Florida Life & Health Pre-Licensing
Certification Exam (2025/2026 Latest Exam
Prep) | Complete Study Guide & Verified Q&A
What percentage of eligible persons must be a policy cover in a noncontributory group?
- correct answer100%
In Florida, a health policy that is paid on a quarterly basis requires a grace period of -
correct answer31 days
T is an employee covered under a Group Life policy. If T's employment is terminated,
the conversion privilege gives T the right to convert - correct answerto an individual
policy upon employment termination
The minimum age at which a person can sign a life insurance application is - correct
answer15 years
What would be an accurate definition of "controlled business"? - correct
answerInsurance business that is written on the agents own life, property, or interests
Under a life insurance policy the ___ has the authority to name the beneficiary? -
correct answerowner
In Florida, the underwriting and issuance of a master group health policy requires that
all employees - correct answerare eligible to participate, regardless of their individual
health history
Under Florida law, a variable annuity policyowner must be notified of the accumulated
value of the contract - correct answeronce each year
In Florida, which of the following practitioners normally do NOT receive payment from
health insurance policies? - correct answerNaturopaths
What are adjustable rates for life policy loans in Florida based on? - correct
answerMoody's corporate bond index
What is Florida's definition of Life insurance replacement? - correct answerA transaction
in which a new policy is bought and an old policy is terminated
, S takes out a health insurance policy which contains a provision that states that the
agent does not have the authority to change the policy or waive any of its provisions.
Which health policy provision is this? - correct answerEntire Contract
An example of sliding would be - correct answercharging for an additional product
without the applicant's consent
As a condition for a loan, a bank requires the borrower to purchase credit insurance
from a specific company. What is the bank guilty of? - correct answercoercion
Under Florida law, which of the following provisions is NOT required in a Medicare
Supplement policy? - correct answerLimitation on pre-existing conditions for up to 12
months
Convincing a prospective insured to buy an insurance policy based on exaggerations is
called - correct answerMisrepresentation
Which of the following is not a consequence for placing business with an unauthorized
insurer? - correct answerFirst degree misdemeanor
What do families pay that are covered by the Florida Healthy Kids Corporation? -
correct answerA portion of the premium
During the course of an insurance transaction, if an agent makes a false or incomplete
statement, he/she could be found guilty of - correct answerMisrepresentation
Which of the following must be included in a Medicare supplement policy's outline of
coverage? - correct answerThe policy's limitations and exceptions
Which of the following provisions is not required in HMO contracts/certificates? - correct
answerSeven-day grace period
A life insurance policy owner may sell their policy to a(n) ____ in order to receive a
percentage of the policy's face value - correct answerViatical settlement provider
If a policyowner does not pay the premium by the due date, the - correct
answerpolicyowner can make the premium payment during the grace period
A life insurance policyowner would like to file a complaint against a life insurance agent.
In Florida, the entity that oversees these complaints is called the - correct
answerDepartment of Financial Services
In Florida, an insurer domiciled and incorporated in this state is called a(n) - correct
answerdomestic company
Certification Exam (2025/2026 Latest Exam
Prep) | Complete Study Guide & Verified Q&A
What percentage of eligible persons must be a policy cover in a noncontributory group?
- correct answer100%
In Florida, a health policy that is paid on a quarterly basis requires a grace period of -
correct answer31 days
T is an employee covered under a Group Life policy. If T's employment is terminated,
the conversion privilege gives T the right to convert - correct answerto an individual
policy upon employment termination
The minimum age at which a person can sign a life insurance application is - correct
answer15 years
What would be an accurate definition of "controlled business"? - correct
answerInsurance business that is written on the agents own life, property, or interests
Under a life insurance policy the ___ has the authority to name the beneficiary? -
correct answerowner
In Florida, the underwriting and issuance of a master group health policy requires that
all employees - correct answerare eligible to participate, regardless of their individual
health history
Under Florida law, a variable annuity policyowner must be notified of the accumulated
value of the contract - correct answeronce each year
In Florida, which of the following practitioners normally do NOT receive payment from
health insurance policies? - correct answerNaturopaths
What are adjustable rates for life policy loans in Florida based on? - correct
answerMoody's corporate bond index
What is Florida's definition of Life insurance replacement? - correct answerA transaction
in which a new policy is bought and an old policy is terminated
, S takes out a health insurance policy which contains a provision that states that the
agent does not have the authority to change the policy or waive any of its provisions.
Which health policy provision is this? - correct answerEntire Contract
An example of sliding would be - correct answercharging for an additional product
without the applicant's consent
As a condition for a loan, a bank requires the borrower to purchase credit insurance
from a specific company. What is the bank guilty of? - correct answercoercion
Under Florida law, which of the following provisions is NOT required in a Medicare
Supplement policy? - correct answerLimitation on pre-existing conditions for up to 12
months
Convincing a prospective insured to buy an insurance policy based on exaggerations is
called - correct answerMisrepresentation
Which of the following is not a consequence for placing business with an unauthorized
insurer? - correct answerFirst degree misdemeanor
What do families pay that are covered by the Florida Healthy Kids Corporation? -
correct answerA portion of the premium
During the course of an insurance transaction, if an agent makes a false or incomplete
statement, he/she could be found guilty of - correct answerMisrepresentation
Which of the following must be included in a Medicare supplement policy's outline of
coverage? - correct answerThe policy's limitations and exceptions
Which of the following provisions is not required in HMO contracts/certificates? - correct
answerSeven-day grace period
A life insurance policy owner may sell their policy to a(n) ____ in order to receive a
percentage of the policy's face value - correct answerViatical settlement provider
If a policyowner does not pay the premium by the due date, the - correct
answerpolicyowner can make the premium payment during the grace period
A life insurance policyowner would like to file a complaint against a life insurance agent.
In Florida, the entity that oversees these complaints is called the - correct
answerDepartment of Financial Services
In Florida, an insurer domiciled and incorporated in this state is called a(n) - correct
answerdomestic company
