Florida Life and Health Insurance License Practice Test

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Master the Florida Life and Health Insurance License Exam with our comprehensive practice test guide. Ensure your success with expert tips, detailed study materials, and realistic practice questions designed to mimic the actual exam.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Before a life insurance policy is issued, which of these components of the contract is required?

Applicant's signature on application.
Beneficiary's consent.
Proof of good health.
Initial premium payment.

The correct answer is: Applicant's signature on application.

Before a life insurance policy is issued, the applicant's signature is required on the application as it signifies their acceptance of the terms and conditions of the contract. Option B, beneficiary's consent, is not necessary for the policy to be issued as the beneficiary's consent is only required upon the occurrence of the insured's death. Option C, proof of good health, may be required depending on the type of policy and the insurer's underwriting guidelines, but it is not always a required component. Option D, initial premium payment, is also not a required component as some policies may offer a grace period for premium payments or may allow for premium payments to be made in installments. Therefore, the correct answer is A, the applicant's signature on the application.