214 FLORIDA INSURANCE EXAM 2024-2025
ACTUAL EXAM 150 QUESTIONS AND CORRECT
DETAILED ANSWERS WITH RATIONALES
(VERIFIED ANSWERS)
Practice questions for this set
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A person in a position of financial trust is known as a
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1 No minimum Fiduciary
3 Non-contributory plans 4 Deferred Vesting
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Terms in this set (164)
, Which type of insurance Errors and Omissions Insurance
protects an agent and even
pays claims if a lawsuit is
brought against the agent
as a result of failing to
provide a service to a
client?
Which of the following Waiver
terms is known as the
voluntary relinquishment of
a given right or privilege?
This Supreme Court case United States v. Southeastern Underwriters Association
placed the regulation of (1944)
insurance within the
authority of the federal
government by defining
insurance as a form of
interstate commerce?
Tim was just hired today by Probationary period, he can sign up after 90 days
MAB INC and wants to join
the company's group
insurance policy. What
period of time is he
currently in and when can
he join the plan?
If Justin submitted an initial The date of his application or the day he completed any
premium with his life required medical exam
insurance application, was
provided a conditional
receipt by the insurance
company and was
ultimately issued a policy as
applied for, when would his
insurance policy be
considered in force?
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