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? -
Answer-Time Limit on Certain Defenses
/.Which of the following individual health insurance policies will provide the broadest
protection? - Answer-Major Medical
/.Which of the following situations does NOT apply to the Florida Replacement Rule? -
Answer-An 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? - Answer-Return 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? - Answer-All 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? - Answer-Garunteed Renewable
/.An incomplete life insurance application submitted to an insurer will result in which of
these actions? - Answer-Application will be returned to the writting agent
/.The waiting period for a pre-existing condition under a Medicare Supplement policy
may NOT go beyond - Answer-6 Months
/.Which of these statements is INCORRECT regarding the federal income tax treatment
of life insurance? - Answer-Entire cash surrender value is taxable
/.Which of these is considered a mandatory provision? - Answer-Payment 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? - Answer-Issue 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? - Answer-Usual, 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? - Answer-The full face amount
/.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: - Answer-$1,250
No benefits are available during the elimination period.
/.Who does an agent represent during the solicitation or insurance? - Answer-The
insurance company
/.Which of the following costs would a Basic Hospital/Surgical policy likely cover? -
Answer-Sugically removing a facial birthmark
/.The federal income tax treatment of employer-provided group Medical Expense
insurance can be accurately described as: - Answer-Employee'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? - Answer-proof of loss
/.Association Plans that are designed to provide health benefits to their members are
regulated by the state because - Answer-They are insured by and authorized insurer
/.Which of the following statements is CORRECT about the period in which a Term
Policy can be converted? - Answer-It varies according to contracts
/.When does a life insurance contract become effective if the initial premium is not
collected during the application process? - Answer-When 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: - Answer-Policy Loan Provision
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? -
Answer-Time Limit on Certain Defenses
/.Which of the following individual health insurance policies will provide the broadest
protection? - Answer-Major Medical
/.Which of the following situations does NOT apply to the Florida Replacement Rule? -
Answer-An 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? - Answer-Return 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? - Answer-All 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? - Answer-Garunteed Renewable
/.An incomplete life insurance application submitted to an insurer will result in which of
these actions? - Answer-Application will be returned to the writting agent
/.The waiting period for a pre-existing condition under a Medicare Supplement policy
may NOT go beyond - Answer-6 Months
/.Which of these statements is INCORRECT regarding the federal income tax treatment
of life insurance? - Answer-Entire cash surrender value is taxable
/.Which of these is considered a mandatory provision? - Answer-Payment 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? - Answer-Issue 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? - Answer-Usual, 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? - Answer-The full face amount
/.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: - Answer-$1,250
No benefits are available during the elimination period.
/.Who does an agent represent during the solicitation or insurance? - Answer-The
insurance company
/.Which of the following costs would a Basic Hospital/Surgical policy likely cover? -
Answer-Sugically removing a facial birthmark
/.The federal income tax treatment of employer-provided group Medical Expense
insurance can be accurately described as: - Answer-Employee'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? - Answer-proof of loss
/.Association Plans that are designed to provide health benefits to their members are
regulated by the state because - Answer-They are insured by and authorized insurer
/.Which of the following statements is CORRECT about the period in which a Term
Policy can be converted? - Answer-It varies according to contracts
/.When does a life insurance contract become effective if the initial premium is not
collected during the application process? - Answer-When 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: - Answer-Policy Loan Provision
