Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life & Health Insurance Test
Bank – Complete Practice Questions
with Verified Answers & Explanations –
Updated 2025/2026 FL Insurance
Licensing Exam Prep
Description:
Pass the Florida Life & Health Insurance licensing exam
with this comprehensive test bank, featuring 100%
verified practice questions and detailed explanations.
Covers Florida insurance laws, life insurance policies,
health insurance plans, annuities, underwriting, claims,
and ethics. Fully updated for the 2025/2026 licensing
cycle, ideal for candidates preparing for the Florida
Department of Financial Services exam.
Florida Life_mergedhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.(ehttps://online2pdf.com/delete-header-and-footer-in-pdfxt)
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
,Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Health and Life Insurance 2-15
Final Exam
A characteristic of Preferred Provider Organizations (PPOs) would be:
ANSWER
Discounted fees for the patient (PPO - a group of doctors and hospitals in a designated
area contract with an insurer to provide services at a prearranged cost to the insured)
A disability elimination period is best described as a:
ANSWER
time deductible
A Health Reimbursement Arrangement MUST be established:
ANSWER - by the employer
A life policy loan in Florida cannot charge a fixed rate of interest higher than
ANSWER - 10%
A life policy with a death benefit that can fluctuate according to the performance of its
underlying investment portfolio is referred to as:
ANSWER - Variable Life
Florida Life_mergedhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.(ehttps://online2pdf.com/delete-header-and-footer-in-pdfxt)
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
,Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
A Multiple Employer Welfare Arrangement (MEWA) provides what type of benefits?
ANSWER - Insurance
A person insured under a health policy is required to give the insurance company a
Notice of Claim within how many days after a covered loss?
ANSWER - 20
A physician opens up a new practice and qualifies for a $7,000/month Disability Income
policy. What rider would the physician add if he wants the ability to increase his policy
benefit as his practice and income grow?
ANSWER - Guaranteed Insurability Option rider
A policy loan is made possible by which of these life insurance policy features? -
ANSWER - Cash value provision
A policy that becomes a Modified Endowment Contract (MEC): -
ANSWER - will lose many of its tax advantages
A policyowner's rights are limited under which beneficiary designation? -
ANSWER - Irrecovable
Florida Life_mergedhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.(ehttps://online2pdf.com/delete-header-and-footer-in-pdfxt)
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
, Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
A student pilot can pay regular premium costs for her life insurance policy with the
addition of which of the following? -
ANSWER - Aviation exclusion
A variable insurance policy: -
ANSWER - does not guarantee a return on investment accounts
A young, married teacher has two children and owns a Whole Life policy. If the teacher
wants an Increasing Death Benefit to protect against inflation, the teacher should select
which of the following Dividend Options? –
ANSWER - Paid-Up Additional Insurance
ABC Insurance Company has accepted a life insurance application which contains
unanswered questions. The company then makes the application part of the life
contract. In this situation, the insurer has -
ANSWER - waived one of its legal rights
Accidental Death coverage is provided to commercial airline passengers in which of the
following types of policies? -
ANSWER - Blanket Accident policy
According to Florida law, a Group Life insurance policy requires a minimum of how
many insureds? -
Florida Life_mergedhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.(ehttps://online2pdf.com/delete-header-and-footer-in-pdfxt)
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life & Health Insurance Test
Bank – Complete Practice Questions
with Verified Answers & Explanations –
Updated 2025/2026 FL Insurance
Licensing Exam Prep
Description:
Pass the Florida Life & Health Insurance licensing exam
with this comprehensive test bank, featuring 100%
verified practice questions and detailed explanations.
Covers Florida insurance laws, life insurance policies,
health insurance plans, annuities, underwriting, claims,
and ethics. Fully updated for the 2025/2026 licensing
cycle, ideal for candidates preparing for the Florida
Department of Financial Services exam.
Florida Life_mergedhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.(ehttps://online2pdf.com/delete-header-and-footer-in-pdfxt)
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
,Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Health and Life Insurance 2-15
Final Exam
A characteristic of Preferred Provider Organizations (PPOs) would be:
ANSWER
Discounted fees for the patient (PPO - a group of doctors and hospitals in a designated
area contract with an insurer to provide services at a prearranged cost to the insured)
A disability elimination period is best described as a:
ANSWER
time deductible
A Health Reimbursement Arrangement MUST be established:
ANSWER - by the employer
A life policy loan in Florida cannot charge a fixed rate of interest higher than
ANSWER - 10%
A life policy with a death benefit that can fluctuate according to the performance of its
underlying investment portfolio is referred to as:
ANSWER - Variable Life
Florida Life_mergedhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.(ehttps://online2pdf.com/delete-header-and-footer-in-pdfxt)
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
,Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
A Multiple Employer Welfare Arrangement (MEWA) provides what type of benefits?
ANSWER - Insurance
A person insured under a health policy is required to give the insurance company a
Notice of Claim within how many days after a covered loss?
ANSWER - 20
A physician opens up a new practice and qualifies for a $7,000/month Disability Income
policy. What rider would the physician add if he wants the ability to increase his policy
benefit as his practice and income grow?
ANSWER - Guaranteed Insurability Option rider
A policy loan is made possible by which of these life insurance policy features? -
ANSWER - Cash value provision
A policy that becomes a Modified Endowment Contract (MEC): -
ANSWER - will lose many of its tax advantages
A policyowner's rights are limited under which beneficiary designation? -
ANSWER - Irrecovable
Florida Life_mergedhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.(ehttps://online2pdf.com/delete-header-and-footer-in-pdfxt)
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
, Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
A student pilot can pay regular premium costs for her life insurance policy with the
addition of which of the following? -
ANSWER - Aviation exclusion
A variable insurance policy: -
ANSWER - does not guarantee a return on investment accounts
A young, married teacher has two children and owns a Whole Life policy. If the teacher
wants an Increasing Death Benefit to protect against inflation, the teacher should select
which of the following Dividend Options? –
ANSWER - Paid-Up Additional Insurance
ABC Insurance Company has accepted a life insurance application which contains
unanswered questions. The company then makes the application part of the life
contract. In this situation, the insurer has -
ANSWER - waived one of its legal rights
Accidental Death coverage is provided to commercial airline passengers in which of the
following types of policies? -
ANSWER - Blanket Accident policy
According to Florida law, a Group Life insurance policy requires a minimum of how
many insureds? -
Florida Life_mergedhttps://online2pdf.com/delete-header-and-footer-in-pdf
Florida Life_merged.(ehttps://online2pdf.com/delete-header-and-footer-in-pdfxt)
Florida Life_merged.pdfhttps://online2pdf.com/delete-header-and-footer-in-pdf
