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Exam (elaborations)

ACA Final Exam Questions And Correct Answers

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ACA Final Exam Questions And Correct Answers At the end of this course, you must do which of the following? Pass the final course exam with a scored of 70% or higher Print your certificate from this website Apply for your Insurance Adjuster license at the Florida Department of Financial Servic...

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  • October 15, 2024
  • 23
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ACA
  • ACA
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sirjoel
©SIRJOEL EXAM SOLUTIONS
10/14/2024 11:14 PM




ACA Final Exam Questions And Correct
Answers


At the end of this course, you must do which of the following?




Pass the final course exam with a scored of 70% or higher




Print your certificate from this website




Apply for your Insurance Adjuster license at the Florida Department of Financial Services

website at www.myfloridacfo.com/division/agents




All of the above - answer✔All of the above


Which of the following is NOT one of the duties of the Department of Financial Services?

, ©SIRJOEL EXAM SOLUTIONS
10/14/2024 11:14 PM
License adjusters

Set rates and write policies for various company products

Supervise the claims activity of adjusters


Investigate charges of unethical conduct of adjusters - answer✔Set rates and write policies for

various company products

When an insurance licensee moves, he has how long to notify the Florida Dept. of Financial

Services of his change of address?




10 Days

30 Days

60 Days


180 Days - answer✔30


An Insurance Policy is a contract with all of the following characteristics, EXCEPT




It is a personal contract.

Parties are of unequal power with ambiguities or unclear wording resolved in favor of the

insured because it is a contract of adhesion.

Indemnity is not part of an insurance contract.

, ©SIRJOEL EXAM SOLUTIONS
10/14/2024 11:14 PM
There are conditions imposed upon both the insurer and insured. - answer✔Indemnity is not part

of an insurance contract.

An insurance contract may contain a "gray area" or an ambiguity, that is generally resolved in

favor of the insured because insurance policies are contracts of:




Indemnity

Cohesion

Adhesion


Conditions - answer✔adhesion


Strict or Absolute Liability




applies to school systems.

must have failure to use "due care.

"considers the actions of a prudent person.


is assigned by law or statute. - answer✔is assigned by law or statute.


Risks that are insurable are:

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