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Florida Property & Casualty Insurance / Personal Lines Rated A+
Florida Property & Casualty Insurance / Personal Lines Rated A+
[Show more]Florida Property & Casualty Insurance / Personal Lines Rated A+
[Show more]Florida Property & Casualty Insurance All Answers Correct 
The FAJUA is composed of: ️All companies licensed to write auto insurance in Florida 
A coverage that is similar to premises and operations coverage in the Commercial General Liability Policy 
covering bodily injury and property damage ...
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Add to cartFlorida Property & Casualty Insurance All Answers Correct 
The FAJUA is composed of: ️All companies licensed to write auto insurance in Florida 
A coverage that is similar to premises and operations coverage in the Commercial General Liability Policy 
covering bodily injury and property damage ...
Property And Casualty Florida Verified Answers 
risk ️Chance of a financial loss 
Assumed risk ️Amount of risk the insured is willing to absorb 
Pure Risk ️a risk that presents the chance of loss but no opportunity for gain 
Speculative Risk ️Chance of loss or gain 
insurance ️a pract...
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Add to cartProperty And Casualty Florida Verified Answers 
risk ️Chance of a financial loss 
Assumed risk ️Amount of risk the insured is willing to absorb 
Pure Risk ️a risk that presents the chance of loss but no opportunity for gain 
Speculative Risk ️Chance of loss or gain 
insurance ️a pract...
Florida 2-20 Already Rated A+ 
B. A general lines agent or a general lines insurance agency ️Who may appoint a Customer 
Representative? 
Select one: 
A. A surplus lines agent holding a general lines license and a surplus lines license 
B. A general lines agent or a general lines insurance a...
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B. A general lines agent or a general lines insurance agency ️Who may appoint a Customer 
Representative? 
Select one: 
A. A surplus lines agent holding a general lines license and a surplus lines license 
B. A general lines agent or a general lines insurance a...
Pearson VUE: Property Insurance Practice Exam, Study questions insurance, 
Casualty FL 
S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of 
$100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the 
...
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Add to cartPearson VUE: Property Insurance Practice Exam, Study questions insurance, 
Casualty FL 
S is purchasing a Commercial Property policy to cover a commercial building with a replacement cost of 
$100,000. The policy includes an 80 percent Coinsurance clause. To avoid a coinsurance penalty in the 
...
Florida Insurance Exam All Answers Correct 
Risk ️the chance of financial loss 
Risk is NOT the loss itself, but the _________ of loss. ️CHANCE 
Policy ️a written contract for effecting insurance and includes Clauses, Riders, endorsements, and 
papers which are part of the contract 
Insur...
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Add to cartFlorida Insurance Exam All Answers Correct 
Risk ️the chance of financial loss 
Risk is NOT the loss itself, but the _________ of loss. ️CHANCE 
Policy ️a written contract for effecting insurance and includes Clauses, Riders, endorsements, and 
papers which are part of the contract 
Insur...
Property & Casualty ADBanker Multiple Choice Questions Graded A+ 
Which of the following is NOT contained in the Conditions section of an insurance policy? 
b)a)ExclusionsAppraisal 
c)Changes 
d)Assignment ️ 
The insured's duties after a loss include all the following, except: 
a)Notify pol...
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Add to cartProperty & Casualty ADBanker Multiple Choice Questions Graded A+ 
Which of the following is NOT contained in the Conditions section of an insurance policy? 
b)a)ExclusionsAppraisal 
c)Changes 
d)Assignment ️ 
The insured's duties after a loss include all the following, except: 
a)Notify pol...
Property & Casualty Policy Provisions & Contract Law 24 Questions Rated A 
Declarations Identifies named insured, mailing address, policy period, coverages (limits & premium) 
and loss payees (lien holders) 
Insuring agreement types of property covered and perils insured against 
Conditions desc...
