Florida Health and Life Insurance Exam QUESTIONS
WITH ACCURATE VERIFIED ANSWERS (ACCURATE
SOLUTIONS) A+ PASSED!! 2025 EXAM
According to Mandatory Uniform Policy Provisions, what is the maximum amount
of time after the premium due date during which the policy remains in force even
though the premium has not been paid? - (ANSWER)31 days
G purchased a Family Income policy at age 40. The policy has a 20-year rider
period. If G were to die at age 50, how long would G's family receive an income? -
(ANSWER)10 years
E and F are business partners. Each takes out a $500,000 life insurance policy on
the other, naming himself as primary beneficiary. E and F eventually terminate
their business, and four months later E dies. Although E was married with three
children at the time of death, the primary beneficiary is still F. However, an
insurable interest no longer exists. Where will the proceeds from E's life insurance
policy be directed to? - (ANSWER)F
The Health Insurance Portability and Accountability Act (HIPAA) gives privacy
protection for: - (ANSWER)health information
What do Dread Disease policies cover? - (ANSWER)A specific disease or illness
When an insurance application is taken by a producer, which of these statements
is true? - (ANSWER)Any changes made on the application require the applicant's
initials
,A student pilot can pay regular premium costs for her life insurance policy with
the addition of which of the following? - (ANSWER)Aviation exclusion
What is the consideration given by an insurer in the Consideration clause of a life
policy? - (ANSWER)Promise to pay a death benefit to a named beneficiary
Which of the following reimburses its insureds for covered medical expenses? -
(ANSWER)Commercial insurers
Under Florida law, which of the following provisions is NOT required in a
Medicare Supplement policy? - (ANSWER)Limitation on pre-existing conditions
for up to 12 months
Which organization was established to provide funds to protect an insured in the
event of an insurer's insolvency? - (ANSWER)Florida Life and Health Insurance
Guaranty Association
Major Medical policies typically: - (ANSWER)contain a deductible and coinsurance
The Life and Health Insurance Guaranty Association is - (ANSWER)funded by
admitted insurance companies through assessments
P and Q are married and have three children. P is the primary beneficiary on Q's
Accidental Death and Dismemberment (AD&D) policy and Q's sister R is the
, contingent beneficiary. P, Q, and R are involved in a car accident and Q and R are
killed instantly. The Accidental Death benefits will be paid to: - (ANSWER)P only
Which of the following is considered an accurate statement of an unfair trade
practice? - (ANSWER)Twisting involves an agent using misrepresentation to
convince a policyowner to cancel their current policy so that they can purchase a
new life insurance policy with another company
Which of the following is an example of an Unfair Trade Practice? -
(ANSWER)Coercison
The Legal Actions provision of an insurance contract is designed to do all of the
following, EXCEPT: - (ANSWER)protect the producer
Which of these actions should a producer take when submitting an insurance
application to an insurer? - (ANSWER)Inform insurer of relevant information not
included on the application
A Health Reimbursement Arrangement MUST be established: - (ANSWER)by the
employer
If an individual has an Accidental Death and Dismemberment policy and dies, and
autopsy can be performed in all these situations, EXCEPT: - (ANSWER)When the
state prohibits this by law
WITH ACCURATE VERIFIED ANSWERS (ACCURATE
SOLUTIONS) A+ PASSED!! 2025 EXAM
According to Mandatory Uniform Policy Provisions, what is the maximum amount
of time after the premium due date during which the policy remains in force even
though the premium has not been paid? - (ANSWER)31 days
G purchased a Family Income policy at age 40. The policy has a 20-year rider
period. If G were to die at age 50, how long would G's family receive an income? -
(ANSWER)10 years
E and F are business partners. Each takes out a $500,000 life insurance policy on
the other, naming himself as primary beneficiary. E and F eventually terminate
their business, and four months later E dies. Although E was married with three
children at the time of death, the primary beneficiary is still F. However, an
insurable interest no longer exists. Where will the proceeds from E's life insurance
policy be directed to? - (ANSWER)F
The Health Insurance Portability and Accountability Act (HIPAA) gives privacy
protection for: - (ANSWER)health information
What do Dread Disease policies cover? - (ANSWER)A specific disease or illness
When an insurance application is taken by a producer, which of these statements
is true? - (ANSWER)Any changes made on the application require the applicant's
initials
,A student pilot can pay regular premium costs for her life insurance policy with
the addition of which of the following? - (ANSWER)Aviation exclusion
What is the consideration given by an insurer in the Consideration clause of a life
policy? - (ANSWER)Promise to pay a death benefit to a named beneficiary
Which of the following reimburses its insureds for covered medical expenses? -
(ANSWER)Commercial insurers
Under Florida law, which of the following provisions is NOT required in a
Medicare Supplement policy? - (ANSWER)Limitation on pre-existing conditions
for up to 12 months
Which organization was established to provide funds to protect an insured in the
event of an insurer's insolvency? - (ANSWER)Florida Life and Health Insurance
Guaranty Association
Major Medical policies typically: - (ANSWER)contain a deductible and coinsurance
The Life and Health Insurance Guaranty Association is - (ANSWER)funded by
admitted insurance companies through assessments
P and Q are married and have three children. P is the primary beneficiary on Q's
Accidental Death and Dismemberment (AD&D) policy and Q's sister R is the
, contingent beneficiary. P, Q, and R are involved in a car accident and Q and R are
killed instantly. The Accidental Death benefits will be paid to: - (ANSWER)P only
Which of the following is considered an accurate statement of an unfair trade
practice? - (ANSWER)Twisting involves an agent using misrepresentation to
convince a policyowner to cancel their current policy so that they can purchase a
new life insurance policy with another company
Which of the following is an example of an Unfair Trade Practice? -
(ANSWER)Coercison
The Legal Actions provision of an insurance contract is designed to do all of the
following, EXCEPT: - (ANSWER)protect the producer
Which of these actions should a producer take when submitting an insurance
application to an insurer? - (ANSWER)Inform insurer of relevant information not
included on the application
A Health Reimbursement Arrangement MUST be established: - (ANSWER)by the
employer
If an individual has an Accidental Death and Dismemberment policy and dies, and
autopsy can be performed in all these situations, EXCEPT: - (ANSWER)When the
state prohibits this by law
