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Florida 2-20 General Lines Insurance Questions And Answers Latest Top Score. $10.49   Add to cart

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Florida 2-20 General Lines Insurance Questions And Answers Latest Top Score.

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Florida 2-20 General Lines Insurance Questions And Answers Latest Top Score. 5 qualifications to become a General Lines agent - correct answer. 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 ...

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  • October 20, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Florida 2-20 General Lines Insurance
  • Florida 2-20 General Lines Insurance
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Florida 2-20 General Lines Insurance
Questions And Answers Latest Top Score.



5 qualifications to become a General Lines agent - correct answer. 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 controlled business

Department of Financial Services (DFS) - correct answer. 1. Approves issuance of
licenses to agents, CR, and adjusters
2. Supervisions of claims
3. Investigate charges of unethical conduct and take judicial actions

Office of Insurance Regulation (OIR) - correct answer. 1. Examines the
qualifications of the insurance companies doing business in FL
2. Examines the financial conditions of companies
3. Approves forms, rules, and rates

Office of Financial Regulation (OFR) - correct answer. 1. Provides regulatory
oversight to FL's financial providers
2. Reports to the FL Service Commission

FL Surplus Lines Service Office - correct answer. 1. Oversees the surplus lines
industry
2. Reviews all surplus lines policies and documents
3. Collects surplus lines and taxes and fees

Risk - correct answer. Chance of financial loss

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