FLORIDA HEALTH AND LIFE INSURANCE EXAM |
2025 COMPLETE FLORIDA HEALTH & LIFE
INSURANCE ACTUAL EXAM WITH CORRECT
VERIFIED ANSWERS | ALREADY GRADED A+ |
BRAND NEW
How can an agent-in-charge have more than one location? - ✔✔✔ Correct
Answer > Only if the agent-in-charge is present when insurance activity
occurs
An insurance company incorporated under the laws of the state in
which its home office is located is called a(n) ___ company. - ✔✔✔ Correct
Answer > domestic
How long does the coverage normally remain on a limited-pay life
policy? - ✔✔✔ Correct Answer > age 100
A characteristic of Preferred Provider Organizations (PPOs) would be: -
✔✔✔ Correct Answer > Discounted fees for the patient (PPO - a group of
,doctors and hospitals in a designated area contract with an insurer to
provide services at a prearranged cost to the insured)
If an agent would like to sell Variable annuities, which state
examination must the agent pass? - ✔✔✔ Correct Answer > Life and Variable
contracts
ABC Insurance Company has accepted a life insurance application which
contains unanswered questions. The company then makes the
application part of the life contract. In this situation, the insurer has -
✔✔✔ Correct Answer > waived one of its legal rights
Accidental Death coverage is provided to commercial airline passengers
in which of the following types of policies? - ✔✔✔ Correct Answer > Blanket
Accident policy
According to Florida law, a Group Life insurance policy requires a
minimum of how many insureds? - ✔✔✔ Correct Answer > No minimum
,An insurance company receives E's application for an individual health
policy. E did not complete all of the medical history questions because
she could not remember the exact dates. E signed the policy and
submitted it to the insurance company anyway. A few weeks later, E
suffers a heart attack and is hospitalized without completing the
medical history questions and paying the initial premium. E is not
insured. Which of the following clauses details the conditions that E did
not meet? - ✔✔✔ Correct Answer > Consideration clause
If an individual has an Accidental Death and Dismemberment policy and
dies, and autopsy can be performed in all these situations, EXCEPT: -
✔✔✔ Correct Answer > When the state prohibits this by law
If an insurance company issues a Disability Income policy that it cannot
cancel of for which it cannot increase premiums, the type of
renewability that best describes the policy is called: - ✔✔✔ Correct Answer >
noncancellable
A disability elimination period is best described as a: - ✔✔✔ Correct Answer >
time deductible
, A Health Reimbursement Arrangement MUST be established: - ✔✔✔
Correct Answer > by the employer
A life policy loan in Florida cannot charge a fixed rate of interest higher
than - ✔✔✔ Correct Answer > 10%
A life policy with a death benefit that can fluctuate according to the
performance of its underlying investment portfolio is referred to as: -
✔✔✔ Correct Answer > Variable Life
A Multiple Employer Welfare Arrangement (MEWA) provides what type
of benefits? - ✔✔✔ Correct Answer > Insurance
A person insured under a health policy is required to give the insurance
company a Notice of Claim within how many days after a covered loss?
- ✔✔✔ Correct Answer > 20
2025 COMPLETE FLORIDA HEALTH & LIFE
INSURANCE ACTUAL EXAM WITH CORRECT
VERIFIED ANSWERS | ALREADY GRADED A+ |
BRAND NEW
How can an agent-in-charge have more than one location? - ✔✔✔ Correct
Answer > Only if the agent-in-charge is present when insurance activity
occurs
An insurance company incorporated under the laws of the state in
which its home office is located is called a(n) ___ company. - ✔✔✔ Correct
Answer > domestic
How long does the coverage normally remain on a limited-pay life
policy? - ✔✔✔ Correct Answer > age 100
A characteristic of Preferred Provider Organizations (PPOs) would be: -
✔✔✔ Correct Answer > Discounted fees for the patient (PPO - a group of
,doctors and hospitals in a designated area contract with an insurer to
provide services at a prearranged cost to the insured)
If an agent would like to sell Variable annuities, which state
examination must the agent pass? - ✔✔✔ Correct Answer > Life and Variable
contracts
ABC Insurance Company has accepted a life insurance application which
contains unanswered questions. The company then makes the
application part of the life contract. In this situation, the insurer has -
✔✔✔ Correct Answer > waived one of its legal rights
Accidental Death coverage is provided to commercial airline passengers
in which of the following types of policies? - ✔✔✔ Correct Answer > Blanket
Accident policy
According to Florida law, a Group Life insurance policy requires a
minimum of how many insureds? - ✔✔✔ Correct Answer > No minimum
,An insurance company receives E's application for an individual health
policy. E did not complete all of the medical history questions because
she could not remember the exact dates. E signed the policy and
submitted it to the insurance company anyway. A few weeks later, E
suffers a heart attack and is hospitalized without completing the
medical history questions and paying the initial premium. E is not
insured. Which of the following clauses details the conditions that E did
not meet? - ✔✔✔ Correct Answer > Consideration clause
If an individual has an Accidental Death and Dismemberment policy and
dies, and autopsy can be performed in all these situations, EXCEPT: -
✔✔✔ Correct Answer > When the state prohibits this by law
If an insurance company issues a Disability Income policy that it cannot
cancel of for which it cannot increase premiums, the type of
renewability that best describes the policy is called: - ✔✔✔ Correct Answer >
noncancellable
A disability elimination period is best described as a: - ✔✔✔ Correct Answer >
time deductible
, A Health Reimbursement Arrangement MUST be established: - ✔✔✔
Correct Answer > by the employer
A life policy loan in Florida cannot charge a fixed rate of interest higher
than - ✔✔✔ Correct Answer > 10%
A life policy with a death benefit that can fluctuate according to the
performance of its underlying investment portfolio is referred to as: -
✔✔✔ Correct Answer > Variable Life
A Multiple Employer Welfare Arrangement (MEWA) provides what type
of benefits? - ✔✔✔ Correct Answer > Insurance
A person insured under a health policy is required to give the insurance
company a Notice of Claim within how many days after a covered loss?
- ✔✔✔ Correct Answer > 20
