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220 EXAM - FLORIDA STATUTES QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES 2025/2026 (VERIFIED ANSWERS) |ALREADY GRADED A+ $12.99
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220 EXAM - FLORIDA STATUTES QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES 2025/2026 (VERIFIED ANSWERS) |ALREADY GRADED A+

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  • Course
  • Florida 2-20 agents license
  • Institution
  • Florida 2-20 Agents License

220 EXAM - FLORIDA STATUTES QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES 2025/2026 (VERIFIED ANSWERS) |ALREADY GRADED A+

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  • December 10, 2024
  • 26
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Florida 2-20 agents license
  • Florida 2-20 agents license
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Ashley96
220 EXAM - FLORIDA STATUTES

All of the subsequent are grounds for obligatory refusal, suspension, or
revocation EXCEPT:
A. Unlawfully rebating
B. Fraudulent submission of a Workers' Comp app
C. Lack of moderately adequate expertise
D. Soliciting coverage in different regions of the nation
D. Soliciting insurance in other areas of the kingdom


How lengthy is a transient license suitable for?
A. 365 days
B. 6 months
C. 4 months
D. 2 months
B. 6 months


Which of the following can a certified agent share commissions with?
A. A non-resident agent
B. A purchaser consultant
C. A automobile provider
D. A actual estate agent
A. A non-resident agent


Jim and Glenda go to the nearby branch in their bank for a domestic mortgage.
The loan officer tells them that so one can qualify for the loan they ought to
buy coverage from the financial institution. This is an example of
A. Misrepresentation
B. Coercion
C. Twisting
D. Rebating
B. Coercion


Knowingly using an incomplete evaluation of coverage guidelines a good way to
get the insured to shop for a policy from you is known as:
A. Misrepresentation
B. Coercion

,C. Twisting
D. Rebating
C. Twisting


Charging an applicant for a selected ancillary coverage in addition to the
value of the car coverage coverage carried out for without his consent is referred to as:
A. Misrepresentation
B. Churning
C. Sliding
D. Coercion
C. Sliding


An coverage business enterprise formed beneath the laws of Florida is referred to as:
A. Foreign
B. Alien
C. Domestic
D. Captive
C. Domestic


An insurance company shaped below the laws of another country is called:
A. Foreign
B. Alien
C. Domestic
D. Captive
A. Foreign


An insurance employer formed in Zurich, Switzerland is known as:
A. Foreign
B. Alien
C. Domestic
D. Captive
B. Alien


An coverage enterprise this is licensed to do business in Florida is known as:
A. A licensed insurance enterprise
B. An legal insurance enterprise
C. An unauthorized insurance corporation
D. A captive coverage agency
B. An legal coverage business enterprise

, All of the subsequent are considered "transacting coverage "EXCEPT:
A. Solicitation
B. Transacting modifications and endorsements
C. Giving charges and recommendations
D. Underwriting new enterprise
D. Underwriting new business


Which of the subsequent isn't always a sort of coverage that may be transacted
with a "wellknown strains" coverage license?
A. Health insurance written by means of a service which is likewise
represented for P&C
B. Marine coverage
C. Life insurance written through service which is likewise
represented for P&C
D. Surety
C. Life coverage written by carrier which is likewise
represented for P&C


When authority is given to a licensee to transact or modify insurance,
it is referred to as:
A. Certificate of authority
B. Appointment
C. Attorney-in-fact
D. Binder
B. Appointment


How many hours of persevering with education is a newly licensed agent
required to have of their first CE compliance duration?
A. None in the first 2 years
B. 24
C. 14
D. 10
B. 24


If an agent has been licensed for more than 6 years, what number of hours of
continuing training are required every 2 years?
A. None
B. 28

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