: viatical settlement provider


◉ Which of the following documents must an agent submit to the
replacing insurance company during the replacement of an existing
life insurance policy?




Notice to existing and replacing insurers of intention to replace




A list of all policies the agent has replaced in the last 3 years

,A statement made by the agent that NAIC guidelines have been met
during the replacement process




A copy of the agent's insurance license
Answer: Notice to existing and replacing insurers of intention to
replace


◉ A stock life insurance company that issues both participating and
nonparticipating policies is doing business on




a mixed plan

, a diverse plan




a multiple plan




an assorted plan
Answer: a mixed plan


◉ If a policyowner does not pay the premium by the due date, the




policy must be reinstated