10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
The FL215 exam has 165 questions and runs 2 hours 45 minutes.
These 10 free FL215 questions are organized by exam domain, so you can see how each part of the Florida 2-15 Health, Life & Annuity (including Variable Contracts) Agent Exam blueprint is tested. Reveal the answer and explanation under each question.
A 42-year-old business owner wants permanent life insurance with flexible premiums and the ability to allocate cash value among equity and bond subaccounts. She accepts that poor investment performance could reduce cash value and increase lapse risk. Which policy best fits?
Correct answer: C - Variable universal life insurance
After 18 years, a whole-life policyowner can no longer pay premiums. Her priority is to preserve the original face amount for the longest period the net cash value will purchase, and she does not need cash now. The nonforfeiture election that meets this objective is:
Correct answer: A - Extended term insurance
A 48-year-old owns a modified endowment contract with a $70,000 cost basis, a $100,000 cash value, and no prior distributions. He takes a $20,000 policy loan. Which federal income-tax treatment generally applies?
Correct answer: B - The full $20,000 is a gain-first taxable distribution, generally subject to the 10% additional tax
A dentist wants coverage that will reimburse office rent, utilities, payroll for nonowner employees, and accounting expenses during her disability, while excluding her personal income. Which policy addresses this need?
Correct answer: A - Business-overhead expense disability insurance
A major medical plan pays 80% after a $1,500 deductible. An in-network provider bills $10,000, but the plan's eligible expense is $8,000. The insured has met none of the deductible. Ignoring copayments and the out-of-pocket maximum, the plan's payment is:
Correct answer: D - $5,200
A 68-year-old delayed Medicare Part B while covered through current employment at a 40-employee firm. Employment and active group coverage end June 30, and the client elects COBRA. The sound Medicare enrollment advice is to:
Correct answer: D - Enroll within the eight-month Part B special enrollment period; COBRA does not extend it
An applicant submits a life application, pays the initial premium, and receives an insurability-type conditional receipt. A required examination later shows that the applicant was not insurable under the company's rules for the policy as applied for. The applicant dies before formal underwriting action. What is the coverage result?
Correct answer: D - No coverage arose because the insurability condition was not met
A Florida life agent gives a prospect a $75 store gift card through an insurer-authorized promotional program. The prospect has received no other item under the program that calendar year, and the gift is neither cash nor a premium payment. Which conclusion is most accurate?
Correct answer: A - It may qualify for Florida's noncash promotional-gift exception, subject to the program's other requirements
A consumer insists on buying a fixed annuity but refuses to disclose liquid net worth or liquidity needs. The agent explains why the information matters and makes no recommendation. Assuming the insurer permits a nonrecommended transaction and no fraud red flags exist, what should the agent do?
Correct answer: C - Obtain signed refusal and nonrecommendation acknowledgments and complete the required disclosures
A tax-qualified long-term care policy uses the federal chronic-illness trigger. A licensed practitioner certifies that the insured will need substantial assistance with bathing and transferring for 120 days. The insured has no cognitive impairment. The claim should be treated as:
Correct answer: B - Eligible: the 2-of-6 ADL trigger is met for an expected period over 90 days
The FL215 exam also covers these domains. Drill them in the full free practice test:
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