Final Exam-Health Insurance Florida 2-
40 Practice Exam Questions with
Solved Solutions 2025-2026 Updated.
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) - 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 - Answer 100
Under an Accidental Death and Dismemberment (AD&D) policy, insurable interest must exist at
which of the following times?
-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 - 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 - Answer month
, -Basic Hospital
-Disability Buy-Out
-Comprehensive Major Medical
-Short-Term Disability Income - Answer Disability Buy-Out
Which of the following health policies requires a beneficiary designation?
-Travel Accident
-Medicare Supplement
-Blanket
-Long Term Care - 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 - 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 - 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?
-Own occupation
-Any occupation
-Residual disability
-Presumptive disability - Answer Residual disability
40 Practice Exam Questions with
Solved Solutions 2025-2026 Updated.
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) - 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 - Answer 100
Under an Accidental Death and Dismemberment (AD&D) policy, insurable interest must exist at
which of the following times?
-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 - 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 - Answer month
, -Basic Hospital
-Disability Buy-Out
-Comprehensive Major Medical
-Short-Term Disability Income - Answer Disability Buy-Out
Which of the following health policies requires a beneficiary designation?
-Travel Accident
-Medicare Supplement
-Blanket
-Long Term Care - 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 - 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 - 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?
-Own occupation
-Any occupation
-Residual disability
-Presumptive disability - Answer Residual disability
