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CH 8 Florida Laws & Rules Pertinent to Insurance Test Questions and Answers.
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CH 8 Florida Laws & Rules Pertinent to Insurance Test Questions and Answers.
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CH 8 Florida Laws & RulesPertinent to Insurance Test
Questions and Answers
Denning [Date] [Course title]
, In Florida, what is the maximum percentage of controlled business an agent may produce? - Correct
Answers: 50%
Which Unfair Trade Practice involves an agent telling a prospective client that a policy's dividends are
guaranteed? - Correct Answers: Misrepresentation
In Florida, the underwriting and issuance of a master group health policy requires that all employees -
Correct Answers: are eligible to participate, regardless of their individual health history
An agent's license can be suspended or revoked by - Correct Answers: writing primarily controlled
business
Under Florida law, which of the following provisions is NOT required in a Medicare Supplement policy? -
Correct Answers: Limitation on pre-existing conditions for up to 12 months
Which Unfair Trade Practice involves making a false statement on an insurance application in order to
receive money from an insurer? - Correct Answers: Misrepresentation
During the application process, the agent's primary responsibility is to - Correct Answers: the insurance
company
Defamation occurs when an agent makes a false statement intended to - Correct Answers: malign
another insurer
An agent selling Medicare Supplement policies must provide every applicant with a(n) - Correct
Answers: Suitability form
The minimum age at which a person can sign a life insurance application is - Correct Answers: 15 years
According to Florida law, when must an agent deliver the Outline of Coverage to a Medicare Supplement
applicant? - Correct Answers: At the time of application
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