Practice Exam FL Personal Lines 20-44 Florida Statutes Questions and Answers with Complete Solutions!!

Misrepresentation - ANSWER-Willful deception of an insurance policy done by dissemination of information Controlled business - ANSWER-When the majority of insurance written is for family members Temporary License - ANSWER-Good for 6 months Foreign - ANSWER-An insurance company formed under the laws of another state Domestic - ANSWER-And insurance company formed under the laws of Florida Alien - ANSWER-And insurance company formed in another country Appointment - ANSWER-When authority is given to a licensee to transact or adjust insurance Authorized insurance company - ANSWER-An insurance company that is licensed to do business in Florida Twisting - ANSWER-Knowingly using at incomplete comparison of insurance policies in order to get the insured to buy apology from you Sliding - ANSWER-Charging an applicant for a specific ancillary coverage in addition to the cost of the auto insurance coverage applied for with out his consent Coercion - ANSWER-Bank loan officer tells them that in order to qualify for the loan they must purchase insurance from the bank FAJUA - ANSWER-Florida Joint Underwritting Association