FL Life And Health Insurance 2-15 Study
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N pis pcovered pby pa pTerm pLife ppolicy pand pdoes pnot pmake pthe prequired ppremium ppayment
pwhich pwas pdue pAugust p1. pN pdies pSeptember p15. pWhat paction pwill pthe pinsurer ptake? p-
pcorrect panswer. p p p pClaim pwill pbe pdenied.
A pcontract pwhere pone pparty peither paccepts por prejects pthe pterms pof pa pcontract pwritten pby
panother pparty pis pcalled pa pcontract pof p- pcorrect panswer. p p p padhesion
All pof pthe pfollowing pstatements pabout pMajor pMedical pbenefits pare ptrue, pEXCEPT: p-
pcorrect panswer. p p p pBenefits phave pno pmaximum plimit
W pgave pW's page pas p50 pwhen pW ppurchased pa pLife ppolicy. pAt pthe ptime pof pW's pdeath
pseven pyears plater, pthe pcompany pdiscovered pW's ptrue page pat pissue phad pbeen p59. pWhat
pwould pthe pnormal pprocedure pbe punder pthe pmisstatement pof page pprovision pin pregard pto
pthe ppayment pof pthe pdeath pclaim? p- pcorrect panswer. p p p pThe pproceeds pwould pbe preduced
pbased pon pwhatever pthe ppremium pwould phave pbeen pif ppurchased pat page p59.
All pof pthese pare pconsidered psources pof punderwriting pinformation pabout pan papplicant,
pEXCEPT: p- pcorrect panswer. p p p pInspection pReport
According pto pthe pMandatory pUniform pPolicy pProvisions, pwhat pis pthe pmaximum pamount
pof ptime pafter pthe ppremium pdue pdate pduring pwhich pthe ppolicy premains pin pforce peven
pthough pthe ppremium phas pnot pbeen ppaid? p- pcorrect panswer. p p p p31 pdays
Which pprovision pallows pthe ppolicy powner pto pchange pa pterm plife ppolicy pto pa ppermanent
pone pwithout pproviding pproof pof pgood phealth? p- pcorrect panswer. p p p pConversion
What pdo pfamilies ppay pthat pare pcovered pby pthe pFlorida pHealthy pKids pCorporation? p-
pcorrect panswer. p p p pA pportion pof pthe ppremium
Which pstatement pregarding pthird-party pownership pof pa plife pinsurance ppolicy pis ptrue? p-
pcorrect panswer. p p p pIt pis pused pextensively pin pestate pplanning pas pwell pas pbusiness
pcircumstances.
, Which pof pthe pfollowing pemployees pmay pNOT pbe pexcluded pfrom pa pgroup plife pplan? p-
pcorrect panswer. p p p pFull-time pemployees pafter pthe pprobationary pperiod.
Which pof pthe pfollowing pstatements pBEST pdescribes pwhat pthe pLegal pActions pprovision pof
pan pAccident pand pHealth ppolicy prequires? p- pcorrect panswer. p p p pAn pinsured pmust pwait pat
pleast p60 pdays pafter pProof pof pLoss phas pbeen psubmitted pbefore pa plawsuit pcan pbe pfiled.
What ppercentage pof peligible ppersons pmust pa ppolicy pcover pin pa pnoncontributory pgroup? p-
pcorrect panswer. p p p p100%
What pare padjustable prates pfor plife ppolicy ploans pin pFlorida pbased pon? p- pcorrect panswer. p p p
pMoody's pcorporate pbond pindex.
