FLORIDA DEPARTMENT OF FINANCIAL SERVICES
2-15 Insurance License Exam
Verified Questions & Correct Answers
Official Practice Exam · 2026/2027 Edition
A+ Graded · Comprehensive Coverage · Rationales Included
Questions Minutes Passing Score License Type
150 120 80% 2-15
Table of Contents
Section 1: Insurance Regulations & Florida Insurance Law (25 Qs)
Section 2: Life Insurance Basics & Policy Provisions (30 Qs)
Section 3: Health Insurance Basics & Policy Provisions (30 Qs)
Section 4: Annuities & Retirement Plans (20 Qs)
Section 5: Underwriting & Premiums (25 Qs)
Section 6: Group Insurance & Social Insurance (20 Qs)
Instructions
Read each question carefully. Every question presents a realistic scenario based on Florida insurance regulations and
industry practices.
Select the single best answer from the four options provided. No question uses 'All of the above' or 'None of the above.'
Review the rationale after answering to reinforce understanding of key insurance concepts and legal requirements.
A score of 80% or higher (120 of 150) is required to pass the Florida 2-15 Insurance License Exam.
Manage your time carefully: approximately 48 seconds per question across 120 minutes.
FL 2-15 Insurance License — 2026/2027 | Passing Score: 80% | Page 1 of YYY
,Section 1: Insurance Regulations & Florida Insurance Law — 2026/2027
Q1 Question 1 of 150
A licensed insurance agent in Florida receives a complaint from a policyholder regarding a claim
denial. Under Florida law, the agent must forward the complaint to the insurer within how many
business days?
A. 10 business days of receiving the complaint
B. 15 business days of receiving the complaint
C. 30 business days of receiving the complaint
D. 3 business days of receiving the complaint
Correct Answer: D
Rationale:
Florida statute requires agents to forward policyholder complaints to the insurer within 3 business days. Failure to do
so can result in disciplinary action by the Department of Financial Services. The 10-day option refers to the insurer's
initial response timeframe, not the agent's forwarding requirement.
Q2 Question 2 of 150
An insurance applicant discovers that an agent misrepresented the terms of a life insurance policy
during the sales process. Under Florida law, this practice is classified as
A. Twisting, which only applies when replacing existing policies
B. Misrepresentation, which is an unfair trade practice subject to license suspension and fines
C. Rebating, which involves returning a portion of the premium
D. Coercion, which involves using threats to force a purchase
Correct Answer: B
Rationale:
Misrepresentation is defined as making false or misleading statements about the terms of an insurance policy. Florida
Statute 626.9541 classifies this as an unfair trade practice. Twisting involves replacement of existing policies, and
rebating involves returning premium portions.
FL 2-15 Insurance License — 2026/2027 | Passing Score: 80% | Page 2 of YYY
,Q3 Question 3 of 150
A Florida resident applies for a 2-15 insurance license and has completed the required pre-licensing
education. The applicant must also pass the state examination and
A. Obtain a sponsoring employer before submitting the license application
B. Submit fingerprints for a background check and apply through the National Insurance Producer
Registry
C. Complete an additional 40 hours of specialized training in annuities
D. Pass a separate ethics examination administered by the DFS
Correct Answer: B
Rationale:
Florida requires license applicants to submit fingerprints for a criminal background check and apply through NIPR or
the MyProfile system. A sponsoring employer is not required for an individual license. Annuity training is a separate
continuing education requirement, not a pre-licensing requirement.
Q4 Question 4 of 150
An agent's Florida insurance license has been inactive for more than 48 months. To reactivate the
license, the agent must
A. Complete 24 hours of continuing education and pay the reinstatement fee
B. Submit a reactivation application with proof of employment
C. Retake and pass the state licensing examination and meet all current licensing requirements
D. Wait for the next biennial renewal period to request reactivation
Correct Answer: C
Rationale:
If a Florida insurance license has been inactive for more than 48 months, the licensee must retake and pass the state
examination to reactivate. Simply completing continuing education is insufficient after the 48-month threshold has
passed.