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Add to cartProperty & Casualty Policy Provisions & Contract Law 24 Questions Rated A 
Declarations Identifies named insured, mailing address, policy period, coverages (limits & premium) 
and loss payees (lien holders) 
Insuring agreement types of property covered and perils insured against 
Conditions desc...
Florida 2-20 Agents License Exam Questions Verified Answers 
The Florida Surplus Service Lines Office (FSLSO) was created to ️oversee the surplus lines industry in 
the state 
Which of the following is NOT a required qualification for a General Lines Agent: ️Seeking the license 
only to writ...
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Add to cartFlorida 2-20 Agents License Exam Questions Verified Answers 
The Florida Surplus Service Lines Office (FSLSO) was created to ️oversee the surplus lines industry in 
the state 
Which of the following is NOT a required qualification for a General Lines Agent: ️Seeking the license 
only to writ...
Florida 2-15 Insurance License Exam Guaranteed Success 
Accumulation units are converted into annuity units: ️at the time of annuity payout. 
A group life insurance plan in which the employer pays the entire premium is known as a 
________________ plan. ️noncontributory 
If a disabled worker...
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Add to cartFlorida 2-15 Insurance License Exam Guaranteed Success 
Accumulation units are converted into annuity units: ️at the time of annuity payout. 
A group life insurance plan in which the employer pays the entire premium is known as a 
________________ plan. ️noncontributory 
If a disabled worker...
Florida 2-15 Insurance License Exam Complete Guide 
Accumulation units are converted into annuity units: ️at the time of annuity payout. 
A group life insurance plan in which the employer pays the entire premium is known as a 
________________ plan. ️noncontributory 
If a disabled worker cov...
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Add to cartFlorida 2-15 Insurance License Exam Complete Guide 
Accumulation units are converted into annuity units: ️at the time of annuity payout. 
A group life insurance plan in which the employer pays the entire premium is known as a 
________________ plan. ️noncontributory 
If a disabled worker cov...
Florida General Lines Agent Exam Questions 2024 
What is the definition of a risk that is insurable? 
a.Risk is defined as a chance or the possibility of financial loss; only pure risks are insurable as there is no 
possibility of a gain 
b.A chance of a loss or gain 
c.A risk where there is a ...
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Add to cartFlorida General Lines Agent Exam Questions 2024 
What is the definition of a risk that is insurable? 
a.Risk is defined as a chance or the possibility of financial loss; only pure risks are insurable as there is no 
possibility of a gain 
b.A chance of a loss or gain 
c.A risk where there is a ...
Cheat Sheet - Property & Casualty Verified Solutions 
What are the forms of homeowner policies? ️HO-2, HO-3, HO-4, HO-5, HO-6, HO-8. Each of these 
forms provides identical liability coverage. The property coverage varies with the homeowners form 
selected. The following is a list of the forms ...
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Add to cartCheat Sheet - Property & Casualty Verified Solutions 
What are the forms of homeowner policies? ️HO-2, HO-3, HO-4, HO-5, HO-6, HO-8. Each of these 
forms provides identical liability coverage. The property coverage varies with the homeowners form 
selected. The following is a list of the forms ...
Florida 2-20 General Lines Study Manual 27th Edition Graded A+ 
1.4 Qualifications for General Lines License ️1. 18 or older 
2. resident of FL or place of business in FL 
3. will be active in business, business is accessible and identifiable by public 
4. not licensing for writing or handlin...
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Add to cartFlorida 2-20 General Lines Study Manual 27th Edition Graded A+ 
1.4 Qualifications for General Lines License ️1. 18 or older 
2. resident of FL or place of business in FL 
3. will be active in business, business is accessible and identifiable by public 
4. not licensing for writing or handlin...
Florida Personal Lines 20-44 Definitions Complete Solutions 
Abandonment Clause ️A clause often contained in property insurance policies stating that the 
insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full 
value 
Accident ️A sudden fortuitous eve...
