Florida 2-15 Insurance License Exam 2026/2027
NEWEST VERIFIED QUESTIONS WITH DETAILED
ANSWERS
• Employer-paid group life insurance plan: -✓✓ noncontributory
• Recovery and disability under Social Security: -✓✓ FALSE
• Social Security disability benefits waiting period: -✓✓ After 5 months
• Insuring Clause contents: -✓✓ beneficiary EXCEPT
• Stock company to mutual company: -✓✓ mutual
• Major medical policy safeguard feature: -✓✓ stop-loss
• Legal representation in insurance transaction: -✓✓ Acme Insurance Agency
• Insurance clause in contract rules: -✓✓ insurer and insured
• Definition of 'ACC' disability: -✓✓ FALSE
• Correct Statement about Department of Financial Services' Examination Right -✓✓
Examination can be conducted at any time to discover unfair trade practices
• Rebating Example -✓✓ Bill giving Jim tickets to a Florida Gators game
• Type of Term Insurance with Level Protection -✓✓ Level
• Business Overhead Expense (B.O.E.) Insurance Benefit for Owner's Salary -✓✓
FALSE
• Basic Forms of Insurance: Level, Decreasing, Increasing -✓✓ Term
• Coverage of Hospice Services under Medicare Part A -✓✓ TRUE
• Requirement for Group Health Insurers in Florida Regarding Mental and Nervous
Disorder Insurance -✓✓ TRUE
• Comparison of Deductibles: Group Major Medical vs. Individual Health Plans -✓✓
$1,000 plus
, • Benefits Package Requirement for Every HMO Subscriber -✓✓ Copy of HMO contract,
certificate, and member's handbook
• Condition for Reinstatement of Life Insurance Policy -✓✓ Not surrendered for cash
value
• Types of Permanent Life Insurance -✓✓ Term Life
• Signature Requirement in Florida for Minor Purchasing Life Insurance -✓✓ Parent or
Legal Guardian
• Offense of Damaging a Competing Agent's Reputation -✓✓ Defamation
• Policy Values Used to Purchase Another Policy for Additional Premiums -✓✓ Churning
• Outcome of Office of Insurance Regulation Review for Insurance Business Application
-✓✓ Certificate of Authority
• Coverage Requirement for Diabetes Treatment in Florida Health Insurance -✓✓ TRUE
• Tax Deduction for Insured Reimbursement of Medical Expenses -✓✓ NO
• Key Person Insurance Benefit Exclusion -✓✓ Wage Control
• Requirement for Social Security Survivor Benefits Eligibility -✓✓ Six Credits during the
13-Quarter Period
• Provision for Individual Variable Insurance Contract Sales Presentation -✓✓ Must
Accompany Every Sales Presentation
• Most Group Disability Policies Calculation Method -✓✓ Percentage
• Group Health Plans Experience-Rated Premium Changes -✓✓ False
• Group Life Insurance Employee Classification Exception -✓✓ Gender
• Annuity for Guaranteed Lifetime Income -✓✓ Straight Life Income Annuity
• Florida's Standard Valuation Law Requirement -✓✓ Legal Reserve
• Equity Indexed Annuities Type -✓✓ Fixed Rate Annuity
• Lower Premium Payer -✓✓ Preferred Risk Client
NEWEST VERIFIED QUESTIONS WITH DETAILED
ANSWERS
• Employer-paid group life insurance plan: -✓✓ noncontributory
• Recovery and disability under Social Security: -✓✓ FALSE
• Social Security disability benefits waiting period: -✓✓ After 5 months
• Insuring Clause contents: -✓✓ beneficiary EXCEPT
• Stock company to mutual company: -✓✓ mutual
• Major medical policy safeguard feature: -✓✓ stop-loss
• Legal representation in insurance transaction: -✓✓ Acme Insurance Agency
• Insurance clause in contract rules: -✓✓ insurer and insured
• Definition of 'ACC' disability: -✓✓ FALSE
• Correct Statement about Department of Financial Services' Examination Right -✓✓
Examination can be conducted at any time to discover unfair trade practices
• Rebating Example -✓✓ Bill giving Jim tickets to a Florida Gators game
• Type of Term Insurance with Level Protection -✓✓ Level
• Business Overhead Expense (B.O.E.) Insurance Benefit for Owner's Salary -✓✓
FALSE
• Basic Forms of Insurance: Level, Decreasing, Increasing -✓✓ Term
• Coverage of Hospice Services under Medicare Part A -✓✓ TRUE
• Requirement for Group Health Insurers in Florida Regarding Mental and Nervous
Disorder Insurance -✓✓ TRUE
• Comparison of Deductibles: Group Major Medical vs. Individual Health Plans -✓✓
$1,000 plus
, • Benefits Package Requirement for Every HMO Subscriber -✓✓ Copy of HMO contract,
certificate, and member's handbook
• Condition for Reinstatement of Life Insurance Policy -✓✓ Not surrendered for cash
value
• Types of Permanent Life Insurance -✓✓ Term Life
• Signature Requirement in Florida for Minor Purchasing Life Insurance -✓✓ Parent or
Legal Guardian
• Offense of Damaging a Competing Agent's Reputation -✓✓ Defamation
• Policy Values Used to Purchase Another Policy for Additional Premiums -✓✓ Churning
• Outcome of Office of Insurance Regulation Review for Insurance Business Application
-✓✓ Certificate of Authority
• Coverage Requirement for Diabetes Treatment in Florida Health Insurance -✓✓ TRUE
• Tax Deduction for Insured Reimbursement of Medical Expenses -✓✓ NO
• Key Person Insurance Benefit Exclusion -✓✓ Wage Control
• Requirement for Social Security Survivor Benefits Eligibility -✓✓ Six Credits during the
13-Quarter Period
• Provision for Individual Variable Insurance Contract Sales Presentation -✓✓ Must
Accompany Every Sales Presentation
• Most Group Disability Policies Calculation Method -✓✓ Percentage
• Group Health Plans Experience-Rated Premium Changes -✓✓ False
• Group Life Insurance Employee Classification Exception -✓✓ Gender
• Annuity for Guaranteed Lifetime Income -✓✓ Straight Life Income Annuity
• Florida's Standard Valuation Law Requirement -✓✓ Legal Reserve
• Equity Indexed Annuities Type -✓✓ Fixed Rate Annuity
• Lower Premium Payer -✓✓ Preferred Risk Client
