20-44 Personal Lines Agent 2025/2026
Exam Questions and Answers | A+ Score
Assured
Chief Financial Officer - 🧠ANSWER ✔✔Is the head of the Department of
Financial Services (DFS).
The Commissioner of Insurance - 🧠ANSWER ✔✔An appointed official,
answers to the CFO.
DFS - 🧠ANSWER ✔✔Approves issue of licenses to agents, regulates
insurance claims, investigates allegations of ethics violations, and
administers justice within the domain of insurance.
The Commissioner of Insurance is in charge of - 🧠ANSWER ✔✔the Office
of Insurance Regulation (OIR).
, Office of Insurance Regulation (OIR). - 🧠ANSWER ✔✔is in charge of
examining insurance company financials (books and records), and
approving companies to do business in the state.
Persons Required to be Licensed - 🧠ANSWER ✔✔Anyone who solicits or
advises on insurance in Florida must be licensed. See FS 624.425
(specifying that companies can not sell except through a Florida agent) and
626.112 (specifying that individuals may only solicit insurance if they are
licensed and appointed by a company).
Appointments - 🧠ANSWER ✔✔Agents are appointed by insurance carriers,
which is to say they are authorized by a carrier to write insurance policies
"on company paper." Agents who have binding authority and do not need
approval from a company employee to secure coverage are said to "have
the pen" with that company. That is, their signature binds the company to a
contract.
Customer Representatives - 🧠ANSWER ✔✔people with the 4-40 license
4-40 license - 🧠ANSWER ✔✔are only allowed to transact insurance inside
the office, supervised by a 2-20 General Lines Agent. A General Lines
Agent or a Surplus Lines Agent must appoint and supervise the Customer
Exam Questions and Answers | A+ Score
Assured
Chief Financial Officer - 🧠ANSWER ✔✔Is the head of the Department of
Financial Services (DFS).
The Commissioner of Insurance - 🧠ANSWER ✔✔An appointed official,
answers to the CFO.
DFS - 🧠ANSWER ✔✔Approves issue of licenses to agents, regulates
insurance claims, investigates allegations of ethics violations, and
administers justice within the domain of insurance.
The Commissioner of Insurance is in charge of - 🧠ANSWER ✔✔the Office
of Insurance Regulation (OIR).
, Office of Insurance Regulation (OIR). - 🧠ANSWER ✔✔is in charge of
examining insurance company financials (books and records), and
approving companies to do business in the state.
Persons Required to be Licensed - 🧠ANSWER ✔✔Anyone who solicits or
advises on insurance in Florida must be licensed. See FS 624.425
(specifying that companies can not sell except through a Florida agent) and
626.112 (specifying that individuals may only solicit insurance if they are
licensed and appointed by a company).
Appointments - 🧠ANSWER ✔✔Agents are appointed by insurance carriers,
which is to say they are authorized by a carrier to write insurance policies
"on company paper." Agents who have binding authority and do not need
approval from a company employee to secure coverage are said to "have
the pen" with that company. That is, their signature binds the company to a
contract.
Customer Representatives - 🧠ANSWER ✔✔people with the 4-40 license
4-40 license - 🧠ANSWER ✔✔are only allowed to transact insurance inside
the office, supervised by a 2-20 General Lines Agent. A General Lines
Agent or a Surplus Lines Agent must appoint and supervise the Customer