Q5 Question 5 of 150
The Florida Department of Financial Services identifies that an agent has been sharing commissions
with an unlicensed individual. Under Florida law, this practice is
A. Permitted if the unlicensed individual provides administrative support
B. Allowed as long as both parties report the income on tax returns
C. Permitted only for family members of the licensed agent
D. Prohibited and constitutes an unfair method of competition subject to disciplinary action
Correct Answer: D
FL 2-15 Insurance License — 2026/2027 | Passing Score: 80% | Page 3 of YYY
, Rationale:
Sharing commissions with unlicensed individuals is strictly prohibited under Florida insurance law. This practice is
considered an unfair method of competition and can result in license suspension or revocation. No exceptions exist
for family members or administrative staff.
Q6 Question 6 of 150
A Florida insurance agent receives a cease and desist order from the Office of Insurance Regulation.
The agent's most appropriate action is to
A. Continue the activity while waiting for a court date to challenge the order
B. Immediately stop the specified activity and may request a hearing within 30 days to contest the
order
C. Ignore the order because only a court can enforce regulatory actions
D. File a complaint with the National Association of Insurance Commissioners
Correct Answer: B
Rationale:
A cease and desist order requires immediate compliance. The agent must stop the specified activity but has the right
to request a hearing within 30 days to contest the order. Continuing the prohibited activity after receiving the order
can result in additional penalties.
Q7 Question 7 of 150
Under Florida law, the free-look provision for a life insurance policy allows the policyholder to return
the policy within how many days for a full premium refund?
A. 10 days from the date the application is signed
B. 30 days from the date the first premium is paid
C. 14 days from the date the policy is delivered to the owner
D. 21 days from the date the policy is issued by the insurer
Correct Answer: C
Rationale:
Florida law provides a minimum 14-day free-look period for life insurance policies, starting from the date the policy is
delivered to the owner. During this period, the policyholder may return the policy for a full refund of all premiums paid
without penalty.
FL 2-15 Insurance License — 2026/2027 | Passing Score: 80% | Page 4 of YYY
2-15 Insurance License Exam
Verified Questions & Correct Answers
Official Practice Exam · 2026/2027 Edition
A+ Graded · Comprehensive Coverage · Rationales Included
Questions Minutes Passing Score License Type
150 120 80% 2-15
Table of Contents
Section 1: Insurance Regulations & Florida Insurance Law (25 Qs)
Section 2: Life Insurance Basics & Policy Provisions (30 Qs)
Section 3: Health Insurance Basics & Policy Provisions (30 Qs)
Section 4: Annuities & Retirement Plans (20 Qs)
Section 5: Underwriting & Premiums (25 Qs)
Section 6: Group Insurance & Social Insurance (20 Qs)
Instructions
Read each question carefully. Every question presents a realistic scenario based on Florida insurance regulations and
industry practices.
Select the single best answer from the four options provided. No question uses 'All of the above' or 'None of the above.'
Review the rationale after answering to reinforce understanding of key insurance concepts and legal requirements.
A score of 80% or higher (120 of 150) is required to pass the Florida 2-15 Insurance License Exam.
Manage your time carefully: approximately 48 seconds per question across 120 minutes.
FL 2-15 Insurance License — 2026/2027 | Passing Score: 80% | Page 1 of YYY
,Section 1: Insurance Regulations & Florida Insurance Law — 2026/2027
Q1 Question 1 of 150
A licensed insurance agent in Florida receives a complaint from a policyholder regarding a claim
denial. Under Florida law, the agent must forward the complaint to the insurer within how many
business days?
A. 10 business days of receiving the complaint
B. 15 business days of receiving the complaint
C. 30 business days of receiving the complaint
D. 3 business days of receiving the complaint
Correct Answer: D
Rationale:
Florida statute requires agents to forward policyholder complaints to the insurer within 3 business days. Failure to do
so can result in disciplinary action by the Department of Financial Services. The 10-day option refers to the insurer's
initial response timeframe, not the agent's forwarding requirement.
