Florida life - Study guides, Class notes & Summaries

214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY ACTUAL EXAM UPDATED variable annuity - CORRECT ANSWER-there is no guarantee of the dollar amount of the payments, they fluctuate according to the value of an account vest primarly in common stocks join and survivor annuity - CORRECT ANSWER-covers two or more lives and contiunes in force so long as any one of them survives period certain annuity - CORRECT ANSWER-annuity imcome option that guarantees a definite minimum peroid of paymen...

A __ day notice to the policyholder is required for any health insurer that wishes to cancel a health insurance policy. Ans 45 A 15-year mortgage is best protected by what kind of life policy? Ans 15-year decreasing term A 45 year-old woman won $100,000 in a scratch-off lottery ticket. She purchased an annuity that will pay her $1,500 per month beginning at age 60. Which of these annuities did this woman purchase? Ans Deferred Fixed annuity Because the annuity will pay a fixed amount be...

Florida Life and Health Insurance Real Exam

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FLORIDA LIFE AND HEALTH FINAL EXAM

A corporation is the owner and beneficiary of the key person life policy. If the corporation collects the policy benefit, then Ans The benefit is received tax free. A couple owns a life insurance policy with a Children's Term rider. Their daughter is reaching the maximum age of dependent coverage, so she will have to convert to permanent insurance in the near future. Which of the following will she need to provide for proof of insurability? Ans Proof of insurability is not required. A c...

Florida Life, Health and Variable Annuity Exam (Latest 2025 / 2026 Update) Questions and Verified Answers | 100% Correct | Grade A 1. Florida life and health insurance exam study guide 2025 2. 2025 Florida insurance license practice questions 3. Updated Florida life and health exam answers with explanations 4. Florida insurance exam prep course with verified answers 2025 5. Best Florida life and health insurance study materials for 2025 6. Florida insurance exam rationale for difficult ques...

Which of the following types of an individual policies does NOT require a policy summary to be given? - Credit Life Which of the following is considered a producer's fiduciary responsibility? - Collect premiums and remit to the insurance company as soon as reasonably possible If an application for a producer's license has been denied, you may request a hearing within how many days after the receipt of the denial? - 30 days Which of the following activities may NOT be granted as credit for c...

FLORIDA LIFE AND HEALTH INSURANCE EXAM 2024/2025

Florida Life Insurance Exam (Latest 2025 / 2026 Update) Questions and Verified Answers | 100% Correct | Grade A 1. Florida life and health insurance exam study guide 2025 2. 2025 Florida insurance license practice questions 3. Updated Florida life and health exam answers with explanations 4. Florida insurance exam prep course with verified answers 2025 5. Best Florida life and health insurance study materials for 2025 6. Florida insurance exam rationale for difficult questions 7. 2025 Flor...