An punderwriter pdetermines pthat pa plife pinsurance papplicant's prisk pshould pbe preclassified
pdue pto pa phealth pissue. pThis ppolicy pmay pbe pissued pwith pa(n): p- pcorrect panswer. p p p
pexclusion pfor pthe pmedical pcondition
What pis pthe pinitial prequirement pfor pan pinsured pto pbecome peligible pfor pbenefits punder pthe
pWaiver pof pPremium pprovision? p- pcorrect panswer. p p p pInsured pmust pbe punder pa
pphysician's pcare
J phas pa pDisability pIncome ppolicy pthat pdoes pNOT pprovide pbenefits pfor plosses poccurring
pas pthe presult pof phis pemployment. pWhat pkind pof pcoverage pis pthis? p- pcorrect panswer. p p p
pNonoccupational pcoverage
K pis pinsured punder pa pGroup pLife pInsurance ppolicy. pK pis pconsidered pto pbe pa(n) p- pcorrect
panswer. p p p pcertificate pholder
According pto pFlorida plaw, pwhich pof pthe pfollowing pinformation pdoes pNOT pneed pto pbe
pobtained pby pan pagent precommending pan pannuity ppurchase? p- pcorrect panswer. p p p
pMarital pstatus
Dividends ppaid pfrom pa plife pinsurance ppolicy pare p- pcorrect panswer. p p p ptaxable
S ptakes pout pa phealth pinsurance ppolicy pwhich pcontains pa pprovision pthat pstates pthe pagent
pdoes pnot phave pthe pauthority pto pchange pthe ppolicy por pwaive pany pof pits pprovisions. pWhich
phealth ppolicy pprovision pis pthis? p- pcorrect panswer. p p p pEntire pContract
Which ppolicy prequires pan pagent pto pregister pwith pthe pNational pAssociation pof pSecurities
pDealers p(NASD) pbefore pselling? p- pcorrect panswer. p p p pVariable pLife
Defamation poccurs pwhen pan pagent pmakes pa pfalse pstatement pintended pto p- pcorrect
panswer. p p p pmalign panother pinsurer
J powns pa pbusiness pand phas pa pGroup pLife ppolicy pcovering pher pemployees. pJ pdecides pto
pcancel pthe ppolicy pby pletting pit plapse pon pthe prenewal pdate. pWhat paction pmust pbe ptaken?
Exam Questions And Answers 100%
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N pis pcovered pby pa pTerm pLife ppolicy pand pdoes pnot pmake pthe prequired ppremium ppayment
pwhich pwas pdue pAugust p1. pN pdies pSeptember p15. pWhat paction pwill pthe pinsurer ptake? p-
pcorrect panswer. p p p pClaim pwill pbe pdenied.
A pcontract pwhere pone pparty peither paccepts por prejects pthe pterms pof pa pcontract pwritten pby
panother pparty pis pcalled pa pcontract pof p- pcorrect panswer. p p p padhesion
All pof pthe pfollowing pstatements pabout pMajor pMedical pbenefits pare ptrue, pEXCEPT: p-
pcorrect panswer. p p p pBenefits phave pno pmaximum plimit
W pgave pW's page pas p50 pwhen pW ppurchased pa pLife ppolicy. pAt pthe ptime pof pW's pdeath
pseven pyears plater, pthe pcompany pdiscovered pW's ptrue page pat pissue phad pbeen p59. pWhat
pwould pthe pnormal pprocedure pbe punder pthe pmisstatement pof page pprovision pin pregard pto
pthe ppayment pof pthe pdeath pclaim? p- pcorrect panswer. p p p pThe pproceeds pwould pbe preduced
pbased pon pwhatever pthe ppremium pwould phave pbeen pif ppurchased pat page p59.
