Florida Insurance Laws Correct Questions & Answers!!EXAM BUNDLEFlorida Insurance Laws Correct Questions & Answers!!EXAM BUNDLEFlorida Insurance Laws Correct Questions & Answers!!EXAM BUNDLEFlorida Insurance Laws Correct Questions & Answers!!EXAM BUNDLEFlorida Insurance Laws Correct Questions & Answ...
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Freud (Type of Theory) - ANSWER Psychoanalytic Freud (Stages) - ANSWER 0-1 oral stage 2-4 anal stage 5-7 oedipal/ phallic 8-12 latency 13+ genital Oral Stage (Freud) - ANSWER 0-18 months, infant uses mouth for gratification and exploration Anal Stage (Freud) - ANSWER 1-3: Anus focus of ...
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Add to cartFreud (Type of Theory) - ANSWER Psychoanalytic Freud (Stages) - ANSWER 0-1 oral stage 2-4 anal stage 5-7 oedipal/ phallic 8-12 latency 13+ genital Oral Stage (Freud) - ANSWER 0-18 months, infant uses mouth for gratification and exploration Anal Stage (Freud) - ANSWER 1-3: Anus focus of ...
Homeowners policies: a. cover theft of guns up to $3,000 b. cover theft of furs and jewelry up to $1,500 c. include water damage by flood, sewer backup and underground seepage d. cover money up to $500 - ANSWER B Which statement is false about a Homeowners policy? A. it will cover property...
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Add to cartHomeowners policies: a. cover theft of guns up to $3,000 b. cover theft of furs and jewelry up to $1,500 c. include water damage by flood, sewer backup and underground seepage d. cover money up to $500 - ANSWER B Which statement is false about a Homeowners policy? A. it will cover property...
What is the current average annual insurance premium for homeowners in Florida? - ANSWER $6,000 annually How does this compare to the national average? - ANSWER More than three times the national average of $1,700 per year Who is Arnaldo Pérez-Miró and why is he significant in the story? - A...
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Add to cartWhat is the current average annual insurance premium for homeowners in Florida? - ANSWER $6,000 annually How does this compare to the national average? - ANSWER More than three times the national average of $1,700 per year Who is Arnaldo Pérez-Miró and why is he significant in the story? - A...
HO-3 - ANSWER HO-2 - ANSWER Broad Form Special Form HO-4 - ANSWER modified HO-2 policy for RENTERS of rooms, apartments, or houses. HO-5 - ANSWER comprehensive form HO-6 - ANSWER condominium owners Homeowner Policy - ANSWER Describes combined property and liability policies designed f...
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Add to cartHO-3 - ANSWER HO-2 - ANSWER Broad Form Special Form HO-4 - ANSWER modified HO-2 policy for RENTERS of rooms, apartments, or houses. HO-5 - ANSWER comprehensive form HO-6 - ANSWER condominium owners Homeowner Policy - ANSWER Describes combined property and liability policies designed f...
The clause identifying which losses resulting from an accident or sickness are insured by the policy is called the: - ANSWER Insuring clause K applies for a life insurance policy on herself and submits the initial premium with the application. She is given a receipt by the agent stating that cove...
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Add to cartThe clause identifying which losses resulting from an accident or sickness are insured by the policy is called the: - ANSWER Insuring clause K applies for a life insurance policy on herself and submits the initial premium with the application. She is given a receipt by the agent stating that cove...
insurance - ANSWER ________________ is a contract whereby one undertakes to indemnify another or pay or allow a specified amount or a determinable benefit upon determinable contingencies. liberalization - ANSWER The ______________ provision broadens an insured's coverage without an increase in...
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Add to cartinsurance - ANSWER ________________ is a contract whereby one undertakes to indemnify another or pay or allow a specified amount or a determinable benefit upon determinable contingencies. liberalization - ANSWER The ______________ provision broadens an insured's coverage without an increase in...
PERIL - ANSWER cause of loss (ex: fire, windstorm, vandalism) HAZARD - ANSWER introduces or increases the chance of loss from peril PHYSICAL HAZARD - ANSWER a characteritstic of an object that increases the severity of loss by covered peril MORAL - ANSWER intentional loss - conscious mental...
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Add to cartPERIL - ANSWER cause of loss (ex: fire, windstorm, vandalism) HAZARD - ANSWER introduces or increases the chance of loss from peril PHYSICAL HAZARD - ANSWER a characteritstic of an object that increases the severity of loss by covered peril MORAL - ANSWER intentional loss - conscious mental...
Risk - ANSWER the chance of financial loss Risk is NOT the loss itself, but the _________ of loss. - ANSWER CHANCE Policy - ANSWER a written contract for effecting insurance and includes Clauses, Riders, endorsements, and papers which are part of the contract Insurance - ANSWER a contract w...
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Add to cartRisk - ANSWER the chance of financial loss Risk is NOT the loss itself, but the _________ of loss. - ANSWER CHANCE Policy - ANSWER a written contract for effecting insurance and includes Clauses, Riders, endorsements, and papers which are part of the contract Insurance - ANSWER a contract w...
The FAJUA is composed of: - ANSWER All companies licensed to write auto insurance in Florida A coverage that is similar to premises and operations coverage in the Commercial General Liability Policy covering bodily injury and property damage liability for aviation risks is defined as: - ANSWER Ai...
