100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
FLORIDA LIFE AND HEALTH 2-15 FINAL EXAM 300+ QUESTIONS AND CORRECT DETAILED ANSWERS UPDATE ALREADY A GRADED VERIFID BY EXPERTS $18.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. FLORIDA LIFE AND HEALTH 2-15
  4.  
  5. FLORIDA LIFE AND HEALTH 2-15

Exam (elaborations)

FLORIDA LIFE AND HEALTH 2-15 FINAL EXAM 300+ QUESTIONS AND CORRECT DETAILED ANSWERS UPDATE ALREADY A GRADED VERIFID BY EXPERTS

1 review
 212 views  0 purchase
  • Course
  • FLORIDA LIFE AND HEALTH 2-15
  • Institution
  • FLORIDA LIFE AND HEALTH 2-15

FLORIDA LIFE AND HEALTH 2-15 FINAL EXAM 300+ QUESTIONS AND CORRECT DETAILED ANSWERS UPDATE ALREADY A GRADED VERIFID BY EXPERTS

Preview 3 out of 28  pages

Document information

  • January 6, 2024
  • 28
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers

Subjects

  • florida life and health
  • florida life and health 2 15 final exam 300 quest
  • florida life and health 2 15
  • florida life and health 2 15 final exam

Written for

  • FLORIDA LIFE AND HEALTH 2-15
  • FLORIDA LIFE AND HEALTH 2-15

1  review

review-writer-avatar

By: 247study • 7 months ago

Seller

avatar-seller
Denismunene

Reviews received

Content preview

FLORIDA LIFE AND HEALTH 2-15 FINAL EXAM 300+ QUESTIONS
AND CORRECT DETAILED ANSWERS 2023-2024 UPDATE
ALREADY A GRADED VERIFID BY EXPERTS

The COBRA gives workers (and their families) whose employment has been terminated the right to... -
CORRECT ANSWER Continue group health benefits



Under Florida law, which of the following provisions is NOT required in a Medicare Supplement policy? -
CORRECT ANSWER Limitation on pre-existing conditions for up to 12 months.



What are adjustable rates for life policy loans in Florida based on? -CORRECT ANSWER Moody's
corporate bond index



A policyowner's rights are limited under which beneficiary designation? -CORRECT ANSWER Irrevocable



A trustee-to-trustee transfer or rollover funds in a qualified plan allows a participant to avoid: -CORRECT
ANSWER Mandatory income tax withholding on the transfer amount.



J is an agent who has induced an insured through misrepresentation to surrender an existing insurance
policy. What is J guilty of? -CORRECT ANSWER Twisted (got me twisted)



Who's life is covered on a life insurance policy that contains a payor benefit clause? -CORRECT ANSWER
Child



Which of the following annuities pays benefits based on units rather that specific dollar amounts -
CORRECT ANSWER A Variable annuity



the USA Patriot Act was enacted in -CORRECT ANSWER 2001

,Which of the following factors affect the amount of monthly disability benefits payable under social
security? -CORRECT ANSWER The THE AMOUNT OF BENEFITS AVAILABLE from other sources




Which of these types of coverage is best described as a short term medical policy -CORRECT ANSWER
INTERIM coverage



Which of the following provisions specifies how long a policy owner's health coverage will remain in
effect if the policy owner does not pay the premium when it is due? -CORRECT ANSWER Grace period



As a condition for a loan, a bank requires the borrower to purchase credit insurance from a specific
company. What is the bank guilty of? -CORRECT ANSWER Coercion




What type of rider would be added to an Accident and Health Policy if the policy owner wants to ensure
the policy will continue if he/she ever becomes totally disabled? -CORRECT ANSWER Waiver of Premium
Rider

A physician opens up a new practice and qualifies for a $7,000/monthly Disability income policy. What
rider would the physician add if he wants the ability to increase his policy benefits as his practice and
income grow? -CORRECT ANSWER Guaranteed insurability option rider




A Disability Income policyowner suffers a disability which was due to the same cause as a previous
disability. Both disabilities occurred within a five-month period. The insurer may cover the second
disability without a new elimination period under the: -CORRECT ANSWER Recurrent disability provision



What is the purpose of the Life and Health Insurance Guaranty Association? -CORRECT ANSWER Protect
policy owners against insolvent insurance companies

, In Florida, which of the following practitioners normally do NOT receive payment from health insurance
policies? -CORRECT ANSWER Naturopaths



S would like to use dividends from her life insurance policy to purchase paid-up additions. All of these
would be factors that determine how much coverage can be purchased EXCEPT -CORRECT ANSWER S's
attained age



In regards to representations or warranties which of these statements is true -CORRECT ANSWER if
materialto the Risk, false representation will void the policy



Which of these action should be a producer take went to submitting and insurance application to an
insurer? -CORRECT ANSWER Inform insure relevant information not included on the application



An immediate annuity consist of a: -CORRECT ANSWER Single premium



A life insurance application must be signed by all of these except -CORRECT ANSWER The beneficiary
(kid)



Additional coverage can be added to a whole life policy by adding a(n): -CORRECT ANSWER Decreasing
term rider



Under what system do a group of doctors and hospitals in a designated area contact with an insurer to
provide any service to a prearrange cost to the insured -CORRECT ANSWER PPO



W is a 39-year-old female who just purchased an annuity to provide income for life starting at age 60. All
of these would be acceptable annuity choices except -CORRECT ANSWER Immediate annuity



Florida 14 day free look period for life insurance policy begins at the -CORRECT ANSWER Date of delivery

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Denismunene. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $18.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

78998 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling

Recently viewed by you

Exam (elaborations) ·

(1)

{NGN}ATI MATERNAL NEWBORN PROCTORED EXAM RETAKE 2023-2024 Updated 2023 Graded A
$18.99
  • (1)
  Add to cart