Page 1 of 48
FLORIDA 215 EXAM NEWEST 2026 ACTUAL EXAM
QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) ALL ANSWERED {150 Q & A}
ALREADY GRADED A+ | BRAND NEW! | 100%
GUARANTEED PASS
Agents should check with _________________ to determine if the
insurer they are representing is a properly authorized insurer.
1) the State Legislature
2) the Department of Financial Services
3) the State Court System
4) their employer - ✔✔✔ Correct Answer > the Department of Financial
Services
The term "doc-in-a-box" refers to which of the following?
1) PPOs
2) Closed-panel HMOs
3) Open-panel HMOs
4) All HMOs and PPOs - ✔✔✔ Correct Answer > closed-panel HMOs
When a group life insurance policy is canceled, which of the
following is NOT required?
,Page 2 of 48
1) The insurance company must notify the group policyowner.
2) The insurance company must request that the policyowner
notify the group members.
3) The insurance company must notify the group members.
4) The policyowner must notify the group members. - ✔✔✔ Correct
Answer > The insurance company must notify the group members
If the insured on a 10-year level term policy dies after only 5
years, what does the beneficiary receive?
1) Nothing
2) The full face value
3) One-half of the face value
4) An amount equal to the premiums paid in - ✔✔✔ Correct Answer >
The full face value
An employer who is a member of an MET is issued a
_________________ detailing the relationship between the trust and
the employer and the coverages the employer has chosen to
offer its employees.
1) joinder agreement
2) certificate of insurance
3) certificate of compliance
4) certificate of completion - ✔✔✔ Correct Answer > joinder agreement
,Page 3 of 48
All of the following employed persons who have no employer-
sponsored retirement plan would be eligible to set up and
contribute to a traditional IRA EXCEPT:
1) Joan, age 26, customer service representative.
2) Brett, age 41, medical technician.
3) Edna, age 72, nurse.
4) John, age 60, electrician. - ✔✔✔ Correct Answer > Edna, age 72,
nurse
Which of the following reimburses its insureds for covered
medical expenses?
1) HMOs
2) PPOs
3) Service providers
4) Commercial insurers - ✔✔✔ Correct Answer > Commercial insurers
If pre-tax dollars are withdrawn before age _____ on a tax-
deferred annuity, a 10% excise tax penalty is imposed by the
federal government.
1) 72
2) 65
3) 62 1/2
, Page 4 of 48
4) 59 1/2 - ✔✔✔ Correct Answer > 59 1/2
TRUE or FALSE
A $50,000 fine can be assessed for violation of a Cease and
Desist order. - ✔✔✔ Correct Answer > TRUE
When it comes to hospital expenses in a Medical Reimbursement
plan, the policyowner is the beneficiary and expenses are:
1) paid in a fixed amount per day of hospitalization.
2) paid in a fixed amount per illness.
3) reimbursed for actual loss incurred.
4) reimbursed to the limits of the policy. - ✔✔✔ Correct Answer >
reimbursed for actual loss incurred
Assessment Mutual Insurers, Reinsurers, and Home Service
Insurers are all examples of what type of insurer?
1) Private insurers
2) Government insurers
3) State insurers
4) Federal insurers - ✔✔✔ Correct Answer > Private insurers
The "currently insured" classification under Social Security limits
survivorship benefits. In order to be eligible for Social Security
FLORIDA 215 EXAM NEWEST 2026 ACTUAL EXAM
QUESTIONS AND CORRECT DETAILED ANSWERS
(VERIFIED ANSWERS) ALL ANSWERED {150 Q & A}
ALREADY GRADED A+ | BRAND NEW! | 100%
GUARANTEED PASS
Agents should check with _________________ to determine if the
insurer they are representing is a properly authorized insurer.
1) the State Legislature
2) the Department of Financial Services
3) the State Court System
4) their employer - ✔✔✔ Correct Answer > the Department of Financial
Services
The term "doc-in-a-box" refers to which of the following?
1) PPOs
2) Closed-panel HMOs
3) Open-panel HMOs
4) All HMOs and PPOs - ✔✔✔ Correct Answer > closed-panel HMOs
When a group life insurance policy is canceled, which of the
following is NOT required?
,Page 2 of 48
1) The insurance company must notify the group policyowner.
2) The insurance company must request that the policyowner
notify the group members.
3) The insurance company must notify the group members.
4) The policyowner must notify the group members. - ✔✔✔ Correct
Answer > The insurance company must notify the group members
If the insured on a 10-year level term policy dies after only 5
years, what does the beneficiary receive?
1) Nothing
2) The full face value
3) One-half of the face value
4) An amount equal to the premiums paid in - ✔✔✔ Correct Answer >
The full face value
An employer who is a member of an MET is issued a
_________________ detailing the relationship between the trust and
the employer and the coverages the employer has chosen to
offer its employees.
1) joinder agreement
2) certificate of insurance
3) certificate of compliance
4) certificate of completion - ✔✔✔ Correct Answer > joinder agreement
,Page 3 of 48
All of the following employed persons who have no employer-
sponsored retirement plan would be eligible to set up and
contribute to a traditional IRA EXCEPT:
1) Joan, age 26, customer service representative.
2) Brett, age 41, medical technician.
3) Edna, age 72, nurse.
4) John, age 60, electrician. - ✔✔✔ Correct Answer > Edna, age 72,
nurse
Which of the following reimburses its insureds for covered
medical expenses?
1) HMOs
2) PPOs
3) Service providers
4) Commercial insurers - ✔✔✔ Correct Answer > Commercial insurers
If pre-tax dollars are withdrawn before age _____ on a tax-
deferred annuity, a 10% excise tax penalty is imposed by the
federal government.
1) 72
2) 65
3) 62 1/2
, Page 4 of 48
4) 59 1/2 - ✔✔✔ Correct Answer > 59 1/2
TRUE or FALSE
A $50,000 fine can be assessed for violation of a Cease and
Desist order. - ✔✔✔ Correct Answer > TRUE
When it comes to hospital expenses in a Medical Reimbursement
plan, the policyowner is the beneficiary and expenses are:
1) paid in a fixed amount per day of hospitalization.
2) paid in a fixed amount per illness.
3) reimbursed for actual loss incurred.
4) reimbursed to the limits of the policy. - ✔✔✔ Correct Answer >
reimbursed for actual loss incurred
Assessment Mutual Insurers, Reinsurers, and Home Service
Insurers are all examples of what type of insurer?
1) Private insurers
2) Government insurers
3) State insurers
4) Federal insurers - ✔✔✔ Correct Answer > Private insurers
The "currently insured" classification under Social Security limits
survivorship benefits. In order to be eligible for Social Security
