4/22/25, 2:16 PM Florida 2-15 Final Exam
FLORIDA 2-15 ACTUAL FINAL EXAM 2024-2025 NEWEST
VERSION WITH UPDATED QUESTIONS AND CORRECT
DETAILED ANSWERS \\VERIFIED ANSWERS \GUARANTEED
PASS \GRADED A+
Jack's retirement plan meets Qualified
all federal
requirements and entitles
him to certain tax benefits as
the owner of the plan. What
term best describes Jack's
retirement plan?
The Uniform Provision Law Entire Contract Provision.
that prevents an insurance
company from altering its
agreement with a
policyholder by referring to
documents or other items
not contained in the policy
is called the
An insured's cancelable Full benefits, as if the policy were still completely in effect
health insurance policy is
being cancelled. One day
before the policy is scheduled
to end, he is
involved in a major accident
and is
hospitalized for a week.
Which of the
following best describes the
coverage that he would
receive?
/ 1/28
,4/22/25, 2:16 PM Florida 2-15 Final Exam
When the owner of a Paid-up additions b) Reduce the premium
participating whole life
policy uses the dividend
to provide
more life insurance
coverage, which of the
following dividend options is
being used?
The entire contract includes A buyer's guide.
all of the following EXCEPT
Insureds have the right to Insureds have the right to do which of the following if
do which of the following if they have NOT received the proper claim forms
they have NOT received within 15 days of their notice to the insurer of a
the proper claim forms covered loss
within 15 days of their under a major medical policy?
notice to the insurer of a
covered loss
under a major medical policy?
A husband and wife both Family
incur expenses that are
attributed to a single
major
medical insurance
deductible. Which type of
deductible do they have in
their policy?
.
HMOs are known as what type Service
of plans?
Which of the following is the Insurance application b) Risk analysis c) The law of large numbers
primary
source of information that
an insurer uses to evaluate
an insured's risk for life
insurance?
Decreasing Term insurance is Cover a mortgage.
often used to
/ 2/28
, 4/22/25, 2:16 PM Florida 2-15 Final Exam
Following a covered loss, the Monthly
Time Payment of Claims
Provision requires that an
insurance company pay
disability income benefits
no less frequently than
Which of the following is Probationary Period
NOT mandatory under the
Uniform Provisions Law as
applied to accident and health
policies?
In health insurance, the Mode of premium payment.
length of the grace period
varies according to the
All of the following are Mental illness.
excluded from coverage in
an individual health
insurance policy EXCEPT
Answers to questions in an Believed to be true to the best of the applicant's knowledge.
insurance
application are called
representations and, as
such, they are
Which of the following Capital sums are percentages of principal sums.
describes the
relationship between a
capital sum and a principal
sum?
In addition to participation By requiring that the insurance be incidental to the group
requirements, how does an
insurer guard against
adverse selection when
underwriting group health?
Medicare is a health Those with low income and low assets.
insurance program for all
the following individuals
EXCEPT
/ 3/28
FLORIDA 2-15 ACTUAL FINAL EXAM 2024-2025 NEWEST
VERSION WITH UPDATED QUESTIONS AND CORRECT
DETAILED ANSWERS \\VERIFIED ANSWERS \GUARANTEED
PASS \GRADED A+
Jack's retirement plan meets Qualified
all federal
requirements and entitles
him to certain tax benefits as
the owner of the plan. What
term best describes Jack's
retirement plan?
The Uniform Provision Law Entire Contract Provision.
that prevents an insurance
company from altering its
agreement with a
policyholder by referring to
documents or other items
not contained in the policy
is called the
An insured's cancelable Full benefits, as if the policy were still completely in effect
health insurance policy is
being cancelled. One day
before the policy is scheduled
to end, he is
involved in a major accident
and is
hospitalized for a week.
Which of the
following best describes the
coverage that he would
receive?
/ 1/28
,4/22/25, 2:16 PM Florida 2-15 Final Exam
When the owner of a Paid-up additions b) Reduce the premium
participating whole life
policy uses the dividend
to provide
more life insurance
coverage, which of the
following dividend options is
being used?
The entire contract includes A buyer's guide.
all of the following EXCEPT
Insureds have the right to Insureds have the right to do which of the following if
do which of the following if they have NOT received the proper claim forms
they have NOT received within 15 days of their notice to the insurer of a
the proper claim forms covered loss
within 15 days of their under a major medical policy?
notice to the insurer of a
covered loss
under a major medical policy?
A husband and wife both Family
incur expenses that are
attributed to a single
major
medical insurance
deductible. Which type of
deductible do they have in
their policy?
.
HMOs are known as what type Service
of plans?
Which of the following is the Insurance application b) Risk analysis c) The law of large numbers
primary
source of information that
an insurer uses to evaluate
an insured's risk for life
insurance?
Decreasing Term insurance is Cover a mortgage.
often used to
/ 2/28
, 4/22/25, 2:16 PM Florida 2-15 Final Exam
Following a covered loss, the Monthly
Time Payment of Claims
Provision requires that an
insurance company pay
disability income benefits
no less frequently than
Which of the following is Probationary Period
NOT mandatory under the
Uniform Provisions Law as
applied to accident and health
policies?
In health insurance, the Mode of premium payment.
length of the grace period
varies according to the
All of the following are Mental illness.
excluded from coverage in
an individual health
insurance policy EXCEPT
Answers to questions in an Believed to be true to the best of the applicant's knowledge.
insurance
application are called
representations and, as
such, they are
Which of the following Capital sums are percentages of principal sums.
describes the
relationship between a
capital sum and a principal
sum?
In addition to participation By requiring that the insurance be incidental to the group
requirements, how does an
insurer guard against
adverse selection when
underwriting group health?
Medicare is a health Those with low income and low assets.
insurance program for all
the following individuals
EXCEPT
/ 3/28