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Add to cartFlorida Personal Lines 20-44 Definitions Complete Solutions 
Abandonment Clause ️A clause often contained in property insurance policies stating that the 
insured cannot abandon damaged property to the insurer and demand to be reimbursed for its full 
value 
Accident ️A sudden fortuitous eve...
Final exam 2-20 Verified Answers 
Types Of Property Policies - % 
Property Insurance Terms And Related Concepts - % 
Property Policy Provisions And Contract Law - % 
Types Of Casualty Policies, Bonds, And Related Terms - % 
Casualty Insurance Terms And Related Concepts - % 
Casualty Policy Pro...
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Add to cartFinal exam 2-20 Verified Answers 
Types Of Property Policies - % 
Property Insurance Terms And Related Concepts - % 
Property Policy Provisions And Contract Law - % 
Types Of Casualty Policies, Bonds, And Related Terms - % 
Casualty Insurance Terms And Related Concepts - % 
Casualty Policy Pro...
Insurance Terms and Related Concepts. (Florida Edition) Verified Answers 
What type of policy insures all property at multiple locations for a single amount? Blanket Policy! 
In property insurance, when must insurable interest exist? At the time of loss! 
An insured's business is damaged by a fi...
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Add to cartInsurance Terms and Related Concepts. (Florida Edition) Verified Answers 
What type of policy insures all property at multiple locations for a single amount? Blanket Policy! 
In property insurance, when must insurable interest exist? At the time of loss! 
An insured's business is damaged by a fi...
20-44 Personal Lines Agent PreXam Flashcards All Sets Rated A 
The cost to replace an item or property at the time of loss, minus depreciation ️Actual Cash Value 
(ACV) 
a type of policy limit which limits coverage to a specified total amount for all losses occuring w/in the 
policy period ️...
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Add to cart20-44 Personal Lines Agent PreXam Flashcards All Sets Rated A 
The cost to replace an item or property at the time of loss, minus depreciation ️Actual Cash Value 
(ACV) 
a type of policy limit which limits coverage to a specified total amount for all losses occuring w/in the 
policy period ️...
220 EXAM - FLORIDA STATUTES VERIFIED SOLUTIONS 
All of the following are grounds for compulsory refusal, suspension, or 
revocation EXCEPT: 
A. Unlawfully rebating 
B. Fraudulent submission of a Workers' Comp app 
C. Lack of reasonably adequate knowledge 
D. Soliciting insurance in other area...
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Add to cart220 EXAM - FLORIDA STATUTES VERIFIED SOLUTIONS 
All of the following are grounds for compulsory refusal, suspension, or 
revocation EXCEPT: 
A. Unlawfully rebating 
B. Fraudulent submission of a Workers' Comp app 
C. Lack of reasonably adequate knowledge 
D. Soliciting insurance in other area...
Final Exam 4-40 Graded A+ 
The continuing education requirement to maintain a 4-40 license in Florida is: ️ten hours every two 
years 
A Personal Auto Policy (PAP) covers the insured in all places except: ️Mexico 
Joe is injured when the jack slips as he is changing a tire in his driveway. T...
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Add to cartFinal Exam 4-40 Graded A+ 
The continuing education requirement to maintain a 4-40 license in Florida is: ️ten hours every two 
years 
A Personal Auto Policy (PAP) covers the insured in all places except: ️Mexico 
Joe is injured when the jack slips as he is changing a tire in his driveway. T...
2-20 Florida Insurance flashcards verified answers 
Pure Risk ️a situation that presents the opportunity for loss, but no opportunity for gain. 
due to physical damage or bodily injury. 
Ex. Fire Loss- not anticipated but poss. 
Speculative Risk ️We speculate or have uncertainty about an ev...
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Add to cart2-20 Florida Insurance flashcards verified answers 
Pure Risk ️a situation that presents the opportunity for loss, but no opportunity for gain. 
due to physical damage or bodily injury. 
Ex. Fire Loss- not anticipated but poss. 
Speculative Risk ️We speculate or have uncertainty about an ev...
