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FLORIDA 240 LICENSE EXAM 2025 BRAND
NEW ACTUAL EXAM WITH ANSWERS.
1. 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
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
2. Who is NOT required to sign a health insurance application? -
correct answer -beneficiary
3. Why is an applicant's signature required on a health insurance
application? - correct answer -To attest that he statements on
the application are accurate to the best of the applicant's
knowledge.
4. Which mode of payment is NOT used by health insurance
policies? - correct answer -Single Premium
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5. Which type of plan normally includes hospice benefits? -
correct answer -managed care plans
6. What do families pay that are covered by the Florida Healthy
Kids Corporation? - correct answer -A portion of the premium
7. The insurer must provide a prospective buyer with a(n) - correct
answer -Buyer's Guide and Policy Summary
8. Which of the following areas of state regulation is NOT
protected by the savings clause in ERISA? - correct answer -
commerce
9. According to Florida Law, in which of the following situations
would a dependent handicapped child NOT be covered under a
Family Health policy? - correct answer -The premiums for the
handicapped child are not paid
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10. In Florida, an insurer licensed to conduct business in Florida,
but domiciled in New Jersey, is called a(n) - correct answer -
foreign company
11. In Florida, which of the following practitioners normally do
NOT receive payment from health insurance policies?
12. *Optometrists
13. *Pediatricians
14. *Dentists
15. *Naturopaths - correct answer -*Naturopaths
16. (Health insurance policies in Florida must cover payment to
all of these practitioners EXCEPT naturopaths.)
17. Under an Individual Disability policy in Florida, what is the
minimum schedule of time in which claims must be made to an
insured? - correct answer -monthly
18. During the course of an insurance transaction, if an agent
makes a false or incomplete statement, he/she could be found
guilty of: - correct answer -Misrepresentation
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19. The Financial Services Commission May hold hearings -
correct answer -for any reason deemed necessary
20. In Florida, which of the following is considered an Unfair
Trade Practice? - correct answer -Coercion
21. Coercion is considered an unfair trade practice under Florida
law.
22. Nonprofit life insurance providers that are covered by a
special section in the Florida insurance code are called -
correct answer -Fraternal life insurance organizations
23. A group plan was recently terminated. In Florida, how many
days are covered individuals guaranteed coverage after a
group plan's termination? - correct answer -31 days
24. The Florida Employee Health Care Access Act was
established to make - correct answer -group health insurance
available to employers with up to 50 employees
FLORIDA 240 LICENSE EXAM 2025 BRAND
NEW ACTUAL EXAM WITH ANSWERS.
1. 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
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
2. Who is NOT required to sign a health insurance application? -
correct answer -beneficiary
3. Why is an applicant's signature required on a health insurance
application? - correct answer -To attest that he statements on
the application are accurate to the best of the applicant's
knowledge.
4. Which mode of payment is NOT used by health insurance
policies? - correct answer -Single Premium
, Page | 2
5. Which type of plan normally includes hospice benefits? -
correct answer -managed care plans
6. What do families pay that are covered by the Florida Healthy
Kids Corporation? - correct answer -A portion of the premium
7. The insurer must provide a prospective buyer with a(n) - correct
answer -Buyer's Guide and Policy Summary
8. Which of the following areas of state regulation is NOT
protected by the savings clause in ERISA? - correct answer -
commerce
9. According to Florida Law, in which of the following situations
would a dependent handicapped child NOT be covered under a
Family Health policy? - correct answer -The premiums for the
handicapped child are not paid
, Page | 3
10. In Florida, an insurer licensed to conduct business in Florida,
but domiciled in New Jersey, is called a(n) - correct answer -
foreign company
11. In Florida, which of the following practitioners normally do
NOT receive payment from health insurance policies?
12. *Optometrists
13. *Pediatricians
14. *Dentists
15. *Naturopaths - correct answer -*Naturopaths
16. (Health insurance policies in Florida must cover payment to
all of these practitioners EXCEPT naturopaths.)
17. Under an Individual Disability policy in Florida, what is the
minimum schedule of time in which claims must be made to an
insured? - correct answer -monthly
18. During the course of an insurance transaction, if an agent
makes a false or incomplete statement, he/she could be found
guilty of: - correct answer -Misrepresentation
, Page | 4
19. The Financial Services Commission May hold hearings -
correct answer -for any reason deemed necessary
20. In Florida, which of the following is considered an Unfair
Trade Practice? - correct answer -Coercion
21. Coercion is considered an unfair trade practice under Florida
law.
22. Nonprofit life insurance providers that are covered by a
special section in the Florida insurance code are called -
correct answer -Fraternal life insurance organizations
23. A group plan was recently terminated. In Florida, how many
days are covered individuals guaranteed coverage after a
group plan's termination? - correct answer -31 days
24. The Florida Employee Health Care Access Act was
established to make - correct answer -group health insurance
available to employers with up to 50 employees
