FLORIDA HEALTH AND LIFE INSURANCE EXAM AND PRACTICE EXAM UPDATE QUESTIONS AND CORRECT DETAILED ANSWERS

FLORIDA HEALTH AND LIFE INSURANCE EXAM AND PRACTICE EXAM UPDATE QUESTIONS AND CORRECT DETAILED ANSWERS ( ANSWERS)

Which parts of a life insurance insurance policy are to be true? - ANSWER--
Warranty
Florida requires that coverage for newborns begins "from the moment of birth" and continues
for - ANSWER--18 months
Florida's 14-day free-look period for life insurance policies begins at the
- ANSWER--date of delivery
Which of the following policy provisions prohibits an insurance company from incorporating
external documents into an insurance policy? - ANSWER--Entire Contract
Periodic health claim payments MUST be made at least: - ANSWER-- monthly
A life policy loan in Florida cannot charge a fixed rate of interest higher than - ANSWER--10%
What type of group insurance plan involved employees sharing the cost?
- ANSWER--contributory plan
The Florida Employee Health Care Access Act was established to make
- ANSWER--group health insurance available to employers with up to 50 employees
Which of these is NOT a legal entity for selling insurance in Florida? - ANSWER--Risk
management advisors