Property-Insurance Terms & Related Concepts All Answers Correct 
Insurance ️The TRANSFER of financial responsibility associated with a potential of a loss (risk) to an 
insurance company, which in turn spreads the costs of unexpected losses to many individuals. 
Insurance ️Contract in which o...
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Add to cartProperty-Insurance Terms & Related Concepts All Answers Correct 
Insurance ️The TRANSFER of financial responsibility associated with a potential of a loss (risk) to an 
insurance company, which in turn spreads the costs of unexpected losses to many individuals. 
Insurance ️Contract in which o...
Exam 1 insurance licensing Florida All Answers Correct 
What is the primary difference between a staff adjuster and an independent adjuster? ️A staff 
adjuster works for an insurance company and an independent adjuster works independently for 
themselves or for adjusting firms who represent man...
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Add to cartExam 1 insurance licensing Florida All Answers Correct 
What is the primary difference between a staff adjuster and an independent adjuster? ️A staff 
adjuster works for an insurance company and an independent adjuster works independently for 
themselves or for adjusting firms who represent man...
2-20 General Lines Florida Insurance All Answers Correct 
Abandonment Clause ️often contained in a p/c policy stating that the insured cannot abandon 
damaged property to the (dump on) insurer and demand reimbursement for the full value. 
Accounts Receivable Coverage Form ️Inland Marine Cover...
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Add to cart2-20 General Lines Florida Insurance All Answers Correct 
Abandonment Clause ️often contained in a p/c policy stating that the insured cannot abandon 
damaged property to the (dump on) insurer and demand reimbursement for the full value. 
Accounts Receivable Coverage Form ️Inland Marine Cover...
2/19 Florida Statutes, Rules and Regulations Pertinent to General Lines 
Insurance Complete Guide 
Florida Automobile Joint Underwriting Association: ️Market source for persons who are unable to 
purchase Auto insurance through normal channels. 
Florida Automobile Joint Underwriting Associatio...
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Add to cart2/19 Florida Statutes, Rules and Regulations Pertinent to General Lines 
Insurance Complete Guide 
Florida Automobile Joint Underwriting Association: ️Market source for persons who are unable to 
purchase Auto insurance through normal channels. 
Florida Automobile Joint Underwriting Associatio...
Claims Adjuster Florida Complete Solutions Rated A 
For purposes of insurance, a "loss" is best defined as: ️an unwelcomed, unplanned reduction in 
economic value 
An automatic sprinkler system in a hotel building is a risk reduction measure because it: ️reduces the 
amount of damage that ...
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Add to cartClaims Adjuster Florida Complete Solutions Rated A 
For purposes of insurance, a "loss" is best defined as: ️an unwelcomed, unplanned reduction in 
economic value 
An automatic sprinkler system in a hotel building is a risk reduction measure because it: ️reduces the 
amount of damage that ...
Personal Lines License 20-44 Already Graded A+ 
Warranty ️policy condition, either based on information in the insured's application or inserted by 
the insurer 
Misrepresentation ️an untrue statement by the insured, made in an application but does not become 
a part of the policy 
Broad E...
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Add to cartPersonal Lines License 20-44 Already Graded A+ 
Warranty ️policy condition, either based on information in the insured's application or inserted by 
the insurer 
Misrepresentation ️an untrue statement by the insured, made in an application but does not become 
a part of the policy 
Broad E...
Types of Casualty Policies, Bonds and Related Terms Verified Answers 
personal injury ️injury to a persons character 
advertising injury ️nonphysical injury to a business (defamation) 
coverage territory ️-united states -US territories and possessions -Canada 
premise and operations ️ha...
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Add to cartTypes of Casualty Policies, Bonds and Related Terms Verified Answers 
personal injury ️injury to a persons character 
advertising injury ️nonphysical injury to a business (defamation) 
coverage territory ️-united states -US territories and possessions -Canada 
premise and operations ️ha...
