Florida insurance laws - Study guides, Class notes & Summaries

An appraisal can be completed by which of the following? A home inspector A real estate broker A licensed appraiser using USPAP standards A mortgage loan originator - ANSWERA licensed appraiser using USPAP standards What is a BPO? Broker Price Opinion Best Practice Organization Best Prospective Offer Beyond Present Opportunities - ANSWERBroker Price Opinion Which of the following is incorrect? Farming methods include Direct Mail and Just Listed Post Cards. Farming only invo...

TEST FOR ADJUSTER PRO, FLORIDA STUDY(QUESTIONS AND ANSWERS)A+ GRADED EXAM - CORRECT ANSWER-Subtract the deductible from covered damages to get indemnification - CORRECT ANSWER-6 unique characteristics of insurance policy 1 Contracts of adhesion (court ez win) 2 Utmost good faith 3 aleatory 4 personal 5 Unilateral (only insurer has obligation) 6 Conditional - CORRECT ANSWER-1945 regulate insurance Naic doesn't give benefits to comissioners 90 day to pay hijacking only covere...

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 NWS terminates the warning. a) 24 b) 48 c) 72 d) 96 - ANSWER c) 72 Property Insurance policies with hurricane deductibles: a) The deductibles are on a per occurrence basis not a calendar ye...

Florida Health Insurance 2-40 Practice Exam Questions And Answers With Verified Solutions Which of the following laws requires an insurer to notify an applicant in writing that an investigative consumer report may be made on the applicant? -Uniform Provisions Law. -Freedom of Information Act. -Medical Information Bureau Disclosure Act -Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) Fair Credit Reporting Act (Insurance Information and Privacy Protection Act) ...

Florida Laws and Rules Pertinent to Insurance Chapter 10 Exam Questions Answers (70 Questions) Latest 2024

Florida Insurance Laws Study Questions with Correct Answers 100% Verified Chief Financial Officer (CFO) - Correct Answer Serves as head of the Florida Department of Financial Services (FLDFS) Financial Services Commission - Correct Answer Administers banking and securities regulation through the appointment of the Director of the Office of Financial Regulation and Securities Regulation. Commissioner of the Office of Insurance Regulation - Correct Answer Administers insurance company regul...

If you change your address, how many days do you have to notify the board 30 How many hours of education is needed to sit for the acupuncture test 100 How many hours of CE is needed every 2 years 40 ___ hours in risk management are needed of which ____ hours are required for laws and rules 3, 2 how many hours are required for record keeping/documentation and coding 6 how many hours are needed in ethics 2 how many hours are needed in HIV/AIDS 3 ...

Florida Laws and Rules Pertinent to Insurance Exam Questions and Correct Answers (A Graded Florida Laws and Rules Pertinent to Insurance Exam Questions and Correct Answers (A Graded

Florida requires that coverage for newborns begins "from the moment of birth" and continues for 12 months 6 months 18 months 31 days - Ans: 18 months In Florida, a health policy that is paid on a quarterly basis requires a grace period of 7 days 31 days 45 days 10 days - Ans: 31 days In Florida, monthly-premium health insurance policies must provide a grace period of at least 31 days 7 days 10 days 14 days - Ans: 10 days Which action could result in a hearing being ord...

Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions Florida 6-20 All Lines Adjuster Test| 276 questions| 50 Pages| With Complete Solutions A public adjuster represents the interest of: A. The insurer B. The Insured C. The employer D. The interest of the general public - Correct Answer -B. The insured Which of the following is the type of report that indicates the initial results of a claim investigation? A. Field Report B. Interim Report C. Full Re...