Chapter Exam : Florida life and Health Laws and Rules
Questions and Answers with 100% Correct Answers
Question 1.
A stock insurance company
Correct Answer: is owned exclusively by its shareholders
Question 2.
According to Florida mation does NOT need recommending an
Correct Answer: law, which of the following infor- Marital status to be obtained by
an agent annuity purchase?
Question 3.
According to Florida's a policyowner must parison and Summary by
Correct Answer: life insurance replacement laws, the policyowner be provided with
a written Com- Statement when it's requested
Question 4.
Who does an agent insurance?
Correct Answer: represent during the solicitation of The insurance company
Question 5.
According to Florida ments accurately describes insurance company?
Correct Answer: law, which of the following state- It may solicit insurance an
admitted mail order business by mail only with the assistance of a li- censed Florida
agent
Question 6.
All of the following
Correct Answer: are Nonforfeiture Options EXCEPT Automatic Premium Loan
Option
Question 7.
An agent that sells registered with the thority (FINRA).
Correct Answer: _________ Life insurance MUST be Variable Financial Industry
Regulatory Au-
Question 8.
All of the following principal areas of Florida
Correct Answer: entries are classified under the four An agent's commission
insurance law EXCEPT
, Question 9.
According to Florida the Outline of Coverage applicant?
Correct Answer: law, when must an agent deliver At the time of application to a
Medicare Supplement
Question 10.
An agent who makes to the termination that a new policy with has committed
Correct Answer: misleading statements that lead twisting of an existing insurance
policy so another insurer can be taken out
Question 11.
If an agent would like state examination must
Correct Answer: to sell Variable annuities, which Life and Variable contracts the
agent pass?
Question 12.
An agent selling Medicare provide every applicant
Correct Answer: Supplement policies must Suitability form with a(n)
Question 13.
In Florida, which employee group term life plan?
Correct Answer: is eligible for an employer's Employee who works more than 40
hours per week
Question 14.
K is insured under considered to be a(n)
Correct Answer: a Group Life insurance policy. K is certificate holder
Question 15.
sset protection can partnership policy
Correct Answer: be provided by a long-term care Medicaid if the policyholder
qualifies for
Question 16.
Eligibility for coverage Corporation requires federal poverty level.
Correct Answer: under the Florida Healthy Kids 200% a family to be within ____ of
the
Question 17.
The act of an insurance ing information about
Correct Answer: company publishing mislead- false advertising its policy's
provisions is called
Questions and Answers with 100% Correct Answers
Question 1.
A stock insurance company
Correct Answer: is owned exclusively by its shareholders
Question 2.
According to Florida mation does NOT need recommending an
Correct Answer: law, which of the following infor- Marital status to be obtained by
an agent annuity purchase?
Question 3.
According to Florida's a policyowner must parison and Summary by
Correct Answer: life insurance replacement laws, the policyowner be provided with
a written Com- Statement when it's requested
Question 4.
Who does an agent insurance?
Correct Answer: represent during the solicitation of The insurance company
Question 5.
According to Florida ments accurately describes insurance company?
Correct Answer: law, which of the following state- It may solicit insurance an
admitted mail order business by mail only with the assistance of a li- censed Florida
agent
Question 6.
All of the following
Correct Answer: are Nonforfeiture Options EXCEPT Automatic Premium Loan
Option
Question 7.
An agent that sells registered with the thority (FINRA).
Correct Answer: _________ Life insurance MUST be Variable Financial Industry
Regulatory Au-
Question 8.
All of the following principal areas of Florida
Correct Answer: entries are classified under the four An agent's commission
insurance law EXCEPT
, Question 9.
According to Florida the Outline of Coverage applicant?
Correct Answer: law, when must an agent deliver At the time of application to a
Medicare Supplement
Question 10.
An agent who makes to the termination that a new policy with has committed
Correct Answer: misleading statements that lead twisting of an existing insurance
policy so another insurer can be taken out
Question 11.
If an agent would like state examination must
Correct Answer: to sell Variable annuities, which Life and Variable contracts the
agent pass?
Question 12.
An agent selling Medicare provide every applicant
Correct Answer: Supplement policies must Suitability form with a(n)
Question 13.
In Florida, which employee group term life plan?
Correct Answer: is eligible for an employer's Employee who works more than 40
hours per week
Question 14.
K is insured under considered to be a(n)
Correct Answer: a Group Life insurance policy. K is certificate holder
Question 15.
sset protection can partnership policy
Correct Answer: be provided by a long-term care Medicaid if the policyholder
qualifies for
Question 16.
Eligibility for coverage Corporation requires federal poverty level.
Correct Answer: under the Florida Healthy Kids 200% a family to be within ____ of
the
Question 17.
The act of an insurance ing information about
Correct Answer: company publishing mislead- false advertising its policy's
provisions is called
