FLORIDA 240 HEALTH INSURANCE PRE-LICENSING EXAM NEWEST EXAM QUESTIONS AND CORRECT DETAILED ANSWERS LATEST (VERIFIED ANSWERS) FLORIDA 240 LICENSING EXAM 2026 BRAND NEW!!!
Who makes the legally enforceable promises in a unilateral contract? -
ANSWER-Insurance company
A policy of adhesion can only be modified by whom? - ANSWERinsurance company
When third-party ownership is involved, applicants who also happen to
be the stated primary beneficiary are required to have: - ANSWERinsurable interest in the proposed insured
Which of these is considered a statement that is assured to be true in
every aspect? - ANSWER-Warranty
Which of these require an offer, acceptance, and consideration? -
ANSWER-contract
If a contract of adhesion contains complicated language, to whom
would the interpretation be in favor of? - ANSWER-insured
Insurance contracts are known as _____ because certain future
conditions or acts must occur before any claims can be paid. - ANSWERconditional
Insurance policies are offered on a "take it or leave it" basis, which
make them: - ANSWER-Contracts of Adhesion
In regards to representations or warranties, which of these statements
is TRUE? - ANSWER-If material to the risk, false representations will void
a policy