FLORIDA STATUTES FINAL EXAM 2-20
QUESTIONS WITH CORRECT ANSWERS
The Florida State exam consists of _______ scored questions plus 15 pretest
questions. - ANSWER-160
You have a total of _____ hours to complete the test. - ANSWER-3
The application must show the applicant is at least _____ years old. - ANSWER-18
The application must show the applicant is a bona fide _______ of or whose place of
business is in Florida. - ANSWER-Resident
The application must show the applicant will have place of business in Florida, will
actively engage in the business, and maintain a place of business identifiable and
________ to the public - ANSWER-Accessible
The application must show the applicant is not seeking the license for purpose of writing
"____________" (more than 50% of income from business for applicant's or family's
interests or other organization in which applicant is associated or interested) -
ANSWER-Controlled business
Florida Statutes, Rules And Regulations Pertinent To Health Insurance - % - ANSWER-
Types Of Property Policies - 16%
Property Insurance Terms And Related Concepts - 9%
Property Policy Provisions And Contract Law - 7%
Types Of Casualty Policies, Bonds, And Related Terms - 16%
Casualty Insurance Terms And Related Concepts - 9%
Casualty Policy Provisions - 7%
Florida Statutes, Rules, And Regulations Common To All Lines - 15%
Florida Statutes, Rules And Regulations Pertinent To General Lines Insurance - 15%
Florida Statutes, Rules And Regulations Pertinent To Health Insurance - 6%
If the applicant has no 4-40 experience then the application must show the applicant is
qualified by knowledge, experience or instruction through having successfully
completed Department-approved ________ hour course within 4 years immediately
preceding date of application. - ANSWER-200
, The General Lines application must show the applicant is qualified by knowledge,
experience or instruction through having completed at least ________ year of
responsible insurance duties as a licensed and appointed Customer Representative (4-
40) or Limited Customer Representative (4-42) in either commercial or personal lines of
property and casualty insurance and a 40 hour 4-40 to 2-20 conversion course
approved by the department. - ANSWER-One
The Personal Lines License application must show the applicant is qualified by
knowledge, experience or instruction through having successfully completed
Department-approved _________ hour course within 4 years immediately preceding
date of application. - ANSWER-60
The Personal Lines license applicant must have completed at least six months within
the last ________ years of responsible insurance duties as a licensed and appointed
Customer Representative (4-40), Limited Customer Representative (4-42), or Service
Representative (0-55) in property and casualty insurance sold to individuals and
families for noncommercial purposes. - ANSWER-Four
The General Lines state exam consists of _______ questions with a ______ hour time
limit. - ANSWER-160,3
For a General Lines License, the applicant the he or she is how man years of age? -
ANSWER-18
When more than 50% of an agent's income comes from business from an agent or their
family, this is know as what type of business? - ANSWER-Controlled business
If an agent's license has gone more than 48 months without an appointment he or she
must apply once again as what? - ANSWER-First time applicant
A designated customer service representative in Florida can only be appointed by who
or what? - ANSWER-A general lines agent
Once your adjuster license has gone beyond __________ months without an
appointment, you will have to qualify as a first time applicant. - ANSWER-48
What elected official is a member of the Florida cabinet, and serves as the head of the
Department of Financial Services? - ANSWER-Chief financial officer
Who directly oversees the Division of Insurance Agent and Agency Services? -
ANSWER-Chief financial officer
Insurance company regulation is administered by which office? - ANSWER-
Commission of office of insurance regulation
Which office provides oversight to Florida's financial service providers? - ANSWER-
Office of financial regulation
________ means the chance of financial loss. - ANSWER-Risk
QUESTIONS WITH CORRECT ANSWERS
The Florida State exam consists of _______ scored questions plus 15 pretest
questions. - ANSWER-160
You have a total of _____ hours to complete the test. - ANSWER-3
The application must show the applicant is at least _____ years old. - ANSWER-18
The application must show the applicant is a bona fide _______ of or whose place of
business is in Florida. - ANSWER-Resident
The application must show the applicant will have place of business in Florida, will
actively engage in the business, and maintain a place of business identifiable and
________ to the public - ANSWER-Accessible
The application must show the applicant is not seeking the license for purpose of writing
"____________" (more than 50% of income from business for applicant's or family's
interests or other organization in which applicant is associated or interested) -
ANSWER-Controlled business
Florida Statutes, Rules And Regulations Pertinent To Health Insurance - % - ANSWER-
Types Of Property Policies - 16%
Property Insurance Terms And Related Concepts - 9%
Property Policy Provisions And Contract Law - 7%
Types Of Casualty Policies, Bonds, And Related Terms - 16%
Casualty Insurance Terms And Related Concepts - 9%
Casualty Policy Provisions - 7%
Florida Statutes, Rules, And Regulations Common To All Lines - 15%
Florida Statutes, Rules And Regulations Pertinent To General Lines Insurance - 15%
Florida Statutes, Rules And Regulations Pertinent To Health Insurance - 6%
If the applicant has no 4-40 experience then the application must show the applicant is
qualified by knowledge, experience or instruction through having successfully
completed Department-approved ________ hour course within 4 years immediately
preceding date of application. - ANSWER-200
, The General Lines application must show the applicant is qualified by knowledge,
experience or instruction through having completed at least ________ year of
responsible insurance duties as a licensed and appointed Customer Representative (4-
40) or Limited Customer Representative (4-42) in either commercial or personal lines of
property and casualty insurance and a 40 hour 4-40 to 2-20 conversion course
approved by the department. - ANSWER-One
The Personal Lines License application must show the applicant is qualified by
knowledge, experience or instruction through having successfully completed
Department-approved _________ hour course within 4 years immediately preceding
date of application. - ANSWER-60
The Personal Lines license applicant must have completed at least six months within
the last ________ years of responsible insurance duties as a licensed and appointed
Customer Representative (4-40), Limited Customer Representative (4-42), or Service
Representative (0-55) in property and casualty insurance sold to individuals and
families for noncommercial purposes. - ANSWER-Four
The General Lines state exam consists of _______ questions with a ______ hour time
limit. - ANSWER-160,3
For a General Lines License, the applicant the he or she is how man years of age? -
ANSWER-18
When more than 50% of an agent's income comes from business from an agent or their
family, this is know as what type of business? - ANSWER-Controlled business
If an agent's license has gone more than 48 months without an appointment he or she
must apply once again as what? - ANSWER-First time applicant
A designated customer service representative in Florida can only be appointed by who
or what? - ANSWER-A general lines agent
Once your adjuster license has gone beyond __________ months without an
appointment, you will have to qualify as a first time applicant. - ANSWER-48
What elected official is a member of the Florida cabinet, and serves as the head of the
Department of Financial Services? - ANSWER-Chief financial officer
Who directly oversees the Division of Insurance Agent and Agency Services? -
ANSWER-Chief financial officer
Insurance company regulation is administered by which office? - ANSWER-
Commission of office of insurance regulation
Which office provides oversight to Florida's financial service providers? - ANSWER-
Office of financial regulation
________ means the chance of financial loss. - ANSWER-Risk
