Florida Health and Life Insurance State Exam /
Comprehensive Study Guide Complete Questions
and Correct Detailed Answers Practice Part 1
Terms in this set (149)
Which Accident and Time Limit on Certain Defenses
Health policy provision
addresses preexisting
conditions?
Which of the following Major Medical
individual health insurance
policies will provide the
broadest protection?
Which of the following An existing policyholder purchases an additional policy from
situations does NOT apply to the same insurer
the Florida
Replacement Rule?
Return to the customer, collect a new check made out to the
insurance company, and send the new check out to the
insurance company
Agent J takes an application
and initial premium from an
applicant and sends the
application and premium
check to the insurance
company. The insurance
company returns the check
back to J because the check
is made out to J instead of
the insurance company.
What action should J take?
,Under which of the All group health plans are terminated by the employer
following circumstances
will the benefits under
COBRA continuation
coverage end?
Which type of renewability Garunteed Renewable
best describes a Disability
Income policy that covers an
individual until the age of 65,
but the insurer has the right
to change the premium rate
for the overall risk class?
An incomplete life insurance Application will be returned to the writting agent
application submitted to an
insurer will result in which of
these actions?
The waiting period for a pre- 6 Months
existing condition under a
Medicare Supplement policy
may
NOT go beyond
Which of these statements is Entire cash surrender value is taxable
INCORRECT regarding the
federal income tax treatment
of life insurance?
Payment of Claims
Which of these is considered
a mandatory provision?
, Which of the following Issue the policy with an altered Time of Payment of
actions will an insurance Claims provision
company most likely NOT
take if an applicant, who has
diabetes, applies for a
Disability Income policy?
Which of the following Usual, customary, and reasonable expenses
phrases refers to the fees
charged by a healthcare
professional?
D was actively serving in the The full face amount
Marines when he was killed
in an automobile accident
while on leave. His $100,000
Whole life policy contains a
War Exclusion clause. How
much will D's beneficiary's
receive?
N is covered under an $1,250
individual Disability policy
with a 30-day Elimination
No benefits are available during the elimination period.
period and a monthly
benefit of $500. N is totally
disabled for 3 1/2 months.
N's total benefit received on
this claim is:
Who does an agent The insurance company
represent during the
solicitation or insurance?
Sugically removing a facial birthmark
Which of the following
costs would a Basic
Hospital/Surgical policy
likely cover?
Comprehensive Study Guide Complete Questions
and Correct Detailed Answers Practice Part 1
Terms in this set (149)
Which Accident and Time Limit on Certain Defenses
Health policy provision
addresses preexisting
conditions?
Which of the following Major Medical
individual health insurance
policies will provide the
broadest protection?
Which of the following An existing policyholder purchases an additional policy from
situations does NOT apply to the same insurer
the Florida
Replacement Rule?
Return to the customer, collect a new check made out to the
insurance company, and send the new check out to the
insurance company
Agent J takes an application
and initial premium from an
applicant and sends the
application and premium
check to the insurance
company. The insurance
company returns the check
back to J because the check
is made out to J instead of
the insurance company.
What action should J take?
,Under which of the All group health plans are terminated by the employer
following circumstances
will the benefits under
COBRA continuation
coverage end?
Which type of renewability Garunteed Renewable
best describes a Disability
Income policy that covers an
individual until the age of 65,
but the insurer has the right
to change the premium rate
for the overall risk class?
An incomplete life insurance Application will be returned to the writting agent
application submitted to an
insurer will result in which of
these actions?
The waiting period for a pre- 6 Months
existing condition under a
Medicare Supplement policy
may
NOT go beyond
Which of these statements is Entire cash surrender value is taxable
INCORRECT regarding the
federal income tax treatment
of life insurance?
Payment of Claims
Which of these is considered
a mandatory provision?
, Which of the following Issue the policy with an altered Time of Payment of
actions will an insurance Claims provision
company most likely NOT
take if an applicant, who has
diabetes, applies for a
Disability Income policy?
Which of the following Usual, customary, and reasonable expenses
phrases refers to the fees
charged by a healthcare
professional?
D was actively serving in the The full face amount
Marines when he was killed
in an automobile accident
while on leave. His $100,000
Whole life policy contains a
War Exclusion clause. How
much will D's beneficiary's
receive?
N is covered under an $1,250
individual Disability policy
with a 30-day Elimination
No benefits are available during the elimination period.
period and a monthly
benefit of $500. N is totally
disabled for 3 1/2 months.
N's total benefit received on
this claim is:
Who does an agent The insurance company
represent during the
solicitation or insurance?
Sugically removing a facial birthmark
Which of the following
costs would a Basic
Hospital/Surgical policy
likely cover?
