Florida Insurance Licensing Exam Prep
Study online at https://quizlet.com/_jonk38
1. What does a Multiple Employer Welfare Small non-affiliated employers to insure their
Arrangement (MEWA) permit? members
2. What is an HMO facility with salaried A closed panel
physicians called?
3. What is another name for individuals who Subscribers
participate in an HMO plan?
4. Which of the following is an alternative Consumer Cooperative
method of providing health insurance?
5. What happens if T dies 5 years after pur- The insurance company does NOT have to
chasing a single premium, Straight Life make any further payments
annuity?
6. Which annuity is NOT acceptable for a Immediate annuity
39-year old to provide income starting at
age 60?
7. An individual who purchases a Life annu- The risk of living longer than expected
ity is given protection against:
8. With a $50,000 AD&D principal sum, what $25,000
is the MAXIMUM J receives for cutting off
a finger?
9. Which provision defines to whom the in- Payment of Claims
surer will pay benefits?
10. How much additional taxable income Nothing
must a corporation report per employee
for group life premiums paid?
1/7
, Florida Insurance Licensing Exam Prep
Study online at https://quizlet.com/_jonk38
11. Which policy type may NOT have the Auto- Decreasing Term
matic Premium Loan provision attached?
12. What is the $10,000 benefit paid from an Capital Sum
AD&D policy for losing an arm called?
13. Which Accident and Health policy provi- Time Limit on Certain Defenses
sion addresses preexisting conditions?
14. Which provision specifies that coverage Reinstatement
may be restored after failing to pay a re-
newal premium?
15. How can additional coverage be added to By adding a decreasing term rider
a Whole Life policy?
16. What are the sections of an insurance con- Exclusions
tract which limit coverage called?
17. Which life insurance rider typically ap- Payor Benefit rider
pears on a Juvenile life insurance policy?
18. What kind of contract is it when only Unilateral
the insurer makes a legally enforceable
promise?
19. What can consumer reports requested by Probability of making timely premium pay-
an underwriter determine for health in- ments
surance?
20. When does the 2-year contestability peri- The date the insurer dates the policy
od begin for an accident and health appli-
cation?
2/7
Study online at https://quizlet.com/_jonk38
1. What does a Multiple Employer Welfare Small non-affiliated employers to insure their
Arrangement (MEWA) permit? members
2. What is an HMO facility with salaried A closed panel
physicians called?
3. What is another name for individuals who Subscribers
participate in an HMO plan?
4. Which of the following is an alternative Consumer Cooperative
method of providing health insurance?
5. What happens if T dies 5 years after pur- The insurance company does NOT have to
chasing a single premium, Straight Life make any further payments
annuity?
6. Which annuity is NOT acceptable for a Immediate annuity
39-year old to provide income starting at
age 60?
7. An individual who purchases a Life annu- The risk of living longer than expected
ity is given protection against:
8. With a $50,000 AD&D principal sum, what $25,000
is the MAXIMUM J receives for cutting off
a finger?
9. Which provision defines to whom the in- Payment of Claims
surer will pay benefits?
10. How much additional taxable income Nothing
must a corporation report per employee
for group life premiums paid?
1/7
, Florida Insurance Licensing Exam Prep
Study online at https://quizlet.com/_jonk38
11. Which policy type may NOT have the Auto- Decreasing Term
matic Premium Loan provision attached?
12. What is the $10,000 benefit paid from an Capital Sum
AD&D policy for losing an arm called?
13. Which Accident and Health policy provi- Time Limit on Certain Defenses
sion addresses preexisting conditions?
14. Which provision specifies that coverage Reinstatement
may be restored after failing to pay a re-
newal premium?
15. How can additional coverage be added to By adding a decreasing term rider
a Whole Life policy?
16. What are the sections of an insurance con- Exclusions
tract which limit coverage called?
17. Which life insurance rider typically ap- Payor Benefit rider
pears on a Juvenile life insurance policy?
18. What kind of contract is it when only Unilateral
the insurer makes a legally enforceable
promise?
19. What can consumer reports requested by Probability of making timely premium pay-
an underwriter determine for health in- ments
surance?
20. When does the 2-year contestability peri- The date the insurer dates the policy
od begin for an accident and health appli-
cation?
2/7
