FLORIDA HEALTH AND LIFE INSURANCE STATE EXAM PRACTICE PART
1 (Pearson) 150 TEST QUESTIONS WITH DETAILED VERIFIED ANSWERS
/ ALREADY GRADED A / NEWEST 2025/2026
Which Accident and Health policy provision addresses preexisting conditions? - correct
answerTime Limit on Certain Defenses
Which of the following individual health insurance policies will provide the broadest
protection? - correct answerMajor Medical
Which of the following situations does NOT apply to the Florida Replacement Rule? -
correct answerAn existing policyholder purchases an additional policy from the same
insurer
Agent J takes an application and initial premium from an applicant and sends the
application and premium check to the insurance company. The insurance company
returns the check back to J because the check is made out to J instead of the insurance
company. What action should J take? - correct answerReturn to the customer, collect a
new check made out to the insurance company, and send the new check out to the
insurance company
Under which of the following circumstances will the benefits under COBRA continuation
coverage end? - correct answerAll group health plans are terminated by the employer
Which type of renewability best describes a Disability Income policy that covers an
individual until the age of 65, but the insurer has the right to change the premium rate
for the overall risk class? - correct answerGarunteed Renewable
An incomplete life insurance application submitted to an insurer will result in which of
these actions? - correct answerApplication will be returned to the writting agent
The waiting period for a pre-existing condition under a Medicare Supplement policy may
NOT go beyond - correct answer6 Months
Which of these statements is INCORRECT regarding the federal income tax treatment
of life insurance? - correct answerEntire cash surrender value is taxable
Which of these is considered a mandatory provision? - correct answerPayment of
Claims
Which of the following actions will an insurance company most likely NOT take if an
applicant, who has diabetes, applies for a Disability Income policy? - correct
answerIssue the policy with an altered Time of Payment of Claims provision
Which of the following phrases refers to the fees charged by a healthcare professional?
- correct answerUsual, customary, and reasonable expenses
D was actively serving in the Marines when he was killed in an automobile accident
while on leave. His $100,000 Whole life policy contains a War Exclusion clause. How
much will D's beneficiary's receive? - correct answerThe full face amount
, FLORIDA HEALTH AND LIFE INSURANCE STATE EXAM PRACTICE PART
1 (Pearson) 150 TEST QUESTIONS WITH DETAILED VERIFIED ANSWERS
/ ALREADY GRADED A / NEWEST 2025/2026
N is covered under an individual Disability policy with a 30-day Elimination period and a
monthly benefit of $500. N is totally disabled for 3 1/2 months. N's total benefit received
on this claim is: - correct answer$1,250
No benefits are available during the elimination period.
Who does an agent represent during the solicitation or insurance? - correct answerThe
insurance company
Which of the following costs would a Basic Hospital/Surgical policy likely cover? -
correct answerSugically removing a facial birthmark
The federal income tax treatment of employer-provided group Medical Expense
insurance can be accurately described as: - correct answerEmployee's premiums paid
by the employer is tax-deductible to the employer as a business expenditure
Premiums paid by an employer for an employee's coverage are deductible by the
employer as a buisness expense
What must the policyowner provide to the insurer for validation that a loss has
occurred? - correct answerproof of loss
Association Plans that are designed to provide health benefits to their members are
regulated by the state because - correct answerThey are insured by and authorized
insurer
Which of the following statements is CORRECT about the period in which a Term Policy
can be converted? - correct answerIt varies according to contracts
When does a life insurance contract become effective if the initial premium is not
collected during the application process? - correct answerWhen producer delives policy
and collects initial premium
A provision in a life insurance policy that pays the policyowner an amount that does not
surpass the guaranteed cash value is called the: - correct answerPolicy Loan Provision
Medicare Part A and Part B do no pay for: - correct answerDental Work
When a misrepresentation on a life insurance policy application is discovered, what
action may an insurance company take? - correct answerVoid the policy only if it is
discovered during the Contestable period and proven to be material
The insuring Clause - correct answerStates the scope and limits of the coverage
