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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Which Unfair Trade Practice involves making a false statement on an insurance application in order to receive money from an insurer?

Misrepresentation
Fraud
Embezzlement
Forgery

The correct answer is: Misrepresentation

Misrepresentation is the most accurate answer because it involves intentionally providing false information on an insurance application in order to receive financial benefits. While fraud and forgery may seem like plausible answers, they are not as specific to the insurance application process as misrepresentation. Embezzlement, on the other hand, refers to the act of misusing funds that have been entrusted to a person for personal gain. While it does involve financial deceit, it is not directly related to an insurance application.