Florida 2-15 Life Insurance License (FL 2-15) Exams | Bundled Package | Latest 2024/2025

Florida Insurance Exam (2-15) | Questions and Correct Solutions | latest Update 2024/2025 | Graded A+ A Supplementary Medical Expense policy combines the benefits of what two types of plans? - Answer -Basic Medical and Major Medical Which of the following is not correct concerning Health Maint...

Florida Insurance 2-15 Exam Terms | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Insurance - Answer -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...

Florida 2-15 exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ 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? - Answer -6 According to the NAIC Life Insurance Solicita...

2-15 Insurance License Florida exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Speculative Risk - Answer -Risk that involves chance of both loss and gain; not insurable Pure Risk - Answer -Risk that involves the chance of loss only, there is no opportunity for gai...

215 Insurance License Exam | Questions and Correct Solutions | Latest Update 2025/2025 | Graded A+ risk pooling - Answer -spreading risk over a large group of people law of large numbers - Answer -larger the group, the more certain the predictions speculative risk - Answer -not insurable - in...

Life, Health, & Annuity 2-15 Exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Replacing a life insurance policy - Answer -When replacing a life insurance policy an insurance producer must submit a notice to both the applicant and the insurance producers own company ...

Florida 2-15 Insurance | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ In the insurance business, risk can best be defined as: A. sharing the possibility of a loss B. uncertainty regarding the future C. uncertainty regarding financial loss D. uncertainty regarding when...

Florida 2-15 exam | Questions and Correct Solutions |Latest Update 2024/2025 | Graded A+ 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? - Answer -6 According to the NAIC Life Insurance Solicitat...

Florida 2 15 Social insurance exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ What Medicare part provides a prescription drugs benefit? - Answer - Part D An insured with Medicare Part D has reached the initial benefit limit and must now pay a portion of prescripti...

Florida Insurance Exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ The clause identifying which losses resulting from an accident or sickness are insured by the policy is called the: - Answer -Insuring clause K applies for a life insurance policy on herself and submi...

Fl Life, Health and Annuities Licensing 2-15 exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ 3 ways insurance contracts are different than other legally binding documents - Answer -Number one. They are aleatory. Meaning the insured pays a premium but may not receiv...

2-15 Final Exam | Questions and Correct Answers | latest Update 2024/2025 | Graded A+ 1. An employer pays $90 of a $100 group disability premium, and the employee pays the other $10. The disability benefit under the plan is $1,000/month. If the employee becomes disabled and receives the full b...

Florida 215 Exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Nondisabling Injury Provision - Answer -A person who has a disability income policy and suffers from a disability that is not serious enough to qualify them for disability income benefits may receive the ac...

Florida 215 Test | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ A medigap policy is a Medicare supplement insurance policy sold by private insurance companies to : - Answer -Fill the gaps in medicare part a and b Generally Noncontributory group health plans require wha...