Florida life and health - Study guides, Class notes & Summaries

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...

___ of personal life insurance premiums is usually deductible for federal income tax purposes Ans 0% A ____ day notice to the policyholder is required for any health insurer that wishes to cancel a health insurance policy Ans 45 A _____ annuity pays benefits based on units rather than stated dollar amount Ans Variable A 55 year old recently received a $30,000 distribution from a previous employer's 401k plan, minus $6,000 withholding. Which federal taxes apply if non of the funds wer...

FLORIDA LIFE AND HEALTH INSURANCE EXAM 2024/2025

FLORIDA LIFE AND HEALTH FINAL EXAM QUESTIONS AND ANSWERS//ALREADY GRADED A+ FLORIDA LIFE AND HEALTH FINAL EXAM QUESTIONS AND ANSWERS//ALREADY GRADED A+ FLORIDA LIFE AND HEALTH FINAL EXAM QUESTIONS AND ANSWERS//ALREADY GRADED A+ FLORIDA LIFE AND HEALTH FINAL EXAM QUESTIONS AND ANSWERS//ALREADY GRADED A+

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

FLORIDA LIFE AND HEALTH FINAL EXAM QUESTIONS AND ANSWERS//ALREADY GRADED A+ FLORIDA LIFE AND HEALTH FINAL EXAM QUESTIONS AND ANSWERS//ALREADY GRADED A+ FLORIDA LIFE AND HEALTH FINAL EXAM QUESTIONS AND ANSWERS//ALREADY GRADED A+ FLORIDA LIFE AND HEALTH FINAL EXAM QUESTIONS AND ANSWERS//ALREADY GRADED A+

Florida Life and Health Insurance Questions With Complete Solutions

XCEL 2-15 FLORIDA LIFE & HEALTH STATE EXAM SIMULATOR 2024 WITH 197 CORRECTLY ANSWERED QUESTIONS is considered to be a characteristic of an immediate annuity: benefit payments start within one payment period of purchase of these characteristics is consistent with a straight life policy: pre- miums are payable for as long as there is insurance coverage in force insureds inability to perform two or more activities of daily living may trigger which type of life policy rider: long term care...

FLORIDA LIFE AND HEALTH INSURANCE

Florida Life and Health Final Exam 150 Questions with Verified Answers