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FLORIDA 2-15 INSURANCE LICENCE EXAM
QUESTIONS AND CORRECT ANSWERS
NEWEST 2025 ACTUAL EXAM COMPLETE 300
QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A+||BRAND NEW/ LATEST VERSION!!
Accumulation units are converted into annuity units:
- Answer-at the time of annuity payout.
A group life insurance plan in which the employer
pays the entire premium is known as a
________________ plan. - Answer-noncontributory
If a disabled worker covered under Social Security
disability benefits recovers and then is disabled
again within five years, a new waiting period is
required before benefits begin again. - Answer-
FALSE
Robert had an accident and qualified for Social
Security disability. Given the waiting period, when
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will Robert begin to receive benefits? - Answer-After
5 months
The Insuring Clause includes all of the following
EXCEPT the - Answer-beneficiary
Mutualization occurs when a stock company turns to
a __________ company. - Answer-mutual
To provide a safeguard for insureds, most major
medical policies contain a ____________ feature
that limits the insured's out-of-pocket expenses. -
Answer-stop-loss
Tom is a newly appointed life, health and variable
annuity agent with Acme Insurance Agency. He is
writing his first insurance policy on his brother-in-
law's life. Who does Tom legally represent in this
transaction? - Answer-Acme Insurance Agency
An insurance clause is a distinct article in a formal
document that establishes the rules in the contract
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that _____________________ must adhere to. -
Answer-both the insurer and the insured
"ACC" refers to the type of disability that prevents
someone from performing the job he was performing
prior to the disability. - Answer-FALSE
Which statement is CORRECT about the
Department of Financial Services' right to examine
an agent's records? - Answer-An examination can
be conducted at any time to discover any unfair
trade practices.
Bill gives Jim a couple of tickets to a Florida Gators
game to thank him for purchasing a policy. This is an
example of: - Answer-rebating
____________ term insurance provides a level
amount of protection for a specified period, after
which the policy expires. - Answer-Level
FLORIDA 2-15 INSURANCE LICENCE EXAM
QUESTIONS AND CORRECT ANSWERS
NEWEST 2025 ACTUAL EXAM COMPLETE 300
QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY
GRADED A+||BRAND NEW/ LATEST VERSION!!
Accumulation units are converted into annuity units:
- Answer-at the time of annuity payout.
A group life insurance plan in which the employer
pays the entire premium is known as a
________________ plan. - Answer-noncontributory
If a disabled worker covered under Social Security
disability benefits recovers and then is disabled
again within five years, a new waiting period is
required before benefits begin again. - Answer-
FALSE
Robert had an accident and qualified for Social
Security disability. Given the waiting period, when
,2|Page
will Robert begin to receive benefits? - Answer-After
5 months
The Insuring Clause includes all of the following
EXCEPT the - Answer-beneficiary
Mutualization occurs when a stock company turns to
a __________ company. - Answer-mutual
To provide a safeguard for insureds, most major
medical policies contain a ____________ feature
that limits the insured's out-of-pocket expenses. -
Answer-stop-loss
Tom is a newly appointed life, health and variable
annuity agent with Acme Insurance Agency. He is
writing his first insurance policy on his brother-in-
law's life. Who does Tom legally represent in this
transaction? - Answer-Acme Insurance Agency
An insurance clause is a distinct article in a formal
document that establishes the rules in the contract
, 3|Page
that _____________________ must adhere to. -
Answer-both the insurer and the insured
"ACC" refers to the type of disability that prevents
someone from performing the job he was performing
prior to the disability. - Answer-FALSE
Which statement is CORRECT about the
Department of Financial Services' right to examine
an agent's records? - Answer-An examination can
be conducted at any time to discover any unfair
trade practices.
Bill gives Jim a couple of tickets to a Florida Gators
game to thank him for purchasing a policy. This is an
example of: - Answer-rebating
____________ term insurance provides a level
amount of protection for a specified period, after
which the policy expires. - Answer-Level
