FLorida State Health Insurance

Rules of Construction correct answers Help to identify and establish the intent of the parties to the contract Utmost good faith correct answers Each party is entitled to rely on the representation of the other, and each party should have a reasonable expectation that the other is acting in good ...

Insured correct answers The person covered by the insurance policy. Rider correct answers A written modification attached to a policy that increases or decreases coverage and/or premiums. What is a unilateral contract? correct answers A contract in which only one of the parties is legally boun...

Categories of Life Insurance correct answers Ordinary, Industrial and Group Ordinary Life correct answers is individual life insurance that includes many types of TERM and PERMANENT insurance and is usually paid with monthly premiums. Is the principal type of life insurance purchased in the Unite...

Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information...

Which mode of payment is NOT used by health insurance policies? correct answers Single Premium The Coordination of Benefits provision correct answers prevents an insured covered by two health plans from making a profit on a covered loss After an insured gives notice of loss, what must he/she d...

FIELD UNDERWRITING PROCEDURES correct answers AGENT/PRODUCER Insurable Interest correct answers policy owner who faces losing something of value in the event of a loss Insurer correct answers principle Contract Law correct answers Elements of a Contract Agreement correct answers Acceptan...

Which Accident and Health policy provision addresses preexisting conditions? correct answers Time Limit on Certain Defenses Which of the following individual health insurance policies will provide the broadest protection? correct answers Major Medical Which of the following situations does NOT...