FLORIDA LIFE AND HEALTH INSURANCE REAL
EXAM | 2025 ACTUAL EXAM QUESTIONS AND
DETAILED ANSWERS GRADED A+ |
GUARANTEED EXCELLENCE PASS |
Which provision is NOT a requirement in a group life policy? - ✔✔✔ Correct
Answer > Accidental
Which statement regarding the Change of Beneficiary provision is true?
- ✔✔✔ Correct Answer > The policy owner can change the beneficiary
S, while in the process of converting her group life insurance to an
individual policy, dies. What happens to the claim her beneficiary
submits? - ✔✔✔ Correct Answer > full benefits payable under the Master
contract
A Whole life insurance policyowner does not wish to continue making
premium payments. Which of the following enables the policyowner to
,sell the policy for more than its cash value? - ✔✔✔ Correct Answer > Life
settlement contract
When an employee is terminated which statement about a group term
life is true? - ✔✔✔ Correct Answer > Policy will be paid if the employee dies
during the conversion period.
Which of the following is an important underwriting principle of group
life insurance? - ✔✔✔ Correct Answer > Everyone must be covered in the
group
A father who dies within 3 years after purchasing a life insurance policy
on his infant daughter can have the policy premiums waived under
which provision - ✔✔✔ Correct Answer > Payor Provision
Which of the following actions is NOT possible with Universal Life policy
- ✔✔✔ Correct Answer > Premiums may be applied as a credit against income
tax
, A life policy with death benefit and cash value that can fluctuate
according to performance of its underlying investment portfolio is
referred to as - ✔✔✔ Correct Answer > Variable life
Which policy requires an agent to register with the National Association
of Securities Dealers (NASD) before selling? - ✔✔✔ Correct Answer > Variable
life
P owns a $25,000 Life Policy that pays the face amount to him if he lives
to age 70, or to his beneficiary if he dies before age 70. What kind of
policy does P own. - ✔✔✔ Correct Answer > Endowment at Age 70
All of these are characteristics of Adjustable life policy, EXCEPT: - ✔✔✔
Correct Answer > face amount can be adjusted using policy dividends
J is 35-years old and looking to purchase a whole life insurance policy.
Which of the following types of policies will provide the most rapid
growth of cash value? - ✔✔✔ Correct Answer > 20- pay life
EXAM | 2025 ACTUAL EXAM QUESTIONS AND
DETAILED ANSWERS GRADED A+ |
GUARANTEED EXCELLENCE PASS |
Which provision is NOT a requirement in a group life policy? - ✔✔✔ Correct
Answer > Accidental
Which statement regarding the Change of Beneficiary provision is true?
- ✔✔✔ Correct Answer > The policy owner can change the beneficiary
S, while in the process of converting her group life insurance to an
individual policy, dies. What happens to the claim her beneficiary
submits? - ✔✔✔ Correct Answer > full benefits payable under the Master
contract
A Whole life insurance policyowner does not wish to continue making
premium payments. Which of the following enables the policyowner to
,sell the policy for more than its cash value? - ✔✔✔ Correct Answer > Life
settlement contract
When an employee is terminated which statement about a group term
life is true? - ✔✔✔ Correct Answer > Policy will be paid if the employee dies
during the conversion period.
Which of the following is an important underwriting principle of group
life insurance? - ✔✔✔ Correct Answer > Everyone must be covered in the
group
A father who dies within 3 years after purchasing a life insurance policy
on his infant daughter can have the policy premiums waived under
which provision - ✔✔✔ Correct Answer > Payor Provision
Which of the following actions is NOT possible with Universal Life policy
- ✔✔✔ Correct Answer > Premiums may be applied as a credit against income
tax
, A life policy with death benefit and cash value that can fluctuate
according to performance of its underlying investment portfolio is
referred to as - ✔✔✔ Correct Answer > Variable life
Which policy requires an agent to register with the National Association
of Securities Dealers (NASD) before selling? - ✔✔✔ Correct Answer > Variable
life
P owns a $25,000 Life Policy that pays the face amount to him if he lives
to age 70, or to his beneficiary if he dies before age 70. What kind of
policy does P own. - ✔✔✔ Correct Answer > Endowment at Age 70
All of these are characteristics of Adjustable life policy, EXCEPT: - ✔✔✔
Correct Answer > face amount can be adjusted using policy dividends
J is 35-years old and looking to purchase a whole life insurance policy.
Which of the following types of policies will provide the most rapid
growth of cash value? - ✔✔✔ Correct Answer > 20- pay life
