Florida Life and Health Insurance License Practice Test

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Prepare for the Florida Life and Health Insurance License Test. Study with flashcards and multiple choice questions, each with hints and explanations. Get ready for your certification exam with ease!

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.

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.