and Correct Answers/ Florida 20-44 License Test Practice Test Bank (Brand New!)
Misrepresentation - (answer)Willful deception of an insurance policy done by dissemination of
information
Controlled business - (answer)When the majority of insurance written is for family members
Temporary License - (answer)Good for 6 months
Foreign - (answer)An insurance company formed under the laws of another state
Domestic - (answer)And insurance company formed under the laws of Florida
Alien - (answer)And insurance company formed in another country
Appointment - (answer)When authority is given to a licensee to transact or adjust insurance
Authorized insurance company - (answer)An insurance company that is licensed to do business in Florida
Twisting - (answer)Knowingly using at incomplete comparison of insurance policies in order to get the
insured to buy apology from you
Sliding - (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 - (answer)Bank loan officer tells them that in order to qualify for the loan they must purchase
insurance from the bank
FAJUA - (answer)Florida Joint Underwritting Association