Florida 215 Readiness exam

A Return of premium term life policy is written as what type of term coverage

Increasing

All of the following statements regarding the life insurance policy summary are correct EXCEPT

It must illustrate all guaranteed policy dividend values

An insured is involved in a car accident. In addition to less serious injuries, he permanently loses the use of his leg and is rendered completely blind. The blindness improves a month later. To what extent will the insured receive Presumptive Disability Benefits?

No benefits

A policy summary must include a statement that dividends are based on the company's current dividend state and are

Not guaranteed

Which of the following is correct regarding selecting a primary care physician in a PPO plan?

The insured may choose medical providers not found on the preferred list

A licensee may have their license suspended terminated or revoked for all of the following EXCEPT

Unknowingly over-insuring any property insurance risk

HMO contracts may only be sold by a licensed and appointed health insurance agent or a full-time salaried employee or officer of an HMO who devotes most of his or her services to

Activities other than soliciting HMO from the public and who receives no commissions or compensation for procuring such contracts

In reference to the standard Medicare Supplement benefits plans, what does the term standard mean?

All providers will have the same coverage options and conditions for each plan

What type of life insurance policy generates immediate cash value?

Single Premium

An insured who has an Accidental Death and Dismemberment policy loses her left arm in an accident. What type of benefit will she most likely receive from this policy?

The capital amount in a lump sum