Florida statutes, rules, and regulations Study guides, Class notes & Summaries

Florida Statutes, Rules, and Regulations Pertinent to Health Insuranc Exam Questions and Answers

Florida Statutes, Rules, and Regulations Common to All Lines Exam Questions and Answers

Florida Statutes, Rules, and Regulations Common to all lines Exam An insurer incorporated in which of the following locations would be considered a foreign insurer in Washington D.C.? A. Canada B. Washington D.C C. Maryland D. Mexico - answerC. Maryland is CORRECT! A foreign insurer is an insurance company that is incrported in another state or territorial possession. Mexico and Canada are foreign countries, so their insurers will be conisered alien. An insurer that is incorported and ...

FL Statutes, Rules, & Regulations (Sect. 2, Pt. 1&2)(in progress) Exam With Complete Solutions Chief Financial Officer (a.k.a. the Treasurer) - answer- responsible for administering the laws - heads the DFS Primary Responsibilities of the Department of Financial Services - answer- issuing licenses (Agents, CSRs, Adjusters) - supervising claims activities of companies - investigate charges of unethical conduct Divisions of DFS - answer- unclaimed property - insurance agent & agency ser...

Florida Statutes, Rules, and Regulations Pertinent to Health Insurance Exam With Complete Solutions 2: Shortly after a replacement transaction on a Medicare supplement policy, the insured decided to cancel the policy, but is unsure whether the free-look provision applies. The insured could find that information in the A Policy application. B Buyer's Guide. C Certificate of Coverage. D Notice Regarding Replacement. - answerD 3: Which of the following is true regarding Medicare suppleme...

Florida Statutes, Rules, and Regulations Pertinent To Health Insurance Exam With Complete Solutions Grandfathered health plan - answeris any group health plan to which a plans participant's right to maintain existing coverage when the insured changes plans, and to have creditable coverage count toward HIPAA eligibility relating to pre-existing conditions exclusions. Nongrandfathered health plans - answerare health insurance policies or HMO contracts that do not provide the credible cover...

Chapter 11: Florida Statutes, Rules, and Regulations Pertinent to Life Insurance Exam Which of the following dates must be contained in a policy summary - answerThe date the summary was prepared When replacing life insurance, the duties of the replacing insurance company include all of the following EXCEPT - answerMaintaining a copy of the Notice Regarding Replacement and all sales proposals used for at least 5 years Who does the secondary addressee provision protect - answerThe insured ...

FL statutes, Rules and Regulations Exam With Complete Solutions What are the 2 offices of the Financial Services Commission - answerThe Office of Financial Regulation and the Office of Insurance Regulation If an insurance company makes a statement that it's policies are guaranteed by the existence of the insurance Guaranty Association, that would be considered - answerAn unfair trade practice An insurance agent X has been found guilty of a felony and was sentence to 3 years in prison. W...

FL Statutes, Rules & Regulations Pertinent To Health Insurance Q&A 100% Verified An insured under a group health plan has a dependent child who has an intellectual disability. When the child was enrolled in the insured's policy, the insurer offered coverage at a much higher rate than for other dependents. Which of the following is true? - answerThis is considered an illegal discrimination. In order for an employee to be considered eligible for small group insurance, he/she must work at l...

FL Statutes, Rules, and regulations to HealthInsurance-Chapter 12-Quiz With Complete Solutions Question 1 of 15 Under a Florida Health insurance policy, medical coverage of a newborn begins AAt birth. B7 days after birth. C21 days after birth. D30 days after birth. - answerA. At birth. Correct! Coverage for a newborn begins at birth in the state of Florida. Question 2 of 15 Most HMOs operate through what type of system? AA group formed principally for the purpose of obtaining HMO cov...