FLORIDA 240 LICENSE EXAM AND
PRACTICE EXAM NEWEST 2024 ACTUAL
EXAM COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
Practice questions for this set
Learn
1/7
Study using Learn
B. An authorized insurance company
Select the correct term
How long is a temporary license good for?
A. 12 months
,B. 6 months
C. 4 months
D. 2 months
B. 6 months
Which of the following can a licensed agent share
commissions with?
A. A non-resident agent
B. A customer representative
C. A car dealer
D. A real estate agent
A. A non-resident agent
Jim and Glenda go to the local branch of their bank for a
home loan.
The loan officer tells them that in order to qualify for the
loan they must
purchase insurance from the bank. This is an example of
A. Misrepresentation
B. Coercion
C. Twisting
D. Rebating
B. Coercion
,Knowingly using an incomplete comparison of insurance
policies in order to
get the insured to buy a policy from you is called:
A. Misrepresentation
B. Coercion
C. Twisting
D. Rebating
C. Twisting
Charging an applicant for a specific ancillary coverage in
addition to the
cost of the auto insurance coverage applied for without
his consent is called:
A. Misrepresentation
B. Churning
C. Sliding
D. Coercion
C. Sliding
An insurance company formed under the laws of Florida
is called:
A. Foreign
B. Alien
C. Domestic
D. Captive
, C. Domestic
An insurance company formed under the laws of another
state is called:
A. Foreign
B. Alien
C. Domestic
D. Captive
A. Foreign
An insurance company formed in Zurich, Switzerland is
called:
A. Foreign
B. Alien
C. Domestic
D. Captive
B. Alien
An insurance company that is licensed to do business in
Florida is called:
A. A licensed insurance company
B. An authorized insurance company
C. An unauthorized insurance company
D. A captive insurance company
B. An authorized insurance company
PRACTICE EXAM NEWEST 2024 ACTUAL
EXAM COMPLETE QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
Practice questions for this set
Learn
1/7
Study using Learn
B. An authorized insurance company
Select the correct term
How long is a temporary license good for?
A. 12 months
,B. 6 months
C. 4 months
D. 2 months
B. 6 months
Which of the following can a licensed agent share
commissions with?
A. A non-resident agent
B. A customer representative
C. A car dealer
D. A real estate agent
A. A non-resident agent
Jim and Glenda go to the local branch of their bank for a
home loan.
The loan officer tells them that in order to qualify for the
loan they must
purchase insurance from the bank. This is an example of
A. Misrepresentation
B. Coercion
C. Twisting
D. Rebating
B. Coercion
,Knowingly using an incomplete comparison of insurance
policies in order to
get the insured to buy a policy from you is called:
A. Misrepresentation
B. Coercion
C. Twisting
D. Rebating
C. Twisting
Charging an applicant for a specific ancillary coverage in
addition to the
cost of the auto insurance coverage applied for without
his consent is called:
A. Misrepresentation
B. Churning
C. Sliding
D. Coercion
C. Sliding
An insurance company formed under the laws of Florida
is called:
A. Foreign
B. Alien
C. Domestic
D. Captive
, C. Domestic
An insurance company formed under the laws of another
state is called:
A. Foreign
B. Alien
C. Domestic
D. Captive
A. Foreign
An insurance company formed in Zurich, Switzerland is
called:
A. Foreign
B. Alien
C. Domestic
D. Captive
B. Alien
An insurance company that is licensed to do business in
Florida is called:
A. A licensed insurance company
B. An authorized insurance company
C. An unauthorized insurance company
D. A captive insurance company
B. An authorized insurance company
