FLORIDA HEALTH AND LIFE
INSURANCE STATE EXAM
PRACTICE PART 1 100% SOLVED
Which fAccident fand fHealth fpolicy fprovision faddresses fpreexisting fconditions? f-
fcorrect fanswers f-Time fLimit fon fCertain fDefenses
Which fof fthe ffollowing findividual fhealth finsurance fpolicies fwill fprovide fthe
fbroadest fprotection? f- fcorrect fanswers f-Major fMedical
Which fof fthe ffollowing fsituations fdoes fNOT fapply fto fthe fFlorida fReplacement
fRule? f- fcorrect fanswers f-An fexisting fpolicyholder fpurchases fan fadditional fpolicy
ffrom fthe fsame finsurer
Agent fJ ftakes fan fapplication fand finitial fpremium ffrom fan fapplicant fand fsends fthe
fapplication fand fpremium fcheck fto fthe finsurance fcompany. fThe finsurance
fcompany freturns fthe fcheck fback fto fJ fbecause fthe fcheck fis fmade fout fto fJ
finstead fof fthe finsurance fcompany. fWhat faction fshould fJ ftake? f- fcorrect fanswers
f-Return fto fthe fcustomer, fcollect fa fnew fcheck fmade fout fto fthe finsurance
fcompany, fand fsend fthe fnew fcheck fout fto fthe finsurance fcompany
, Under fwhich fof fthe ffollowing fcircumstances fwill fthe fbenefits funder fCOBRA
fcontinuation fcoverage fend? f- fcorrect fanswers f-All fgroup fhealth fplans fare
fterminated fby fthe femployer
Which ftype fof frenewability fbest fdescribes fa fDisability fIncome fpolicy fthat fcovers
fan findividual funtil fthe fage fof f65, fbut fthe finsurer fhas fthe fright fto fchange fthe
fpremium frate ffor fthe foverall frisk fclass? f- fcorrect fanswers f-Garunteed fRenewable
An fincomplete flife finsurance fapplication fsubmitted fto fan finsurer fwill fresult fin
fwhich fof fthese factions? f- fcorrect fanswers f-Application fwill fbe freturned fto fthe
fwritting fagent
The fwaiting fperiod ffor fa fpre-existing fcondition funder fa fMedicare fSupplement
fpolicy fmay fNOT fgo fbeyond f- fcorrect fanswers f-6 fMonths
Which fof fthese fstatements fis fINCORRECT fregarding fthe ffederal fincome ftax
ftreatment fof flife finsurance? f- fcorrect fanswers f-Entire fcash fsurrender fvalue fis
ftaxable
Which fof fthese fis fconsidered fa fmandatory fprovision? f- fcorrect fanswers f-Payment
fof fClaims
Which fof fthe ffollowing factions fwill fan finsurance fcompany fmost flikely fNOT ftake fif
fan fapplicant, fwho fhas fdiabetes, fapplies ffor fa fDisability fIncome fpolicy? f- fcorrect
fanswers f-Issue fthe fpolicy fwith fan faltered fTime fof fPayment fof fClaims fprovision
Which fof fthe ffollowing fphrases frefers fto fthe ffees fcharged fby fa fhealthcare
fprofessional? f- fcorrect fanswers f-Usual, fcustomary, fand freasonable fexpenses
D fwas factively fserving fin fthe fMarines fwhen fhe fwas fkilled fin fan fautomobile
faccident fwhile fon fleave. fHis f$100,000 fWhole flife fpolicy fcontains fa fWar
fExclusion fclause. fHow fmuch fwill fD's fbeneficiary's freceive? f- fcorrect fanswers f-
The ffull fface famount
N fis fcovered funder fan findividual fDisability fpolicy fwith fa f30-day fElimination fperiod
fand fa fmonthly fbenefit fof f$500. fN fis ftotally fdisabled ffor f3 f1/2 fmonths. fN's ftotal
fbenefit freceived fon fthis fclaim fis: f- fcorrect fanswers f-$1,250
No fbenefits fare favailable fduring fthe felimination fperiod.
