HealtH Insurance FlorIda 2-40
PractIce exam QuestIons and
ansWers
Most Updated Questions With 100% Correct Answers
THIS EXAM CONTAINS:
✓ QUESTIONS AND ANSWERS
✓ VERIFIED ANSWERS
✓ GUARANTEED PASSING SCORE
, QUESTIONS AND ANSWERS
Which of the following laws requires an insurer to notify an applicant in writing that an
investigative consumer report may be made on the applicant?
-Uniform Provisions Law.
-Freedom of Information Act.
-Medical Information Bureau Disclosure Act
-Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) (
CORRECT ANSWER ) - Fair Credit Reporting Act (Insurance Information and Privacy
Protection Act)
Group health insurance specifies that what percentage of eligible individuals MUST be
offered coverage under a noncontributory plan?
-25
-50
-75
-100 ( CORRECT ANSWER ) - 100
Under an Accidental Death and Dismemberment (AD&D) policy, insurable interest must
exist at which of the following times?
-When a change of beneficiary is requested
-At the inception of the policy
-When a beneficiary other than a relative is named
-At the time a claim is submitted ( CORRECT ANSWER ) - At the inception of the policy
When periodic claim payments are required under a long-term disability income policy, an
insurer MUST make payments to an insured at least once every:
-month
-three months
-six months
-year ( CORRECT ANSWER ) - month
M and N own a small interior design studio that employs six people. The owners are
concerned about the financial continuation of the business if either of them should become
PractIce exam QuestIons and
ansWers
Most Updated Questions With 100% Correct Answers
THIS EXAM CONTAINS:
✓ QUESTIONS AND ANSWERS
✓ VERIFIED ANSWERS
✓ GUARANTEED PASSING SCORE
, QUESTIONS AND ANSWERS
Which of the following laws requires an insurer to notify an applicant in writing that an
investigative consumer report may be made on the applicant?
-Uniform Provisions Law.
-Freedom of Information Act.
-Medical Information Bureau Disclosure Act
-Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) (
CORRECT ANSWER ) - Fair Credit Reporting Act (Insurance Information and Privacy
Protection Act)
Group health insurance specifies that what percentage of eligible individuals MUST be
offered coverage under a noncontributory plan?
-25
-50
-75
-100 ( CORRECT ANSWER ) - 100
Under an Accidental Death and Dismemberment (AD&D) policy, insurable interest must
exist at which of the following times?
-When a change of beneficiary is requested
-At the inception of the policy
-When a beneficiary other than a relative is named
-At the time a claim is submitted ( CORRECT ANSWER ) - At the inception of the policy
When periodic claim payments are required under a long-term disability income policy, an
insurer MUST make payments to an insured at least once every:
-month
-three months
-six months
-year ( CORRECT ANSWER ) - month
M and N own a small interior design studio that employs six people. The owners are
concerned about the financial continuation of the business if either of them should become
