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FLORIDA PERSONAL LINES Exam Questions and Answers

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FLORIDA PERSONAL LINES Exam Questions and Answers

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FLORIDA PERSONAL LINES
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FLORIDA PERSONAL LINES

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FLORIDA PERSONAL LINES Exam Questions
and Answers
Misrepresentation. CORRECT ANSWER: Willful deception of an insurance policy done
by dissemination of information

• Controlled business. CORRECT ANSWER: When the majority of insurance written is
for family members

• Temporary License. CORRECT ANSWER: Good for 6 months

• Foreign. CORRECT ANSWER: An insurance company formed under the laws of
another state

• Domestic. CORRECT ANSWER: And insurance company formed under the laws of
Florida

• Alien. CORRECT ANSWER: And insurance company formed in another country

• Appointment. CORRECT ANSWER: When authority is given to a licensee to transact
or adjust insurance

• Authorized insurance company. CORRECT ANSWER: An insurance company that is
licensed to do business in Florida

• Twisting. CORRECT ANSWER: Knowingly using at incomplete comparison of
insurance policies in order to get the insured to buy apology from you

• Sliding. CORRECT ANSWER: Charging an applicant for a specific ancillary coverage
in addition to the cost of the auto insurance coverage applied for with out his consent

• Coercion. CORRECT ANSWER: Bank loan officer tells them that in order to qualify for
the loan they must purchase insurance from the bank

• FAJUA. CORRECT ANSWER: Florida Joint Underwritting Association
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FLORIDA PERSONAL LINES
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