(Answered) Florida Life and Health Pre-licensing Certification exam
Florida requires that coverage for newborns begins "from the moment of birth" and continues for 12 months 6 months 18 months 31 days - Ans: 18 months In Florida, a health policy that is paid on a quarterly basis requires a grace period of 7 days 31 days 45 days 10 days - Ans: 31 days In Florida, monthly-premium health insurance policies must provide a grace period of at least 31 days 7 days 10 days 14 days - Ans: 10 days Which action could result in a hearing being ordered by the Department of Financial Services? Conducting insurance business in this state while being a resident of another Sharing commissions with another licensed agent Performing insurance transactions without a license Representing a foreign insurer - Ans: Performing insurance transactions without a license W gave W's age as 50 when W purchased a Life policy. At the time of W's death seven years later, the company discovered W's true age at issue had been 59. What would the normal procedure be under the misstatement of age provision in regard to the payment of the death claim? When the principal gives the agent authority in writing, it's referred to as apparent authority imposed authority express authority implied authority - Ans: express authority Kathy pays a monthly premium on her health insurance policy. How long is her grace period? 31 days 45 days 10 days 7 days - Ans: 10 days States that have "no loss no gain" laws require a replacing policy to keep the same type of coverage as the policy it replaces pay for ongoing claims under the policy it replaces not charge a different premium from the policy it replaces pay for half of any ongoing claims under the policy it replaces - Ans: pay for ongoing claims under the policy it replaces Which of the following is a legal entity created for the sole purpose of providing affordable group health coverage to its participants? Fraternal Benefit Society Multiple Trust Arrangement (MTA) Multiple Purchasing Groups (MPG) Multiple Employer Welfare Arrangement (MEWA) - Ans: Multiple Employer Welfare Arrangement (MEWA) The time limit for filing claim disputes is addressed in which provision of an accident and health policy? Payment of claims Entire contract Time of payment of claims Legal actions - Ans: legal actions
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- Florida life and health
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- Florida life and health
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- 24 oktober 2024
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- 35
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- 2024/2025
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florida life and health
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florida life and health pre licensing
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life and health pre licensing
