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2024/2025 Florida Health and Life Insurance State Exam Prep COMPLETE EXAM WITH ANSWERS (ANSWERED BY VERIFIED TUTORS) $17.49
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2024/2025 Florida Health and Life Insurance State Exam Prep COMPLETE EXAM WITH ANSWERS (ANSWERED BY VERIFIED TUTORS)

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2024/2025 Florida Health and Life Insurance State Exam Prep COMPLETE EXAM WITH ANSWERS (ANSWERED BY VERIFIED TUTORS)

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  • 10 december 2024
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2024/2025 Florida Health and Life Insurance
State Exam Prep COMPLETE EXAM WITH
ANSWERS (ANSWERED BY VERIFIED TUTORS)



Which type of renewability 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?

Garunteed Renewable




An incomplete life insurance application submitted to an insurer will
result in which of these actions?

Application will be returned to the writting agent




The waiting period for a pre-existing condition under a Medicare
Supplement policy may NOT go beyond

6 Months

,Which of these statements is INCORRECT regarding the federal income tax
treatment of life insurance?

Entire cash surrender value is taxable




Which of these is considered a mandatory provision?

Payment of Claims




Which of the following actions will an insurance company most likely NOT
take if an applicant, who has diabetes, applies for a Disability Income
policy?

Issue the policy with an altered Time of Payment of Claims provision




Which of the following phrases refers to the fees charged by a healthcare
professional?

Usual, customary, and reasonable expenses




D was actively serving in the 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?

,The full face amount




N is covered under an individual Disability policy with a 30-day Elimination
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:

$1,250



No benefits are available during the elimination period.




Who does an agent represent during the solicitation or insurance?

The insurance company




Which of the following costs would a Basic Hospital/Surgical policy likely
cover?

Sugically removing a facial birthmark




The federal income tax treatment of employer-provided group Medical
Expense insurance can be accurately described as:

, Employee's premiums paid by the employer is tax-deductible to the
employer as a business expenditure




Premiums paid by an employer for an employee's coverage are deductible
by the employer as a buisness expense




What must the policyowner provide to the insurer for validation that a loss
has occurred?

proof of loss




Association Plans that are designed to provide health benefits to their
members are regulated by the state because

They are insured by and authorized insurer




Which of the following statements is CORRECT about the period in which a
Term Policy can be converted?

It varies according to contracts

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