All Florida 6-20 All Lines Adjuster Tests /Exams Questions and Answers |100% Pass

FL All Lines Claims Adjuster Questions and Answers What is an eligible building for flood insurance? {{Correct Ans- A structure with 2 or more outside rigid walls and a fully secure roof, built on a permanent site, with 50% or more of the value above ground level and located within an eligible comm...

Florida Adjusters All Lines Insurance Exam Questions and Answers What are "boilerplate languages?' {{Correct Ans- Standardized language that can be used repeatedly in various documents. Boilerplate language refers to any language that is generic or standard across contract types. Boilerplate co...

Florida 6-20 All Lines Adjuster Test Questions and Answers 100% Pass According to the Business Auto definitions, an "accident": A. Includes continuous or repeated exposure to the same conditions. B. Must be sudden and unexpected. C. Must be unexpected and unpreventable. D. Is any event that c...

Florida all lines adjuster exam Questions 100% (Answered) correct (180 Q & A) Liability insurance policies are what kind of contracts {{Correct Ans- third party contracts Third party contracts do what {{Correct Ans- promise to pay on behalf of the insured all damages Two forms of legal liabil...

Florida Public Adjuster All Lines Study Guide with complete solution A contract in which an insurance company or government agency provides a guarantee of compensation for specified loss is known as: {{Correct Ans- Insurance What is the traditional definition of insurance? {{Correct Ans- A metho...

Florida statutes, rules, and regulations common to all lines Questions and Answers Which of the following is NOT a responsibility of Office of Insurance Regulation? {{Correct Ans- Enacting new insurance laws. Which of the following is true regarding branch agency licensing? {{Correct Ans...

Florida regulations for ALL LINES Questions and Answers Are dividends guaranteed? {{Correct Ans- NO What does the term insurance transaction mean? {{Correct Ans- -solicitation -negotiations -sale (of insurance) -advising an individual on coverage/claims Agreement between a Policyowner & in...

Florida Statutes, Rules, and Regulations Common to All Lines QUIZ (Answered) 100% An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type...

Florida exam All lines Questions and Answers Commercial Automobile coverage can be written as a monocline policy or as part of a Commercial Package Policy (PCP). · What are the five (5) Commercial Auto Coverage forms? {{Correct Ans- o 1. Business Auto; o 2. Business Auto Physical Damage; o 3....

Florida Statutes, Rules, and Regulations Common to All Lines (3) Questions and Answers In insurance transactions, fiduciary responsibility means? {{Correct Ans- Handling insurer funds in a trust capacity On its advertisement, a company claims that it has funds in its possession that are, in fact...

Florida statues, rules, and regulations common to all lines (4) Questions and Answers The office of insurance regulation is responsible for all of the following insurer activities EXCEPT {{Correct Ans- Issue of securities Which of the following is NOT a responsibility of the office of insurance ...