Florida Insurance Exam 2025/2026 Exam
Questions and Verified Answers |
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The clause identifying which losses resulting from an accident or sickness
are insured by the policy is called the: - 🧠 ANSWER ✔✔Insuring clause
K applies for a life insurance policy on herself and submits the initial
premium with the application. She is given a receipt by the agent stating
that coverage begins immediately if the application is approved. What kind
of receipt was used? - 🧠 ANSWER ✔✔Conditional
A life insurance arrangement which circumvents insurable interest statutes
is called: - 🧠 ANSWER ✔✔Investor-Originated Life Insurance
,Which of the following health policy provisions states that the producer
does NOT have the authority to change the policy or waive any of its
provisions? - 🧠 ANSWER ✔✔Entire Contract
Within how many days after policy delivery can a Medicare Supplement
policy be returned for a 100% premium refund? - 🧠 ANSWER ✔✔30
Which of the following is NOT an unfair claim settlement practice? - 🧠
ANSWER ✔✔Needing written documentation of claim details
Who is NOT required to sign a life insurance application? - 🧠 ANSWER
✔✔Beneficiary
To be eligible for Social Security disability benefits, an employee must be
unable to perform: - 🧠 ANSWER ✔✔any occupation
The type of annuity that can be purchased with one monetary deposit is
called a(n): - 🧠 ANSWER ✔✔Immediate annuity
A life insurance application must be signed by all of these, EXCEPT: - 🧠
ANSWER ✔✔beneficiary
Which of the following is considered an accurate statement of an unfair
trade practice? - 🧠 ANSWER ✔✔Twisting involves an agent using
, misrepresentation to convince a policyowner to cancel their current policy
so that they can purchase a new life insurance policy with another
company
The Accelerated Death Benefit provision in a life insurance policy is also
known as a(n): - 🧠 ANSWER ✔✔Living Benefit
Which of the following policy features allows an insured to defer current
health charges to the following year's deductible instead of the current
year's deducitble? - 🧠 ANSWER ✔✔Carryover provision
Insurance policies are considered aleatory contracts because - 🧠 ANSWER
✔✔performance is conditioned upon a future occurrence
Within how many days must a licensee notify the Department of Financial
Services of a change in address? - 🧠 ANSWER ✔✔30
Which organization was established to provide funds to protect an insured
in the event of an insurer's insolvency? - 🧠 ANSWER ✔✔Florida Life and
Health Insurance Guaranty Association
The clause in an Accident and Health policy which defines the benefit
amounts the insurer will pay is called the: - 🧠 ANSWER ✔✔Insuring clause
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
Questions and Verified Answers |
Already Graded A+
The clause identifying which losses resulting from an accident or sickness
are insured by the policy is called the: - 🧠 ANSWER ✔✔Insuring clause
K applies for a life insurance policy on herself and submits the initial
premium with the application. She is given a receipt by the agent stating
that coverage begins immediately if the application is approved. What kind
of receipt was used? - 🧠 ANSWER ✔✔Conditional
A life insurance arrangement which circumvents insurable interest statutes
is called: - 🧠 ANSWER ✔✔Investor-Originated Life Insurance
,Which of the following health policy provisions states that the producer
does NOT have the authority to change the policy or waive any of its
provisions? - 🧠 ANSWER ✔✔Entire Contract
Within how many days after policy delivery can a Medicare Supplement
policy be returned for a 100% premium refund? - 🧠 ANSWER ✔✔30
Which of the following is NOT an unfair claim settlement practice? - 🧠
ANSWER ✔✔Needing written documentation of claim details
Who is NOT required to sign a life insurance application? - 🧠 ANSWER
✔✔Beneficiary
To be eligible for Social Security disability benefits, an employee must be
unable to perform: - 🧠 ANSWER ✔✔any occupation
The type of annuity that can be purchased with one monetary deposit is
called a(n): - 🧠 ANSWER ✔✔Immediate annuity
A life insurance application must be signed by all of these, EXCEPT: - 🧠
ANSWER ✔✔beneficiary
Which of the following is considered an accurate statement of an unfair
trade practice? - 🧠 ANSWER ✔✔Twisting involves an agent using
, misrepresentation to convince a policyowner to cancel their current policy
so that they can purchase a new life insurance policy with another
company
The Accelerated Death Benefit provision in a life insurance policy is also
known as a(n): - 🧠 ANSWER ✔✔Living Benefit
Which of the following policy features allows an insured to defer current
health charges to the following year's deductible instead of the current
year's deducitble? - 🧠 ANSWER ✔✔Carryover provision
Insurance policies are considered aleatory contracts because - 🧠 ANSWER
✔✔performance is conditioned upon a future occurrence
Within how many days must a licensee notify the Department of Financial
Services of a change in address? - 🧠 ANSWER ✔✔30
Which organization was established to provide funds to protect an insured
in the event of an insurer's insolvency? - 🧠 ANSWER ✔✔Florida Life and
Health Insurance Guaranty Association
The clause in an Accident and Health policy which defines the benefit
amounts the insurer will pay is called the: - 🧠 ANSWER ✔✔Insuring clause
COPYRIGHT©PROFFKERRYMARTIN 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE.
PRIVACY STATEMENT. ALL RIGHTS RESERVED
