Florida Insurance Regulations Practice Questions
600 free Florida-specific insurance regulation questions — licensing rules, replacement regulations, unfair practices, and FL insurance code duties tested on the Florida Life & Health exam. Nationally applicable material lives in the other domains.
- 1.An applicant knowingly states on a life insurance application that she has never been treated for a heart c…Difficulty 2/5FL specific
- 2.A new employee at a Miami insurance agency is confused about Florida's regulatory structure. Which of the f…Difficulty 2/5FL specific
- 3.A Miami agent collects the initial premium and gives the applicant a binding receipt, but never forwards th…Difficulty 2/5FL specific
- 4.Which statement correctly distinguishes authorized (admitted) insurers from unauthorized (non-admitted) ins…Difficulty 3/5FL specific
- 5.A policyowner in Tampa receives a newly delivered Florida long-term care policy and decides to return it fo…Difficulty 3/5FL specific
- 6.Upon receiving the signed Form OIR-B2-312 in a Florida replacement transaction, what must the replacing ins…Difficulty 2/5FL specific
- 7.In a Florida replacement, the existing insurer receives Form OIR-B2-312 from the replacing insurer, and the…Difficulty 3/5FL specific
- 8.A Florida agent has been licensed for 5 years. Which statement about her continuing education requirement i…Difficulty 3/5FL specific
- 9.Which of the following is NOT a nonforfeiture option in a Florida life policy?Difficulty 1/5FL specific
- 10.A Florida consumer wants to check an agent's license status, report suspected insurance fraud, and get help…Difficulty 2/5FL specific
- 11.A labor union wants to obtain group life insurance for its members in Florida. Which statement is correct?Difficulty 1/5FL specific
- 12.Under Florida law, the requirements for small employer health insurance apply to an employer that:Difficulty 1/5FL specific
- 13.Which provision, if included in a Florida health insurance policy, would violate the state's prohibited-pro…Difficulty 2/5FL specific
- 14.During a Department of Financial Services investigation, a Florida agent admits that in a face-to-face Medi…Difficulty 2/5FL specific
- 15.Under Florida small employer rules, an employee who is eligible for the employer's group health plan:Difficulty 1/5FL specific
- 16.A Florida resident under age 65 receives Medicare because of a disability. What open enrollment right does …Difficulty 3/5FL specific
- 17.An agent uses the cash value of a client's existing life insurance policy to purchase additional coverage f…Difficulty 3/5FL specific
- 18.Under Fla. Stat. 626.9541(1)(m), an agent may give an insured an advertising gift without violating the reb…Difficulty 1/5FL specific
- 19.An Exclusive Provider Organization (EPO) is best described as a plan that:Difficulty 2/5FL specific
- 20.When a Florida agent takes an insurance application from a prospect, which practice complies with Florida law?Difficulty 2/5FL specific
- 21.Which statement about exclusions in Florida Medicare supplement policies is correct?Difficulty 2/5FL specific
- 22.How does a continuing care retirement community arrangement fundamentally differ from a long-term care insu…Difficulty 2/5FL specific
- 23.An aging Florida LTC policyowner has designated her adult child as secondary addressee. When a premium beco…Difficulty 2/5FL specific
- 24.Which of the following best describes an unlicensed entity in Florida insurance law?Difficulty 3/5FL specific
- 25.An insurer is organized under the laws of Georgia and is authorized to transact insurance in Florida. To Fl…Difficulty 2/5FL specific
- 26.Which statement about Florida agent license types is correct?Difficulty 2/5FL specific
- 27.Under Florida's fair marketing standards, an agent marketing a small employer health plan to a business owner:Difficulty 1/5FL specific
- 28.An agent is short of operating cash and transfers $100 from the agency trust account to her personal accoun…Difficulty 2/5FL specific
- 29.What is the purpose of the secondary addressee provision available in Florida life policies?Difficulty 1/5FL specific
- 30.A Florida agent recommends an expensive policy to a client solely because it pays the highest commission, e…Difficulty 2/5FL specific
- 31.In Florida health coverage terminology, a traditional indemnity plan is best described as:Difficulty 1/5FL specific
- 32.A Florida agent wants to advertise a life insurance product in a local newspaper. Which statement is correct?Difficulty 2/5FL specific
- 33.A beneficiary wants a guaranteed income for the rest of her life from a Florida life policy's death proceed…Difficulty 1/5FL specific
- 34.A Florida insurer wants to test a health insurance applicant for HIV as part of underwriting. Under Florida…Difficulty 2/5FL specific
- 35.A Florida small employer asks its group health carrier to drop one employee from the plan because that empl…Difficulty 2/5FL specific
- 36.A Florida agent meets with a prospect who is ready to pay the initial premium on an ordinary individual lif…Difficulty 2/5FL specific
- 37.Which of the following events, occurring after licensure, is a ground for the Department of Financial Servi…Difficulty 1/5FL specific
- 38.What is the purpose of the Buyer's Guide for long-term care insurance in Florida?Difficulty 1/5FL specific
- 39.How is group blanket health insurance best defined under Florida law?Difficulty 1/5FL specific
- 40.Which of the following is a general duty of the Florida Office of Financial Regulation?Difficulty 1/5FL specific
- 41.Under Florida law, coercion in insurance marketing meansDifficulty 1/5FL specific
- 42.Before transacting insurance in Florida, an insurer must hold a certificate of authority. Which office issu…Difficulty 1/5FL specific
- 43.Before the effective date of her new Florida Medicare supplement policy, a consumer had been treated for a …Difficulty 3/5FL specific
- 44.A Miami agent delivers the Buyer's Guide but forgets the Policy Summary, and the insurer accepts the initia…Difficulty 2/5FL specific
- 45.A Florida agent receives an inquiry from the Department of Financial Services concerning a consumer's compl…Difficulty 2/5FL specific
- 46.A covered employee gets married and wants to add his new wife to his Florida employer's group life dependen…Difficulty 2/5FL specific
- 47.A Florida agent includes a supplemental accident coverage in an application without the applicant's request…Difficulty 3/5FL specific
- 48.Medicare supplement policies sold in Florida are standardized into plans identified by which range of letters?Difficulty 1/5FL specific
- 49.In a Florida replacement transaction, the existing insurer receives a copy of Form OIR-B2-312 accompanied b…Difficulty 3/5FL specific
- 50.A Florida insurer charges two groups of policyholders with identical loss exposures substantially different…Difficulty 2/5FL specific