Florida Life and Health Insurance License Test 2025 – 400 Free Practice Questions to Pass the Exam

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Question: 1 / 400

After discovering an undisclosed stroke in the MIB report, what is an insurance company likely to do next?

Award the applicant with a loyalty discount

Flag the application for potential fraud

Immediately offer the applicant coverage

Reassess the risk and potential coverage terms

An insurance company is unlikely to award the applicant with a loyalty discount after discovering an undisclosed stroke in the MIB report. This would not make financial sense for the company as they would be taking on more risk by offering a discount to someone with a pre-existing condition. Similarly, immediately offering coverage is also unlikely as the company needs to reassess the risk and potential coverage terms before making a decision. Flagging the application for potential fraud may be an option, but it is not the most likely immediate response. Therefore, the best course of action for the insurance company would be to reassess the risk and potential coverage terms based on the information in the MIB report. This will allow them to make an informed decision and protect their financial interests.

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