FLORIDA LIFE AND HEALTH 2-15 FINAL EXAM ACTUAL EXAM 300 DETAILED QUESTIONS AND GUARANTEED ANSWERS ALRREADY A GRADE.

FLORIDA LIFE AND HEALTH 2-15 FINAL EXAM ACTUAL EXAM 300 DETAILED QUESTIONS AND GUARANTEED ANSWERS ALRREADY A GRADE. A physician opens up a new practice and qualifies for a $7,000/monthly Disability income policy. What rider would the physician add if he wants the ability to increase his policy benefits as his practice and income grow? - ANSWER- Guaranteed insurability option rider Which of these types of coverage is best described as a short term medical policy - ANSWER- INTERIM coverage The COBRA gives workers (and their families) whose employment has been terminated the right to... - ANSWER- Continue group health benefits Under Florida law, which of the following provisions is NOT required in a Medicare Supplement policy? - ANSWER- Limitation on pre-existing conditions for up to 12 months. What are adjustable rates for life policy loans in Florida based on? - ANSWER- Moody's corporate bond index A policyowner's rights are limited under which beneficiary designation? - ANSWER- Irrevocable A trustee-to-trustee transfer or rollover funds in a qualified plan allows a participant to avoid: - ANSWER- Mandatory income tax withholding on the transfer amount.