100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
FLORIDA LIFE AND HEALTH 2-15 FINAL EXAM 300+ QUESTIONS AND CORRECT DETAILED ANSWERS UPDATE ALREADY A GRADED |BRAND NEW!!{ACTUAL EXAM} $20.49   Add to cart

Exam (elaborations)

FLORIDA LIFE AND HEALTH 2-15 FINAL EXAM 300+ QUESTIONS AND CORRECT DETAILED ANSWERS UPDATE ALREADY A GRADED |BRAND NEW!!{ACTUAL EXAM}

3 reviews
 41 views  0 purchase
  • Course
  • FLORIDA LIFE AND HEALTH 2-15
  • Institution
  • FLORIDA LIFE AND HEALTH 2-15

FLORIDA LIFE AND HEALTH 2-15 FINAL EXAM 300+ QUESTIONS AND CORRECT DETAILED ANSWERS UPDATE ALREADY A GRADED |BRAND NEW!!{ACTUAL EXAM}

Preview 3 out of 27  pages

  • October 20, 2023
  • 27
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • FLORIDA LIFE AND HEALTH 2-15
  • FLORIDA LIFE AND HEALTH 2-15

3  reviews

review-writer-avatar

By: chadeenfox • 2 weeks ago

review-writer-avatar

By: Lewisgitonga • 7 months ago

review-writer-avatar

By: monique187 • 10 months ago

avatar-seller
impressivetutor
FLORIDA LIFE AND HEALTH 2-15 FINAL EXAM 300+
QUESTIONS AND CORRECT DETAILED ANSWERS
2023-2024 UPDATE ALREADY A GRADED |BRAND
NEW!!{ACTUAL EXAM}

Which of the following factors affect the amount of monthly disability benefits payable under social
security? - ANSWERS- The THE AMOUNT OF BENEFITS AVAILABLE from other sources



Which of the following provisions specifies how long a policy owner's health coverage will remain in
effect if the policy owner does not pay the premium when it is due? - ANSWERS- Grace period



As a condition for a loan, a bank requires the borrower to purchase credit insurance from a specific
company. What is the bank guilty of? - ANSWERS- Coercion



A physician opens up a new practice and qualifies for a $7,000/monthly Disability income policy. What
rider would the physician add if he wants the ability to increase his policy benefits as his practice and
income grow? - ANSWERS- Guaranteed insurability option rider



Which of these types of coverage is best described as a short term medical policy - ANSWERS- INTERIM
coverage



The COBRA gives workers (and their families) whose employment has been terminated the right to... -
ANSWERS- Continue group health benefits



Under Florida law, which of the following provisions is NOT required in a Medicare Supplement policy? -
ANSWERS- Limitation on pre-existing conditions for up to 12 months.



What are adjustable rates for life policy loans in Florida based on? - ANSWERS- Moody's corporate bond
index



A policyowner's rights are limited under which beneficiary designation? - ANSWERS- Irrevocable

,A trustee-to-trustee transfer or rollover funds in a qualified plan allows a participant to avoid: -
ANSWERS- Mandatory income tax withholding on the transfer amount.



J is an agent who has induced an insured through misrepresentation to surrender an existing insurance
policy. What is J guilty of? - ANSWERS- Twisted (got me twisted)



Who's life is covered on a life insurance policy that contains a payor benefit clause? - ANSWERS- Child



Which of the following annuities pays benefits based on units rather that specific dollar amounts -
ANSWERS- A Variable annuity



the USA Patriot Act was enacted in - ANSWERS- 2001



What type of rider would be added to an Accident and Health Policy if the policy owner wants to ensure
the policy will continue if he/she ever becomes totally disabled? - ANSWERS- Waiver of Premium Rider



A Disability Income policyowner suffers a disability which was due to the same cause as a previous
disability. Both disabilities occurred within a five-month period. The insurer may cover the second
disability without a new elimination period under the: - ANSWERS- Recurrent disability provision



What is the purpose of the Life and Health Insurance Guaranty Association? - ANSWERS- Protect policy
owners against insolvent insurance companies



In Florida, which of the following practitioners normally do NOT receive payment from health insurance
policies? - ANSWERS- Naturopaths



S would like to use dividends from her life insurance policy to purchase paid-up additions. All of these
would be factors that determine how much coverage can be purchased EXCEPT - ANSWERS- S's attained
age



In regards to representations or warranties which of these statements is true - ANSWERS- if materialto
the Risk, false representation will void the policy

, Which of these action should be a producer take went to submitting and insurance application to an
insurer? - ANSWERS- Inform insure relevant information not included on the application



An immediate annuity consist of a: - ANSWERS- Single premium



A life insurance application must be signed by all of these except - ANSWERS- The beneficiary (kid)



Additional coverage can be added to a whole life policy by adding a(n): - ANSWERS- Decreasing term
rider



Under what system do a group of doctors and hospitals in a designated area contact with an insurer to
provide any service to a prearrange cost to the insured - ANSWERS- PPO



W is a 39-year-old female who just purchased an annuity to provide income for life starting at age 60. All
of these would be acceptable annuity choices except - ANSWERS- Immediate annuity



Florida 14 day free look period for life insurance policy begins at the - ANSWERS- Date of delivery



What is considered to be a characteristic of a conditionally renewable health insurance policy? -
ANSWERS- Premiums may increase at time of renewal



Whole life insurance policy are contractually guaranteed to provide each of the following except -
ANSWERS- Partial withdrawal features Biada surrender charge period



Group life policy is in Florida are required to contain conversion privilege that allows for conversion -
ANSWERS- To individual policy for stated period of time



The percentage of an individual's Primary Insurance Amount (PIA) determines the benefits paid in which
of the following programs - ANSWERS- Social Security Disability Income



During the course of in insurance transaction, if an agent makes a false or incomplete statement, he/she
would be found guilty of - ANSWERS- Misrepresentation

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller impressivetutor. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $20.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

64438 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$20.49
  • (3)
  Add to cart