Florida Health And Life Insurance State Exam Practice Part 1 149 Questions And Answers
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Terms in this set
149
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 does NOT apply to the Florida Replacement Rule?
An existing policyholder purchases an additional policy from the same insurer
Agent J takes an application and initial premium from an applicant and sends the application and premium check to the insurance company. The insurance company returns the check back to J because the check is made out to J instead of the insurance company. What action should J take?
Return to the customer, collect a new check made out to the insurance company, and send the new check out to the insurance company
Under which of the following circumstances will the benefits under COBRA continuation coverage end?
All group health plans are terminated by the employer
Which type of renewability best describes a Disability Income policy that covers an individual until the age of 65, but the insurer has the right to change the premium rate for the overall risk class?
Garunteed Renewable
An incomplete life insurance application submitted to an insurer will result in which of these actions?
Application will be returned to the writting agent
The waiting period for a pre-existing condition under a Medicare Supplement policy may NOT go beyond
6 Months
Which of these statements is INCORRECT regarding the federal income tax treatment of life insurance?
Entire cash surrender value is taxable
Which of these is considered a mandatory provision?
Payment of Claims