Final Exam 4-40 Complete Questions
And Answers
The continuing education requirement to maintain a 4-40 license in Florida is:
CORRECT ANSWERS ten hours every two years
A Personal Auto Policy (PAP) covers the insured in all places except: CORRECT
ANSWERS Mexico
Joe is injured when the jack slips as he is changing a tire in his driveway. The bill for his
treatment in the emergency room is $450. Where will Joe go first to collect for his
medical expenses? CORRECT ANSWERS His PIP insurance
Perils of the Sea include all of the following, EXCEPT: CORRECT ANSWERS Fire
If a customer service rep moves from Jacksonville to Orlando, how long do they have to
notify the Department of Financial Services of their change of address? CORRECT
ANSWERS 30 days
If an insured has $100,000 of "stacked" UM coverage with three cars on the policy, how
much is available under a UM claim? CORRECT ANSWERS $300,000
An employee is injured on the job and is out of work for 10 days. Under Workers
Compensation how many days' wages can this employee recover? CORRECT
ANSWERS 3 days
The insured is an owner and is insured for PIP. She is injured in an accident and has
the following damages: medicals-$12,000, lost wages-$6,000. How much will PIP pay if
there is a $1,000 deductible? CORRECT ANSWERS $10,000
Jim owns two vehicles; one is insured for PIP and one is not insured for PIP. Jim is
driving the vehicle that is not insured for PIP and he has an at-fault accident. Which of
the following is true? CORRECT ANSWERS PIP Benefits are denied to Jim in this case
Which of the following would not result in license suspension? CORRECT ANSWERS
Representing a policy truthfully
What is a foreign insurance company? CORRECT ANSWERS A company chartered
outside the state of Florida
If Coverage A under a HO-3 Policy is $250, 000, the Coverage D limit would be:
CORRECT ANSWERS $75,000
And Answers
The continuing education requirement to maintain a 4-40 license in Florida is:
CORRECT ANSWERS ten hours every two years
A Personal Auto Policy (PAP) covers the insured in all places except: CORRECT
ANSWERS Mexico
Joe is injured when the jack slips as he is changing a tire in his driveway. The bill for his
treatment in the emergency room is $450. Where will Joe go first to collect for his
medical expenses? CORRECT ANSWERS His PIP insurance
Perils of the Sea include all of the following, EXCEPT: CORRECT ANSWERS Fire
If a customer service rep moves from Jacksonville to Orlando, how long do they have to
notify the Department of Financial Services of their change of address? CORRECT
ANSWERS 30 days
If an insured has $100,000 of "stacked" UM coverage with three cars on the policy, how
much is available under a UM claim? CORRECT ANSWERS $300,000
An employee is injured on the job and is out of work for 10 days. Under Workers
Compensation how many days' wages can this employee recover? CORRECT
ANSWERS 3 days
The insured is an owner and is insured for PIP. She is injured in an accident and has
the following damages: medicals-$12,000, lost wages-$6,000. How much will PIP pay if
there is a $1,000 deductible? CORRECT ANSWERS $10,000
Jim owns two vehicles; one is insured for PIP and one is not insured for PIP. Jim is
driving the vehicle that is not insured for PIP and he has an at-fault accident. Which of
the following is true? CORRECT ANSWERS PIP Benefits are denied to Jim in this case
Which of the following would not result in license suspension? CORRECT ANSWERS
Representing a policy truthfully
What is a foreign insurance company? CORRECT ANSWERS A company chartered
outside the state of Florida
If Coverage A under a HO-3 Policy is $250, 000, the Coverage D limit would be:
CORRECT ANSWERS $75,000
