FLORIDA 2-20 AGENTS LECENSE FINAL
EXAM AND STUDY GUIDE | NEWEST
ACTUAL EXAM COMPLETE QUESTIONS
AND VERIFIED ANSWERS GRADED A+ |
100% PASS | 2025 UPDATE!
This insurance covers fees of physicians for performing surgery, with a
maximum amount payable for each procedure. - ✔✔✔ Correct
Answer > Surgical Expense Insurance
The part of the PAP policy that provides coverage for bodily injury for a
accident caused by a driver without liability or with liability limits that
do not cover the insured's damages is called: - ✔✔✔ Correct Answer
> Uninsured motorist
This optional provision states that if the insured becomes totally
disabled, premiums are waived but the coverage remains in force. -
✔✔✔ Correct Answer > Waiver of Premium
To be eligible for Citizens, the applicant must certify they are unable to
obtain and have not received an offer, for residential property
insurance, from any authorized insurer that is less than ____________
percent higher than the price quoted through Citizens. - ✔✔✔ Correct
Answer > 15
,Under this provision a health insurance company may not cancel during
the policy term, but reserves the right to non-renew the policy at
expiration. - ✔✔✔ Correct Answer > Optionally Renewable
Health Insurance does not include _________________. - ✔✔✔
Correct Answer > Workers Compensation
Florida law requires not less than a _________ day grace period for
monthly premium policies. - ✔✔✔ Correct Answer > 10 day
This insurance provides coverage for expenses, including loss of
income, arising from accidents. - ✔✔✔ Correct Answer > Accident
Insurance
Florida Law requires not less than a ________ day notice for
cancellation of a health insurance policy. - ✔✔✔ Correct Answer >
20 day
This insurance is designed to assist clients who are now dependable on
others for care. - ✔✔✔ Correct Answer > Long term Care
This is the fundamental purpose Medicare Supplement policies. - ✔✔✔
Correct Answer > Cover medical costs not payable under the Federal
Medicare Program
,Which one of the following would NOT be eligible for coverage with the
FAJUA? - ✔✔✔ Correct Answer > A tourist renting a moped
Citizens provides commercial coverage for which one of the following?
- ✔✔✔ Correct Answer > Condo Associations
All "keep-out" and "take-out" plans of Citizens are subject to the
___________ statute. - ✔✔✔ Correct Answer > Consumer Choice
Which of the following is NOT a standard form that Citizens issues
policies on? - ✔✔✔ Correct Answer > HO-5
The Florida Workers Compensation Joint Underwriting Association
(FWCJUA) has how many different Tiers? - ✔✔✔ Correct Answer > 3
Tier 1 rates are set at _________ above comparable voluntary market
rates. - ✔✔✔ Correct Answer > 25 percent
This is a market source in Florida for persons who are unable to
purchase auto insurance through normal channels. - ✔✔✔ Correct
Answer > Florida Automobile Joint Underwriting Association
, If the FWCJUA experiences a deficit in either Tier 1 or 2, funding would
come from where? - ✔✔✔ Correct Answer > An assessment for 1
year on all WC policies in the voluntary market
A policy with Citizens may be replaced with a policy from an authorized
insurer at any time during the policy period with a ________day notice.
- ✔✔✔ Correct Answer > 60
This Tier is for employers with an experience modification factor equal
or greater than 1.0, but not greater than 1.10. - ✔✔✔ Correct
Answer > Tier 2
Florida law states this a contract whereby one undertakes to indemnify
another or pay or allow a specified amount or a determinable benefit
upon determinable contingencies. - ✔✔✔ Correct Answer >
Insurance
As per Florida law, this includes every person engaged as indemnitor,
surety, or contractor in the business of entering into contracts of
insurance or of annuity. - ✔✔✔ Correct Answer > insurer
A _____________ is required in order for an insurer to transact
insurance in Florida. - ✔✔✔ Correct Answer > Certificate if Authority
EXAM AND STUDY GUIDE | NEWEST
ACTUAL EXAM COMPLETE QUESTIONS
AND VERIFIED ANSWERS GRADED A+ |
100% PASS | 2025 UPDATE!
