214 FLORIDA INSURANCE 2026 CERTIFICATION
EVALUATION EXAMS COMPLETE QUESTIONS
AND ANSWERS
◉ The clause in an Accident and Health policy which defines the
benefit amounts the insurer will pay is called the:
Answer: Insuring clause
◉ When a policyowner cash surrenders a Universal Life insurance
policy in it's early years, this may be considered a red flag for a(n):
Answer: Anti-Money Laundering violation
◉ According to the Time Payment of Claims provision, the insurer
must pay Disability Income benefits no less frequently than which of
the following options?
Answer: Monthly
◉ What would the Medical Information Bureau (MIB) identify?
Answer: Testing positive for marijuana use from a previous
screening
,◉ How would a contingent beneficiary receive the policy proceeds
in an Accidental Death and Dismemberment (AD&D) policy?
Answer: If the primary beneficiary dies before the insured
◉ Under a Renewable Term policy,
Answer: the renewal premium is calculated on the basis of the
insured's attained age
◉ Which of the following statements is true about most Blue
Cross/Blue Shield organizations?
Answer: They are nonprofit organizations
◉ If a policyowner does not pay the premium by the due date, the
Answer: policyowner can make the premium payment during the
grace period
◉ According to Florida law, which of the following information does
NOT need to be obtained by an agent recommending an annuity
purchase?
Answer: Marital status
◉ Which of these characteristics is consistent with a Straight Life
policy?
, Answer: Premiums are payable for as long as there is insurance
coverage in force
◉ P completes an application for a $10,000 life policy, but does not
give the producer the initial premium. P's coverage becomes
effective when:
Answer: P receives the policy and pays the premium
◉ On August 6, D submitted an application for a $50,000 Life
Insurance policy and did not pay the initial premium. On August 18,
D went to his doctor complaining of chest pains and some tests were
given by the doctor. The life policy was delivered by the producer on
August 20 and D explains what had recently taken place with the
doctor. What action should the producer then take?
Answer: Collect initial premium along with a signed health
statement
◉ A life insurance policyowner may sell their policy to a(n) _____ in
order to receive a percentage of the policy's face value.
Answer: viatical settlement provider
◉ According to Florida law, when must an agent deliver the Outline
of Coverage to a Medicare Supplement applicant?
Answer: At the time of application
EVALUATION EXAMS COMPLETE QUESTIONS
AND ANSWERS
◉ The clause in an Accident and Health policy which defines the
benefit amounts the insurer will pay is called the:
Answer: Insuring clause
◉ When a policyowner cash surrenders a Universal Life insurance
policy in it's early years, this may be considered a red flag for a(n):
Answer: Anti-Money Laundering violation
◉ According to the Time Payment of Claims provision, the insurer
must pay Disability Income benefits no less frequently than which of
the following options?
Answer: Monthly
◉ What would the Medical Information Bureau (MIB) identify?
Answer: Testing positive for marijuana use from a previous
screening
,◉ How would a contingent beneficiary receive the policy proceeds
in an Accidental Death and Dismemberment (AD&D) policy?
Answer: If the primary beneficiary dies before the insured
◉ Under a Renewable Term policy,
Answer: the renewal premium is calculated on the basis of the
insured's attained age
◉ Which of the following statements is true about most Blue
Cross/Blue Shield organizations?
Answer: They are nonprofit organizations
◉ If a policyowner does not pay the premium by the due date, the
Answer: policyowner can make the premium payment during the
grace period
◉ According to Florida law, which of the following information does
NOT need to be obtained by an agent recommending an annuity
purchase?
Answer: Marital status
◉ Which of these characteristics is consistent with a Straight Life
policy?
, Answer: Premiums are payable for as long as there is insurance
coverage in force
◉ P completes an application for a $10,000 life policy, but does not
give the producer the initial premium. P's coverage becomes
effective when:
Answer: P receives the policy and pays the premium
◉ On August 6, D submitted an application for a $50,000 Life
Insurance policy and did not pay the initial premium. On August 18,
D went to his doctor complaining of chest pains and some tests were
given by the doctor. The life policy was delivered by the producer on
August 20 and D explains what had recently taken place with the
doctor. What action should the producer then take?
Answer: Collect initial premium along with a signed health
statement
◉ A life insurance policyowner may sell their policy to a(n) _____ in
order to receive a percentage of the policy's face value.
Answer: viatical settlement provider
◉ According to Florida law, when must an agent deliver the Outline
of Coverage to a Medicare Supplement applicant?
Answer: At the time of application
