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CHAPTER 17/2: FLORIDA GENERAL REGULATIONS CONTINUED QUESTIONS AND CORRECT ANSWERS A GRADED $12.99   Add to cart

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CHAPTER 17/2: FLORIDA GENERAL REGULATIONS CONTINUED QUESTIONS AND CORRECT ANSWERS A GRADED

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CHAPTER 17/2: FLORIDA GENERAL REGULATIONS CONTINUED QUESTIONS AND CORRECT ANSWERS A GRADED In bFlorida, bwhat bis bthe bminimum bage bto bbecome blicensed bas ban binsurance bproducer? b- b(correct banswer) b-The bminimum bage bto bbecome blicensed bas ban binsurance bproducer bin bFlorida bi...

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  • September 3, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CHAPTER 17/2:
  • CHAPTER 17/2:
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Willsmith22
CHAPTER 17/2: FLORIDA GENERAL
REGULATIONS CONTINUED
QUESTIONS AND CORRECT ANSWERS
A GRADED
In bFlorida, bwhat bis bthe bminimum bage bto bbecome blicensed bas ban binsurance
bproducer? b- b(correct banswer) b-The bminimum bage bto bbecome blicensed bas ban
binsurance bproducer bin bFlorida bis b18.
The bcorrect banswer bis: b18

What bis bthe bbiennial blicense bfee bfor ban binsurance bagent bin bFlorida? b- b(correct
banswer) b-The bagent bappointment bfee band bbiennial brenewal bis b$60 b(including btax),
bpaid bby beach bappointing binsurer.
The bcorrect banswer bis: b$60

How bmuch bnotice bmust ban bappointing bentity bgive ban bappointee bbefore btheir
btermination? b- b(correct banswer) b-An bappointing bentity bmay bterminate bits
bappointment bof bany bappointee bat bany btime. bExcept bwhen btermination bis bupon ba
bground bwhich bwould bsubject bthe bappointee bto bsuspension bor brevocation bof btheir
blicense band bappointment, band bexcept bas bprovided bby bcontract bbetween bthe
bappointing bentity band bthe bappointee, bthe bappointing bentity bwill bgive bat bleast b60
bdays' badvance bwritten bnotice bof bits bintention bto bterminate bsuch bappointment bto
bthe bappointee.
The bcorrect banswer bis: b60 bdays

Which bof bthe bfollowing bis ba bcorrect bstatement bconcerning ban bapplication? b-
b(correct banswer) b-Agents bcannot bmake bchanges bto bthe binsurance bapplication. bNo
balteration bof bany bwritten bapplication bfor bany blife bor bhealth binsurance bpolicy bshall
bbe bmade bby bany bperson bother bthan bthe bapplicant bwithout bhis bwritten bconsent,
bexcept bthat binsertions bmay bbe bmade bby bthe binsurer, bfor badministrative bpurposes
bonly, bin bsuch bmanner bas bto bindicate bclearly bthat bsuch binsertions bare bnot bto bbe
bascribed bto bthe bapplicant.
The bcorrect banswer bis: bAll bof bthe babove

In bFlorida, bwho bpays bthe bbiennial bagent bappointment brenewal bfee? b- b(correct
banswer) b-The bappointing binsurer bpays bthe bappointment brenewal bfee bfor beach
bappointed bagent.
The bcorrect banswer bis: bInsurers

Which bof bthe bfollowing bis bfalse? b- b(correct banswer) b-All bpersons bperforming bthe
bduties bof ban bagent bmust bbe blicensed bas ban bagent bin bFlorida. bAn binsurance

, bagency bis bany bbusiness blocation bwhere bindividuals bengage bin bthe bactions bwhich
bmay bonly bbe bperformed bby ba blicensed binsurance bagent. bEach binsurance bagency
bmust bhave ban bagent bin bcharge. bSuch bperson bmust bbe bfull-time bat bthe bparticular
bagency blocation. bAll bbranch blocations bmust balso bbe blicensed bseparately. bOne
bagent bin bcharge bcan bmanage bseveral bbranch blocations. bA blife band/or bhealth
bagent bworking bout bof bhis bhome bdoes bnot bneed bto blicense bhis bhome bas ban
binsurance bagency.
The bcorrect banswer bis: bAll bbranch blocations bmay balso bbe blicensed btogether.

How blong bmay ba blicensed bnonresident bof bFlorida btransact binsurance bbefore bthey
bmust bhave ba bresident blicense? b- b(correct banswer) b-Any bindividual bwho bholds ba
bFlorida bnonresident bagent's blicense, bupon bbecoming ba bresident bof bFlorida bmay,
bfor ba bmaximum bperiod bof b90 bdays, bcontinue bto btransact binsurance bin bFlorida
bunder bthe bnonresident blicense band bappointment. bSuch bindividual bmust bmake
bapplication bfor bresident blicensure band bmust bbecome blicensed bas ba bresident bagent
bwithin b90 bdays bafter bbecoming ba bFlorida bresident.
The bcorrect banswer bis: b90 bdays

How bmuch bis bthe bfine bif ban bagent bfails bto breport ba bchange bin baddress bor bphone
bnumber bin bthe brequired btimeframe? b- b(correct banswer) b-Failure bto bnotify bthe
bdepartment bwithin bthe brequired btime bperiod bwill bresult bin ba bfine bnot bto bexceed
b$250 bfor bthe bfirst boffense band, bfor bsubsequent boffenses, ba bfine bof bat bleast b$500
bor bsuspension bor brevocation bof bthe blicense.
The bcorrect banswer bis: b$250 bthe bfirst btime band b$500 bthe bsecond btime

Agents bwho bhave bbeen blicensed bfor bless bthan b6 byears bmust bcomplete bhow bmany
bcontinuing beducation bhours bevery b2 byears? b- b(correct banswer) b-Agents bmust
bcomplete ba bminimum bof b24 bhours bof bcontinuing beducation bcourses bevery b2
byears. bAt bleast b3 bof bthe bhours bmust bbe bethics. bFor blife bagents, bat bleast b3 bof bthe
bhours bmust bcover bsuitability bin bannuity band blife binsurance btransactions. bAgents
bwho bhave bbeen blicensed bfor b6 bor bmore byears bmust bcomplete b20 bhours bof
bcontinuing beducation bcourses bevery b2 byears.
The bcorrect banswer bis: b24 bhours

Which bof bthe bfollowing bmust bbe bshown bon bthe bfirst bpage bof bthe bapplication bform
bat bthe btime bthe bpremium bis bquoted? b- b(correct banswer) b-All bapplications bfor ban
binsurance bpolicy bor bannuity bcontract bmust bprominently bdisplay bthe bname bof bthe
binsuring bentity bon bthe bfirst bpage bof bthe bapplication bform bat bthe btime bthe
bcoverage bis bbound bor bpremium bis bquoted. bApplications bwill balso bdisclose bthe
bname band blicense bidentification bnumber bof bthe bagent bas bshown bon bthe bagent's
blicense bissued bby bthe bdepartment. bThe bname band blicense bidentification bnumber
bof bthe bagent bmust bbe bshown bon bthe bfirst bpage.
The bcorrect banswer bis: bAll bof bthe babove

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