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FLORIDA 2-20 AGENTS LICENSE EXAM 2024| ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS GRADED A+

FLORIDA 2-20 AGENTS LICENSE EXAM 350 QUESTIONS AND CORRECT DETAILED ANSWERS TOP RATED VERSION FOR ALREADY A GRADED WITH EXPERT FEEDBACK | NEW AND REVISED

QUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

QUESTIONS AND ANSWERS

Florida 2-20 Agents License Exam with 100% verified solutions 2024 The Florida Surplus Service Lines Office (FSLSO) was created to oversee the surplus lines industry in the state

Florida 2-20 Agents License Exam Questions with correct Answers_2024

The Florida Surplus Service Lines Office (FSLSO) was created to - Correct Answeroversee the surplus lines industry in the state Which of the following is NOT a required qualification for a General Lines Agent: - Correct Answer- Seeking the license only to write controlled business The Department of Financial Services performs the following, EXCEPT: - Correct Answer- Pays insurance claims Once license, you have how long to obtain an appointment? - Correct Answer- 48 months Which of the fol...

Duties of the Officer of Insurance Regulation: - ANSWER- Approve policy forms Approve policy rules Approve qualifications of insurance companies An alternate method of insuring where a single amount is applied to two or more coverage items and the full amount is available to apply to any item is called: - ANSWER- Blanket When the insurer agrees to pay on behalf of the insured all the sums the insured is legally obligated to pay is called: - ANSWER- Third party claim The failure to exerci...

Admitted Aircraft Liability Coverage - ANSWER- A coverage sometimes written in conjunction with Aircraft Passenger Liability which can provide reimbursement for death or dismemberment without requiring legal action. Appraisal Clause - ANSWER- Clause which provides an appraisal procedure when the insured and the insurer are in disagreement regarding the amount of a loss. Insured and insurer each choose an appraiser, who, failing to agree, select an umpire. Agreement of any two of the three ...