FLA (BUSINESS INSURANCE) HEALTH AND
LIFE AND ANNUITY EXAM QUESTIONS AND
ACCURATE SOLUTIONS RATED A AND
VERIFIED.
Which of the following statements is correct about the death benefit of a
life insurance policy?
it can be assigned by the policy owner
An insured who wants to guarantee that an accident and health policy will
remain in force even in the event of being disabled should purchase which
of the following riders?
Waiver of premium
Florida insurance law requires that if a Medicare supplement policy is sold
the agent must deliver an outline of coverage to the applicant no later
than...
when the application is taken
The entire contract provision in a health policy protects the insured by
ensuring that the policy includes all the agreed-upon terms and conditions
between the insurance company and the policyholder
An insurance company may lawfully refuse to issue health coverage
based on
pre-existing conditions
age
occupation
lifestyle factors
medical history
, Insurers may be insured by:
Reinsurers
In Florida, the max fixed interest rate allowed on a policy loan is:
???
Under federal law, a tax-exempt Health Savings Account can only be
opened for an individual who is...
enrolled in a high deductible health plan (HDHP)
not covered by other health insurance
not enrolled in medicare
not claimed as a dependent
Which of the following is correct about the coordination of benefits
provision?
Prevents an insured covered by two health plans from making a profit on a
covered loss
A full time employee who is suffering from chronic kidney failure and
requires dialysis is eligible for medical coverage under which of the
following plans?
Medicare
A type of health contract that allows the remaining partners in a business
to buy out the interests of a disabled business partner is known as:
Disability buy-sell
You see an accidental death and dismemberment policy. Which of the
following circumstances will an autopsy not be performed?
When the cause of death was an illness
Which of the following features of a life policy is used to restrict coverage?
An exclusion
LIFE AND ANNUITY EXAM QUESTIONS AND
ACCURATE SOLUTIONS RATED A AND
VERIFIED.
Which of the following statements is correct about the death benefit of a
life insurance policy?
it can be assigned by the policy owner
An insured who wants to guarantee that an accident and health policy will
remain in force even in the event of being disabled should purchase which
of the following riders?
Waiver of premium
Florida insurance law requires that if a Medicare supplement policy is sold
the agent must deliver an outline of coverage to the applicant no later
than...
when the application is taken
The entire contract provision in a health policy protects the insured by
ensuring that the policy includes all the agreed-upon terms and conditions
between the insurance company and the policyholder
An insurance company may lawfully refuse to issue health coverage
based on
pre-existing conditions
age
occupation
lifestyle factors
medical history
, Insurers may be insured by:
Reinsurers
In Florida, the max fixed interest rate allowed on a policy loan is:
???
Under federal law, a tax-exempt Health Savings Account can only be
opened for an individual who is...
enrolled in a high deductible health plan (HDHP)
not covered by other health insurance
not enrolled in medicare
not claimed as a dependent
Which of the following is correct about the coordination of benefits
provision?
Prevents an insured covered by two health plans from making a profit on a
covered loss
A full time employee who is suffering from chronic kidney failure and
requires dialysis is eligible for medical coverage under which of the
following plans?
Medicare
A type of health contract that allows the remaining partners in a business
to buy out the interests of a disabled business partner is known as:
Disability buy-sell
You see an accidental death and dismemberment policy. Which of the
following circumstances will an autopsy not be performed?
When the cause of death was an illness
Which of the following features of a life policy is used to restrict coverage?
An exclusion