1 (Pearson) 150 TEST QUESTIONS WITH DETAILED VERIFIED ANSWERS
/ ALREADY GRADED A / NEWEST 2025/2026
Which Accident and Health policy provision addresses preexisting conditions? - correct
answerTime Limit on Certain Defenses
Which of the following individual health insurance policies will provide the broadest
protection? - correct answerMajor Medical
Which of the following situations does NOT apply to the Florida Replacement Rule? -
correct answerAn existing policyholder purchases an additional policy from the same
insurer
Agent J takes an application and initial premium from an applicant and sends the
application and premium check to the insurance company. The insurance company
returns the check back to J because the check is made out to J instead of the insurance
company. What action should J take? - correct answerReturn to the customer, collect a
new check made out to the insurance company, and send the new check out to the
insurance company
Under which of the following circumstances will the benefits under COBRA continuation
coverage end? - correct answerAll group health plans are terminated by the employer
Which type of renewability best describes a Disability Income policy that covers an
individual until the age of 65, but the insurer has the right to change the premium rate
for the overall risk class? - correct answerGarunteed Renewable
An incomplete life insurance application submitted to an insurer will result in which of
these actions? - correct answerApplication will be returned to the writting agent
The waiting period for a pre-existing condition under a Medicare Supplement policy may
NOT go beyond - correct answer6 Months
Which of these statements is INCORRECT regarding the federal income tax treatment
of life insurance? - correct answerEntire cash surrender value is taxable
Which of these is considered a mandatory provision? - correct answerPayment of
Claims
Which of the following actions will an insurance company most likely NOT take if an
applicant, who has diabetes, applies for a Disability Income policy? - correct
answerIssue the policy with an altered Time of Payment of Claims provision
Which of the following phrases refers to the fees charged by a healthcare professional?
- correct answerUsual, customary, and reasonable expenses
D was actively serving in the Marines when he was killed in an automobile accident
while on leave. His $100,000 Whole life policy contains a War Exclusion clause. How
much will D's beneficiary's receive? - correct answerThe full face amount
, FLORIDA HEALTH AND LIFE INSURANCE STATE EXAM PRACTICE PART
1 (Pearson) 150 TEST QUESTIONS WITH DETAILED VERIFIED ANSWERS
/ ALREADY GRADED A / NEWEST 2025/2026
N is covered under an individual Disability policy with a 30-day Elimination period and a
monthly benefit of $500. N is totally disabled for 3 1/2 months. N's total benefit received
on this claim is: - correct answer$1,250
No benefits are available during the elimination period.
Who does an agent represent during the solicitation or insurance? - correct answerThe
insurance company
Which of the following costs would a Basic Hospital/Surgical policy likely cover? -
correct answerSugically removing a facial birthmark
The federal income tax treatment of employer-provided group Medical Expense
insurance can be accurately described as: - correct answerEmployee's premiums paid
by the employer is tax-deductible to the employer as a business expenditure
Premiums paid by an employer for an employee's coverage are deductible by the
employer as a buisness expense
What must the policyowner provide to the insurer for validation that a loss has
occurred? - correct answerproof of loss
Association Plans that are designed to provide health benefits to their members are
regulated by the state because - correct answerThey are insured by and authorized
insurer
Which of the following statements is CORRECT about the period in which a Term Policy
can be converted? - correct answerIt varies according to contracts
When does a life insurance contract become effective if the initial premium is not
collected during the application process? - correct answerWhen producer delives policy
and collects initial premium
A provision in a life insurance policy that pays the policyowner an amount that does not
surpass the guaranteed cash value is called the: - correct answerPolicy Loan Provision
Medicare Part A and Part B do no pay for: - correct answerDental Work
When a misrepresentation on a life insurance policy application is discovered, what
action may an insurance company take? - correct answerVoid the policy only if it is
discovered during the Contestable period and proven to be material
The insuring Clause - correct answerStates the scope and limits of the coverage