Q2 Question 2 of 150
An insurance applicant discovers that an agent misrepresented the terms of a life insurance policy
during the sales process. Under Florida law, this practice is classified as
A. Twisting, which only applies when replacing existing policies
B. Misrepresentation, which is an unfair trade practice subject to license suspension and fines
C. Rebating, which involves returning a portion of the premium
D. Coercion, which involves using threats to force a purchase
Correct Answer: B
Rationale:
Misrepresentation is defined as making false or misleading statements about the terms of an insurance policy. Florida
Statute 626.9541 classifies this as an unfair trade practice. Twisting involves replacement of existing policies, and
rebating involves returning premium portions.
FL 2-15 Insurance License — 2026/2027 | Passing Score: 80% | Page 2 of YYY
,Q3 Question 3 of 150
A Florida resident applies for a 2-15 insurance license and has completed the required pre-licensing
education. The applicant must also pass the state examination and
A. Obtain a sponsoring employer before submitting the license application
B. Submit fingerprints for a background check and apply through the National Insurance Producer
Registry
C. Complete an additional 40 hours of specialized training in annuities
D. Pass a separate ethics examination administered by the DFS
Correct Answer: B
Rationale:
Florida requires license applicants to submit fingerprints for a criminal background check and apply through NIPR or
the MyProfile system. A sponsoring employer is not required for an individual license. Annuity training is a separate
continuing education requirement, not a pre-licensing requirement.
Q4 Question 4 of 150
An agent's Florida insurance license has been inactive for more than 48 months. To reactivate the
license, the agent must
A. Complete 24 hours of continuing education and pay the reinstatement fee
B. Submit a reactivation application with proof of employment
C. Retake and pass the state licensing examination and meet all current licensing requirements
D. Wait for the next biennial renewal period to request reactivation
Correct Answer: C
Rationale:
If a Florida insurance license has been inactive for more than 48 months, the licensee must retake and pass the state
examination to reactivate. Simply completing continuing education is insufficient after the 48-month threshold has
passed.
Q5 Question 5 of 150
The Florida Department of Financial Services identifies that an agent has been sharing commissions
with an unlicensed individual. Under Florida law, this practice is
A. Permitted if the unlicensed individual provides administrative support
B. Allowed as long as both parties report the income on tax returns
C. Permitted only for family members of the licensed agent
D. Prohibited and constitutes an unfair method of competition subject to disciplinary action
Correct Answer: D
FL 2-15 Insurance License — 2026/2027 | Passing Score: 80% | Page 3 of YYY
, Rationale:
Sharing commissions with unlicensed individuals is strictly prohibited under Florida insurance law. This practice is
considered an unfair method of competition and can result in license suspension or revocation. No exceptions exist
for family members or administrative staff.
Q6 Question 6 of 150
A Florida insurance agent receives a cease and desist order from the Office of Insurance Regulation.
The agent's most appropriate action is to
A. Continue the activity while waiting for a court date to challenge the order
B. Immediately stop the specified activity and may request a hearing within 30 days to contest the
order
C. Ignore the order because only a court can enforce regulatory actions
D. File a complaint with the National Association of Insurance Commissioners
Correct Answer: B
Rationale:
A cease and desist order requires immediate compliance. The agent must stop the specified activity but has the right
to request a hearing within 30 days to contest the order. Continuing the prohibited activity after receiving the order
can result in additional penalties.
Q7 Question 7 of 150
Under Florida law, the free-look provision for a life insurance policy allows the policyholder to return
the policy within how many days for a full premium refund?
A. 10 days from the date the application is signed
B. 30 days from the date the first premium is paid
C. 14 days from the date the policy is delivered to the owner
D. 21 days from the date the policy is issued by the insurer
Correct Answer: C
Rationale:
Florida law provides a minimum 14-day free-look period for life insurance policies, starting from the date the policy is
delivered to the owner. During this period, the policyholder may return the policy for a full refund of all premiums paid
without penalty.
FL 2-15 Insurance License — 2026/2027 | Passing Score: 80% | Page 4 of YYY
