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

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Question: 1 / 400

Which provision allows the policyowner to change a term life policy to a permanent one without providing proof of good health?

The renewal provision

The conversion provision

The conversion provision allows the policyowner to convert a term life policy into a permanent one without having to pass a medical exam or provide proof of good health. This option is incorrect because the renewal provision simply allows the policy to be extended for a new term, but not changed into a permanent policy. The grace period provision is also incorrect because it allows a brief period of time to pay the premium after the due date, but it does not pertain to changing policy types. The non-forfeiture provision is also incorrect because it deals with the protection of the policy's cash value if the premiums are not paid. Therefore, the conversion provision is the most appropriate choice for allowing a change in policy type without needing to prove good health.

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The grace period provision

The non-forfeiture provision

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