Free Florida Life & Health Insurance Practice Exam 2026

Florida life and health insurance exam sample questions and answers

6 of the 150 practice questions, one from each topic, with the answer explained.

1. 1. When recommending an annuity replacement, the Florida agent must consider whether the consumer had another annuity exchange or replacement within the preceding:

   • A.24 months
   • B.60 months
   • C.36 months
   • D.12 months

   Answer: B. Section 627.4554(5), F.S., requires the agent to weigh the whole transaction: new surrender charges, lost benefits, higher fees, and whether the consumer had another exchange or replacement within the preceding 60 months.

2. 2. A worker becomes totally disabled and qualifies for Social Security disability benefits. Benefits generally begin after a waiting period of:

   • A.Six full months
   • B.Twelve full months
   • C.Ninety days
   • D.Five full months

   Answer: D. Social Security disability has a 5-month waiting period. The 12-month figure is the separate requirement that the disability be expected to last at least 12 months or result in death.

3. 3. Kim pays her individual disability income premiums with after-tax dollars, and her employer pays her group medical premiums. Which of her benefits are taxable income?

   • A.Neither type of benefit
   • B.Only the disability income benefits
   • C.Only the medical expense benefits
   • D.Both the disability and the medical benefits

   Answer: A. Disability benefits are tax-free when the insured paid the premiums with after-tax dollars, and medical expense benefits are tax-free even when the employer paid the premium. Disability benefits would be taxable only if the employer had paid that premium, while tax-qualified LTC benefits are generally tax-free within limits.

4. 4. Ray needs help with bathing and dressing, provided by aides without medical training in an assisted living facility. This level of care is:

   • A.Intermediate care
   • B.Respite care
   • C.Custodial care
   • D.Skilled nursing care

   Answer: C. Custodial care helps with daily activities and can be given by people without medical training. Skilled care requires daily professional care ordered by a physician, intermediate care is occasional nursing, and respite care gives a family caregiver a break.

5. 5. An employer provides each employee $150,000 of group term life and pays the full premium. Under Section 79, the employee has taxable income equal to:

   • A.The cost of $150,000 of coverage
   • B.The cost of $50,000 of coverage
   • C.The cost of $100,000 of coverage
   • D.Nothing, since group term is always tax-free

   Answer: C. Section 79 excludes the cost of the first $50,000 of employer-paid group term life, so the cost of the remaining $150,000 - $50,000 = $100,000 is imputed income. Group term is not tax-free above the $50,000 threshold.

6. 6. An insured with a $100,000 policy and an accidental death (double indemnity) rider dies in a car accident. The beneficiary receives:

   • A.$200,000
   • B.$100,000
   • C.$300,000
   • D.$150,000

   Answer: A. Double indemnity pays an additional amount equal to the face for accidental death: $100,000 + $100,000 = $200,000. Paying only $100,000 ignores the rider.