Florida life and - Study guides, Class notes & Summaries

Florida Life and Health Insurance Latest Update Graded A+ Insured The person covered by the insurance policy. Rider A written modification attached to a policy that increases or decreases coverage and/or premiums. What is a unilateral contract? A contract in which only one of the parties is legally bound to fulfill its obligations. What law protects consumers from the circulation of inaccurate or obsolete information? The Fair Credit Reporting Act. What are the three types of agent authority...

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Final Exam - Florida Life and Health Questions and Answers Rated A Which Unfair Trade Practice involves making a false statement on an insurance application in order to receive money from an insurer? Misrepresentation Who owns a stock company? A stock insurance company is owned by its stockholders. In Florida, which of the following is considered an Unfair Trade Practice? Coercion Which of these options can an individual use their medical flexible spending account to pay for? Prescription dr...

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Florida Life and Health Insurance Practice Questions with Certified Solutions Within how many days must a licensee notify the Department of Financial Services of a change in address? 30 All of the following entries are classified under the four principal areas of Florida insurance law EXCEPT... An agent's commission Which of the following factors is NOT considered when the Department of Financial Services determines if an agent's home is an insurance agency? The amount of premium collected ...

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REAL FLORIDA LIFE AND HEALTH 2-15 EXAMS 200 QUESTIONS AND CORRECT DETAILED ANSWERS UPDATE ALREADY A GRADED ..

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Florida Life and Health Insurance 2-15 Study Exam|165 Questions with Verified Answers. N is covered by a Term Life policy and does not make the required premium payment which was due August 1. N dies September 15. What action will the insurer take? ️ Claim will be denied. A contract where one party either accepts or rejects the terms of a contract written by another party is called a contract of ️ adhesion All of the following statements about Major Medical benefits are true, EXCEPT:...

Exam Simulator- Florida Life and Health State Exam Simulator Latest 2024 Graded A Which of the following statements about guaranteed renewable health insurance policy is correct? Premiums normally increase at the time of renewal. The issuer must provide a perspective buyer with an? Buyers guide and policy summary T would like to be assured $10,000 is available in 10 years to replace a roof on his house. What kind of $10,000 policy should T purchase? Ten-year Endowment According to the time p...