Florida 2-20 Examination / Newest
Version with Well-Detailed Questions
and Reliable Answers from Verified
Study Resources / Already Graded A+
Who may appoint a Customer Representative?
Select one:
A. A surplus lines agent holding a general lines license and a surplus
lines license
B. A general lines agent or a general lines insurance agency
C. An adjuster
D. An insurance company
B. A general lines agent or a general lines insurance agency
Mr. Smith lives in New Jersey but visits Florida each year. When does
he come under the Florida No-Fault system, in any 365-day period?
Select one:
A. After 60 days in Florida
B. After 30 days in Florida
C. After 14 days in Florida
D. After 90 days in Florida
D. After 90 days in Florida
A Hospital Indemnity Policy covers which of the following expenses?
Select one:
A. A flat amount per day for hospital room and board
B. Nursing care in the insured's home
,C. Medical supplies
D. Surgical fees incurred in the hospital
A. A flat amount per day for hospital room and board
Under the Garagekeepers coverage, Section III of the Garage policy,
the insured suffers a single vandalism loss to nine (9) vehicles
belonging to customers. Damage is $100 per vehicle. How much will
the policy pay?
Select one:
A. $500
B. $900
C. Nothing
D. $400
D. $400
Bob, an accountant of XYZ, drives his own car to the bank to make a
deposit for XYZ. Bob has an at-fault accident. If XYZ carries
$1,000,000 Bodily Injury/Property Damage coverage with a Symbol 2
for covered autos, and Bob carries no insurance, how much coverage
is applicable for XYZ?
Select one:
A. No coverage
B. $10,000/$20,000 Bodily Injury and $10,000 Property Damage
C. $1,000,000
D. $500,000
A. No coverage
Unless properly licensed an general lines agent cannot
Select one:
A. All of these answers are correct
B. Receive any money on account for any insurer or receive money to
be transmitted to an insurer for a policy, renewal, endorsement or
certificate
C. Solicit insurance or procure applications for insurance
,D. Directly or indirectly represent himself or herself to be an agent or
receive, deliver or forward any insurance policy within the state
A. All of these answers are correct
At the time of a loss, it is found that the covered building had been
vacant for the period of 75 consecutive days immediately preceding
the loss. Which of the following perils would not be covered?
Select one:
A. All of these answers are correct
B. Windstorm
C. Fire
D. Vandalism
D. Vandalism
Homeowner's Coverage C - Personal Property covers each of the
following situations except?
Select one:
A. The property of a guest anywhere in the world
B. The insured's personal property while in Mexico at a secondary
dwelling
C. A resident employee's contents at the insured's dwelling
D. The property of others while located at the insured's dwelling at the
insured's request
A. The property of a guest anywhere in the world
Under a basic Boiler and Machinery Form, with no special
endorsements, which of the following losses would be covered?
Select one:
A. The insured suffers loss of income following an accident to a
covered object
B. During an accident involving a covered object, a visitor on the
insured's premises suffers injuries and sued the insured
C. During testing, after some repairs, a boiler had a sudden
breakdown
D. Property owned by another in the care of the insured was damaged
, in an accident to an insured object, resulting in a claim by the owner
of the property
D. Property owned by another in the care of the insured was damaged
in an accident to an insured object, resulting in a claim by the owner
of the property
The Homeowner's, HO3 policy will provide coverage for a student
away at college as long as the student's premises was not
unoccupied more than how many days prior to the loss?
Select one:
A. 60 days
B. 30 days
C. 90 days
D. 45 days
C. 90 days
Florida Statutes establish standards, which must be met by Medicare
Supplement insurance. Which of the following is not a standard?
Select one:
A. The policy may not limit coverage for more than 6 months because
of a pre-existing health condition
B. Policies must be written in understandable language
C. The policy is returnable within one year for full premium refund
D. The policy must be accompanied by an outline of coverage and a
Medicare Supplement Buyer's Guide
C. The policy is returnable within one year for full premium refund
Which of the following does not have an insurable interest in a
property?
Select one:
A. A mortgage company
B. A friend who purchased insurance in his own name because the
owner refuses to buy insurance
C. The son of owner who expects to inherit property
D. A mother-in-law who gives cash as a gift
Version with Well-Detailed Questions
and Reliable Answers from Verified
Study Resources / Already Graded A+
Who may appoint a Customer Representative?
