1. For Florida life insurance, insurable interest must exist:

At the time the contract is entered into (inception)

Florida requires that insurable interest exist at the inception of the life insurance contract, not necessarily at the time of loss.

2. Florida requires that a prospective life purchaser receive a buyer's guide and policy summary:

Before accepting the initial premium, unless a 14-day unconditional refund is provided

The insurer must deliver a buyer's guide and policy summary before accepting the initial premium unless the policy provides at least a 14-day unconditional refund.

3. In Florida, a health maintenance organization is governed primarily by:

The Health Maintenance Organization Act, Chapter 641

Florida HMOs are regulated under the Health Maintenance Organization Act in Chapter 641.

4. Which party automatically has an insurable interest in an applicant's life?

The applicant in their own life, and close family or business partners

A person has insurable interest in their own life and typically in the lives of close family members or business associates.