Florida 2-15 Insurance License Exam Questions And
Answers Download To Pass!!!
Quiz :Accumulation units are converted into annuity units: - Answer :at
the time of annuity payout.
Quiz :A group life insurance plan in which the employer pays the entire
premium is known as a ________________ plan. - Answer :noncontributory
Quiz :If a disabled worker covered under Social Security disability benefits
recovers and then is disabled again within five years, a new waiting period
is required before benefits begin again. - Answer :FALSE
Quiz :Robert had an accident and qualified for Social Security disability.
Given the waiting period, when will Robert begin to receive benefits? -
Answer :After 5 months
Quiz :The Insuring Clause includes all of the following EXCEPT the -
Answer :beneficiary
Quiz :Mutualization occurs when a stock company turns to a __________
company. - Answer :mutual
Quiz :To provide a safeguard for insureds, most major medical policies
contain a ____________ feature that limits the insured's out-of-pocket
expenses. - Answer :stop-loss
Quiz :Tom is a newly appointed life, health and variable annuity agent with
Acme Insurance Agency. He is writing his first insurance policy on his
,brother-in-law's life. Who does Tom legally represent in this transaction? -
Answer :Acme Insurance Agency
Quiz :An insurance clause is a distinct article in a formal document that
establishes the rules in the contract that _____________________ must adhere to.
- Answer :both the insurer and the insured
Quiz :"ACC" refers to the type of disability that prevents someone from
performing the job he was performing prior to the disability. -
Answer :FALSE
Quiz :Which statement is CORRECT about the Department of Financial
Services' right to examine an agent's records? - Answer :An examination
can be conducted at any time to discover any unfair trade practices.
Quiz :Bill gives Jim a couple of tickets to a Florida Gators game to thank
him for purchasing a policy. This is an example of: - Answer :rebating
Quiz :____________ term insurance provides a level amount of protection for
a specified period, after which the policy expires. - Answer :Level
Quiz :Business overhead expense (B.O.E.) insurance does not provide
benefits to cover the business owner's salary. - Answer :TRUE
Quiz :Level, decreasing, and increasing insurance are all basic forms of
____________ insurance. - Answer :term
, Quiz :Hospice services are covered under Medicare Part A. -
Answer :TRUE
Quiz :Under Florida law, group health insurers must offer mental and
nervous disorder insurance to policyowners. - Answer :TRUE
Quiz :Deductibles under a group major medical plan usually run from
$250 to $500; whereas individual health plans usually run from: -
Answer :$1,000 plus.
Quiz :Every HMO subscriber must receive a benefits package that includes
a copy of the HMO contract and certificate, and: - Answer :a member's
handbook.
Quiz :A life insurance policy will not be reinstated if it has been: -
Answer :surrendered for its cash value.
Quiz :Which of the following is NOT a type of permanent life insurance? -
Answer :Term Life
Quiz :In Florida, a ______________ must sign for and on behalf of a minor
purchasing life insurance. - Answer :parent or legal guardian
Quiz :When an agent spreads a false story that damages a competing
agent's reputation, the offense is called: - Answer :defamation
Answers Download To Pass!!!
Quiz :Accumulation units are converted into annuity units: - Answer :at
the time of annuity payout.
Quiz :A group life insurance plan in which the employer pays the entire
premium is known as a ________________ plan. - Answer :noncontributory
Quiz :If a disabled worker covered under Social Security disability benefits
recovers and then is disabled again within five years, a new waiting period
is required before benefits begin again. - Answer :FALSE
Quiz :Robert had an accident and qualified for Social Security disability.
Given the waiting period, when will Robert begin to receive benefits? -
Answer :After 5 months
Quiz :The Insuring Clause includes all of the following EXCEPT the -
Answer :beneficiary
Quiz :Mutualization occurs when a stock company turns to a __________
company. - Answer :mutual
Quiz :To provide a safeguard for insureds, most major medical policies
contain a ____________ feature that limits the insured's out-of-pocket
expenses. - Answer :stop-loss
Quiz :Tom is a newly appointed life, health and variable annuity agent with
Acme Insurance Agency. He is writing his first insurance policy on his
,brother-in-law's life. Who does Tom legally represent in this transaction? -
Answer :Acme Insurance Agency
Quiz :An insurance clause is a distinct article in a formal document that
establishes the rules in the contract that _____________________ must adhere to.
- Answer :both the insurer and the insured
Quiz :"ACC" refers to the type of disability that prevents someone from
performing the job he was performing prior to the disability. -
Answer :FALSE
Quiz :Which statement is CORRECT about the Department of Financial
Services' right to examine an agent's records? - Answer :An examination
can be conducted at any time to discover any unfair trade practices.
Quiz :Bill gives Jim a couple of tickets to a Florida Gators game to thank
him for purchasing a policy. This is an example of: - Answer :rebating
Quiz :____________ term insurance provides a level amount of protection for
a specified period, after which the policy expires. - Answer :Level
Quiz :Business overhead expense (B.O.E.) insurance does not provide
benefits to cover the business owner's salary. - Answer :TRUE
Quiz :Level, decreasing, and increasing insurance are all basic forms of
____________ insurance. - Answer :term
, Quiz :Hospice services are covered under Medicare Part A. -
Answer :TRUE
Quiz :Under Florida law, group health insurers must offer mental and
nervous disorder insurance to policyowners. - Answer :TRUE
Quiz :Deductibles under a group major medical plan usually run from
$250 to $500; whereas individual health plans usually run from: -
Answer :$1,000 plus.
Quiz :Every HMO subscriber must receive a benefits package that includes
a copy of the HMO contract and certificate, and: - Answer :a member's
handbook.
Quiz :A life insurance policy will not be reinstated if it has been: -
Answer :surrendered for its cash value.
Quiz :Which of the following is NOT a type of permanent life insurance? -
Answer :Term Life
Quiz :In Florida, a ______________ must sign for and on behalf of a minor
purchasing life insurance. - Answer :parent or legal guardian
Quiz :When an agent spreads a false story that damages a competing
agent's reputation, the offense is called: - Answer :defamation
