214 Florida Insurance Exam Questions And Answers (Solved)

Enrollment period; 30-31 days {Ans: Richard has worked at J&J Printing Inc. for the past three months and wants to join the company's contributory group insurance plan. Which answer BEST describes the period is he entering and how long does he have to apply without proof of insurability?}Conviction of a 3rd degree felony {Ans: Unauthorized entities acting as a licensed insurer in the state of Florida are subject to the following possible consequences EXCEPT:}Shelly is considered to be terminally ill and has decided to sell her life insurance policy in exchange for living benefits to fulfill some final comforts and expenses before her death. In selling her life insurance policy, Shelly is referred to as a(n)_________and she will receive a percentage of her life policy's face amount in exchange for ownership of her policy. {Ans: Viator}Substandard risk {Ans: Betty has a history of poor health and is currently taking four medications for high blood pressure and cholesterol. What type of risk is Betty if she were to apply for a health policy?}Annual Renewable Term {Ans: What is the most common type of employment-related group life insurance?}A term life policy builds cash value over the policy's