FLORIDA 2-15 INSURANCE LICENSE
FINAL TEST 2026 QUESTIONS WITH
CORRECT ANSWERS GRADED A+
◍ Insurance.
Answer: Financial protection against loss or harm - An arrangement by
which company gives customers financial protection against loss or harm
such as theft or illness in return for premium payments.
◍ Life Insurance.
Answer: Is based on actuarial or mathematical principles and guarantees a
specified sum of money upon the death of the person who is insured.
◍ Health Insurance.
Answer: Evolved from scientific principles to provide funds for medical
expensed due to sickness or injury and to cover loss of income during
disability
◍ Revocation.
Answer: If a license is revoked, one may not re apply until 3 years
◍ Annuities.
Answer: Provide a stream of income by making a series of payments to the
annuitant for the annuitant's lifetime or for a specifically designated period
of time.
◍ DBPR.
Answer: Department of Business and Professional Regulation
◍ Risk.
Answer: Uncertainty regarding loss; the probability of loss occurring for an
insured or prospect
,◍ Speculative Risks.
Answer: Involve the possibility of loss and gain. (Not Insurable)
◍ Board.
Answer: The Barber's Board
◍ Pure Risks.
Answer: Involve the possibility of loss only. (Insurable)
◍ Barbershop.
Answer: A professional business where the practice of barbering takes place
◍ Barbering.
Answer: Any practices done to the hair, beard, face, scalp, or neck by either
hand or mechanical appliance. Only when done for remuneration and for the
public. Not for treatment of disease, or physical/mental ailments
◍ Barber.
Answer: A person who is licensed to engage in the practice of barbering in a
state under its authority
◍ Purpose of Regulation.
Answer: Legislation deems it necessary in the interest of public health,
safety, and welfare. Restrictions imposed only if necessary to protect the
public from recognized dangers AND in a manner not affecting the
competitive market
◍ Citation.
Answer: an instrument which meets requirements set forth, and is served
upon a subject for purpose of assessing a penalty in an amount established
by this rule. Department disposes of this citation after 6 months
◍ Peril.
Answer: Cause of risk (when a building burns, fire is the peril)
◍ Biennial Renewal.
Answer: Each licensed barber who continues to practice/service shall renew
license every 2 years
,◍ Licensure.
Answer: The department shall license any applicant who satisfies the
requirements of paying license fees and passing barbering test. One may cut
in a licensed barbershop if fail first attempt and scheduled a second. May
not cut if fail the second time
◍ Examination Prerequisites.
Answer: Must apply to department for licensureMust be at least 16 years of
agePays required application feesActive license in another stateMinimum
1200 clock hoursBarbering program at public/government operated school
◍ Legal, Investigative, Inspection Service.
Answer: The department shall provide all legal, investigative, and inspection
services
◍ Board Member Term.
Answer: The Governor appoints successors for terms of 4 years. No person
serves more than 2 consecutive terms
◍ Board Membership.
Answer: Created within the Department, a Barber's Board consists of 7
members appointed by the Governor
◍ Board Member Eligibility.
Answer: 5 members which have practiced barbering for 5 years in state. 2
member which are citizens of the state not presently licensed
◍ Hazards.
Answer: The source of danger
◍ Physical Hazard.
Answer: A hazard being of physical nature. A person being treated of
cancer, the disease is the physical endangerment. (Blindness & deafness)
◍ Board Member Meetings.
Answer: Board shall annually elect a chair and vice chair from its
numberMaintain a headquarters in TallahasseeHold annual board meetings
, (or more) with no less than 4 members
◍ Risk Avoidance.
Answer: Occurs when individuals evade risk entirely. "If you don't drive,
then you avoid getting in an auto accident."
◍ Board Member Accountability.
Answer: Governor shall call investigations of any complaints/reports made
of the board or its members such as; neglect of duty, felony, drunkenness,
incompetency, permanent inability to perform official duties
◍ Risk Reduction.
Answer: Takes place when the chances of loss are lessened. Changing a
lifestyle to minimize a known risk.
◍ Risk Retention.
Answer: Being aware of the risks involved and taking precautions for
financial protection. Auto policy's deductible is an illustration of risk
retention
◍ Risk Transference.
Answer: The act of shifting the responsibility of risk to another in the form
of an insurance contract.
◍ Adverse Selection.
Answer: Refers to the tendency for those individuals who present less
favorable insurance risk to seek or continue insurance to a great extent than
other risks.
◍ Insuring Pure Risk.
Answer: Loss must be due to chanceLoss must be definite and
measurableRisk must be predictableLoss must NOT be
catastrophicExposure to loss must be largeLoss exposures must be randomly
selected
◍ Assessment Mutual Insurers.
