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Florida Insurance Regulations Practice Questions — Page 4 of 12

600 free Florida-specific insurance regulation questions for the Florida Life & Health exam — page 4.

  1. 151.Within the Department of Financial Services, the consumer services function primarily assists insurance con…
    Difficulty 1/5FL specific
  2. 152.A Florida resident misses the due date for a premium on her individual life policy; it is not the first pre…
    Difficulty 1/5FL specific
  3. 153.Who prepares the Policy Summary for a Florida life insurance sale?
    Difficulty 1/5FL specific
  4. 154.A Florida policyowner can no longer pay premiums on her whole life policy but wants the coverage to continu…
    Difficulty 3/5FL specific
  5. 155.Which division within the Florida Department of Financial Services investigates suspected insurance fraud?
    Difficulty 1/5FL specific
  6. 156.An employee asks her Florida agent which rules apply to her employer's NON-grandfathered group health plan.…
    Difficulty 3/5FL specific
  7. 157.What must a Florida Medicare supplement policy itself contain, prominently, regarding cancellation by the i…
    Difficulty 2/5FL specific
  8. 158.Besides employer-employee groups, which of the following may also be eligible for group life coverage in Fl…
    Difficulty 2/5FL specific
  9. 159.An insurer is incorporated in London under the laws of the United Kingdom and is admitted to transact insur…
    Difficulty 2/5FL specific
  10. 160.What must the outline of coverage for a Florida long-term care policy describe?
    Difficulty 1/5FL specific
  11. 161.Following a Department of Financial Services investigation, a Florida agent is found to have committed a no…
    Difficulty 3/5FL specific
  12. 162.A market conduct examination finds that an insurer systematically mishandled claims. What may the Office of…
    Difficulty 2/5FL specific
  13. 163.Which of the following is a ground on which a Florida small employer health carrier may lawfully refuse to …
    Difficulty 3/5FL specific
  14. 164.An applicant in Florida is replacing an existing life insurance policy. The replacing insurer would like to…
    Difficulty 3/5FL specific
  15. 165.An agent continues the practices prohibited by a cease-and-desist order issued by Florida regulators. Under…
    Difficulty 2/5FL specific
  16. 166.A Florida mutual life insurer earns more than expected and returns part of that surplus to its owners. Who …
    Difficulty 2/5FL specific
  17. 167.Which statement correctly distinguishes continuation from conversion for group health coverage in Florida?
    Difficulty 3/5FL specific
  18. 168.A Florida resident discovers that her agent fabricated signatures on annuity applications and reports it to…
    Difficulty 2/5FL specific
  19. 169.Under Florida law, the availability of coverage requirement for small employer health insurance means that:
    Difficulty 1/5FL specific
  20. 170.A Florida agent presents a health insurance policy to a prospect using the insurer's outline of coverage. W…
    Difficulty 2/5FL specific
  21. 171.A Florida agent is convicted of a crime after licensure. What must the agent do?
    Difficulty 2/5FL specific
  22. 172.Which of the following is an agency action the Office of Financial Regulation may take against a state-char…
    Difficulty 1/5FL specific
  23. 173.A Florida life agent signs an applicant's name on a life insurance application without the applicant's know…
    Difficulty 3/5FL specific
  24. 174.A Florida man turned 65 in January but did not enroll in Medicare Part B until his retirement 6 months late…
    Difficulty 2/5FL specific
  25. 175.Before a newly formed life insurance company may lawfully sell policies in Miami, what must it obtain from …
    Difficulty 2/5FL specific
  26. 176.Which personal qualification must a Florida insurance license applicant meet?
    Difficulty 1/5FL specific
  27. 177.An insured asks her agent in writing to cancel a policy before its expiration date. Under Florida's rules o…
    Difficulty 2/5FL specific
  28. 178.Which statement about provisions in Florida individual life policies is correct under Florida's standard pr…
    Difficulty 1/5FL specific
  29. 179.A Florida consumer already owns a Medicare supplement policy. Why should an agent NOT sell her a second one…
    Difficulty 2/5FL specific
  30. 180.Which of the following is a duty of the REPLACING insurer in a Florida replacement transaction?
    Difficulty 2/5FL specific
  31. 181.Which statement about Florida's Chief Financial Officer is correct?
    Difficulty 2/5FL specific
  32. 182.A Florida agent holds the life and health agent license that includes annuities and variable contracts. Wha…
    Difficulty 2/5FL specific
  33. 183.In Florida insurance regulation, 'controlled business' means
    Difficulty 1/5FL specific
  34. 184.Under Florida law, rebating by an agent occurs when the agent
    Difficulty 1/5FL specific
  35. 185.Which statement about a Florida licensee's duty to reply to regulators is correct?
    Difficulty 3/5FL specific
  36. 186.A Tampa agent collects a client's monthly premium. Until the funds are forwarded to the insurer, the agent …
    Difficulty 2/5FL specific
  37. 187.A Florida employee declines her small employer's group health plan because she is insured under her spouse'…
    Difficulty 3/5FL specific
  38. 188.To promote her long-term care lines, a Florida agent wants to give small promotional gifts to prospects dur…
    Difficulty 2/5FL specific
  39. 189.A Florida agent who is short of operating cash 'borrows' premium money held in the agency's trust account f…
    Difficulty 2/5FL specific
  40. 190.A candidate for a Florida insurance license asks why the state requires agents to hold a license at all. Th…
    Difficulty 1/5FL specific
  41. 191.After consumer complaints about an insurer's claim practices, the Office of Insurance Regulation opens an i…
    Difficulty 2/5FL specific
  42. 192.An agent in Miami sells a long-term care policy but never gives the applicant the required buyer's guide or…
    Difficulty 2/5FL specific
  43. 193.A Florida long-term care policy conditions eligibility for benefits on prior institutionalization. Under Fl…
    Difficulty 2/5FL specific
  44. 194.A Florida Medicare supplement advertisement displays the federal Medicare card and describes the product as…
    Difficulty 2/5FL specific
  45. 195.Which of the following is coercion under Florida law, rather than a lawful business practice?
    Difficulty 3/5FL specific
  46. 196.Under Florida law, what is the maximum value of an advertising gift that an agent may give to one insured o…
    Difficulty 1/5FL specific
  47. 197.What is a Medicare Advantage plan?
    Difficulty 1/5FL specific
  48. 198.A Jacksonville employer's group life plan requires employees to pay part of the premium. What kind of plan …
    Difficulty 2/5FL specific
  49. 199.Priya is named secondary addressee on her father's Florida life policy after he moves away without leaving …
    Difficulty 2/5FL specific
  50. 200.A Florida insurer sells Medicare supplement policies through direct mail solicitation. Which statement abou…
    Difficulty 3/5FL specific