Florida 214 - Study guides, Class notes & Summaries

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 2024 – 2025 QUESTIONS AND ANSWERS,GOOD SCORE IS QUARANTEED GRADE A+

214 Florida Insurance Exam Questions And Answers (Solved)

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...

Florida 214 Exam Prep | 100% Correct Answers | Verified | Latest 2024 Version

214 Florida Insurance Exam Questions And Answers 2023

What is required by the Fair Credit Reporting Act of 1970? - If an applicant is rejected due to findings in a report, the applicant must be provided with the names and address of the reporting agency. An applicant has the right to know anyone questioned regarding the report. An applicant must be notified a report has been requested. Insurable interest exists between all of the following - Husband and wife Blood relatives (parent, grandparent, children and grandchildren) Business partners ...

Florida 214 (book summary definitions ) FLORIDA INSURANCE LAWS (unit 18 & 19) / 100% VERIFIED Solicitation - CORRECT ANSWER - Each insurer shall maintain at its home office or principal office a complete file containing one copy of each document authorized by the insurer. Such file shall contain one copy of each authorized form for a period of 3 years following the date of its last authorized use An agent shall inform the prospective purchaser, prior to commencing a life insurance sales pr...