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Florida Laws and Rules Pertinent to Insurance CH. 8/ Contains 55 Questions and Answers/ Already Graded A+ . $12.99
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Florida Laws and Rules Pertinent to Insurance CH. 8/ Contains 55 Questions and Answers/ Already Graded A+ .

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Terms like: Which of the following is NOT required in the Outline of Coverage for a health insurance policy? Explanation of the policy's benefits Listing of the policy's exclusions and limitations Projection of the policy's future costs Explanation of the policy's renewal and cancellatio...

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  • May 26, 2024
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  • Florida Laws and Rules Pertinent to Insurance CH.
  • Florida Laws and Rules Pertinent to Insurance CH.

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Florida Laws and Rules Pertinent to
Insurance CH. 8/ Contains 55 Questions
and Answers/ Already Graded A+ 2024-
2025.
Which of the following is NOT required in the Outline of Coverage for a health
insurance policy?


Explanation of the policy's benefits


Listing of the policy's exclusions and limitations




1|Page

,Projection of the policy's future costs


Explanation of the policy's renewal and cancellation provisions

- ANS: Projection of the policy's future costs

A person insured under a health policy is required to give the insurance company
a Notice of Claim within how many days after a covered loss?

Five

Ten

Twenty

Thirty - ANS: Twenty

What do Dread Disease policies cover?


A specific disease or illness


All diseases or illnesses


Only terminal illnesses


Only heart-related diseases - ANS: A specific disease or illness

What type of insurance company is domiciled in England, but conducts business in
Florida?


Foreign

Domestic

2|Page

, Alien



Transatlantic - ANS: Alien

A Multiple Employer Welfare Arrangement (MEWA) provides what type of
benefits?


Unemployment

Banking

Retirement

Insurance - ANS: Insurance

Which of these is NOT a legal entity for selling life insurance in Florida?




Independent agency system

Risk management advisers

Career agency system

Personal producing general agency - ANS: Risk management advisers

According to Florida law, group life insurance conversion privileges must NOT


allow the converted policy to exceed 75% of the original group life amount


3|Page

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