Select one:
A. A surplus lines agent holding a general lines license and a surplus
lines license
B. A general lines agent or a general lines insurance agency
C. An adjuster
D. An insurance company
B. A general lines agent or a general lines insurance agency
Mr. Smith lives in New Jersey but visits Florida each year. When does
he come under the Florida No-Fault system, in any 365-day period?
Select one:
A. After 60 days in Florida
B. After 30 days in Florida
C. After 14 days in Florida
D. After 90 days in Florida
D. After 90 days in Florida
A Hospital Indemnity Policy covers which of the following expenses?
Select one:
A. A flat amount per day for hospital room and board
B. Nursing care in the insured's home
,C. Medical supplies
D. Surgical fees incurred in the hospital
A. A flat amount per day for hospital room and board
Under the Garagekeepers coverage, Section III of the Garage policy,
the insured suffers a single vandalism loss to nine (9) vehicles
belonging to customers. Damage is $100 per vehicle. How much will
the policy pay?
Select one:
A. $500
B. $900
C. Nothing
D. $400
D. $400
Bob, an accountant of XYZ, drives his own car to the bank to make a
deposit for XYZ. Bob has an at-fault accident. If XYZ carries
$1,000,000 Bodily Injury/Property Damage coverage with a Symbol 2
for covered autos, and Bob carries no insurance, how much coverage
is applicable for XYZ?
Select one:
A. No coverage
B. $10,000/$20,000 Bodily Injury and $10,000 Property Damage
C. $1,000,000
D. $500,000
A. No coverage
Unless properly licensed an general lines agent cannot
Select one:
A. All of these answers are correct
B. Receive any money on account for any insurer or receive money to
be transmitted to an insurer for a policy, renewal, endorsement or
certificate
C. Solicit insurance or procure applications for insurance
,D. Directly or indirectly represent himself or herself to be an agent or
receive, deliver or forward any insurance policy within the state
A. All of these answers are correct
At the time of a loss, it is found that the covered building had been
vacant for the period of 75 consecutive days immediately preceding
the loss. Which of the following perils would not be covered?
Select one:
A. All of these answers are correct
B. Windstorm
C. Fire
D. Vandalism
D. Vandalism
Homeowner's Coverage C - Personal Property covers each of the
following situations except?
Select one:
A. The property of a guest anywhere in the world
B. The insured's personal property while in Mexico at a secondary
dwelling
C. A resident employee's contents at the insured's dwelling
D. The property of others while located at the insured's dwelling at the
insured's request
A. The property of a guest anywhere in the world
Under a basic Boiler and Machinery Form, with no special
endorsements, which of the following losses would be covered?
Select one:
A. The insured suffers loss of income following an accident to a
covered object
B. During an accident involving a covered object, a visitor on the
insured's premises suffers injuries and sued the insured
C. During testing, after some repairs, a boiler had a sudden
breakdown
D. Property owned by another in the care of the insured was damaged
, in an accident to an insured object, resulting in a claim by the owner
of the property
D. Property owned by another in the care of the insured was damaged
in an accident to an insured object, resulting in a claim by the owner
of the property
The Homeowner's, HO3 policy will provide coverage for a student
away at college as long as the student's premises was not
unoccupied more than how many days prior to the loss?
Select one:
A. 60 days
B. 30 days
C. 90 days
D. 45 days
C. 90 days
Florida Statutes establish standards, which must be met by Medicare
Supplement insurance. Which of the following is not a standard?
Select one:
A. The policy may not limit coverage for more than 6 months because
of a pre-existing health condition
B. Policies must be written in understandable language
C. The policy is returnable within one year for full premium refund
D. The policy must be accompanied by an outline of coverage and a
Medicare Supplement Buyer's Guide
C. The policy is returnable within one year for full premium refund
Which of the following does not have an insurable interest in a
property?
Select one:
A. A mortgage company
B. A friend who purchased insurance in his own name because the
owner refuses to buy insurance
C. The son of owner who expects to inherit property
D. A mother-in-law who gives cash as a gift
