Florida Laws and Rules Pertinent to Insurance CH. 8 Questions and Answer

Florida Laws and Rules Pertinent to
Insurance CH. 8 Questions and Answers
WhichAofAtheAfollowingAisANOTArequiredAinAtheAOutlineAofACoverageAforAaAhealthAinsurance
Apolicy?




ExplanationAofAtheApolicy'sAbenefitsA
A
A




ListingAofAtheApolicy'sAexclusionsAandAlimitationsA
A
A




ProjectionAofAtheApolicy'sAfutureAcostsA
A
A




AExplanationAofAtheApolicy'sArenewalAandAcancellationAprovisionsA-
ACORRECTAANSWERSA-ProjectionAofAtheApolicy'sAfutureAcosts
AApersonAinsuredAunderAaAhealthApolicyAisArequiredAtoAgiveAtheAinsuranceAcompanyAaANoti
ceAofAClaimAwithinAhowAmanyAdaysAafterAaAcoveredAloss?




FiveA
A
A




TenA
A
A




TwentyA
A
A




ThirtyA-ACORRECTAANSWERSA-Twenty
A

WhatAdoADreadADiseaseApoliciesAcover?

,AAspecificAdiseaseAorAillnessA
A
A




AllAdiseasesAorAillnessesA
A
A




OnlyAterminalAillnessesA
A
A




AOnlyAheart-relatedAdiseasesA-ACORRECTAANSWERSA-AAspecificAdiseaseAorAillness
WhatAtypeAofAinsuranceAcompanyAisAdomiciledAinAEngland,AbutAconductsAbusinessAinAFlori
da?




ForeignA
A
A




DomesticA
A
A




AlienA
A
A




TransatlanticA-ACORRECTAANSWERSA-Alien
A

AAMultipleAEmployerAWelfareAArrangementA(MEWA)AprovidesAwhatAtypeAofAbenefits?




UnemploymentA
A
A

, BankingA
A
A




RetirementA
A
A




InsuranceA-ACORRECTAANSWERSA-Insurance
A

WhichAofAtheseAisANOTAaAlegalAentityAforAsellingAlifeAinsuranceAinAFlorida?




IndependentAagencyAsystemA
A
A




RiskAmanagementAadvisersA
A
A




CareerAagencyAsystemA
A
A




PersonalAproducingAgeneralAagencyA-ACORRECTAANSWERSA-
A

RiskAmanagementAadvisers
AccordingAtoAFloridaAlaw,AgroupAlifeAinsuranceAconversionAprivilegesAmustANOT




allowAtheAconvertedApolicyAtoAexceedA75%AofAtheAoriginalAgroupAlifeAamountA
A
A




allowAaAtimeAperiodAtoAconvertAgroupAlifeAcoverageAtoAanAindividualAlifeApolicyA
A
A




requireAaArateAincreaseA
A
A




ArequireAevidenceAofAinsurabilityA-ACORRECTAANSWERSA-
requireAevidenceAofAinsurability