AM
FLORIDA 2-15 INSURANCE LICENSE - CHAPTER 4 EXAM QUESTIONS
AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED GRADED A++
LATEST UPDATE 2025/2026
Terms in this set (451)
the conduct of Compliance
business regarding
laws and regulations
set by a state or
government
authority
he study of moral Ethics
behavior and is
the cornerstone of
professionalism in
the insurance
industry
Honesty and Truth
Responsibility
and
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Ethical values for Accountability
professions activities Respect and
are Tolerance
Fairness and Justice
Compassion and Caring
the interplay of ethical Market Conduct
standards and
adherence to
following rules and
laws in the
marketing, sales,
service, and claims
administration of an
insurance company
and its agents
A producer has the sell policies that best fit the
responsibility to: insured's needs and wants.
sell policies that are
affordable for the insured
advise the client why information is required.
advise the client how the information will be
the agent has a duty evaluated.
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to the insured when encourage accurate and honest information
completing the from the client.
application as explain the meaning of insurance terms
follows: like waiver of premium, premium loans,
non- forfeiture options, and conditional
receipts.
given to an insured A Conditional Receipt
when an application
is signed, and
payment is
accepted from the
insured.
What is the conditionally states that coverage is bound as
relevance of a long as the information in the
“conditional application is accurate including the outcome of
receipt”? any necessary medical exam
Deceptive sales include any
presentation that would:
give an insured the wrong
What are Deceptive idea about an insurance
Sales Presentations? policy. not provide full
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