Florida replacement rule - Study guides, Class notes & Summaries

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Florida Laws and Rules Pertinent to Insurance Ch. 8 Already Passed
  • Florida Laws and Rules Pertinent to Insurance Ch. 8 Already Passed

  • Exam (elaborations) • 13 pages • 2024
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  • Florida Laws and Rules Pertinent to Insurance Ch. 8 Already Passed How many hours of continuing education must a newly licensed agent complete every two years 24 A variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as a(n) broker dealer Which of the following documents must an agent submit to the replacing insurance company during the replacement of an existing life insurance policy? Notice to existing and replacing insurers of intentio...
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FLORIDA LAWS AND RULES PERTINENT TO INSURANCE CH. 8 EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++
  • FLORIDA LAWS AND RULES PERTINENT TO INSURANCE CH. 8 EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++

  • Exam (elaborations) • 10 pages • 2024
  • FLORIDA LAWS AND RULES PERTINENT TO INSURANCE CH. 8 EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++ How many hours of continuing education must a newly licensed agent complete every two years 24 A variable life insurance agent must be licensed and appointed as a life and variable contract agent, as well as a(n) broker dealer Which of the following documents must an agent submit to the replacing insurance company during the replacement of an existing life insurance policy? N...
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Florida Health and Life Insurance State Exam Practice Part 1 (2023/2024) Rated A+
  • Florida Health and Life Insurance State Exam Practice Part 1 (2023/2024) Rated A+

  • Exam (elaborations) • 27 pages • 2024
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  • Florida Health and Life Insurance State Exam Practice Part 1 (2023/2024) Rated A+ Which Accident and Health policy provision addresses preexisting conditions? Time Limit on Certain Defenses Which of the following individual health insurance policies will provide the broadest protection? Major Medical Which of the following situations does NOT apply to the Florida Replacement Rule? An existing policyholder purchases an additional policy from the same insurer Agent J takes an application and in...
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Florida Health and Life Insurance State Exam Practice | 150 Questions with 100% Correct Answers | Verified | Latest Update 2024
  • Florida Health and Life Insurance State Exam Practice | 150 Questions with 100% Correct Answers | Verified | Latest Update 2024

  • Exam (elaborations) • 15 pages • 2024
  • Which Accident and Health policy provision addresses preexisting conditions? - Time Limit on Certain Defenses Which of the following individual health insurance policies will provide the broadest protection? - Major Medical Which of the following situations does NOT apply to the Florida Replacement Rule? - 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 ch...
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Florida Health and Life Insurance State Exam Practice Part 1 Question and answers rated A+ 2023/2024
  • Florida Health and Life Insurance State Exam Practice Part 1 Question and answers rated A+ 2023/2024

  • Exam (elaborations) • 15 pages • 2024
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  • Florida Health and Life Insurance State Exam Practice Part 1 Question and answers rated A+ 2023/2024Which Accident and Health policy provision addresses preexisting conditions? - correct answer Time Limit on Certain Defenses Which of the following individual health insurance policies will provide the broadest protection? - correct answer Major Medical Which of the following situations does NOT apply to the Florida Replacement Rule? - correct answer An existing policyholder purchases an add...
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Life Insurance Florida Statutes, Rules, and Regulations Exam with 100% Correct Answers | Verified & Updated
  • Life Insurance Florida Statutes, Rules, and Regulations Exam with 100% Correct Answers | Verified & Updated

  • Exam (elaborations) • 4 pages • 2024
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Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed
  • Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed

  • Exam (elaborations) • 28 pages • 2023
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  • Florida Claims Adjuster Exam, 6-20 All Lines Adjuster- Florida- Review Already Passed Peril Something that causes a loss. Hazard Something that increases the probability that a loss will occur. Warranty A policy condition, either based on information in the insureds application or inserted by the insurer. It is a guarantee of a fact. Misrepresentation An untrue statement by the insured, made in an application for insurance but which does not become a part of the policy. Concealment The fail...
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Florida Health and Life Insurance State Exam Practice | 150 Questions with 100% Correct Answers | Verified | Latest Update 2024
  • Florida Health and Life Insurance State Exam Practice | 150 Questions with 100% Correct Answers | Verified | Latest Update 2024

  • Exam (elaborations) • 15 pages • 2023
  • Which Accident and Health policy provision addresses preexisting conditions? - Time Limit on Certain Defenses Which of the following individual health insurance policies will provide the broadest protection? - Major Medical Which of the following situations does NOT apply to the Florida Replacement Rule? - 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 ch...
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3 - Laws and Rules Pertinent to Insurance Verified Answers
  • 3 - Laws and Rules Pertinent to Insurance Verified Answers

  • Exam (elaborations) • 10 pages • 2024
  • 3 - Laws and Rules Pertinent to Insurance Verified Answers 1. Which of the following is CORRECT about the replacement rule? - The replacement rule sets forth requirements and procedures for insurance companies and agents when replacing existing insurance contracts with new ones. - Correct answer: C) Instructions regarding the rule are available from appointed life insurers. 2. Florida insurance law requires that coverage be provided for a newborn baby from a covered family member for a...
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Pearson Vue A+ Compiled Questions  And Correct Answers
  • Pearson Vue A+ Compiled Questions And Correct Answers

  • Exam (elaborations) • 21 pages • 2024
  • Replacement ruleInstructions regarding the rule are available from appointed life insurers Which of the following is NOT considered to be an element of replacement?An existing policy is subjected to a loan of 10% of its value All of the following apply under the federal ERISA law EXCEPTthe Florida law on retirement plans supersedes ERISA" During what period is a new insurance policyowner entitled to review a policy and return it for a full refundWithin 14 days after delivery of the p...
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