Florida insurance laws - Study guides, Class notes & Summaries

Florida Laws and Rules Pertinent to Insurance CH. 8 Already Graded A 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 cancellation provisions Projection of the policy's future costs A person insured under a health policy is required to give the insurance company a Notice o...

FLORIDA LAWS AND RULES PERTINENT TO INSURANCE EXAM WITH CORRECT 120+ QUESTIONS WITH CORRECTRY ANALYZED ANSWERS (ACTUAL EXAM) ALREADY GRADED A+ LATEST 2024

Florida Laws and Rules Pertinent to Insurance Exam Questions Answered (50 Questions)

Florida Board of PT Laws and Rules correctly answered to pass 2023Endorsement - correct answer licensure granted by the board persuant to the provisions of 486.081 or 486.087 Practitioner of record - correct answer 458 md 459 osteopathic 460 chiropractor 461 podiatrist 466 dentist Board of PT practice # of members - correct answer 7 Board of PT practice members - correct answer 5 PTs (at least 4 years) - 1 may be a full time faculty member 2 never been licensed health care praction...

8 - FLORIDA LAWS AND RULES PERTINENT TO INSURANCE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ A mutual insurance company and a stock insurance company have one main difference between them. What is this major contrast? Stock company is owned by its shareholders. Mutual company is owned by its policyholders. Which of the following situations does NOT apply to the Florida Replacement Rule? *An existing policy is reissued with a reduction in cash value *A new policy is is...

8 - Florida Laws and Rules Pertinent to Insurance8 - Florida Laws and Rules Pertinent to Insurance8 - Florida Laws and Rules Pertinent to Insurance

Which of the following is NOT an example of a producer's breach of contract under fiduciary duty? Misappropriation of premiums commingling premiums improper withholding of premiums allowing premiums to be submitted electronically - Precise Answer allowing premiums to be submitted electronically Nevada Requires that coverage for newborns begins "from the moment of birth" and a premium must be paid within: 31 days 90 days 6 months 12 months - Precise Answer 31 days A foreign insur...

Unauthorized entities present a regulatory concern because they have the potential for __________ claims. - Unauthorized entities present a regulatory concern because they have the potential for unpaid claims. True or False? Willfully over insuring a health or property policy can be grounds for terminating an insurance license. - True. Willfully over insuring a health or property policy can be grounds for terminating an insurance license. The following are required to be on an application of i...

Florida Laws and Rules Pertinent to Insurance Ch. 8 Already Passed How many hours of continuing education must a newly licensed agent complete every two years 24 A variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as a(n) broker dealer Which of the following documents must an agent submit to the replacing insurance company during the replacement of an existing life insurance policy? Notice to existing and replacing insurers of intentio...

Florida statues, rules, and regulations common to all lines (4) Questions and Answers The office of insurance regulation is responsible for all of the following insurer activities EXCEPT {{Correct Ans- Issue of securities Which of the following is NOT a responsibility of the office of insurance regulations? {{Correct Ans- Enacting new insurance laws What are the 2 offices of financial services commission? {{Correct Ans- The Office of Financial Regulation and the Office of Insurance Regula...