Florida 2-15 Insurance License Exam
2026/2027 | Florida Health & Life
(Including Annuities & Variable
Contracts) Agent License Exam with
Complete Questions & Verified Answers
Accumulation units are converted into annuity units: -CORRECTANSWER at the time of
annuity payout.
A group life insurance plan in which the employer pays the entire premium is known as
a ________________ plan. -CORRECTANSWER noncontributory
If a disabled worker covered under Social Security disability benefits recovers and then
is disabled again within five years, a new waiting period is required before benefits
begin again. -CORRECTANSWER FALSE
Robert had an accident and qualified for Social Security disability. Given the waiting
period, when will Robert begin to receive benefits? -CORRECTANSWER After 5
months
The Insuring Clause includes all of the following EXCEPT the -CORRECTANSWER
beneficiary
,Mutualization occurs when a stock company turns to a __________ company. -
CORRECTANSWER mutual
To provide a safeguard for insureds, most major medical policies contain a
____________ feature that limits the insured's out-of-pocket expenses. -
CORRECTANSWER stop-loss
Tom is a newly appointed life, health and variable annuity agent with Acme Insurance
Agency. He is writing his first insurance policy on his brother-in-law's life. Who does
Tom legally represent in this transaction? -CORRECTANSWER Acme Insurance
Agency
An insurance clause is a distinct article in a formal document that establishes the rules
in the contract that _____________________ must adhere to. -CORRECTANSWER
both the insurer and the insured
"ACC" refers to the type of disability that prevents someone from performing the job he
was performing prior to the disability. -CORRECTANSWER FALSE
Which statement is CORRECT about the Department of Financial Services' right to
examine an agent's records? -CORRECTANSWER An examination can be conducted
at any time to discover any unfair trade practices.
, Bill gives Jim a couple of tickets to a Florida Gators game to thank him for purchasing a
policy. This is an example of: -CORRECTANSWER rebating
____________ term insurance provides a level amount of protection for a specified
period, after which the policy expires. -CORRECTANSWER Level
Business overhead expense (B.O.E.) insurance does not provide benefits to cover the
business owner's salary. -CORRECTANSWER TRUE
Level, decreasing, and increasing insurance are all basic forms of ____________
insurance. -CORRECTANSWER term
Hospice services are covered under Medicare Part A. -CORRECTANSWER TRUE
Under Florida law, group health insurers must offer mental and nervous disorder
insurance to policyowners. -CORRECTANSWER TRUE
Deductibles under a group major medical plan usually run from $250 to $500; whereas
individual health plans usually run from: -CORRECTANSWER $1,000 plus.
Every HMO subscriber must receive a benefits package that includes a copy of the
HMO contract and certificate, and: -CORRECTANSWER a member's handbook.
2026/2027 | Florida Health & Life
(Including Annuities & Variable
Contracts) Agent License Exam with
Complete Questions & Verified Answers
Accumulation units are converted into annuity units: -CORRECTANSWER at the time of
annuity payout.
A group life insurance plan in which the employer pays the entire premium is known as
a ________________ plan. -CORRECTANSWER noncontributory
If a disabled worker covered under Social Security disability benefits recovers and then
is disabled again within five years, a new waiting period is required before benefits
begin again. -CORRECTANSWER FALSE
Robert had an accident and qualified for Social Security disability. Given the waiting
period, when will Robert begin to receive benefits? -CORRECTANSWER After 5
months
The Insuring Clause includes all of the following EXCEPT the -CORRECTANSWER
beneficiary
,Mutualization occurs when a stock company turns to a __________ company. -
CORRECTANSWER mutual
To provide a safeguard for insureds, most major medical policies contain a
____________ feature that limits the insured's out-of-pocket expenses. -
CORRECTANSWER stop-loss
Tom is a newly appointed life, health and variable annuity agent with Acme Insurance
Agency. He is writing his first insurance policy on his brother-in-law's life. Who does
Tom legally represent in this transaction? -CORRECTANSWER Acme Insurance
Agency
An insurance clause is a distinct article in a formal document that establishes the rules
in the contract that _____________________ must adhere to. -CORRECTANSWER
both the insurer and the insured
"ACC" refers to the type of disability that prevents someone from performing the job he
was performing prior to the disability. -CORRECTANSWER FALSE
Which statement is CORRECT about the Department of Financial Services' right to
examine an agent's records? -CORRECTANSWER An examination can be conducted
at any time to discover any unfair trade practices.
, Bill gives Jim a couple of tickets to a Florida Gators game to thank him for purchasing a
policy. This is an example of: -CORRECTANSWER rebating
____________ term insurance provides a level amount of protection for a specified
period, after which the policy expires. -CORRECTANSWER Level
Business overhead expense (B.O.E.) insurance does not provide benefits to cover the
business owner's salary. -CORRECTANSWER TRUE
Level, decreasing, and increasing insurance are all basic forms of ____________
insurance. -CORRECTANSWER term
Hospice services are covered under Medicare Part A. -CORRECTANSWER TRUE
Under Florida law, group health insurers must offer mental and nervous disorder
insurance to policyowners. -CORRECTANSWER TRUE
Deductibles under a group major medical plan usually run from $250 to $500; whereas
individual health plans usually run from: -CORRECTANSWER $1,000 plus.
Every HMO subscriber must receive a benefits package that includes a copy of the
HMO contract and certificate, and: -CORRECTANSWER a member's handbook.
