215 Florida Insurance Exam Questions
And Answers
Anvindividualvworkingvpart-
timevhasvanvannualvincomevofv$25,000.vIfvthisvindividualvhasvanvIRA,vwhatvisvthevmaximumv
deductiblevIRAvcontributionvallowable?v-vCORRECTvvANSWER-$2,500
Florida'sv14-dayvfree-lookvperiodvforvlifevinsurancevpoliciesvbeginsvatvthev-
vCORRECTvvANSWER-datevofvdelivery
Howvmanyvdaysvdoesvanvinsurancevcompanyvhavevtovrejectvavreinstatementvapplicationvbe
forevitvisvautomaticallyvreinstated?v-vCORRECTvvANSWER-45
InvFlorida,vmostvlifevinsurancevpoliciesvhavevavcontestabilityvperiodvofv-
vCORRECTvvANSWER-2vyears
Thevpolicyvprovisionvthatventitlesvthevinsurervtovestablishvconditionsvthevinsuredvmustvmeetv
whilevavclaimvisvpendingvisv-vCORRECTvvANSWER-TimevLimitvonvCertainvDefenses
Whichvofvthesevtermsvaccuratelyvdefinesvanvunderwriter'svassessmentvofvinformationvonvavl
ifevinsurancevapplication?v-vCORRECTvvANSWER-Riskvclassification
WhichvstatementvregardingvthevMisstatementvofvAgevprovisionvisvconsideredvtovbevtrue?v-
vCORRECTvvANSWER-
Coveragevwillvbevadjustedvtovreflectvthevinsured'svtruevagevifvavmisstatementvofvagevisvdisco
vered
WhichvtypevofvpolicyvbenefitsvtovavpolicyholdervcoveredvundervavHospitalvExpensevPolicy?v-
vCORRECTvvANSWER-Reimbursement
And Answers
Anvindividualvworkingvpart-
timevhasvanvannualvincomevofv$25,000.vIfvthisvindividualvhasvanvIRA,vwhatvisvthevmaximumv
deductiblevIRAvcontributionvallowable?v-vCORRECTvvANSWER-$2,500
Florida'sv14-dayvfree-lookvperiodvforvlifevinsurancevpoliciesvbeginsvatvthev-
vCORRECTvvANSWER-datevofvdelivery
Howvmanyvdaysvdoesvanvinsurancevcompanyvhavevtovrejectvavreinstatementvapplicationvbe
forevitvisvautomaticallyvreinstated?v-vCORRECTvvANSWER-45
InvFlorida,vmostvlifevinsurancevpoliciesvhavevavcontestabilityvperiodvofv-
vCORRECTvvANSWER-2vyears
Thevpolicyvprovisionvthatventitlesvthevinsurervtovestablishvconditionsvthevinsuredvmustvmeetv
whilevavclaimvisvpendingvisv-vCORRECTvvANSWER-TimevLimitvonvCertainvDefenses
Whichvofvthesevtermsvaccuratelyvdefinesvanvunderwriter'svassessmentvofvinformationvonvavl
ifevinsurancevapplication?v-vCORRECTvvANSWER-Riskvclassification
WhichvstatementvregardingvthevMisstatementvofvAgevprovisionvisvconsideredvtovbevtrue?v-
vCORRECTvvANSWER-
Coveragevwillvbevadjustedvtovreflectvthevinsured'svtruevagevifvavmisstatementvofvagevisvdisco
vered
WhichvtypevofvpolicyvbenefitsvtovavpolicyholdervcoveredvundervavHospitalvExpensevPolicy?v-
vCORRECTvvANSWER-Reimbursement