Florida 2-15 Life Insurance License (FL 2-15) Exams | Bundled Package | Latest 2024/2025. Actual tests, FL 2,-15 insurance exams, Life and health insurance exams
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Florida 2-15 Insurance License Exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Accumulation units are converted into annuity units: - Answer -at the time of annuity payout. A group life insurance plan in which the employer pays the entire premium is known as a ___...
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Add to cartFlorida 2-15 Insurance License Exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Accumulation units are converted into annuity units: - Answer -at the time of annuity payout. A group life insurance plan in which the employer pays the entire premium is known as a ___...
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...
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Add to cartFlorida 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...
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Add to cartFlorida 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...
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Add to cartFlorida 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...
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Add to cart2-15 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...
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Add to cart215 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 ...
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Add to cartLife, 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...
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Add to cartFlorida 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...
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Add to cartFlorida 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...
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Add to cartFlorida 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...
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Add to cartFlorida 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...
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Add to cartFl 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...
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Add to cart2-15 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...
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Add to cartFlorida 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...
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Add to cartFlorida 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...
Florida 215 exam Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ According to Florida's Standard Valuation Law, the __________________ is mandatory. 1) Certificate of Authority 2) Director of the Office of Insurance Regulation 3) legal reserve - Answer -legal reserve G...
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Add to cartFlorida 215 exam Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ According to Florida's Standard Valuation Law, the __________________ is mandatory. 1) Certificate of Authority 2) Director of the Office of Insurance Regulation 3) legal reserve - Answer -legal reserve G...
FL 2-15 types of life insurance policies | Questions and Correct Solutions | latest Update 2024/2025 | Graded A+ what policy component must decrease in decreasing term insurance? - Answer -face amount can a business or a corporation be an annuitant? - Answer -no, an annuitant must always be a...
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Add to cartFL 2-15 types of life insurance policies | Questions and Correct Solutions | latest Update 2024/2025 | Graded A+ what policy component must decrease in decreasing term insurance? - Answer -face amount can a business or a corporation be an annuitant? - Answer -no, an annuitant must always be a...
FL Life and Health Insurance 2-15 Study Exam (165 questions) | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ N is covered by a Term Life policy and does not make the required premium payment which was due August 1. N dies September 15. What action will the insurer take...
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Add to cartFL Life and Health Insurance 2-15 Study Exam (165 questions) | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ N is covered by a Term Life policy and does not make the required premium payment which was due August 1. N dies September 15. What action will the insurer take...
Exam FX Chapter 2- Types of Life Insurance Policies | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ What is another name for interest-sensitive whole life insurance? - Answer -Current assumption life An insured purchased a Life Insurance policy. The agent told him that ...
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Add to cartExam FX Chapter 2- Types of Life Insurance Policies | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ What is another name for interest-sensitive whole life insurance? - Answer -Current assumption life An insured purchased a Life Insurance policy. The agent told him that ...
Florida 2-15 Overview/ Study Guide (Fool Proof Guide): Annuities | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Annuity - Answer -A savings plan within an insurance company instead of a bank. - An annuity is not considered insurance, but the life insurance industry h...
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Add to cartFlorida 2-15 Overview/ Study Guide (Fool Proof Guide): Annuities | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Annuity - Answer -A savings plan within an insurance company instead of a bank. - An annuity is not considered insurance, but the life insurance industry h...
FL 2-15 Insurance. Chapter 1 exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Purpose of Insurance - Answer -To replace the uncertainties of risk with guarantees. Purpose of Health Insurance - Answer -To offset financial loss upon the premature death of an individu...
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Add to cartFL 2-15 Insurance. Chapter 1 exam | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Purpose of Insurance - Answer -To replace the uncertainties of risk with guarantees. Purpose of Health Insurance - Answer -To offset financial loss upon the premature death of an individu...
FL 2-15 Practice | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ What type of insurance contract contains unequal contingencies on the potential for profit or loss on both parties in the contract? - Answer - Aleatory of contract There is an element of chance for both pa...
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Add to cartFL 2-15 Practice | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ What type of insurance contract contains unequal contingencies on the potential for profit or loss on both parties in the contract? - Answer - Aleatory of contract There is an element of chance for both pa...
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215 FL License exam | Questions and Correct Solutions | latest Update 2024/2025| Graded A+ Which of the following documents must an agent submit to the replacing insurance company during the replacement of an existing life insurance policy? - Answer -Notice to existing and replacing insurers of...
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Add to cart215 FL License exam | Questions and Correct Solutions | latest Update 2024/2025| Graded A+ Which of the following documents must an agent submit to the replacing insurance company during the replacement of an existing life insurance policy? - Answer -Notice to existing and replacing insurers of...
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