This insurance covers fees of physicians for performing surgery, with a
maximum amount payable for each procedure. - ✔✔✔ Correct
Answer > Surgical Expense Insurance
The part of the PAP policy that provides coverage for bodily injury for a
accident caused by a driver without liability or with liability limits that
do not cover the insured's damages is called: - ✔✔✔ Correct Answer
> Uninsured motorist
This optional provision states that if the insured becomes totally
disabled, premiums are waived but the coverage remains in force. -
✔✔✔ Correct Answer > Waiver of Premium
To be eligible for Citizens, the applicant must certify they are unable to
obtain and have not received an offer, for residential property
insurance, from any authorized insurer that is less than ____________
percent higher than the price quoted through Citizens. - ✔✔✔ Correct
Answer > 15
,Under this provision a health insurance company may not cancel during
the policy term, but reserves the right to non-renew the policy at
expiration. - ✔✔✔ Correct Answer > Optionally Renewable
Health Insurance does not include _________________. - ✔✔✔
Correct Answer > Workers Compensation
Florida law requires not less than a _________ day grace period for
monthly premium policies. - ✔✔✔ Correct Answer > 10 day
This insurance provides coverage for expenses, including loss of
income, arising from accidents. - ✔✔✔ Correct Answer > Accident
Insurance
Florida Law requires not less than a ________ day notice for
cancellation of a health insurance policy. - ✔✔✔ Correct Answer >
20 day
This insurance is designed to assist clients who are now dependable on
others for care. - ✔✔✔ Correct Answer > Long term Care
This is the fundamental purpose Medicare Supplement policies. - ✔✔✔
Correct Answer > Cover medical costs not payable under the Federal
Medicare Program
,Which one of the following would NOT be eligible for coverage with the
FAJUA? - ✔✔✔ Correct Answer > A tourist renting a moped
Citizens provides commercial coverage for which one of the following?
- ✔✔✔ Correct Answer > Condo Associations
All "keep-out" and "take-out" plans of Citizens are subject to the
___________ statute. - ✔✔✔ Correct Answer > Consumer Choice
Which of the following is NOT a standard form that Citizens issues
policies on? - ✔✔✔ Correct Answer > HO-5
The Florida Workers Compensation Joint Underwriting Association
(FWCJUA) has how many different Tiers? - ✔✔✔ Correct Answer > 3
Tier 1 rates are set at _________ above comparable voluntary market
rates. - ✔✔✔ Correct Answer > 25 percent
This is a market source in Florida for persons who are unable to
purchase auto insurance through normal channels. - ✔✔✔ Correct
Answer > Florida Automobile Joint Underwriting Association
, If the FWCJUA experiences a deficit in either Tier 1 or 2, funding would
come from where? - ✔✔✔ Correct Answer > An assessment for 1
year on all WC policies in the voluntary market
A policy with Citizens may be replaced with a policy from an authorized
insurer at any time during the policy period with a ________day notice.
- ✔✔✔ Correct Answer > 60
This Tier is for employers with an experience modification factor equal
or greater than 1.0, but not greater than 1.10. - ✔✔✔ Correct
Answer > Tier 2
Florida law states this a contract whereby one undertakes to indemnify
another or pay or allow a specified amount or a determinable benefit
upon determinable contingencies. - ✔✔✔ Correct Answer >
Insurance
As per Florida law, this includes every person engaged as indemnitor,
surety, or contractor in the business of entering into contracts of
insurance or of annuity. - ✔✔✔ Correct Answer > insurer
A _____________ is required in order for an insurer to transact
insurance in Florida. - ✔✔✔ Correct Answer > Certificate if Authority
