State RegulationsFL specificDifficulty 1/5
How is the amount of dependent life coverage under a Florida group life plan typically set?
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Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
Under Chapter 627, Florida Statutes, dependent life coverage under a group plan is a supplemental benefit typically written in smaller amounts than the employee's own coverage - a flat amount for a spouse or child, or a percentage of the employee's benefit, as the plan's schedule provides. Dependents do not choose their own amounts, and the coverage is defined by the plan rather than open-ended employee selection.
Why the other options are wrong
- A) Dependent coverage is supplemental and smaller - it does not mirror the employee's full face amount.
- C) Dependents do not select their own coverage amounts; the employee elects within the plan's schedule.
- D) There is no unlimited annual selection; the plan's benefit schedule fixes the available amounts.
Memory hook
Dependent amounts ride at a discount: flat or a fraction.