Florida Life and Health 2:15
1. What is the statue of limitation on lawsuits for health d
insurance policies?
a) 1 year
b) 2 years
c) 4 years
d) 5 years
2. When does Medicare cover nursing home care? d
a) only if the deductible has been met
b) only for those age 80 and older
c) Medicare covers all nursing home care for eligible
policyholders
d) only if it is part of treatment for a covered illness or
injury
3. At what point must and Outline of Coverage be deliv- b
ered?
a) Upon deliver of the policy only
b) At the time of application or delivery of the policy
c) At any point up to 30 days after policy delivery
d) At the time of application only
4. An individual purchase a Medicare supplement policy d
in March and decided to replace it 2 months later.
His history of coronary artery disease is considered a
pre-existing condition. Which of the following is true?
a) Coronary artery disease coverage will be perma-
nently excluded from the new policy
b) In replacement, pre-existing conditions must be
waived, so sickness relating to coronary artery disease
will be covered upon the policy's effective date
c) Because this is a new policy, the pre-existing condi-
, Florida Life and Health 2:15
tion waiting period starts over
d) The pre-existing condition waiting period fulfilled in
the old policy will be transferred to the new policy
5. What is the maximum elimination period in long term b
care policies issued in Florida?
a) 30 days
b) 90 days
c) 180 days
d) 365 days
6. The Florida Employee Health Care Access Act serves b
which of the following purposes?
a) It mandates minimal health insurance provisions to
employees of companies with 10 or fewer employees
b) It regulates group health insurance provisions pro-
vided by insurers or HMO's to small employers
c) It encourages limited group health insurance provi-
sions provided by HMO's
d) It requires employers to purchase insurance that
covers all pre-existing conditions of covered employ-
ees without limitation
7. In order for an employee to be considered eligible for c
small group insurance, the employee must work at
least how many hours per week?
a) 15
b) 20
c) 25
d) 40
8. Which of the following does not describe hospice a
care?
, Florida Life and Health 2:15
a) It provides care to people with life expectancy of 1
to 2 years
b) It provides continuous care
c) It provides care to terminally ill people
d) It provides care in a home like setting
9. All of the following must be presented on a small group a
health insurance identification card EXCEPT?
a) The insured's address
b) The name of the certificate holder
c) The member identification number
d) Contact numbers for physicians
10. Who must sign a notice regarding replacement? c
a) Applicant only
b) Agent only
c) Both the applicant and agent
d) Both the agent and the insurer
11. Which of the following when attached to a perma- d
nent life insurance policy, allows the policy owner to
customize the policy to provide additional amount of
temporary insurance on the insured, or allows custom
amounts of temporary insurance to cover other family
members?
a) Accidental death and dismemberment rider
b) Guaranteed insurability rider
c) Change of insured rider
d) Term rider
12. Which of the following is a key distinction between a
variable whole life and variable universal life prod-
ucts?
1. What is the statue of limitation on lawsuits for health d
insurance policies?
a) 1 year
b) 2 years
c) 4 years
d) 5 years
2. When does Medicare cover nursing home care? d
a) only if the deductible has been met
b) only for those age 80 and older
c) Medicare covers all nursing home care for eligible
policyholders
d) only if it is part of treatment for a covered illness or
injury
3. At what point must and Outline of Coverage be deliv- b
ered?
a) Upon deliver of the policy only
b) At the time of application or delivery of the policy
c) At any point up to 30 days after policy delivery
d) At the time of application only
4. An individual purchase a Medicare supplement policy d
in March and decided to replace it 2 months later.
His history of coronary artery disease is considered a
pre-existing condition. Which of the following is true?
a) Coronary artery disease coverage will be perma-
nently excluded from the new policy
b) In replacement, pre-existing conditions must be
waived, so sickness relating to coronary artery disease
will be covered upon the policy's effective date
c) Because this is a new policy, the pre-existing condi-
, Florida Life and Health 2:15
tion waiting period starts over
d) The pre-existing condition waiting period fulfilled in
the old policy will be transferred to the new policy
5. What is the maximum elimination period in long term b
care policies issued in Florida?
a) 30 days
b) 90 days
c) 180 days
d) 365 days
6. The Florida Employee Health Care Access Act serves b
which of the following purposes?
a) It mandates minimal health insurance provisions to
employees of companies with 10 or fewer employees
b) It regulates group health insurance provisions pro-
vided by insurers or HMO's to small employers
c) It encourages limited group health insurance provi-
sions provided by HMO's
d) It requires employers to purchase insurance that
covers all pre-existing conditions of covered employ-
ees without limitation
7. In order for an employee to be considered eligible for c
small group insurance, the employee must work at
least how many hours per week?
a) 15
b) 20
c) 25
d) 40
8. Which of the following does not describe hospice a
care?
, Florida Life and Health 2:15
a) It provides care to people with life expectancy of 1
to 2 years
b) It provides continuous care
c) It provides care to terminally ill people
d) It provides care in a home like setting
9. All of the following must be presented on a small group a
health insurance identification card EXCEPT?
a) The insured's address
b) The name of the certificate holder
c) The member identification number
d) Contact numbers for physicians
10. Who must sign a notice regarding replacement? c
a) Applicant only
b) Agent only
c) Both the applicant and agent
d) Both the agent and the insurer
11. Which of the following when attached to a perma- d
nent life insurance policy, allows the policy owner to
customize the policy to provide additional amount of
temporary insurance on the insured, or allows custom
amounts of temporary insurance to cover other family
members?
a) Accidental death and dismemberment rider
b) Guaranteed insurability rider
c) Change of insured rider
d) Term rider
12. Which of the following is a key distinction between a
variable whole life and variable universal life prod-
ucts?
