FLORIDA 240 LICENSE EXAM 2025
QUESTIONS WITH ANSWERS.
1. Agent J takes an application and initial premium from an applicant and
sends the application and premium check to the insurance company.
The insurance company returns the check back to J because the check is
made out to J instead of the insurance company. What action should J
take? - correct answer -Return to the customer, collect a new check
made out to the insurance company, and send the new check out to the
insurance company
2. Who is NOT required to sign a health insurance application? - correct
answer -beneficiary
3. Why is an applicant's signature required on a health insurance
application? - correct answer -To attest that he statements on the
application are accurate to the best of the applicant's knowledge.
4. Which mode of payment is NOT used by health insurance
policies? - correct answer -Single Premium
5. Which type of plan normally includes hospice benefits? -
correct answer -managed care plans
,6. What do families pay that are covered by the Florida Healthy Kids
Corporation? - correct answer -A portion of the premium
7. The insurer must provide a prospective buyer with a(n) - correct answer -
Buyer's Guide and Policy Summary
8. Which of the following areas of state regulation is NOT protected by
the savings clause in ERISA? - correct answer - commerce
9. According to Florida Law, in which of the following situations would a
dependent handicapped child NOT be covered under a Family Health
policy? - correct answer -The premiums for the handicapped child are
not paid
10. In Florida, an insurer licensed to conduct business in Florida, but
domiciled in New Jersey, is called a(n) - correct answer - foreign
company
11. In Florida, which of the following practitioners normally do
NOT receive payment from health insurance policies?
*Optometrists
*Pediatricians
, *Dentists
*Naturopaths - correct answer -*Naturopaths
12. (Health insurance policies in Florida must cover payment to all of
these practitioners EXCEPT naturopaths.)
13. Under an Individual Disability policy in Florida, what is the
minimum schedule of time in which claims must be made to an insured?
- correct answer -monthly
14. During the course of an insurance transaction, if an agent makes a
false or incomplete statement, he/she could be found guilty of: - correct
answer -Misrepresentation
15. The Financial Services Commission May hold hearings -
correct answer -for any reason deemed necessary
16. In Florida, which of the following is considered an Unfair
Trade Practice? - correct answer -Coercion
Coercion is considered an unfair trade practice under Florida law.
17. Nonprofit life insurance providers that are covered by a
special section in the Florida insurance code are called - correct
answer -Fraternal life insurance organizations
, 18. A Group Plan Was Recently Terminated. In Florida, How Many
Days Are Covered Individuals Guaranteed Coverage After A Group
Plan's Termination? - Correct Answer -31 Days
19. The Florida Employee Health Care Access Act Was Established
To Make - Correct Answer -Group Health Insurance Available To
Employers With Up To 50 Employees
20. Florida Requires That Coverage For Newborns Begins "From The
Moment Of Birth" And Continues For - Correct Answer -18 Months
21. In Order For A Domestic, Foreign, Or Alien Insurance Company To
Conduct Business, It Must Be Authorized By Whom? - Correct Answer
-The State Where They Are Conducting Business
22. S Takes Out A Health Insurance Policy Which Contains A Provision
That States That The Agent Does Not Have The Authority To Change
The Policy Or Waive Any Of Its Provisions. Which Health Policy
Provision Is This? - Correct Answer -Entire Contract
23. Which Of The Following Is NOT A Consequence For Placing
Business With An Unauthorized Insurer? - Correct Answer -First
Degree Misdemeanor
QUESTIONS WITH ANSWERS.
1. Agent J takes an application and initial premium from an applicant and
sends the application and premium check to the insurance company.
The insurance company returns the check back to J because the check is
made out to J instead of the insurance company. What action should J
take? - correct answer -Return to the customer, collect a new check
made out to the insurance company, and send the new check out to the
insurance company
2. Who is NOT required to sign a health insurance application? - correct
answer -beneficiary
3. Why is an applicant's signature required on a health insurance
application? - correct answer -To attest that he statements on the
application are accurate to the best of the applicant's knowledge.
4. Which mode of payment is NOT used by health insurance
policies? - correct answer -Single Premium
5. Which type of plan normally includes hospice benefits? -
correct answer -managed care plans
,6. What do families pay that are covered by the Florida Healthy Kids
Corporation? - correct answer -A portion of the premium
7. The insurer must provide a prospective buyer with a(n) - correct answer -
Buyer's Guide and Policy Summary
8. Which of the following areas of state regulation is NOT protected by
the savings clause in ERISA? - correct answer - commerce
9. According to Florida Law, in which of the following situations would a
dependent handicapped child NOT be covered under a Family Health
policy? - correct answer -The premiums for the handicapped child are
not paid
10. In Florida, an insurer licensed to conduct business in Florida, but
domiciled in New Jersey, is called a(n) - correct answer - foreign
company
11. In Florida, which of the following practitioners normally do
NOT receive payment from health insurance policies?
*Optometrists
*Pediatricians
, *Dentists
*Naturopaths - correct answer -*Naturopaths
12. (Health insurance policies in Florida must cover payment to all of
these practitioners EXCEPT naturopaths.)
13. Under an Individual Disability policy in Florida, what is the
minimum schedule of time in which claims must be made to an insured?
- correct answer -monthly
14. During the course of an insurance transaction, if an agent makes a
false or incomplete statement, he/she could be found guilty of: - correct
answer -Misrepresentation
15. The Financial Services Commission May hold hearings -
correct answer -for any reason deemed necessary
16. In Florida, which of the following is considered an Unfair
Trade Practice? - correct answer -Coercion
Coercion is considered an unfair trade practice under Florida law.
17. Nonprofit life insurance providers that are covered by a
special section in the Florida insurance code are called - correct
answer -Fraternal life insurance organizations
, 18. A Group Plan Was Recently Terminated. In Florida, How Many
Days Are Covered Individuals Guaranteed Coverage After A Group
Plan's Termination? - Correct Answer -31 Days
19. The Florida Employee Health Care Access Act Was Established
To Make - Correct Answer -Group Health Insurance Available To
Employers With Up To 50 Employees
20. Florida Requires That Coverage For Newborns Begins "From The
Moment Of Birth" And Continues For - Correct Answer -18 Months
21. In Order For A Domestic, Foreign, Or Alien Insurance Company To
Conduct Business, It Must Be Authorized By Whom? - Correct Answer
-The State Where They Are Conducting Business
22. S Takes Out A Health Insurance Policy Which Contains A Provision
That States That The Agent Does Not Have The Authority To Change
The Policy Or Waive Any Of Its Provisions. Which Health Policy
Provision Is This? - Correct Answer -Entire Contract
23. Which Of The Following Is NOT A Consequence For Placing
Business With An Unauthorized Insurer? - Correct Answer -First
Degree Misdemeanor