20-44 Florida License Complete Guide 
Risk ️Change of a financial loss/uncertainty of a loss to happen/uncertainty of future outcome 
Assumed Risk ️Amount of risk the insured is willing to absorb 
Pure Risk ️A situation that present the opportunity for loss, but for no gain; Insurable risk ...
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Add to cart20-44 Florida License Complete Guide 
Risk ️Change of a financial loss/uncertainty of a loss to happen/uncertainty of future outcome 
Assumed Risk ️Amount of risk the insured is willing to absorb 
Pure Risk ️A situation that present the opportunity for loss, but for no gain; Insurable risk ...
Florida 2-20 General Lines Insurance Guaranteed Success 
5 qualifications to become a General Lines agent ️1. At least 18 years of age 
2. United States citizen or legal alien 
3. Bona fide resident of Florida 
4. Place of business located in Florida 
5. Not licensed for purpose of writing co...
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Add to cartFlorida 2-20 General Lines Insurance Guaranteed Success 
5 qualifications to become a General Lines agent ️1. At least 18 years of age 
2. United States citizen or legal alien 
3. Bona fide resident of Florida 
4. Place of business located in Florida 
5. Not licensed for purpose of writing co...
Florida Licensing All Answers Correct 
All of the following describe insurable interest EXCEPT: 
• It must exist at the time of the loss 
• It must exist for insurance to respond 
• Shows a similarity between insurance and wagering 
• The insured would suffer an economic loss • Shows ...
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Add to cartFlorida Licensing All Answers Correct 
All of the following describe insurable interest EXCEPT: 
• It must exist at the time of the loss 
• It must exist for insurance to respond 
• Shows a similarity between insurance and wagering 
• The insured would suffer an economic loss • Shows ...
FL 4-40 License Complete Guide 
Risk ️the chance of financial loss 
what is the only way that a person can transfer the risk of exposure to the insurance company? ️Is if 
the insurance company can measure the risk 
What is an insurance policy soley designed to do? ️to recompose the insured...
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Add to cartFL 4-40 License Complete Guide 
Risk ️the chance of financial loss 
what is the only way that a person can transfer the risk of exposure to the insurance company? ️Is if 
the insurance company can measure the risk 
What is an insurance policy soley designed to do? ️to recompose the insured...
Florida Adjuster All Lines Graded A+ 
The Adjuster's Code of Ethics starts with a basic premise which states: ️The work of adjusting engages 
the public trust 
Once an adjuster is licensed he or she must maintain a continuing education requirement. Select from 
the following an adjuster's co...
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Add to cartFlorida Adjuster All Lines Graded A+ 
The Adjuster's Code of Ethics starts with a basic premise which states: ️The work of adjusting engages 
the public trust 
Once an adjuster is licensed he or she must maintain a continuing education requirement. Select from 
the following an adjuster's co...
Exam Questions 2-20 Units 1-17 Graded A+ 
True or False? An applicant for the 2-20 General Lines Agent License can seek the license for the purpose 
of writing "controlled business". ️False 
An applicant must not be seeking to obtain the 2-20 General Lines Agent License for the purpose of 
w...
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Add to cartExam Questions 2-20 Units 1-17 Graded A+ 
True or False? An applicant for the 2-20 General Lines Agent License can seek the license for the purpose 
of writing "controlled business". ️False 
An applicant must not be seeking to obtain the 2-20 General Lines Agent License for the purpose of 
w...
P&C License Exam - Practice Test Questions Guaranteed Success 
Who would be able to collect survivor and death benefits from WC in the event the covered injury 
resulting in the death of an employee? ️Spouse of Employee 
Which type of crime best describes someone who waits until store personnel...
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Add to cartP&C License Exam - Practice Test Questions Guaranteed Success 
Who would be able to collect survivor and death benefits from WC in the event the covered injury 
resulting in the death of an employee? ️Spouse of Employee 
Which type of crime best describes someone who waits until store personnel...
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