Florida XCEL Solutions Life and
Health Insurance | Questions with
Verified Answers | 100% Correct|
Latest 2025/2026.
Question:
Which of the following types of health coverage frequently uses a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
deductible??
Answer:
Major Medical policy
i,- i,-
Question:
What kind of Accidental Death and Dismemberment (AD&D) insurance
i,- i,- i,- i,- i,- i,- i,- i,- i,-
beneficiary requires his/her consent when a change of beneficiary is
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
made??
Answer:
Irrevocable beneficiary i,-
Question:
If a 10-Year Term Life policy contains a Renewability provision, the policy
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
will renew?
i,-
Answer:
,without evidence of insurability
i,- i,- i,-
Question:
Under Florida law, a variable annuity policyowner must be notified of
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
accumulated value of the contract? i,- i,- i,- i,-
Answer:
once a year
i,- i,-
Question:
Within how many days after policy delivery can a Medicare Supplement
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
policy be returned for a 100% premium refund??
i,- i,- i,- i,- i,- i,- i,-
Answer:
30
Question:
During the course of an insurance transaction, if an agent makes a false or
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
incomplete statement, he/she could be found guilty of?
i,- i,- i,- i,- i,- i,- i,-
Answer:
misrepresentation
Question:
Accidental Death coverage is provided to commercial airline passengers in
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
which of the following types of policies??
i,- i,- i,- i,- i,- i,-
Answer:
,Blanket Accident policyi,- i,-
Question:
An IRA owner can start making withdrawals and NOT be subjected to a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
tax penalty beginning at what age??
i,- i,- i,- i,- i,-
Answer:
59 1/2 i,-
Question:
According to the Mandatory Uniform Policy Provisions, what is the
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
maximum amount of time after the premium due date during which the
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
policy remains in force even though the premium has not been paid??
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
31 daysi,-
Question:
A licensed agent must be appointed by an insurance company to solicit
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
insurance in Florida. The agent's license will terminate if a certain period
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
of time elapses without being appointed. How long is this period of time??
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
48 months
i,-
Question:
, A Life insurance policyowner would like to take out a policy loan against
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
the cash value in his Whole Life policy. The interest rate applied to this
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
loan may vary over time. This is referred to as a(n) _______ rate loan.?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
Variable
Question:
Which of these provisions require proof of insurability after a policy has
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
lapsed??
Answer:
Reinstatement
Question:
What is the purpose of the Insurance Guaranty Fund Association??
i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
Protects policyowners against insolvent insurance companies
i,- i,- i,- i,- i,-
Question:
Which of the following is considered an accurate statement of an unfair
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
trade practice?? i,-
Answer:
Twisting involves an agent using misrepresentation to convince a
i,- i,- i,- i,- i,- i,- i,- i,- i,-
policyowner to cancel their current policy so that they can purchases a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
new life insurance policy with another company
i,- i,- i,- i,- i,- i,-
Health Insurance | Questions with
Verified Answers | 100% Correct|
Latest 2025/2026.
Question:
Which of the following types of health coverage frequently uses a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
deductible??
Answer:
Major Medical policy
i,- i,-
Question:
What kind of Accidental Death and Dismemberment (AD&D) insurance
i,- i,- i,- i,- i,- i,- i,- i,- i,-
beneficiary requires his/her consent when a change of beneficiary is
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
made??
Answer:
Irrevocable beneficiary i,-
Question:
If a 10-Year Term Life policy contains a Renewability provision, the policy
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
will renew?
i,-
Answer:
,without evidence of insurability
i,- i,- i,-
Question:
Under Florida law, a variable annuity policyowner must be notified of
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
accumulated value of the contract? i,- i,- i,- i,-
Answer:
once a year
i,- i,-
Question:
Within how many days after policy delivery can a Medicare Supplement
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
policy be returned for a 100% premium refund??
i,- i,- i,- i,- i,- i,- i,-
Answer:
30
Question:
During the course of an insurance transaction, if an agent makes a false or
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
incomplete statement, he/she could be found guilty of?
i,- i,- i,- i,- i,- i,- i,-
Answer:
misrepresentation
Question:
Accidental Death coverage is provided to commercial airline passengers in
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
which of the following types of policies??
i,- i,- i,- i,- i,- i,-
Answer:
,Blanket Accident policyi,- i,-
Question:
An IRA owner can start making withdrawals and NOT be subjected to a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
tax penalty beginning at what age??
i,- i,- i,- i,- i,-
Answer:
59 1/2 i,-
Question:
According to the Mandatory Uniform Policy Provisions, what is the
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
maximum amount of time after the premium due date during which the
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
policy remains in force even though the premium has not been paid??
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
31 daysi,-
Question:
A licensed agent must be appointed by an insurance company to solicit
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
insurance in Florida. The agent's license will terminate if a certain period
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
of time elapses without being appointed. How long is this period of time??
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
48 months
i,-
Question:
, A Life insurance policyowner would like to take out a policy loan against
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
the cash value in his Whole Life policy. The interest rate applied to this
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
loan may vary over time. This is referred to as a(n) _______ rate loan.?
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
Variable
Question:
Which of these provisions require proof of insurability after a policy has
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
lapsed??
Answer:
Reinstatement
Question:
What is the purpose of the Insurance Guaranty Fund Association??
i,- i,- i,- i,- i,- i,- i,- i,- i,-
Answer:
Protects policyowners against insolvent insurance companies
i,- i,- i,- i,- i,-
Question:
Which of the following is considered an accurate statement of an unfair
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
trade practice?? i,-
Answer:
Twisting involves an agent using misrepresentation to convince a
i,- i,- i,- i,- i,- i,- i,- i,- i,-
policyowner to cancel their current policy so that they can purchases a
i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,- i,-
new life insurance policy with another company
i,- i,- i,- i,- i,- i,-
