220 EXAM – FLORIDA STATUTES |
COMPREHENSIVE EXAM PREP, PRACTICE
QUESTIONS, CORRECT ANSWERS AND
STUDY GUIDE
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Updated 2026 Questions and Answers
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,How long is a temporary license good for? B. 6 months
A. 12 months
B. 6 months
C. 4 months
D. 2 months
Which of the following can a licensed agent share A. A non-resident agent
commissions with?
A. A non-resident agent
B. A customer representative
C. A car dealer
D. A real estate agent
Jim and Glenda go to the local branch of their bank for a B. Coercion
home loan.
The loan officer tells them that in order to qualify for the loan
they must
purchase insurance from the bank. This is an example of
A. Misrepresentation
B. Coercion
C. Twisting
D. Rebating
Knowingly using an incomplete comparison of insurance C. Twisting
policies in order to
get the insured to buy a policy from you is called:
A. Misrepresentation
B. Coercion
C. Twisting
D. Rebating
Charging an applicant for a specific ancillary coverage in C. Sliding
addition to the
cost of the auto insurance coverage applied for without his
consent is called:
A. Misrepresentation
B. Churning
C. Sliding
D. Coercion
, An insurance company formed under the laws of Florida is C. Domestic
called:
A. Foreign
B. Alien
C. Domestic
D. Captive
An insurance company formed under the laws of another state A. Foreign
is called:
A. Foreign
B. Alien
C. Domestic
D. Captive
An insurance company formed in Zurich, Switzerland is called: B. Alien
A. Foreign
B. Alien
C. Domestic
D. Captive
An insurance company that is licensed to do business in B. An authorized insurance company
Florida is called:
A. A licensed insurance company
B. An authorized insurance company
C. An unauthorized insurance company
D. A captive insurance company
All of the following are considered "transacting insurance D. Underwriting new business
"EXCEPT:
A. Solicitation
B. Transacting changes and endorsements
C. Giving quotes and proposals
D. Underwriting new business
COMPREHENSIVE EXAM PREP, PRACTICE
QUESTIONS, CORRECT ANSWERS AND
STUDY GUIDE
| GRADED A+ | GUARANTEED SUCCESS
Updated 2026 Questions and Answers
100% Verified Exam Prep
,How long is a temporary license good for? B. 6 months
A. 12 months
B. 6 months
C. 4 months
D. 2 months
Which of the following can a licensed agent share A. A non-resident agent
commissions with?
A. A non-resident agent
B. A customer representative
C. A car dealer
D. A real estate agent
Jim and Glenda go to the local branch of their bank for a B. Coercion
home loan.
The loan officer tells them that in order to qualify for the loan
they must
purchase insurance from the bank. This is an example of
A. Misrepresentation
B. Coercion
C. Twisting
D. Rebating
Knowingly using an incomplete comparison of insurance C. Twisting
policies in order to
get the insured to buy a policy from you is called:
A. Misrepresentation
B. Coercion
C. Twisting
D. Rebating
Charging an applicant for a specific ancillary coverage in C. Sliding
addition to the
cost of the auto insurance coverage applied for without his
consent is called:
A. Misrepresentation
B. Churning
C. Sliding
D. Coercion
, An insurance company formed under the laws of Florida is C. Domestic
called:
A. Foreign
B. Alien
C. Domestic
D. Captive
An insurance company formed under the laws of another state A. Foreign
is called:
A. Foreign
B. Alien
C. Domestic
D. Captive
An insurance company formed in Zurich, Switzerland is called: B. Alien
A. Foreign
B. Alien
C. Domestic
D. Captive
An insurance company that is licensed to do business in B. An authorized insurance company
Florida is called:
A. A licensed insurance company
B. An authorized insurance company
C. An unauthorized insurance company
D. A captive insurance company
All of the following are considered "transacting insurance D. Underwriting new business
"EXCEPT:
A. Solicitation
B. Transacting changes and endorsements
C. Giving quotes and proposals
D. Underwriting new business