Answer: Prohibited in Florida
FINAL TEST 2026 QUESTIONS WITH
CORRECT ANSWERS GRADED A+
◍ Insurance.
Answer: Financial protection against loss or harm - An arrangement by
which company gives customers financial protection against loss or harm
such as theft or illness in return for premium payments.
◍ Life Insurance.
Answer: Is based on actuarial or mathematical principles and guarantees a
specified sum of money upon the death of the person who is insured.
◍ Health Insurance.
Answer: Evolved from scientific principles to provide funds for medical
expensed due to sickness or injury and to cover loss of income during
disability
◍ Revocation.
Answer: If a license is revoked, one may not re apply until 3 years
◍ Annuities.
Answer: Provide a stream of income by making a series of payments to the
annuitant for the annuitant's lifetime or for a specifically designated period
of time.
◍ DBPR.
Answer: Department of Business and Professional Regulation
◍ Risk.
Answer: Uncertainty regarding loss; the probability of loss occurring for an
insured or prospect
,◍ Speculative Risks.
Answer: Involve the possibility of loss and gain. (Not Insurable)
◍ Board.
Answer: The Barber's Board
◍ Pure Risks.
Answer: Involve the possibility of loss only. (Insurable)
◍ Barbershop.
Answer: A professional business where the practice of barbering takes place
◍ Barbering.
Answer: Any practices done to the hair, beard, face, scalp, or neck by either
hand or mechanical appliance. Only when done for remuneration and for the
public. Not for treatment of disease, or physical/mental ailments
◍ Barber.
Answer: A person who is licensed to engage in the practice of barbering in a
state under its authority
◍ Purpose of Regulation.
Answer: Legislation deems it necessary in the interest of public health,
safety, and welfare. Restrictions imposed only if necessary to protect the
public from recognized dangers AND in a manner not affecting the
competitive market
◍ Citation.
Answer: an instrument which meets requirements set forth, and is served
upon a subject for purpose of assessing a penalty in an amount established
by this rule. Department disposes of this citation after 6 months
◍ Peril.
Answer: Cause of risk (when a building burns, fire is the peril)
◍ Biennial Renewal.
Answer: Each licensed barber who continues to practice/service shall renew
license every 2 years
,◍ Licensure.
Answer: The department shall license any applicant who satisfies the
requirements of paying license fees and passing barbering test. One may cut
in a licensed barbershop if fail first attempt and scheduled a second. May
not cut if fail the second time
◍ Examination Prerequisites.
Answer: Must apply to department for licensureMust be at least 16 years of
agePays required application feesActive license in another stateMinimum
1200 clock hoursBarbering program at public/government operated school
◍ Legal, Investigative, Inspection Service.
Answer: The department shall provide all legal, investigative, and inspection
services
◍ Board Member Term.
Answer: The Governor appoints successors for terms of 4 years. No person
serves more than 2 consecutive terms
◍ Board Membership.
Answer: Created within the Department, a Barber's Board consists of 7
members appointed by the Governor
◍ Board Member Eligibility.
Answer: 5 members which have practiced barbering for 5 years in state. 2
member which are citizens of the state not presently licensed
◍ Hazards.
Answer: The source of danger
◍ Physical Hazard.
Answer: A hazard being of physical nature. A person being treated of
cancer, the disease is the physical endangerment. (Blindness & deafness)
◍ Board Member Meetings.
Answer: Board shall annually elect a chair and vice chair from its
numberMaintain a headquarters in TallahasseeHold annual board meetings
, (or more) with no less than 4 members
◍ Risk Avoidance.
Answer: Occurs when individuals evade risk entirely. "If you don't drive,
then you avoid getting in an auto accident."
◍ Board Member Accountability.
Answer: Governor shall call investigations of any complaints/reports made
of the board or its members such as; neglect of duty, felony, drunkenness,
incompetency, permanent inability to perform official duties
◍ Risk Reduction.
Answer: Takes place when the chances of loss are lessened. Changing a
lifestyle to minimize a known risk.
◍ Risk Retention.
Answer: Being aware of the risks involved and taking precautions for
financial protection. Auto policy's deductible is an illustration of risk
retention
◍ Risk Transference.
Answer: The act of shifting the responsibility of risk to another in the form
of an insurance contract.
◍ Adverse Selection.
Answer: Refers to the tendency for those individuals who present less
favorable insurance risk to seek or continue insurance to a great extent than
other risks.
◍ Insuring Pure Risk.
Answer: Loss must be due to chanceLoss must be definite and
measurableRisk must be predictableLoss must NOT be
catastrophicExposure to loss must be largeLoss exposures must be randomly
selected
◍ Assessment Mutual Insurers.
Answer: Prohibited in Florida
