11/28/25, 6:15 PM 214 Florida Insurance Exam Questions & Answers | 100% Verified solutions |Questions with Correct Answers 2025 latest update!! …
214 Florida Insurance Exam Questions & Answers
| 100% Verified solutions |Questions with Correct
Answers 2025 latest update!!
Save
Terms in this set (164)
Which type of insurance Errors and Omissions Insurance
protects an agent and
even pays claims if a
lawsuit is brought against
the agent as a result of
failing to provide a service
to a client?
Which of the following Waiver
terms is known as the
voluntary relinquishment
of a given right or
privilege?
This Supreme Court case United States v. Southeastern Underwriters
placed the regulation of Association (1944)
insurance within the
authority of the federal
government by defining
insurance as a form of
interstate commerce?
https://quizlet.com/1114263356/214-florida-insurance-exam-questions-answers-100-verified-solutions-questions-with-correct-answers-2025-latest-up… 1/23
,11/28/25, 6:15 PM 214 Florida Insurance Exam Questions & Answers | 100% Verified solutions |Questions with Correct Answers 2025 latest update!! …
Tim was just hired today Probationary period, he can sign up after 90 days
by MAB INC and wants to
join the company's group
insurance policy. What
period of time is he
currently in and when can
he join the plan?
If Justin submitted an initial The date of his application or the day he completed
premium with his life any required medical exam
insurance application, was
provided a conditional
receipt by the insurance
company and was
ultimately issued a policy
as applied for, when
would his insurance policy
be considered in force?
When dividends are Life Income Option
issued, the policyowner
has the following dividend
options in utilizing a return
EXCEPT:
Which two life insurance Waiver of premium and Disability Income Riders
riders can Bill purchase to
guarantee that his policy
will continue without
further commitment from
him and that income will
be paid to him if he
becomes totally and
permanently disabled?
In a contributory group 75%
plan, what percentage of
eligible employees must
be covered?
https://quizlet.com/1114263356/214-florida-insurance-exam-questions-answers-100-verified-solutions-questions-with-correct-answers-2025-latest-up… 2/23
, 11/28/25, 6:15 PM 214 Florida Insurance Exam Questions & Answers | 100% Verified solutions |Questions with Correct Answers 2025 latest update!! …
Which statement Variable annuity units are fixed but the annuity
regarding annuities is payment will vary according to the value of the
CORRECT? annuity unit.
In order to be considered 6
currently insured and thus
eligible for limited survivor
benefits from Social
Security, a worker must
have earned ___ credits
during the 13-quarter
period ending with the
quarter in which the
worker died.
Social security is also Old Age Survivors and Disability Insurance (OASDI)
known as:
Insurance is not intended Speculative Risk
to protect against?
Under a family plan life Whole Life
insurance policy, coverage
on the breadwinner is
often provided by which
of the following insurance
types?
Which of the following If the annuitant dies before the principal sum is
statements regarding depleted, the Refund Life Annuity Option will pay the
annuity settlement or entire annuity amount to the beneficiary in a lump sum
payout options is NOT payment or over scheduled installments.
true?
The following statements Plans rarely have a matching contribution component
regarding 401(k) by an employer
retirement plans are
correct EXCEPT:
https://quizlet.com/1114263356/214-florida-insurance-exam-questions-answers-100-verified-solutions-questions-with-correct-answers-2025-latest-up… 3/23
214 Florida Insurance Exam Questions & Answers
| 100% Verified solutions |Questions with Correct
Answers 2025 latest update!!
Save
Terms in this set (164)
Which type of insurance Errors and Omissions Insurance
protects an agent and
even pays claims if a
lawsuit is brought against
the agent as a result of
failing to provide a service
to a client?
Which of the following Waiver
terms is known as the
voluntary relinquishment
of a given right or
privilege?
This Supreme Court case United States v. Southeastern Underwriters
placed the regulation of Association (1944)
insurance within the
authority of the federal
government by defining
insurance as a form of
interstate commerce?
https://quizlet.com/1114263356/214-florida-insurance-exam-questions-answers-100-verified-solutions-questions-with-correct-answers-2025-latest-up… 1/23
,11/28/25, 6:15 PM 214 Florida Insurance Exam Questions & Answers | 100% Verified solutions |Questions with Correct Answers 2025 latest update!! …
Tim was just hired today Probationary period, he can sign up after 90 days
by MAB INC and wants to
join the company's group
insurance policy. What
period of time is he
currently in and when can
he join the plan?
If Justin submitted an initial The date of his application or the day he completed
premium with his life any required medical exam
insurance application, was
provided a conditional
receipt by the insurance
company and was
ultimately issued a policy
as applied for, when
would his insurance policy
be considered in force?
When dividends are Life Income Option
issued, the policyowner
has the following dividend
options in utilizing a return
EXCEPT:
Which two life insurance Waiver of premium and Disability Income Riders
riders can Bill purchase to
guarantee that his policy
will continue without
further commitment from
him and that income will
be paid to him if he
becomes totally and
permanently disabled?
In a contributory group 75%
plan, what percentage of
eligible employees must
be covered?
https://quizlet.com/1114263356/214-florida-insurance-exam-questions-answers-100-verified-solutions-questions-with-correct-answers-2025-latest-up… 2/23
, 11/28/25, 6:15 PM 214 Florida Insurance Exam Questions & Answers | 100% Verified solutions |Questions with Correct Answers 2025 latest update!! …
Which statement Variable annuity units are fixed but the annuity
regarding annuities is payment will vary according to the value of the
CORRECT? annuity unit.
In order to be considered 6
currently insured and thus
eligible for limited survivor
benefits from Social
Security, a worker must
have earned ___ credits
during the 13-quarter
period ending with the
quarter in which the
worker died.
Social security is also Old Age Survivors and Disability Insurance (OASDI)
known as:
Insurance is not intended Speculative Risk
to protect against?
Under a family plan life Whole Life
insurance policy, coverage
on the breadwinner is
often provided by which
of the following insurance
types?
Which of the following If the annuitant dies before the principal sum is
statements regarding depleted, the Refund Life Annuity Option will pay the
annuity settlement or entire annuity amount to the beneficiary in a lump sum
payout options is NOT payment or over scheduled installments.
true?
The following statements Plans rarely have a matching contribution component
regarding 401(k) by an employer
retirement plans are
correct EXCEPT:
https://quizlet.com/1114263356/214-florida-insurance-exam-questions-answers-100-verified-solutions-questions-with-correct-answers-2025-latest-up… 3/23
