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Florida Insurance Regulations Practice Questions — Page 3 of 12

600 free Florida-specific insurance regulation questions for the Florida Life & Health exam — page 3.

  1. 101.In Florida, when is an insurance agency license required?
    Difficulty 1/5FL specific
  2. 102.Under Florida's replacement rules, what must accompany an application that will replace an existing life in…
    Difficulty 1/5FL specific
  3. 103.A Florida senior hesitates to switch Medicare supplement policies because she fears her diabetes waiting pe…
    Difficulty 2/5FL specific
  4. 104.Under Florida law, may an insurer cancel or refuse to renew a long-term care policy because the insured has…
    Difficulty 2/5FL specific
  5. 105.What is the purpose of a market conduct examination conducted by the Office of Insurance Regulation?
    Difficulty 1/5FL specific
  6. 106.An elderly Tampa policyowner worries that if he forgets a premium, his policy will lapse before his daughte…
    Difficulty 2/5FL specific
  7. 107.In presenting a Medicare supplement policy to a Florida consumer, what must the agent do with the outline o…
    Difficulty 2/5FL specific
  8. 108.A Florida policyowner chooses the cash surrender nonforfeiture option. What happens?
    Difficulty 1/5FL specific
  9. 109.A Florida health policy was issued more than 2 years ago. Under Fla. Stat. 627.607, after the time limit on…
    Difficulty 3/5FL specific
  10. 110.A newly licensed Florida agent writes nearly all of his business on his own real estate holdings and on com…
    Difficulty 2/5FL specific
  11. 111.When recommending an annuity to a Florida consumer, what standard must the agent's recommendation meet?
    Difficulty 1/5FL specific
  12. 112.A Florida health insurer wants to change the premium rates and revise the policy form for a product sold in…
    Difficulty 2/5FL specific
  13. 113.An insurer organized under the laws of the United Kingdom holds a Florida certificate of authority and tran…
    Difficulty 3/5FL specific
  14. 114.After a Miami agency owner dies suddenly, his longtime employee applies for a temporary license to service …
    Difficulty 2/5FL specific
  15. 115.What must a departing Florida employee do to actually obtain the individual policy through the group life c…
    Difficulty 2/5FL specific
  16. 116.Under Fla. Stat. 626.9601, what may the Department of Financial Services impose on a licensee who violates …
    Difficulty 1/5FL specific
  17. 117.How do Florida's grace period rules differ for an individual annuity contract compared with a life insuranc…
    Difficulty 3/5FL specific
  18. 118.A Florida consumer asks why he should buy private long-term care insurance when Medicaid pays for long-term…
    Difficulty 3/5FL specific
  19. 119.What is the legal effect of notices the insurer mails to the secondary addressee of a Florida life policy?
    Difficulty 2/5FL specific
  20. 120.A Florida employee transfers from a covered class into a position that is not covered by her employer's gro…
    Difficulty 2/5FL specific
  21. 121.A dependent child is covered under both parents' Florida group health plans, the child is not the plan subs…
    Difficulty 3/5FL specific
  22. 122.Which Florida agents may satisfy continuing education with only 10 hours, including the 4-hour update cours…
    Difficulty 3/5FL specific
  23. 123.Which statement best describes how Florida's licensing system protects insurance consumers?
    Difficulty 2/5FL specific
  24. 124.A Florida agent's supervising agent dies suddenly. Under what conditions may the agent's employee be issued…
    Difficulty 2/5FL specific
  25. 125.Which practice by a Florida agent is permitted in marketing an insurance policy?
    Difficulty 2/5FL specific
  26. 126.In Florida insurance terminology, what is a domestic company?
    Difficulty 1/5FL specific
  27. 127.To which materials do Florida's Medicare supplement advertising standards apply?
    Difficulty 1/5FL specific
  28. 128.After a member insurer is liquidated, the Florida Insurance Guaranty Association covers basic hospital, bas…
    Difficulty 3/5FL specific
  29. 129.Which statement about insurance advertising is correct under Florida law?
    Difficulty 2/5FL specific
  30. 130.In Florida life insurance, what does an assignment of policy proceeds accomplish?
    Difficulty 1/5FL specific
  31. 131.A health insurance policy delivered in Florida contains a provision that conflicts with the state's prohibi…
    Difficulty 2/5FL specific
  32. 132.A Florida agent currently represents Insurer A and wants to add appointments with Insurers B and C, which a…
    Difficulty 1/5FL specific
  33. 133.Which exclusion is PROHIBITED in a Florida Medicare supplement policy?
    Difficulty 3/5FL specific
  34. 134.A Florida consumer buys a discount medical plan membership and then visits a participating physician. What …
    Difficulty 2/5FL specific
  35. 135.Under Florida law, what is the maximum rate of interest an annuity contract may charge on an overdue premiu…
    Difficulty 3/5FL specific
  36. 136.A Florida agent spreads knowingly false statements about a competing insurer's financial condition to persu…
    Difficulty 1/5FL specific
  37. 137.After a hearing, the Office of Insurance Regulation finds that an insurer has repeatedly engaged in an unfa…
    Difficulty 2/5FL specific
  38. 138.A Florida applicant completed the 60-hour prelicensing course a while ago and has not yet applied for the l…
    Difficulty 2/5FL specific
  39. 139.The applicant in a Florida replacement transaction requests the Comparative Information Form, and the polic…
    Difficulty 3/5FL specific
  40. 140.A Florida agent takes a Medicare supplement application during an in-person sales call that is not a direct…
    Difficulty 1/5FL specific
  41. 141.A consumer asks a Florida agent how a Medicare Advantage plan differs from original Medicare with a supplem…
    Difficulty 3/5FL specific
  42. 142.Under Florida law, who is responsible for paying the $60 appointment and renewal charge when an insurer app…
    Difficulty 2/5FL specific
  43. 143.Elena is the irrevocable beneficiary of Dan's Florida life policy. Dan and Elena divorce, and Dan now wants…
    Difficulty 3/5FL specific
  44. 144.An agent tells a policyowner that her current insurer is about to stop doing business in Florida and that h…
    Difficulty 2/5FL specific
  45. 145.Following a stroke, a Florida policyowner needs help bathing, dressing, and moving from bed to chair, but r…
    Difficulty 2/5FL specific
  46. 146.A Florida LTC insured develops dementia, stops opening his mail, and a premium goes unpaid. Under Florida's…
    Difficulty 2/5FL specific
  47. 147.A Florida applicant's insurance-related HIV test returns a positive result. Under Florida's HIV and AIDS re…
    Difficulty 2/5FL specific
  48. 148.How does a prepaid (limited) health service organization differ from a comprehensive HMO under Florida law?
    Difficulty 3/5FL specific
  49. 149.Which of the following is NOT unfair discrimination under Florida law?
    Difficulty 2/5FL specific
  50. 150.The Office of Insurance Regulation conducts market conduct examinations of insurers primarily to
    Difficulty 2/5FL specific