Package deal for Florida 2-15 Insurance License Exam with correct answers

A Supplementary Medical Expense policy combines the benefits of what two types of plans? - Basic Medical and Major Medical Which of the following is not correct concerning Health Maintenance Organizations? - They mandate enrollment for groups of 25 or more. Which is not true concerning a Hospi...

Insurance - Financial protection against loss or harm - An arrangement by which company gives customers financial protection against loss or harm such as theft or illness in return for premium payments. Life Insurance - Is based on actuarial or mathematical principles and guarantees a specified s...

In a 3 partner cross-purchase plan, how many policies need to be purchased in order to protect each partner against the loss of any other partner? - 6 According to the NAIC Life Insurance Solicitation Model, when soliciting life insurance, a producer is required to provide a prospect with a _____...

The clause identifying which losses resulting from an accident or sickness are insured by the policy is called the: - Insuring clause K applies for a life insurance policy on herself and submits the initial premium with the application. She is given a receipt by the agent stating that coverage be...

When life insurance proceeds are used to pay inheritance taxes and federal estate taxes, it is known as - Estate conservation In group insurance, the primary purpose of the Coordination of Benefits provision is to - Prevent overinsurance Which of the following statements is NOT true regarding ...