214 Florida Insurance Exam
Comprehensive Test Questions and
Answers Verified Solutions Latest Update
2026/2027
Answer:
A type of insurance that protects the insured against loss due to accidental bodily injury
■ Accidental Bodily Injury
Answer:
Unplanned, unforeseen traumatic injury to the body
■ Accidental Death and Dismemberment
Answer:
An insurance policy which pays a specified amount or a specified multiple of the insured's benefit
if the insured dies, loses his/her sight, or loses two limbs due to an accident
■ Accidental Death Benefits
Answer:
A policy rider that states that the cause of death will be analyzed to determine if it complies with
the policy description of accidental death
■ Activities of Daily Living
Answer:
Activities individuals must do every day such as moving about, getting dressed, eating, bathing,
etc.
■ Actual Charge
Answer:
The amount a physician or supplier actually bills for a particular service or supply
■ Adhesion
,Answer:
A contract offered on a "take-it-or-leave-it" basis by an insurer, in which the insured's only option
is to accept or reject the contract. Any ambiguities in the contract will be settled in favor of the
insured
■ Admitted (Authorized) Insurer
Answer:
An insurance company authorized and licensed to transact insurance in a particular state
■ Adult Day Care
Answer:
A program for impaired adults that attempts to meet their health, social, and functional needs in a
setting away from their homes
■ Adverse Selection
Answer:
The tendency of risks with higher probability of loss to purchase and maintain insurance more often
than the risks who present lower probability
■ Agent
Answer:
An individual who is licensed to sell, negotiate, or effect insurance contracts on behalf of the
insurer
■ Aleatory
Answer:
A contract in which participating parties exchange unequal amounts. Insurance contracts are this in
that the amount the insured will pay in premiums is unequal to the amount the insurer will pay in
the event of a loss
■ Alien Insurer
Answer:
, An insurance company that is incorporated outside the USA
■ Apparent Authority
Answer:
The appearance or the assumption of authority based on the actions, words, or deeds of the
principal or because of circumstances the principal created
■ Approved Amount
Answer:
The amount Medicare determines to be reasonable for a service that is covered under Part B of
Medicare
■ Assignment
Answer:
A claim to a provider or medical supplier to receive payments directly from Medicare
■ Attained Age
Answer:
The age of the insured at a determined date
■ Attending Physician's Statement (APS)
Answer:
A statement usually obtained from the applicant's doctor
■ Avoidance
Answer:
A method of dealing with risk (e.g. if a person wanted to avoid the risk of being killed in an
airplane crash, he/she might choose never to fly in a plane)
■ Basic Hospital Expense Insurance
Answer:
Coverage that provides benefits for room, board and miscellaneous hospital expenses for a certain
number of days during a hospital stay
■ Basic Medical Expense Insurance
Comprehensive Test Questions and
Answers Verified Solutions Latest Update
2026/2027
Answer:
A type of insurance that protects the insured against loss due to accidental bodily injury
■ Accidental Bodily Injury
Answer:
Unplanned, unforeseen traumatic injury to the body
■ Accidental Death and Dismemberment
Answer:
An insurance policy which pays a specified amount or a specified multiple of the insured's benefit
if the insured dies, loses his/her sight, or loses two limbs due to an accident
■ Accidental Death Benefits
Answer:
A policy rider that states that the cause of death will be analyzed to determine if it complies with
the policy description of accidental death
■ Activities of Daily Living
Answer:
Activities individuals must do every day such as moving about, getting dressed, eating, bathing,
etc.
■ Actual Charge
Answer:
The amount a physician or supplier actually bills for a particular service or supply
■ Adhesion
,Answer:
A contract offered on a "take-it-or-leave-it" basis by an insurer, in which the insured's only option
is to accept or reject the contract. Any ambiguities in the contract will be settled in favor of the
insured
■ Admitted (Authorized) Insurer
Answer:
An insurance company authorized and licensed to transact insurance in a particular state
■ Adult Day Care
Answer:
A program for impaired adults that attempts to meet their health, social, and functional needs in a
setting away from their homes
■ Adverse Selection
Answer:
The tendency of risks with higher probability of loss to purchase and maintain insurance more often
than the risks who present lower probability
■ Agent
Answer:
An individual who is licensed to sell, negotiate, or effect insurance contracts on behalf of the
insurer
■ Aleatory
Answer:
A contract in which participating parties exchange unequal amounts. Insurance contracts are this in
that the amount the insured will pay in premiums is unequal to the amount the insurer will pay in
the event of a loss
■ Alien Insurer
Answer:
, An insurance company that is incorporated outside the USA
■ Apparent Authority
Answer:
The appearance or the assumption of authority based on the actions, words, or deeds of the
principal or because of circumstances the principal created
■ Approved Amount
Answer:
The amount Medicare determines to be reasonable for a service that is covered under Part B of
Medicare
■ Assignment
Answer:
A claim to a provider or medical supplier to receive payments directly from Medicare
■ Attained Age
Answer:
The age of the insured at a determined date
■ Attending Physician's Statement (APS)
Answer:
A statement usually obtained from the applicant's doctor
■ Avoidance
Answer:
A method of dealing with risk (e.g. if a person wanted to avoid the risk of being killed in an
airplane crash, he/she might choose never to fly in a plane)
■ Basic Hospital Expense Insurance
Answer:
Coverage that provides benefits for room, board and miscellaneous hospital expenses for a certain
number of days during a hospital stay
■ Basic Medical Expense Insurance
