Florida replacement rule - Study guides, Class notes & Summaries

Florida Life and Health Insurance Practice Questions With Complete Solutions 30 Within how many days must a licensee notify the Department of Financial Services of a change in address? All of the following entries are classified under the four principal areas of Florida insurance law EXCEPT... An agent's commission Which of the following factors is NOT considered when the Department of Financial Services determines if an agent's home is an insurance agency? The amount of pr...

XCel 2-15 florida life & health state exam simulator graded A+ What is considered a characteristic of an immediate annuity? ️ Benefit payments start within one payment period of purchase. Which of these characteristics is consistent with a straight life policy? ️ Premiums are payable for as long as there is insurance coverage in force. An insured's inability to perform two or more activities of daily living may trigger which type of life policy rider? ️ Long term care....

XCel 2-15 Florida Life & Health State Exam simulator Questions and Answers Latest. what is considered to be a characteristic of an immediate annuity benefit payments start within one payment period of purchase 3 MULTIPLE CHOICE OPTIONS which of these characteristics is consistent with a straight life policy premiums are payable for as long as there is insurance coverage in force 3 MULTIPLE CHOICE OPTIONS an insureds inability to perform two or more activities of daily living may trigger w...

Florida Life and Health Insurance practice questions| 2023/24 latest | full testbank Within how many days must a licensee notify the Department of Financial Services of a change in address? - 30 All of the following entries are classified under the four principal areas of Florida insurance law EXCEPT... - An agent's commission Which of the following factors is NOT considered when the Department of Financial Services determines if an agent's home is an insurance agency? - The amount of ...

peril - ANSWER the immdeiate specific event causing loss and giving rise to risk hazard - ANSWER any factor that gives rise to a peril physical hazard - ANSWER individual characteristics that increase chance of peril *physical condition, past medical history, condition at birth moral hazard - ANSWER tendencies that people may have that increase risk and chance of loss *drug addiction and alcholism morale hazard - ANSWER individual tendencies that arise from an attitude or state of m...

Florida Health and Life Insurance State Exam Practice Part 1 Which 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 additional policy from the same insurer ...

Florida Health and Life Insurance State Exam Practice Part 1 (Questions and Answers, 100% Correct) Latest 2023/2024 Florida Health and Life Insurance State Exam Practice Part 1 (Questions and Answers, 100% Correct) Latest 2023/2024 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 do...

A life policy loan in Florida cannot charge a fixed rate of interest higher than 7% 8% 9% 10% - ###10% If an agent combines premiums collected with their personal funds, they have engaged in Twisting commingling defamation Rebating - ###commingling According to Florida's life insurance replacement laws, a policyowner must be provided with a written Comparison and Summary Statement when it's requested by The policyowner The insurer The chief financial officer - ###The policyown...