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Exam (elaborations)

ACA Final Exam Practice Questions and Answers

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ACA Final Exam Practice Questions and 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 22, 2024
  • 24
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • ACA
  • ACA
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GraceAmelia
©GRACEAMELIA 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED

FIRST PUBLISH OCTOBER 2024




ACA Final Exam Practice Questions and 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 - Ans:✔✔-All of the above


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




License adjusters
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FIRST PUBLISH OCTOBER 2024




Set rates and write policies for various company products


Supervise the claims activity of adjusters


Investigate charges of unethical conduct of adjusters - Ans:✔✔-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 - Ans:✔✔-30


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




It is a personal contract.




Page 2/24

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FIRST PUBLISH OCTOBER 2024




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.


There are conditions imposed upon both the insurer and insured. - Ans:✔✔-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 - Ans:✔✔-adhesion


Strict or Absolute Liability




applies to school systems.




Page 3/24

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