Chapter Exam 10: Florida
Laws and Rules Test
Questions and Answers
Denning [Date] [Course title]
, Under an Individual Disability policy in Florida, what is the minimum schedule of time in which claims
must be made to an insured? - Correct Answers: Monthly
Under which circumstance may a licensed agent in Florida represent an unauthorized entity? - Correct
Answers: Never
Which department oversees 'Market Conduct Examinations' in Florida? - Correct Answers: Office of
Insurance Regulation
Which of the following is NOT required in the Outline of Coverage for a health insurance policy? -
Correct Answers: Projection of the policy's future costs
According to Florida law, which of the following statements accurately describes an admitted mail order
insurance company? - Correct Answers: It may solicit business by mail without the assistance of a
licensed agent
Insurance companies that are organized in countries outside the United States are referred to as -
Correct Answers: Alien
The Department of Financial Services serves as the receiver of any insurer placed into: - Correct
Answers: Receivership
The act of an insurance company publishing misleading information about its policy's provisions is called
- Correct Answers: False advertising
Association Plans that are designed to provide health benefits to their members are regulated by the
state because - Correct Answers: They are insured by an authorized insurer
Who is a mutual insurance company owned by? - Correct Answers: Its policyholders
The Bureau of Unclaimed Property is overseen by the - Correct Answers: Chief Financial Officer
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