FLORIDA HEALTH AND LIFE INSURANCE
EXAM 2025 AND PRACTICE EXAM TEST
BANK | 450 ACCURATE REAL EXAM
QUESTIONS WITH VERIFIED ANSWERS |
ACCURATE FOR GUARANTEED PASS |
GRADED A | LATEST UPDATE
Which of the following is considered to be the time period after a Health Policy is issued, during which no
benefits are provided for illness?
Probationary Period
Trial Period
Subrogation Period
Incontestable Period
Probationary Period
According to the 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?
31 days
60 days
10 days
7 days
31 days
N is a 40-year old applicant who would like to retire at age 70. He is looking to buy a life insurance policy
with level premiums, permanent protection, and be paid-up at retirement. Which of these should N
purchase?
Universal Life
Term to Age 70
Adjustable Life
30 Pay Life
30 Pay Life
A producer needs to complete ___ of continuing education every __ years.
25;2
24;3
,24;2
25;2
24;2
A producer MUST leave a buyer's guide with an applicant for which type of policy?
Credit Life insurance
Annuity
Group Life insurance
Universal Life insurance
Universal Life insurance
All of these are powers of the Commissioner EXCEPT
Incarcerate a producer
Hold hearings
Enforce insurance laws
Issue subpoenas
Incarcerate a producer
B is an insurance producer who occasionally engages in financial planning. If B sells an insurance policy
during the course of a financial planning seminar, B must disclose to the client
the examination score received on B's licensing exam
how old B was when producer license was obtained
that a commission will be earned in addition to any fee charged for financial planning
which states B is also licensed in
that a commission will be earned in addition to any fee charged for financial planning
How long is a temporary license valid?
180 days
45 days
120 days
90 days
180 days
How often must the Commissioner examine each domestic company?
Every four years
Every 2 years
Every three years
Every five years
Every five years
In Florida, the definition of "individual" may include which of the following?
The individual's children
, The individual's business associates
The individual's financial accounts
The individual's legal representative
The individual's legal representative
In Florida, the MAXIMUM fine that the Commissioner can impose on a producer is _ per violation.
$500
$1,000
$2,000
$1,500
$1,000
Insurance contracts may be sold, solicited, or negotiated by an insurance producer ONLY upon
filing an application for licensure
becoming an appointed producer of an insurer
passing the licensure examination
issuance of license
becoming an appointed producer of an insurer
J applies for an insurance policy. What BEST describes the particular terms of this policy?
Provisional Page
Buyer's Guide
Policy Summary
AM Best Statement
Policy Summary
The Commissioner notifies the association of an insolvent insurer no later than __ days after receiving
notice of the insurer's insolvency.
30
3
5
10
3
The Commissioner would like to hold a hearing against a producer. Before the hearing is held, a notice
must be sent to the insurer's home office
must be sent by registered or certified mail to the producer's address on file
is not required
must be delivered in person
must be sent by registered or certified mail to the producer's address on file
EXAM 2025 AND PRACTICE EXAM TEST
BANK | 450 ACCURATE REAL EXAM
QUESTIONS WITH VERIFIED ANSWERS |
ACCURATE FOR GUARANTEED PASS |
GRADED A | LATEST UPDATE
Which of the following is considered to be the time period after a Health Policy is issued, during which no
benefits are provided for illness?
Probationary Period
Trial Period
Subrogation Period
Incontestable Period
Probationary Period
According to the 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?
31 days
60 days
10 days
7 days
31 days
N is a 40-year old applicant who would like to retire at age 70. He is looking to buy a life insurance policy
with level premiums, permanent protection, and be paid-up at retirement. Which of these should N
purchase?
Universal Life
Term to Age 70
Adjustable Life
30 Pay Life
30 Pay Life
A producer needs to complete ___ of continuing education every __ years.
25;2
24;3
,24;2
25;2
24;2
A producer MUST leave a buyer's guide with an applicant for which type of policy?
Credit Life insurance
Annuity
Group Life insurance
Universal Life insurance
Universal Life insurance
All of these are powers of the Commissioner EXCEPT
Incarcerate a producer
Hold hearings
Enforce insurance laws
Issue subpoenas
Incarcerate a producer
B is an insurance producer who occasionally engages in financial planning. If B sells an insurance policy
during the course of a financial planning seminar, B must disclose to the client
the examination score received on B's licensing exam
how old B was when producer license was obtained
that a commission will be earned in addition to any fee charged for financial planning
which states B is also licensed in
that a commission will be earned in addition to any fee charged for financial planning
How long is a temporary license valid?
180 days
45 days
120 days
90 days
180 days
How often must the Commissioner examine each domestic company?
Every four years
Every 2 years
Every three years
Every five years
Every five years
In Florida, the definition of "individual" may include which of the following?
The individual's children
, The individual's business associates
The individual's financial accounts
The individual's legal representative
The individual's legal representative
In Florida, the MAXIMUM fine that the Commissioner can impose on a producer is _ per violation.
$500
$1,000
$2,000
$1,500
$1,000
Insurance contracts may be sold, solicited, or negotiated by an insurance producer ONLY upon
filing an application for licensure
becoming an appointed producer of an insurer
passing the licensure examination
issuance of license
becoming an appointed producer of an insurer
J applies for an insurance policy. What BEST describes the particular terms of this policy?
Provisional Page
Buyer's Guide
Policy Summary
AM Best Statement
Policy Summary
The Commissioner notifies the association of an insolvent insurer no later than __ days after receiving
notice of the insurer's insolvency.
30
3
5
10
3
The Commissioner would like to hold a hearing against a producer. Before the hearing is held, a notice
must be sent to the insurer's home office
must be sent by registered or certified mail to the producer's address on file
is not required
must be delivered in person
must be sent by registered or certified mail to the producer's address on file
