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.

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For coverage on a non-medical insurance application to take effect the same day, what must the producer collect?

A medical exam
The initial premium and a signed application
Proof of previous insurance
A detailed health questionnaire

The correct answer is: The initial premium and a signed application

To successfully purchase non-medical insurance and have it take effect the same day, the producer must collect the initial premium and a signed application. This is because insurance companies typically require this information before approving coverage, and collecting it at the time of application ensures that there are no delays in processing. Options A, C, and D are all incorrect as they do not pertain to the requirements for coverage to take effect on the same day. A medical exam may be required for certain types of insurance, but it is not necessary for coverage to take effect on the same day. Proof of previous insurance may be needed for certain discounts, but it is not a requirement for coverage to take effect immediately. A detailed health questionnaire may also be necessary for certain types of insurance, but it is not a prerequisite for same day coverage.