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FLORIDA 215 EXAM () QUESTIONS WITH SOLUTIONS
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FLORIDA 215 EXAM () QUESTIONS WITH SOLUTIONS
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FLORIDA 215 EXAM (2024-2025) QUESTIONSWITH SOLUTIONS
in the naic uniform policy provisions law document, ______
policy provisions are outlined.
1) 11
2) 12
3) 23
4) 30 -<<,answers>>>23
the disability income insurance cost of living rider (cola) is
relatively:
1) difficult to get.
2) easy to get. -<<,answers>>>expensive
3) expensive.
4) inexpensive.
regarding hospital expenses, miscellaneous expense coverage
does not cover physician services:
1) unless it's an emergency.
2) even in case of an emergency.
3) unless pre-authorization is obtained.
4) unless the occurrence is life-threatening. -
<<,answers>>>even in case of an emergency
the medicare "benefit period" begins the _________ day of
hospitalization.
, FLORIDA 215 EXAM (2024-2025) QUESTIONS
WITH SOLUTIONS
1) first
2) second
3) third
4) fourth -<<,answers>>>first
the _______________ bears the investment risk in a variable
annuity.
1) insurer
2) annuitant
3) beneficiary -<<,answers>>>annuitant
rose wants an annuity to provide guaranteed income for life,
but if she dies before the funds are depleted, she wants her
daughter, as beneficiary, to receive the balance in a lump sum
payment. which type of payout option should she select?
1) straight life income annuity
2) cash refund option annuity
3) installment refund option annuity
4) period certain option annuity -<<,answers>>>cash refund
option annuity
true or false
, FLORIDA 215 EXAM (2024-2025) QUESTIONS
WITH SOLUTIONS
morbidity tables indicate the average number of individuals
from a given group who will become disabled. -
<<,answers>>>true
the ____________ determines the life insurance policy's
beneficiary.
1) insured
2) policyowner
3) insurer -<<,answers>>>policyowner
which is the proper term for a company owned by its
policyowners?
1) a legal reserve insurance company
2) a mutual insurance company
3) a stock insurance company
4) a fraternal insurance company -<<,answers>>>a mutual
insurance company
in 2012, the limit on employee deferrals to a 401(k) plan is
$_________ a year.
1) $14,000
2) $15,000
3) $16,000
4) $17,000 -<<,answers>>>$17,000
, FLORIDA 215 EXAM (2024-2025) QUESTIONS
WITH SOLUTIONS
in 2012, for family coverage, an hsa qualified high-deductible
health plan is one with a minimum deductible of ________ .
1) $1,000
2) $1,300
3) $2,000
4) $2,400 -<<,answers>>>$2,400
which answer below best describes the true effective date of a
policy?
1) the date the premium payment arrives.
2) the date the insurer accepts an offer by the applicant as
written.
3) a future date agreed upon by the insurer and the applicant.
4) the first of the month. -<<,answers>>>the date the insurer
accepts an offer by the applicant as written
true or false
group health insurers must either provide or offer chiropractic
coverage. -<<,answers>>>true
a life insurance contract is considered a valued contract
because:
1) life insurance policy premiums are costly.
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