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FLORIDA LIFE AND HEALTH STATE EXAM
SIMULATOR EXAM LATEST WITH ACTUAL
QUESTIONS AND CORRECT VERIFIED ANSWERS
ALREADY GRADED A+ 100% GUARANTEED
PASS!
Which of the following statements about guaranteed
renewable health insurance policy is correct? -
.....ANSWER ...✔✔ Premiums normally increase at the
time of renewal.
The issuer must provide a perspective buyer with an? -
.....ANSWER ...✔✔ Buyers guide and policy summary
T would like to be assured $10,000 is available in 10
years to replace a roof on his house. What kind of
$10,000 policy should T purchase? - .....ANSWER
...✔✔ Ten-year Endowment
According to the time payment of claims provision, the
insurer must pay disability income benefits no less
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frequently then which of the following options? -
.....ANSWER ...✔✔ Monthly
Which of the following is the most important factor when
deciding how much disability income coverage an
applicant should purchase? - .....ANSWER ...✔✔
Applicants monthly income
Which two entitles regulate variable annuities? -
.....ANSWER ...✔✔ Department of Financial Services;
Securities Exchange Commission.
The amount of coverage on a group life policy is limited
to? - .....ANSWER ...✔✔ The insured's total loan value
The provision that can be used to put on insurance policy
back in force after it has lapsed due to nonpayment is
called? - .....ANSWER ...✔✔ Reinstatement
Which product would best serve a retired individual
looking to invest a lump-sum of money through an
insurance company? - .....ANSWER ...✔✔ Annuity
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According to Florida law, a group life insurance policy
requires a minimum how many insureds? - .....ANSWER
...✔✔ No minimum
Multiple employer welfare arrangement (MEWA)
provides what type of benefits? - .....ANSWER ...✔✔
Insurance
In a qualified retirement plan, the yearly contributions to
an employee's account? - .....ANSWER ...✔✔ Are
restricted to maximum level set by the IRS
All of the following entries are classified under the four
principal areas of Florida insurance law except? -
.....ANSWER ...✔✔ An agent's commission
According to Florida's life insurance replacement law,
about policyowner must be provided with the written
comparison and summary statement when it's required
by? - .....ANSWER ...✔✔ The policyowner
On delivery of policy, a signed statement of good
health is typically request if? - .....ANSWER ...✔✔ The
application was submitted without the initial premium.
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K is the insured and P is the sole beneficiary on an
accidental death and dismemberment insurance policy.
Both are involved in a fatal accident where K dies
before P. Under the common disaster provision, which of
these statements is true? - .....ANSWER ...✔✔
Proceeds will be paid to P's estate
An insured is past due on his life insurance premium but
is still within the grace period. What will the beneficiary
receive if the insured dies during the grace period.? -
.....ANSWER ...✔✔ Full face amount minus any past
due premiums
A business overhead expens policy would cover which of
the following if a business owner becomes disabled? -
.....ANSWER ...✔✔ Utilities and office rent
Employers with less then —— employees are affected
by Florida health insurance coverage continuation act
(Mini COBRA)? - .....ANSWER ...✔✔ 20
S is employer by large corporation that provides group
health coverage for its employees and their dependents.
If S dies, The company must allow his surviving spouse
FLORIDA LIFE AND HEALTH STATE EXAM
SIMULATOR EXAM LATEST WITH ACTUAL
QUESTIONS AND CORRECT VERIFIED ANSWERS
ALREADY GRADED A+ 100% GUARANTEED
PASS!
Which of the following statements about guaranteed
renewable health insurance policy is correct? -
.....ANSWER ...✔✔ Premiums normally increase at the
time of renewal.
The issuer must provide a perspective buyer with an? -
.....ANSWER ...✔✔ Buyers guide and policy summary
T would like to be assured $10,000 is available in 10
years to replace a roof on his house. What kind of
$10,000 policy should T purchase? - .....ANSWER
...✔✔ Ten-year Endowment
According to the time payment of claims provision, the
insurer must pay disability income benefits no less
,2|Page
frequently then which of the following options? -
.....ANSWER ...✔✔ Monthly
Which of the following is the most important factor when
deciding how much disability income coverage an
applicant should purchase? - .....ANSWER ...✔✔
Applicants monthly income
Which two entitles regulate variable annuities? -
.....ANSWER ...✔✔ Department of Financial Services;
Securities Exchange Commission.
The amount of coverage on a group life policy is limited
to? - .....ANSWER ...✔✔ The insured's total loan value
The provision that can be used to put on insurance policy
back in force after it has lapsed due to nonpayment is
called? - .....ANSWER ...✔✔ Reinstatement
Which product would best serve a retired individual
looking to invest a lump-sum of money through an
insurance company? - .....ANSWER ...✔✔ Annuity
,3|Page
According to Florida law, a group life insurance policy
requires a minimum how many insureds? - .....ANSWER
...✔✔ No minimum
Multiple employer welfare arrangement (MEWA)
provides what type of benefits? - .....ANSWER ...✔✔
Insurance
In a qualified retirement plan, the yearly contributions to
an employee's account? - .....ANSWER ...✔✔ Are
restricted to maximum level set by the IRS
All of the following entries are classified under the four
principal areas of Florida insurance law except? -
.....ANSWER ...✔✔ An agent's commission
According to Florida's life insurance replacement law,
about policyowner must be provided with the written
comparison and summary statement when it's required
by? - .....ANSWER ...✔✔ The policyowner
On delivery of policy, a signed statement of good
health is typically request if? - .....ANSWER ...✔✔ The
application was submitted without the initial premium.
, 4|Page
K is the insured and P is the sole beneficiary on an
accidental death and dismemberment insurance policy.
Both are involved in a fatal accident where K dies
before P. Under the common disaster provision, which of
these statements is true? - .....ANSWER ...✔✔
Proceeds will be paid to P's estate
An insured is past due on his life insurance premium but
is still within the grace period. What will the beneficiary
receive if the insured dies during the grace period.? -
.....ANSWER ...✔✔ Full face amount minus any past
due premiums
A business overhead expens policy would cover which of
the following if a business owner becomes disabled? -
.....ANSWER ...✔✔ Utilities and office rent
Employers with less then —— employees are affected
by Florida health insurance coverage continuation act
(Mini COBRA)? - .....ANSWER ...✔✔ 20
S is employer by large corporation that provides group
health coverage for its employees and their dependents.
If S dies, The company must allow his surviving spouse
