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4-40 FL License Practice Questions 100% correct
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4-40 FL License Practice Questions
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4-40 FL License Practice QuestionsThe General Lines state exam consists of ____ questions with a _______ time limit. -
answer160 questions; 3 hours
For a Customer Representative License, the applicant must show they are how many
years of age? - answer18 years old
When more than 50% of an agents incomes cones from the business from an agent or
their family, that is known as what type of business? - answer Controlled Business
If a representative's license has gone more than 48 months without an appointment they
must apply again as what? - answer First Time Applicant
A designated customer service representative in Florida can only be appointed by who
or what? - answer General Lines Agent
Once an adjuster license has gone beyond _____ months without an appointment, you
will have to qualify as a first time applicant. - answer48 months
What elected official is a member of the Florida cabinet, and serves as the Head of the
Department of Financial Services? - answerChief Financial Officer
Who directly oversees the Division of Insurance Agent and Agency Services? -
answerChief Financial Officer
Insurance company regulation is administered by which office? - answerOffice of
Insurance Regulation
What office provides oversight to Florida's financial service providers? - answerOffice of
Financial Regulation
What is the best definition of risk? - answerThe chance of financial loss
What is the temporary insurance which can be made through oral or written
agreements? - answerBinder
What type of insurance best describes when payments are made on behalf of the
insured to another party? - answerLiability Insurance
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