Who fdoes fan fagent frepresent fduring fthe fsolicitation for finsurance? f- fcorrect
fanswers f-The finsurance fcompany
Which fof fthe ffollowing fcosts fwould fa fBasic fHospital/Surgical fpolicy flikely fcover? f-
fcorrect fanswers f-Sugically fremoving fa ffacial fbirthmark
The ffederal fincome ftax ftreatment fof femployer-provided fgroup fMedical fExpense
finsurance fcan fbe faccurately fdescribed fas: f- fcorrect fanswers f-Employee's
INSURANCE STATE EXAM
PRACTICE PART 1 100% SOLVED
Which fAccident fand fHealth fpolicy fprovision faddresses fpreexisting fconditions? f-
fcorrect fanswers f-Time fLimit fon fCertain fDefenses
Which fof fthe ffollowing findividual fhealth finsurance fpolicies fwill fprovide fthe
fbroadest fprotection? f- fcorrect fanswers f-Major fMedical
Which fof fthe ffollowing fsituations fdoes fNOT fapply fto fthe fFlorida fReplacement
fRule? f- fcorrect fanswers f-An fexisting fpolicyholder fpurchases fan fadditional fpolicy
ffrom fthe fsame finsurer
Agent fJ ftakes fan fapplication fand finitial fpremium ffrom fan fapplicant fand fsends fthe
fapplication fand fpremium fcheck fto fthe finsurance fcompany. fThe finsurance
fcompany freturns fthe fcheck fback fto fJ fbecause fthe fcheck fis fmade fout fto fJ
finstead fof fthe finsurance fcompany. fWhat faction fshould fJ ftake? f- fcorrect fanswers
f-Return fto fthe fcustomer, fcollect fa fnew fcheck fmade fout fto fthe finsurance
fcompany, fand fsend fthe fnew fcheck fout fto fthe finsurance fcompany
, Under fwhich fof fthe ffollowing fcircumstances fwill fthe fbenefits funder fCOBRA
fcontinuation fcoverage fend? f- fcorrect fanswers f-All fgroup fhealth fplans fare
fterminated fby fthe femployer
Which ftype fof frenewability fbest fdescribes fa fDisability fIncome fpolicy fthat fcovers
fan findividual funtil fthe fage fof f65, fbut fthe finsurer fhas fthe fright fto fchange fthe
fpremium frate ffor fthe foverall frisk fclass? f- fcorrect fanswers f-Garunteed fRenewable
An fincomplete flife finsurance fapplication fsubmitted fto fan finsurer fwill fresult fin
fwhich fof fthese factions? f- fcorrect fanswers f-Application fwill fbe freturned fto fthe
fwritting fagent
The fwaiting fperiod ffor fa fpre-existing fcondition funder fa fMedicare fSupplement
fpolicy fmay fNOT fgo fbeyond f- fcorrect fanswers f-6 fMonths
Which fof fthese fstatements fis fINCORRECT fregarding fthe ffederal fincome ftax
ftreatment fof flife finsurance? f- fcorrect fanswers f-Entire fcash fsurrender fvalue fis
ftaxable
Which fof fthese fis fconsidered fa fmandatory fprovision? f- fcorrect fanswers f-Payment
fof fClaims
Which fof fthe ffollowing factions fwill fan finsurance fcompany fmost flikely fNOT ftake fif
fan fapplicant, fwho fhas fdiabetes, fapplies ffor fa fDisability fIncome fpolicy? f- fcorrect
fanswers f-Issue fthe fpolicy fwith fan faltered fTime fof fPayment fof fClaims fprovision
Which fof fthe ffollowing fphrases frefers fto fthe ffees fcharged fby fa fhealthcare
fprofessional? f- fcorrect fanswers f-Usual, fcustomary, fand freasonable fexpenses
D fwas factively fserving fin fthe fMarines fwhen fhe fwas fkilled fin fan fautomobile
faccident fwhile fon fleave. fHis f$100,000 fWhole flife fpolicy fcontains fa fWar
fExclusion fclause. fHow fmuch fwill fD's fbeneficiary's freceive? f- fcorrect fanswers f-
The ffull fface famount
N fis fcovered funder fan findividual fDisability fpolicy fwith fa f30-day fElimination fperiod
fand fa fmonthly fbenefit fof f$500. fN fis ftotally fdisabled ffor f3 f1/2 fmonths. fN's ftotal
fbenefit freceived fon fthis fclaim fis: f- fcorrect fanswers f-$1,250
No fbenefits fare favailable fduring fthe felimination fperiod.
Who fdoes fan fagent frepresent fduring fthe fsolicitation for finsurance? f- fcorrect
fanswers f-The finsurance fcompany
Which fof fthe ffollowing fcosts fwould fa fBasic fHospital/Surgical fpolicy flikely fcover? f-
fcorrect fanswers f-Sugically fremoving fa ffacial fbirthmark
The ffederal fincome ftax ftreatment fof femployer-provided fgroup fMedical fExpense
finsurance fcan fbe faccurately fdescribed fas: f- fcorrect fanswers f-Employee's
