Florida Laws and Rules Pertinent to Insurance CH. 8
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1. Which of the following is NOT required in the Outline of Coverage for a health
insurance policy?
Explanation of the policy's benefits
Listing of the policy's exclusions and limitations
Projection of the policy's future costs
Explanation of the policy's renewal and cancellation provisions: Projection of the
policy's future costs
2. A person insured under a health policy is required to give the insurance
company a Notice of Claim within how many days after a covered loss?
Five
Ten
, Florida Laws and Rules Pertinent to Insurance CH. 8
Study online at https://quizlet.com/_hsy911
Twenty
Thirty: Twenty
3. What do Dread Disease policies cover?
A specific disease or illness
All diseases or illnesses
Only terminal illnesses
Only heart-related diseases: A specific disease or illness
4. What type of insurance company is domiciled in England, but conducts busi-
ness in Florida?
, Florida Laws and Rules Pertinent to Insurance CH. 8
Study online at https://quizlet.com/_hsy911
Foreign
Domestic
Alien
Transatlantic: Alien
5. A Multiple Employer Welfare Arrangement (MEWA) provides what type of
benefits?
Unemployment
Banking
Retirement
Insurance: Insurance
, Florida Laws and Rules Pertinent to Insurance CH. 8
Study online at https://quizlet.com/_hsy911
6. Which of these is NOT a legal entity for selling life insurance in Florida?
Independent agency system
Risk management advisers
Career agency system
Personal producing general agency: Risk management advisers
7. According to Florida law, group life insurance conversion privileges must
NOT
allow the converted policy to exceed 75% of the original group life amount
allow a time period to convert group life coverage to an individual life policy
Study online at https://quizlet.com/_hsy911
1. Which of the following is NOT required in the Outline of Coverage for a health
insurance policy?
Explanation of the policy's benefits
Listing of the policy's exclusions and limitations
Projection of the policy's future costs
Explanation of the policy's renewal and cancellation provisions: Projection of the
policy's future costs
2. A person insured under a health policy is required to give the insurance
company a Notice of Claim within how many days after a covered loss?
Five
Ten
, Florida Laws and Rules Pertinent to Insurance CH. 8
Study online at https://quizlet.com/_hsy911
Twenty
Thirty: Twenty
3. What do Dread Disease policies cover?
A specific disease or illness
All diseases or illnesses
Only terminal illnesses
Only heart-related diseases: A specific disease or illness
4. What type of insurance company is domiciled in England, but conducts busi-
ness in Florida?
, Florida Laws and Rules Pertinent to Insurance CH. 8
Study online at https://quizlet.com/_hsy911
Foreign
Domestic
Alien
Transatlantic: Alien
5. A Multiple Employer Welfare Arrangement (MEWA) provides what type of
benefits?
Unemployment
Banking
Retirement
Insurance: Insurance
, Florida Laws and Rules Pertinent to Insurance CH. 8
Study online at https://quizlet.com/_hsy911
6. Which of these is NOT a legal entity for selling life insurance in Florida?
Independent agency system
Risk management advisers
Career agency system
Personal producing general agency: Risk management advisers
7. According to Florida law, group life insurance conversion privileges must
NOT
allow the converted policy to exceed 75% of the original group life amount
allow a time period to convert group life coverage to an individual life policy