Florida Licensing Exam
FLORIDA LICENSING EXAM NEWEST 2025/2026 COMPLETE 200
QUESTIONS AND CORRECT ANSWERS |ALREADY GRADED
A+||BRAND NEW VERSION!
Rachel owns a major medical health policy which requires her to pay the first $300
of covered expenses each year before the policy pays its benefits. The $300 is the
policy's:
1) coinsurance amount.
2) stop-loss amount.
3) deductible.
4) annual premium. - ANSWER-3) deductible.
A deductible is a stated initial dollar amount that the individual insured is required
to pay before insurnace benefits are paid.
The insurer has informed applicant Joan that adverse information has been
discovered through her credit report investigation. Joan requests a summary of
the information. The insurer has ______ days in which to provide Joan with the
information.
1) three
2) four
3) five
4) seven - ANSWER-3) five
If the applicant requests a summary of the nature and scope of the investigation,
the insurer must provide that information within five days.
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Buy-sell agreements can only be drafted by:
1) a paralegal.
2) an insurance agent.
3) a notary.
4) an attorney. - ANSWER-4) an attorney.
Self-explanatory
The health policy that always renews without an increase of premium could be
identified as:
1) noncancelable.
2) guaranteed renewable.
3) conditionally renewable.
4) unconditionally renewable. - ANSWER-1) noncancelable.
Noncancelable policies are also referred to as "noncan" policies. These policies
cannot be canceled, nor can the premiums be changed. Benefits are
predetermined as a fixed amount.
Defamation of character includes both libel (written) and slander (spoken) of a
person.
1) TRUE
2) FALSE - ANSWER-1) TRUE
Defamation of character is considered a personal attack - an attack on somebody's
good name, character, or reputation.
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, Florida Licensing Exam
Hospice services are covered under Medicare Part B.
1) TRUE
2) FALSE - ANSWER-2) FALSE
Hospice services are covered under Medicare hospitalization insurance (Part A).
Florida law requires minimum grace periods of _______ days for health policies
with premiums payable weekly.
1) 7
2) 10
3) 30
4) 31 - ANSWER-1) 7
Florida law requires minimum grace periods of 7 days on weekly premium health
insurance policies and 10 days for health policies with premiums payable monthly.
FAIFA defines appropriate and inappropriate business behavior for:
1) life insurance agents.
2) all insurance agents.
3) life insurance companies. - ANSWER-1) life insurance agents.
FAIFA defines appropriate and inappropriate business behavior for life insurance
agents as demonstrated by the association's Code of Ethics.
If a life insurance applicant is given a conditional receipt, what is the effective date
of coverage?
1) When the initial premium payment is received by the agent
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, Florida Licensing Exam
2) The time the insurer accepts the application and issues the policy
3) The time the applicant is given the receipt
4) When the initial premium payment is received by the insurer - ANSWER-2) The
time the insurer accepts the application and issues the policy
The conditional receipt is the most common form of receipt.
Roger is an insured surgeon who lost his hand in an auto accident and is unable to
perform surgery. In order for disability insurance to provide coverage, the policy
would have to define the status of Roger's disability as:
1) any occupation (acc).
2) own occupation (occ).
3) unknown, depending on the surgical field.
4) unknown, depending upon the surgeon's other qualifications. - ANSWER-2)
own occupation (occ).
"Occ" refers to the inability to perform the job the injured person was performing
before the disability or illness occurred or for which the individual is suited by
education, training and experience.
The Civil Rights Act of 1979 made it mandatory that group insurance provide
maternity benefits if an insured group consists of _______ or more participants.
1) 12
2) 15
3) 18
4) 20 - ANSWER-2) 15
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FLORIDA LICENSING EXAM NEWEST 2025/2026 COMPLETE 200
QUESTIONS AND CORRECT ANSWERS |ALREADY GRADED
A+||BRAND NEW VERSION!
Rachel owns a major medical health policy which requires her to pay the first $300
of covered expenses each year before the policy pays its benefits. The $300 is the
policy's:
1) coinsurance amount.
2) stop-loss amount.
3) deductible.
4) annual premium. - ANSWER-3) deductible.
A deductible is a stated initial dollar amount that the individual insured is required
to pay before insurnace benefits are paid.
The insurer has informed applicant Joan that adverse information has been
discovered through her credit report investigation. Joan requests a summary of
the information. The insurer has ______ days in which to provide Joan with the
information.
1) three
2) four
3) five
4) seven - ANSWER-3) five
If the applicant requests a summary of the nature and scope of the investigation,
the insurer must provide that information within five days.
1|Page
, Florida Licensing Exam
Buy-sell agreements can only be drafted by:
1) a paralegal.
2) an insurance agent.
3) a notary.
4) an attorney. - ANSWER-4) an attorney.
Self-explanatory
The health policy that always renews without an increase of premium could be
identified as:
1) noncancelable.
2) guaranteed renewable.
3) conditionally renewable.
4) unconditionally renewable. - ANSWER-1) noncancelable.
Noncancelable policies are also referred to as "noncan" policies. These policies
cannot be canceled, nor can the premiums be changed. Benefits are
predetermined as a fixed amount.
Defamation of character includes both libel (written) and slander (spoken) of a
person.
1) TRUE
2) FALSE - ANSWER-1) TRUE
Defamation of character is considered a personal attack - an attack on somebody's
good name, character, or reputation.
2|Page
, Florida Licensing Exam
Hospice services are covered under Medicare Part B.
1) TRUE
2) FALSE - ANSWER-2) FALSE
Hospice services are covered under Medicare hospitalization insurance (Part A).
Florida law requires minimum grace periods of _______ days for health policies
with premiums payable weekly.
1) 7
2) 10
3) 30
4) 31 - ANSWER-1) 7
Florida law requires minimum grace periods of 7 days on weekly premium health
insurance policies and 10 days for health policies with premiums payable monthly.
FAIFA defines appropriate and inappropriate business behavior for:
1) life insurance agents.
2) all insurance agents.
3) life insurance companies. - ANSWER-1) life insurance agents.
FAIFA defines appropriate and inappropriate business behavior for life insurance
agents as demonstrated by the association's Code of Ethics.
If a life insurance applicant is given a conditional receipt, what is the effective date
of coverage?
1) When the initial premium payment is received by the agent
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, Florida Licensing Exam
2) The time the insurer accepts the application and issues the policy
3) The time the applicant is given the receipt
4) When the initial premium payment is received by the insurer - ANSWER-2) The
time the insurer accepts the application and issues the policy
The conditional receipt is the most common form of receipt.
Roger is an insured surgeon who lost his hand in an auto accident and is unable to
perform surgery. In order for disability insurance to provide coverage, the policy
would have to define the status of Roger's disability as:
1) any occupation (acc).
2) own occupation (occ).
3) unknown, depending on the surgical field.
4) unknown, depending upon the surgeon's other qualifications. - ANSWER-2)
own occupation (occ).
"Occ" refers to the inability to perform the job the injured person was performing
before the disability or illness occurred or for which the individual is suited by
education, training and experience.
The Civil Rights Act of 1979 made it mandatory that group insurance provide
maternity benefits if an insured group consists of _______ or more participants.
1) 12
2) 15
3) 18
4) 20 - ANSWER-2) 15
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