Florida Insurance Licensing Practice Exam

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Prepare for the Florida Insurance Licensing Exam using comprehensive questions and in-depth explanations. Perfect your understanding of essential insurance concepts and ensure your success!

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 of the following is NOT a component of Workers Compensation?

Unlimited death benefits
Reimbursement for medical expenses incurred
Replacement for lost wages on a percentage basis
Funeral costs up to $7500

The correct answer is: Unlimited death benefits

Workers Compensation is a type of insurance that provides benefits to employees who suffer work-related injuries or illnesses. It is designed to cover medical expenses, lost wages, and funeral costs in the event of an employee's death. The other options listed, such as reimbursement for medical expenses, replacement for lost wages, and coverage for funeral costs, are all components of Workers Compensation. The option "Unlimited death benefits" is not a component of Workers Compensation because there are limits to the amount of death benefits that can be provided. Therefore, A is the incorrect option in this question.