Florida insurance final Study guides, Class notes & Summaries

Florida 2-15 Insurance Final Exam with complete solutions. When life insurance proceeds are used to pay inheritance taxes and federal estate taxes, it is known as ️ Estate conservation In group insurance, the primary purpose of the Coordination of Benefits provision is to ️ Prevent overinsurance Which of the following statements is NOT true regarding health insurance policy provisions? ️ All additional provisions written by insurers are cataloged by their respective states. The po...

Florida Real Estate STATE exam Questions and Answers 100% Pass The best protection that the public has during a Real Estate transaction is (are) A. The national and state association of REALTORS B. The punishment of licensees dealing dishonesty C. the high ethical standards of real estate agents D. FREC and the license law D. FREC and the license law A group license A. allows a broker to have a branch office B. allows a sales associate to work for more than one broker C. may be held by a...

Entire Contract Provision - ANSWER found at the beginning of the policy, saying that the policy cannot refer to any outside documents as being part of the contract and prohibiting the insurer from making any changes to the policy after it has been issued. (can only make good changes not bad) Insuring Clause - ANSWER sets forth the company's basic promise to pay benefits upon the insured's death. Free-Look Provision - ANSWER gives policyowners the right to return the policy for a full pre...

ACA Final Exam questions and answers well elaborated 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 All of the above All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and writ...

Final Exam Florida Life & Health Insurance SF 8/17 questions and answers The Universal Life Policy is called an unbundled Life Policy because the policyholder can see the expense charges, the interest earned, and the: - answer-Cost of insurance". The Universal Life Policy is called an unbundled Life Policy because the policyholder can see the expense charges, the interest earned, and the cost of insurance. What is the Suicide provision designed to do? - answer-safeguard the insurer fro...

peril - ANSWER the immdeiate specific event causing loss and giving rise to risk hazard - ANSWER any factor that gives rise to a peril physical hazard - ANSWER individual characteristics that increase chance of peril *physical condition, past medical history, condition at birth moral hazard - ANSWER tendencies that people may have that increase risk and chance of loss *drug addiction and alcholism morale hazard - ANSWER individual tendencies that arise from an attitude or state of m...

ACA Final Exam Questions and Answers 100% Pass 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 All of the above All of the above Which of the following is NOT one of the duties of the Department of Financial Services? License adjusters Set rates and write pol...

Florida Insurance 2-20 Final exam Questions and Answers (2023/2024) (Verified Answers)