HEALTH INSURANCE FLORIDA 2-40 PRACTICE EXAM QUESTIONS 1 AND
ANSWERS 2025
Which of the following laws requires an insurer to notify an applicant in
writing that an investigative consumer report may be made on the applicant?
-Uniform Provisions Law.
-Freedom of Information Act.
-Medical Information Bureau Disclosure Act
-Fair Credit Reporting Act (Insurance Information and Privacy Protection Act)
- CORRECT ANSWER -Fair Credit Reporting Act (Insurance
Information and Privacy Protection Act)
Group health insurance specifies that what percentage of eligible individuals
MUST be offered coverage under a noncontributory plan?
-25
-50
-75
-100 - CORRECT ANSWER -100
Under an Accidental Death and Dismemberment (AD&D) policy, insurable
interest must exist at which of the following times?
Page 1 of 20
,-When a change of beneficiary is requested
-At the inception of the policy
-When a beneficiary other than a relative is named
-At the time a claim is submitted - CORRECT ANSWER -At the
inception of the policy
When periodic claim payments are required under a long-term disability
income policy, an insurer MUST make payments to an insured at least once
every:
-month
-three months
-six months
-year - CORRECT ANSWER -month
M and N own a small interior design studio that employs six people. The
owners are concerned about the financial continuation of the business if
either of them should become permanently disabled. In this situation, a
producer would MOST likely recommend which of the following types of
contracts?
-Basic Hospital
-Disability Buy-Out
-Comprehensive Major Medical
-Short-Term Disability Income - CORRECT ANSWER -Disability Buy-
Out
Which of the following health policies requires a beneficiary designation?
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, -Travel Accident
-Medicare Supplement
-Blanket
-Long Term Care - CORRECT ANSWER -Travel Accident
Suicide, pre-existing conditions and self-inflicted injuries are dealt with in
which of the following policy features?
-Extensions of coverage
-Benefits clause
-Riders
-Exclusions - CORRECT ANSWER -Exclusions
An insured whose Disability Income policy contains a Change of Occupation
clause takes a new job in a more hazardous occupation and fails to notify the
insurer of the change. One year later, the insured becomes disabled. The
insurer will most likely take which of the following actions?
-Cancel the policy and refund one year's premiums
-Settle the claim according to what the premiums would have purchased
under the more hazardous occupation
-Pay the claim in full and then cancel the policy
-Pay the claim after deducting an extra one-year premium payment -
CORRECT ANSWER -Settle the claim according to what the premiums
would have purchased under the more hazardous occupation
Which of the following definitions of disability would cover a permanent
partial disability?
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ANSWERS 2025
Which of the following laws requires an insurer to notify an applicant in
writing that an investigative consumer report may be made on the applicant?
-Uniform Provisions Law.
-Freedom of Information Act.
-Medical Information Bureau Disclosure Act
-Fair Credit Reporting Act (Insurance Information and Privacy Protection Act)
- CORRECT ANSWER -Fair Credit Reporting Act (Insurance
Information and Privacy Protection Act)
Group health insurance specifies that what percentage of eligible individuals
MUST be offered coverage under a noncontributory plan?
-25
-50
-75
-100 - CORRECT ANSWER -100
Under an Accidental Death and Dismemberment (AD&D) policy, insurable
interest must exist at which of the following times?
Page 1 of 20
,-When a change of beneficiary is requested
-At the inception of the policy
-When a beneficiary other than a relative is named
-At the time a claim is submitted - CORRECT ANSWER -At the
inception of the policy
When periodic claim payments are required under a long-term disability
income policy, an insurer MUST make payments to an insured at least once
every:
-month
-three months
-six months
-year - CORRECT ANSWER -month
M and N own a small interior design studio that employs six people. The
owners are concerned about the financial continuation of the business if
either of them should become permanently disabled. In this situation, a
producer would MOST likely recommend which of the following types of
contracts?
-Basic Hospital
-Disability Buy-Out
-Comprehensive Major Medical
-Short-Term Disability Income - CORRECT ANSWER -Disability Buy-
Out
Which of the following health policies requires a beneficiary designation?
Page 2 of 20
, -Travel Accident
-Medicare Supplement
-Blanket
-Long Term Care - CORRECT ANSWER -Travel Accident
Suicide, pre-existing conditions and self-inflicted injuries are dealt with in
which of the following policy features?
-Extensions of coverage
-Benefits clause
-Riders
-Exclusions - CORRECT ANSWER -Exclusions
An insured whose Disability Income policy contains a Change of Occupation
clause takes a new job in a more hazardous occupation and fails to notify the
insurer of the change. One year later, the insured becomes disabled. The
insurer will most likely take which of the following actions?
-Cancel the policy and refund one year's premiums
-Settle the claim according to what the premiums would have purchased
under the more hazardous occupation
-Pay the claim in full and then cancel the policy
-Pay the claim after deducting an extra one-year premium payment -
CORRECT ANSWER -Settle the claim according to what the premiums
would have purchased under the more hazardous occupation
Which of the following definitions of disability would cover a permanent
partial disability?
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