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Add to cartThe FAJUA is composed of: - ANSWER All companies licensed to write auto insurance in Florida A coverage that is similar to premises and operations coverage in the Commercial General Liability Policy covering bodily injury and property damage liability for aviation risks is defined as: - ANSWER Ai...
Accelerated Benefits - ANSWER Riders attached to life insurance policies that allow death benefits to be used to cover nursing or convalescent home expenses Accidental Death Benefits - ANSWER A policy rider that states that the cause of death will be analyzed to determine of it complies with the ...
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Add to cartAccelerated Benefits - ANSWER Riders attached to life insurance policies that allow death benefits to be used to cover nursing or convalescent home expenses Accidental Death Benefits - ANSWER A policy rider that states that the cause of death will be analyzed to determine of it complies with the ...
A _____ insurer is one formed under the laws of this state. a) Domestic b) Foreign c) Alien d) None of the above - ANSWER a) Domestic The National Weather Service (NWS) categorizes storms as a hurricane which includes the time of a warning/watch all the way through to ___ hours after the N...
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Add to cartA _____ insurer is one formed under the laws of this state. a) Domestic b) Foreign c) Alien d) None of the above - ANSWER a) Domestic The National Weather Service (NWS) categorizes storms as a hurricane which includes the time of a warning/watch all the way through to ___ hours after the N...
Abandonment Clause - ANSWER often contained in a p/c policy stating that the insured cannot abandon damaged property to the (dump on) insurer and demand reimbursement for the full value. Accident - ANSWER Sudden fortuitous event Accounts Receivable Coverage Form - ANSWER Inland Marine Coverage...
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Add to cartAbandonment Clause - ANSWER often contained in a p/c policy stating that the insured cannot abandon damaged property to the (dump on) insurer and demand reimbursement for the full value. Accident - ANSWER Sudden fortuitous event Accounts Receivable Coverage Form - ANSWER Inland Marine Coverage...
B. A general lines agent or a general lines insurance agency - ANSWER Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An ...
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Add to cartB. A general lines agent or a general lines insurance agency - ANSWER Who may appoint a Customer Representative? Select one: A. A surplus lines agent holding a general lines license and a surplus lines license B. A general lines agent or a general lines insurance agency C. An adjuster D. An ...
What is the definition of a risk that is insurable? a.Risk is defined as a chance or the possibility of financial loss; only pure risks are insurable as there is no possibility of a gain b.A chance of a loss or gain c.A risk where there is a possibility of a gain d.A chance for insurance cover...
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Add to cartWhat is the definition of a risk that is insurable? a.Risk is defined as a chance or the possibility of financial loss; only pure risks are insurable as there is no possibility of a gain b.A chance of a loss or gain c.A risk where there is a possibility of a gain d.A chance for insurance cover...
What does a homeowners policy consist of? - ANSWER 1. Declarations 2. One of 6 Homeowners forms 3. Mandatory and optional endorsements Name the 6 Homeowners Forms - ANSWER HO-2, 3, 4, 5, 6, 8 Which form is used for Renters? - ANSWER HO-4 Which form is used for Condo owners? - ANSWER HO-6 ...
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Add to cartWhat does a homeowners policy consist of? - ANSWER 1. Declarations 2. One of 6 Homeowners forms 3. Mandatory and optional endorsements Name the 6 Homeowners Forms - ANSWER HO-2, 3, 4, 5, 6, 8 Which form is used for Renters? - ANSWER HO-4 Which form is used for Condo owners? - ANSWER HO-6 ...
Abandonment Clause - ANSWER often contained in a p/c policy stating that the insured cannot abandon damaged property to the (dump on) insurer and demand reimbursement for the full value. Accident - ANSWER Sudden fortuitous event Accounts Receivable Coverage Form - ANSWER Inland Marine Coverage...
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Add to cartAbandonment Clause - ANSWER often contained in a p/c policy stating that the insured cannot abandon damaged property to the (dump on) insurer and demand reimbursement for the full value. Accident - ANSWER Sudden fortuitous event Accounts Receivable Coverage Form - ANSWER Inland Marine Coverage...
5 qualifications to become a General Lines agent - ANSWER 1. At least 18 years of age 2. United States citizen or legal alien 3. Bona fide resident of Florida 4. Place of business located in Florida 5. Not licensed for purpose of writing controlled business Department of Financial Services (D...
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Add to cart5 qualifications to become a General Lines agent - ANSWER 1. At least 18 years of age 2. United States citizen or legal alien 3. Bona fide resident of Florida 4. Place of business located in Florida 5. Not licensed for purpose of writing controlled business Department of Financial Services (D...
Abandonment Clause - ANSWER A clause often contained in property insurance policies stating that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value Accident - ANSWER A sudden fortuitous event Actual Cash Value (ACV) - ANSWER The cost to re...
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Add to cartAbandonment Clause - ANSWER A clause often contained in property insurance policies stating that the insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full value Accident - ANSWER A sudden fortuitous event Actual Cash Value (ACV) - ANSWER The cost to re...
Life Insurance - ANSWER is insurance against loss due to the death of a particular person (the insured) upon whose death the insurance company agrees to pay a stated sum or income to the beneficiary. In its purist form, life insurance states, "We will pay this amount when this person dies." Ter...
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Add to cartLife Insurance - ANSWER is insurance against loss due to the death of a particular person (the insured) upon whose death the insurance company agrees to pay a stated sum or income to the beneficiary. In its purist form, life insurance states, "We will pay this amount when this person dies." Ter...
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