Florida Health and Life Insurance State
Quiz____?
Which Accident and Health policy provision addresses preexisting conditions? -
Answer✓✓
Time Limit on Certain Defenses
Quiz____?
Which of the following individual health insurance policies will provide the
broadest protection? -
Answer✓✓
Major Medical
Quiz____?
Which of the following situations does NOT apply to the Florida Replacement
Rule? -
Answer✓✓
An existing policyholder purchases an additional policy from the same insurer
Quiz____?
Agent J takes an application and initial premium from an applicant and sends
the application and premium check to the insurance company. The insurance
company returns the check back to J because the check is made out to J instead
of the insurance company. What action should J take? -
1
, Answer✓✓
Return to the customer, collect a new check made out to the insurance
company, and send the new check out to the insurance company
Quiz____?
Under which of the following circumstances will the benefits under COBRA
continuation coverage end? -
Answer✓✓
All group health plans are terminated by the employer
Quiz____?
Which type of renewability best describes a Disability Income policy that covers
an individual until the age of 65, but the insurer has the right to change the
premium rate for the overall risk class? -
Answer✓✓
Garunteed Renewable
Quiz____?
An incomplete life insurance application submitted to an insurer will result in
which of these actions? -
Answer✓✓
Application will be returned to the writting agent
Quiz____?
The waiting period for a pre-existing condition under a Medicare Supplement
policy may NOT go beyond -
2
, Answer✓✓
6 Months
Quiz____?
Which of these statements is INCORRECT regarding the federal income tax
treatment of life insurance? -
Answer✓✓
Entire cash surrender value is taxable
Quiz____?
Which of these is considered a mandatory provision? -
Answer✓✓
Payment of Claims
Quiz____?
Which of the following actions will an insurance company most likely NOT take
if an applicant, who has diabetes, applies for a Disability Income policy? -
Answer✓✓
Issue the policy with an altered Time of Payment of Claims provision
Quiz____?
Which of the following phrases refers to the fees charged by a healthcare
professional? -
Answer✓✓
Usual, customary, and reasonable expenses
3
, Quiz____?
D was actively serving in the Marines when he was killed in an automobile
accident while on leave. His $100,000 Whole life policy contains a War Exclusion
clause. How much will D's beneficiary's receive? -
Answer✓✓
The full face amount
Quiz____?
N is covered under an individual Disability policy with a 30-day Elimination
period and a monthly benefit of $500. N is totally disabled for 3 1/2 months. N's
total benefit received on this claim is: -
Answer✓✓
$1,250
No benefits are available during the elimination period.
Quiz____?
Who does an agent represent during the solicitation or insurance? -
Answer✓✓
The insurance company
Quiz____?
Which of the following costs would a Basic Hospital/Surgical policy likely cover?
-
Answer✓✓
4
Quiz____?
Which Accident and Health policy provision addresses preexisting conditions? -
Answer✓✓
Time Limit on Certain Defenses
Quiz____?
Which of the following individual health insurance policies will provide the
broadest protection? -
Answer✓✓
Major Medical
Quiz____?
Which of the following situations does NOT apply to the Florida Replacement
Rule? -
Answer✓✓
An existing policyholder purchases an additional policy from the same insurer
Quiz____?
Agent J takes an application and initial premium from an applicant and sends
the application and premium check to the insurance company. The insurance
company returns the check back to J because the check is made out to J instead
of the insurance company. What action should J take? -
1
, Answer✓✓
Return to the customer, collect a new check made out to the insurance
company, and send the new check out to the insurance company
Quiz____?
Under which of the following circumstances will the benefits under COBRA
continuation coverage end? -
Answer✓✓
All group health plans are terminated by the employer
Quiz____?
Which type of renewability best describes a Disability Income policy that covers
an individual until the age of 65, but the insurer has the right to change the
premium rate for the overall risk class? -
Answer✓✓
Garunteed Renewable
Quiz____?
An incomplete life insurance application submitted to an insurer will result in
which of these actions? -
Answer✓✓
Application will be returned to the writting agent
Quiz____?
The waiting period for a pre-existing condition under a Medicare Supplement
policy may NOT go beyond -
2
, Answer✓✓
6 Months
Quiz____?
Which of these statements is INCORRECT regarding the federal income tax
treatment of life insurance? -
Answer✓✓
Entire cash surrender value is taxable
Quiz____?
Which of these is considered a mandatory provision? -
Answer✓✓
Payment of Claims
Quiz____?
Which of the following actions will an insurance company most likely NOT take
if an applicant, who has diabetes, applies for a Disability Income policy? -
Answer✓✓
Issue the policy with an altered Time of Payment of Claims provision
Quiz____?
Which of the following phrases refers to the fees charged by a healthcare
professional? -
Answer✓✓
Usual, customary, and reasonable expenses
3
, Quiz____?
D was actively serving in the Marines when he was killed in an automobile
accident while on leave. His $100,000 Whole life policy contains a War Exclusion
clause. How much will D's beneficiary's receive? -
Answer✓✓
The full face amount
Quiz____?
N is covered under an individual Disability policy with a 30-day Elimination
period and a monthly benefit of $500. N is totally disabled for 3 1/2 months. N's
total benefit received on this claim is: -
Answer✓✓
$1,250
No benefits are available during the elimination period.
Quiz____?
Who does an agent represent during the solicitation or insurance? -
Answer✓✓
The insurance company
Quiz____?
Which of the following costs would a Basic Hospital/Surgical policy likely cover?
-
Answer✓✓
4
