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Florida Laws and Rules Pertinent to Insurance CH. 8 Exam Questions and Answers 100% Pass |Verified and Updated

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Florida Laws and Rules Pertinent to Insurance CH. 8 Exam Questions and Answers 100% Pass |Verified and Updated

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Florida Laws and Rules Pertinent to Insurance CH. 8
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

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