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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 write controlled business The Department of Financial Services...

UB. 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 agency C. An adjuster D. An insurance ...

actual authority anything a principal authorizes the agent to do aleatory contract contract in which the amounts exchanged are not equal conformity to statute a policy provision that says the policy follows a state's law if the law and policy language are in conflict contrac...

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 controlled business Department of Financial Services (DFS) ...

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 controlled business Department of Financial Services (DFS) ...

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 Provisions - % Florida Statutes,...

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 covered under Social Security disability benefits re...

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 handling controlled business 5. Qualified via: a) 200 hr course b) one year...

The General Lines state exam consists of _______ questions with a ______ hour time limit. 160; 3 For a General Lines License, the applicant the he or she is how man years of age? 18 When more than 50% of an agent's income comes from business from an agent or their family, this is kn...

The clause identifying which losses resulting from an accident or sickness are insured by the policy is called the: Insuring clause K applies for a life insurance policy on herself and submits the initial premium with the application. She is given a receipt by the agent stating that coverage...

Which mode of payment is NOT used by health insurance policies? Single Premium The Coordination of Benefits provision prevents an insured covered by two health plans from making a profit on a covered loss After an insured gives notice of loss, what must he/she do if the insurer does ...

The owner of a camera store is worried that her new employees may help themselves to items from inventory without paying for them. What kind of hazard is described? A. Physical hazard B. Ethical hazard C. Morale hazard D. Moral hazard moral hazard Which of the following statements is cor...

Frank owned a home that was destroyed by a hurricane. Both ABC and XYZ Banks were listed as additional interests on his homeowner policy. The insurance company will make a payment to: A. The first mortgagee, ABC B. The Insured C. Jointly to ABC and XYZ D. All listed interests D. All listed inte...

Real Estate Business Is composed of many specialization's: - (1)Details of Property Transfer -Knowledge of: (2)market conditions (3)how to market real estate business (4)how to analyze buyers needs (5)laws that pertain to real estate Real Estate Brokerage Is the bringing together of ...