Florida Health and Life Insurance State Practice Exam
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Florida Health and Life Insurance State Practice Exam
- Which Accident and Health policy provision addresses preexisting conditions?
Answer: Time Limit on Certain Defenses
- Which of the following individual health insurance policies will provide the broadest
protection?
Answer: Major Medical
- Which of the following situations does NOT apply to the Florida Replacement Rule?
Answer: An existing policyholder purchases an additional policy from the same insurer
- Agent J takes an application and initial premium from an applicant and sends the
application and premium check to the insurance company. The insurance company returns the check back to J because the check is made out to J instead of the insurance company. What action should J take?Answer: Return to the customer, collect a new check made out to the insurance company, and send the new check out to the insurance company
- Under which of the following circumstances will the benefits under COBRA continuation
coverage end?
Answer: All group health plans are terminated by the employ- er
- Which type of renewability best describes a Disability Income policy that covers an
individual until the age of 65, but the insurer has the right to change the premium rate for the overall risk class?
Answer: Garunteed Renewable
- An incomplete life insurance application submitted to an insurer will result in which of
these actions?
Answer: Application will be returned to the writing agent
- The waiting period for a pre-existing condition under a Medicare Supplement policy may
NOT go beyond
Answer: 6 Months
- Which of these statements is INCORRECT regarding the federal income tax treatment of life
insurance?
Answer: Entire cash surrender value is taxable
- Which of these is considered a mandatory provision?
Answer: Payment of Claims
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