All pof pthese pare pconsidered psources pof punderwriting pinformation pabout pan papplicant,
pEXCEPT: p- pcorrect panswer. p p p pInspection pReport
According pto pthe pMandatory pUniform pPolicy pProvisions, pwhat pis pthe pmaximum pamount
pof ptime pafter pthe ppremium pdue pdate pduring pwhich pthe ppolicy premains pin pforce peven
pthough pthe ppremium phas pnot pbeen ppaid? p- pcorrect panswer. p p p p31 pdays
Which pprovision pallows pthe ppolicy powner pto pchange pa pterm plife ppolicy pto pa ppermanent
pone pwithout pproviding pproof pof pgood phealth? p- pcorrect panswer. p p p pConversion
What pdo pfamilies ppay pthat pare pcovered pby pthe pFlorida pHealthy pKids pCorporation? p-
pcorrect panswer. p p p pA pportion pof pthe ppremium
Which pstatement pregarding pthird-party pownership pof pa plife pinsurance ppolicy pis ptrue? p-
pcorrect panswer. p p p pIt pis pused pextensively pin pestate pplanning pas pwell pas pbusiness
pcircumstances.
, Which pof pthe pfollowing pemployees pmay pNOT pbe pexcluded pfrom pa pgroup plife pplan? p-
pcorrect panswer. p p p pFull-time pemployees pafter pthe pprobationary pperiod.
Which pof pthe pfollowing pstatements pBEST pdescribes pwhat pthe pLegal pActions pprovision pof
pan pAccident pand pHealth ppolicy prequires? p- pcorrect panswer. p p p pAn pinsured pmust pwait pat
pleast p60 pdays pafter pProof pof pLoss phas pbeen psubmitted pbefore pa plawsuit pcan pbe pfiled.
What ppercentage pof peligible ppersons pmust pa ppolicy pcover pin pa pnoncontributory pgroup? p-
pcorrect panswer. p p p p100%
What pare padjustable prates pfor plife ppolicy ploans pin pFlorida pbased pon? p- pcorrect panswer. p p p
pMoody's pcorporate pbond pindex.
An punderwriter pdetermines pthat pa plife pinsurance papplicant's prisk pshould pbe preclassified
pdue pto pa phealth pissue. pThis ppolicy pmay pbe pissued pwith pa(n): p- pcorrect panswer. p p p
pexclusion pfor pthe pmedical pcondition
What pis pthe pinitial prequirement pfor pan pinsured pto pbecome peligible pfor pbenefits punder pthe
pWaiver pof pPremium pprovision? p- pcorrect panswer. p p p pInsured pmust pbe punder pa
pphysician's pcare
J phas pa pDisability pIncome ppolicy pthat pdoes pNOT pprovide pbenefits pfor plosses poccurring
pas pthe presult pof phis pemployment. pWhat pkind pof pcoverage pis pthis? p- pcorrect panswer. p p p
pNonoccupational pcoverage
K pis pinsured punder pa pGroup pLife pInsurance ppolicy. pK pis pconsidered pto pbe pa(n) p- pcorrect
panswer. p p p pcertificate pholder
According pto pFlorida plaw, pwhich pof pthe pfollowing pinformation pdoes pNOT pneed pto pbe
pobtained pby pan pagent precommending pan pannuity ppurchase? p- pcorrect panswer. p p p
pMarital pstatus
Dividends ppaid pfrom pa plife pinsurance ppolicy pare p- pcorrect panswer. p p p ptaxable
S ptakes pout pa phealth pinsurance ppolicy pwhich pcontains pa pprovision pthat pstates pthe pagent
pdoes pnot phave pthe pauthority pto pchange pthe ppolicy por pwaive pany pof pits pprovisions. pWhich
phealth ppolicy pprovision pis pthis? p- pcorrect panswer. p p p pEntire pContract
Which ppolicy prequires pan pagent pto pregister pwith pthe pNational pAssociation pof pSecurities
pDealers p(NASD) pbefore pselling? p- pcorrect panswer. p p p pVariable pLife
Defamation poccurs pwhen pan pagent pmakes pa pfalse pstatement pintended pto p- pcorrect
panswer. p p p pmalign panother pinsurer
J powns pa pbusiness pand phas pa pGroup pLife ppolicy pcovering pher pemployees. pJ pdecides pto
pcancel pthe ppolicy pby pletting pit plapse pon pthe prenewal pdate. pWhat paction pmust pbe ptaken?
