XCel 2-15 Florida Life & Health State Exam
Prep Guide 2026
1. what is considered to be a characteristic of an benefit payments start within one pay-
immediate annuity ment period of purchase
2. which of these characteristics is consistent premiums are payable for as long as
with a straight life policy there is insurance coverage in force
3. an insureds inability to perform two or more long term care
activities of daily living may trigger which type
of life policy rider
4. B recently died and was insured with a life pay the amount that the premium
insurance policy for over five years. During the would have purchased at the correct
claims process, the insurer discovered that B age
had understated his age by 5 years at the time
of application. In this situation, the insurer will
5. what action can a policyowner take if an appli- assign policy ownership to the bank
cation for a bank loan requires collateral
6. what is required in the Florida Employee small group benefit plans are to be
Health Care Access Act issued on a guarantee issue basis
7. P is a forty year old woman and would like to an immediate annuity
purchase an annuity that will provide a life-
time income stream beginning at age sixty.
Which of the following did she NOT buy?
8. the situation in which a group of physicians closed panel
are salaried employees and conduct business
in an hmo facility is called
9. T sends proof of loss to her insurer for an immediately
acceptable medical expense claim under her
, XCel 2-15 Florida Life & Health State Exam
Prep Guide 2026
individual Health Insurance policy. Upon re-
ceipt, the insurer must pay the benefits
10. an application for medicare supplement cov- six
erage may not be denied by the insurer if
the application was submitted within
month(s) after the applicant reaches the age
65
11. when a policyowner cash surrenders a univer- anti money laundering violation
sal life insurance policy in its early years, this
may be considered a red flag for a(n)
12. When is a Group Health policy required to at the moment of birth
provide coverage for a newborn child?
13. which of the following situations does not ap- an existing policyholder purchases an
ply to the florida replacement rule additional policy from the same insur-
er
14. under a renewable term policy the renewal premium is calculated on
the basis of the insured's attained age
15. D owns a Whole Life policy that was purchased extended term
10 years ago. If the premium payments sud-
denly stop and D takes no additional action,
which Nonforfeiture Option will the insurer
likely proceed with?
16. In Florida, which employee is eligible for an employee who works more than 40
employer's group term life plan? hours per week
17. the employer receives a master policy
and the employees receive certificates
, XCel 2-15 Florida Life & Health State Exam
Prep Guide 2026
which of the following statements is cor-
rect regarding an employer/employee group
health plan
18. all of the following statements regarding a tax income derived from the tsa is re-
sheltered annuity (tsa) are true except ceived income tax free
19. How would a contingent beneficiary receive if the primary beneficiary dies before
the policy proceeds in an Accidental Death the insured
and Dismemberment (AD&D) policy?
20. A student pilot can pay regular premium costs aviation exclusion
for her life insurance policy with the addition
of which of the following?
21. which of these statements is incorrect regard- ppos are not a type of managed care
ing a preferred provider organization (ppo)? systems
22. which of the following is considered an accu- twisting involves an agent using mis-
rate statement of an unfair trade practice? representation to convince a policy-
owner to cancel their current policy so
that they can purchase a new life in-
surance policy with another company
23. what is floridas definition of life insurance re- a transaction in which a new policy is
placement bought and an old policy is terminated
24. a sole proprietor may use this plan only if the keogh pension plan
employees of this business are included
25. a primary beneficiary has died before the in- proceeds will go to the contingent
sured in a life insurance policy. a contingent beneficiary
beneficiary is also named in the policy. which
Prep Guide 2026
1. what is considered to be a characteristic of an benefit payments start within one pay-
immediate annuity ment period of purchase
2. which of these characteristics is consistent premiums are payable for as long as
with a straight life policy there is insurance coverage in force
3. an insureds inability to perform two or more long term care
activities of daily living may trigger which type
of life policy rider
4. B recently died and was insured with a life pay the amount that the premium
insurance policy for over five years. During the would have purchased at the correct
claims process, the insurer discovered that B age
had understated his age by 5 years at the time
of application. In this situation, the insurer will
5. what action can a policyowner take if an appli- assign policy ownership to the bank
cation for a bank loan requires collateral
6. what is required in the Florida Employee small group benefit plans are to be
Health Care Access Act issued on a guarantee issue basis
7. P is a forty year old woman and would like to an immediate annuity
purchase an annuity that will provide a life-
time income stream beginning at age sixty.
Which of the following did she NOT buy?
8. the situation in which a group of physicians closed panel
are salaried employees and conduct business
in an hmo facility is called
9. T sends proof of loss to her insurer for an immediately
acceptable medical expense claim under her
, XCel 2-15 Florida Life & Health State Exam
Prep Guide 2026
individual Health Insurance policy. Upon re-
ceipt, the insurer must pay the benefits
10. an application for medicare supplement cov- six
erage may not be denied by the insurer if
the application was submitted within
month(s) after the applicant reaches the age
65
11. when a policyowner cash surrenders a univer- anti money laundering violation
sal life insurance policy in its early years, this
may be considered a red flag for a(n)
12. When is a Group Health policy required to at the moment of birth
provide coverage for a newborn child?
13. which of the following situations does not ap- an existing policyholder purchases an
ply to the florida replacement rule additional policy from the same insur-
er
14. under a renewable term policy the renewal premium is calculated on
the basis of the insured's attained age
15. D owns a Whole Life policy that was purchased extended term
10 years ago. If the premium payments sud-
denly stop and D takes no additional action,
which Nonforfeiture Option will the insurer
likely proceed with?
16. In Florida, which employee is eligible for an employee who works more than 40
employer's group term life plan? hours per week
17. the employer receives a master policy
and the employees receive certificates
, XCel 2-15 Florida Life & Health State Exam
Prep Guide 2026
which of the following statements is cor-
rect regarding an employer/employee group
health plan
18. all of the following statements regarding a tax income derived from the tsa is re-
sheltered annuity (tsa) are true except ceived income tax free
19. How would a contingent beneficiary receive if the primary beneficiary dies before
the policy proceeds in an Accidental Death the insured
and Dismemberment (AD&D) policy?
20. A student pilot can pay regular premium costs aviation exclusion
for her life insurance policy with the addition
of which of the following?
21. which of these statements is incorrect regard- ppos are not a type of managed care
ing a preferred provider organization (ppo)? systems
22. which of the following is considered an accu- twisting involves an agent using mis-
rate statement of an unfair trade practice? representation to convince a policy-
owner to cancel their current policy so
that they can purchase a new life in-
surance policy with another company
23. what is floridas definition of life insurance re- a transaction in which a new policy is
placement bought and an old policy is terminated
24. a sole proprietor may use this plan only if the keogh pension plan
employees of this business are included
25. a primary beneficiary has died before the in- proceeds will go to the contingent
sured in a life insurance policy. a contingent beneficiary
beneficiary is also named in the policy. which
