214 florida insurance - Study guides, Class notes & Summaries

214 Florida Insurance Exam/ 164 Quizzes & Correct Ans/ . In a contributory group plan, what percentage of eligible employees must be covered? - Answer: 75% Which statement regarding annuities is CORRECT? - Answer: Variable annuity units are fixed but the annuity payment will vary according to the value of the annuity unit.

214 Florida Insurance Exam/ 164 Quizzes & Correct Ans/ . Terms like: Which type of 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? - Answer: Errors and Omissions Insurance Which of the following terms is known as the voluntary relinquishment of a given right or privilege? - Answer: Waiver

214 FLORIDA INSURANCE EXAM 2024 – 2025 QUESTIONS AND ANSWERS,GOOD SCORE IS QUARANTEED GRADE A+

214 Florida Insurance Exam Questions And Answers (Solved)

214 FLORIDA INSURANCE LIFE AND VARIABLE ANNUITY ACTUAL EXAM UPDATED variable annuity - CORRECT ANSWER-there is no guarantee of the dollar amount of the payments, they fluctuate according to the value of an account vest primarly in common stocks join and survivor annuity - CORRECT ANSWER-covers two or more lives and contiunes in force so long as any one of them survives period certain annuity - CORRECT ANSWER-annuity imcome option that guarantees a definite minimum peroid of paymen...

214 FLORIDA INSURANCE EXAM LATEST QUESTIONS AND CORRECT ANSWERS |ALREADY GRADED A+

Which type of 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? - Errors and Omissions Insurance Which of the following terms is known as the voluntary relinquishment of a given right or privilege? - Waiver This Supreme Court case placed the regulation of insurance within the authority of the federal government by defining insurance as a form of interstate commerce? - United States v. Southeast...

Multi-Line Insurers - CORRECT ANSWER-________-______ Insurers are insurance carriers that offer more than one line of insurance. False - CORRECT ANSWER-True or False? Stock Insurance Companies are "participating" in that the policyholders receive dividends. Attorney-In-Fact - CORRECT ANSWER-Reciprocal Insurers are managed by an ___________________. Association - CORRECT ANSWER-Contrary to popular opinion, Lloyd's of London is not an insurer but rather an ____________. Limits Catas...

214 Florida Insurance Exam Questions And Answers 2023

Which type of 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? – ANSWER: Errors and Omissions Insurance Which of the following terms is known as the voluntary relinquishment of a given right or privilege? - ANSWER: Waiver This Supreme Court case placed the regulation of insurance within the authority of the federal government by defining insurance as a form of interstate commerce? - ANS...