XCEL 2-15 FLORIDA LIFE & HEALTH STATE
EXAM SIMULATOR | PRACTICE
QUESTIONS, CORRECT ANSWERS AND
COMPREHENSIVE EXAM PREP
| GRADED A+ | GUARANTEED SUCCESS
Updated 2026 Questions and Answers
100% Verified Exam Prep
,B recently died and was insured with a life insurance policy for pay the amount that the premium would have purchased at the correct age
over five years. During the claims process, the insurer
3 multiple choice options
discovered that B had understated his age by 5 years at the
time of application. In this situation, the insurer will
what action can a policyowner take if an application for a bank assign policy ownership to the bank
loan requires collateral
3 multiple choice options
what is required in the Florida Employee Health Care Access small group benefit plans are to be issued on a guarantee issue basis
Act
3 multiple choice options
P is a forty year old woman and would like to purchase an an immediate annuity
annuity that will provide a lifetime income stream beginning at 3 multiple choice options
age sixty. Which of the following did she NOT buy?
the situation in which a group of physicians are salaried closed panel
employees and conduct business in an hmo facility is called
3 multiple choice options
T sends proof of loss to her insurer for an acceptable medical immediately
expense claim under her individual Health Insurance policy. 3 multiple choice options
Upon receipt, the insurer must pay the benefits
an application for medicare supplement coverage may not be six
denied by the insurer if the application was submitted within
3 multiple choice options
______ month(s) after the applicant reaches the age 65
when a policyowner cash surrenders a universal life insurance anti money laundering violation
policy in its early years, this may be considered a red flag for
3 multiple choice options
a(n)
When is a Group Health policy required to provide coverage at the moment of birth
for a newborn child?
3 multiple choice options
which of the following situations does not apply to the florida an existing policyholder purchases an additional policy from the same insurer
replacement rule
3 multiple choice options
, under a renewable term policy the renewal premium is calculated on the basis of the insured's attained age
3 multiple choice options
D owns a Whole Life policy that was purchased 10 years ago. If extended term
the premium payments suddenly stop and D takes no 3 multiple choice options
additional action, which Nonforfeiture Option will the insurer
likely proceed with?
In Florida, which employee is eligible for an employer's group employee who works more than 40 hours per week
term life plan?
3 multiple choice options
which of the following statements is correct regarding an the employer receives a master policy and the employees receive certificates
employer/employee group health plan 3 multiple choice options
all of the following statements regarding a tax sheltered income derived from the tsa is received income tax free
annuity (tsa) are true except
3 multiple choice options
How would a contingent beneficiary receive the policy if the primary beneficiary dies before the insured
proceeds in an Accidental Death and Dismemberment (AD&D)
3 multiple choice options
policy?
A student pilot can pay regular premium costs for her life aviation exclusion
insurance policy with the addition of which of the following? 3 multiple choice options
which of these statements is incorrect regarding a preferred ppos are not a type of managed care systems
provider organization (ppo)?
3 multiple choice options
which of the following is considered an accurate statement of twisting involves an agent using misrepresentation to convince a policyowner to cancel
an unfair trade practice? their current policy so that they can purchase a new life insurance policy with another
company
3 multiple choice options
what is floridas definition of life insurance replacement a transaction in which a new policy is bought and an old policy is terminated
3 multiple choice options
EXAM SIMULATOR | PRACTICE
QUESTIONS, CORRECT ANSWERS AND
COMPREHENSIVE EXAM PREP
| GRADED A+ | GUARANTEED SUCCESS
Updated 2026 Questions and Answers
100% Verified Exam Prep
,B recently died and was insured with a life insurance policy for pay the amount that the premium would have purchased at the correct age
over five years. During the claims process, the insurer
3 multiple choice options
discovered that B had understated his age by 5 years at the
time of application. In this situation, the insurer will
what action can a policyowner take if an application for a bank assign policy ownership to the bank
loan requires collateral
3 multiple choice options
what is required in the Florida Employee Health Care Access small group benefit plans are to be issued on a guarantee issue basis
Act
3 multiple choice options
P is a forty year old woman and would like to purchase an an immediate annuity
annuity that will provide a lifetime income stream beginning at 3 multiple choice options
age sixty. Which of the following did she NOT buy?
the situation in which a group of physicians are salaried closed panel
employees and conduct business in an hmo facility is called
3 multiple choice options
T sends proof of loss to her insurer for an acceptable medical immediately
expense claim under her individual Health Insurance policy. 3 multiple choice options
Upon receipt, the insurer must pay the benefits
an application for medicare supplement coverage may not be six
denied by the insurer if the application was submitted within
3 multiple choice options
______ month(s) after the applicant reaches the age 65
when a policyowner cash surrenders a universal life insurance anti money laundering violation
policy in its early years, this may be considered a red flag for
3 multiple choice options
a(n)
When is a Group Health policy required to provide coverage at the moment of birth
for a newborn child?
3 multiple choice options
which of the following situations does not apply to the florida an existing policyholder purchases an additional policy from the same insurer
replacement rule
3 multiple choice options
, under a renewable term policy the renewal premium is calculated on the basis of the insured's attained age
3 multiple choice options
D owns a Whole Life policy that was purchased 10 years ago. If extended term
the premium payments suddenly stop and D takes no 3 multiple choice options
additional action, which Nonforfeiture Option will the insurer
likely proceed with?
In Florida, which employee is eligible for an employer's group employee who works more than 40 hours per week
term life plan?
3 multiple choice options
which of the following statements is correct regarding an the employer receives a master policy and the employees receive certificates
employer/employee group health plan 3 multiple choice options
all of the following statements regarding a tax sheltered income derived from the tsa is received income tax free
annuity (tsa) are true except
3 multiple choice options
How would a contingent beneficiary receive the policy if the primary beneficiary dies before the insured
proceeds in an Accidental Death and Dismemberment (AD&D)
3 multiple choice options
policy?
A student pilot can pay regular premium costs for her life aviation exclusion
insurance policy with the addition of which of the following? 3 multiple choice options
which of these statements is incorrect regarding a preferred ppos are not a type of managed care systems
provider organization (ppo)?
3 multiple choice options
which of the following is considered an accurate statement of twisting involves an agent using misrepresentation to convince a policyowner to cancel
an unfair trade practice? their current policy so that they can purchase a new life insurance policy with another
company
3 multiple choice options
what is floridas definition of life insurance replacement a transaction in which a new policy is bought and an old policy is terminated
3 multiple choice options
