Florida Statutes, Rules, and Regulations Pertinent to Health Insurance Exam

Florida Statutes, Rules, and Regulations Pertinent to Health Insurance Exam If an insurer meets the state's financial requirements and is approved to transact business in the state, it is considered what type of insurer? - answerauthorized Which of the following is true regarding branch agency licensing? - answeragent in charge must be licensed All of the following would be considered an insurance transaction EXCEPT - answerObtaining an insurance license All agents licensed in this state must complete how many hours of continuing education specific to law and ethics? - answer4 If an agent is in the military, which of the following is true? - answerThe agent cannot sell a policy to another active military person who is of a lower rank How are state Insurance Guaranty Associations funded? - answerBy their members - authorized insurers Agents who persuade insureds to cancel a policy in favor of another one when it might not be in the insured's best interest are guilty of - answertwisting Which of the following authorities grants and revokes licenses? - answerDepartment of Financial Services If an insurance company makes a statement that its policies are guaranteed by the existence of the Insurance Guaranty Association, that would be considered - answerAn unfair trade practice What are the 2 offices of the Financial Services Commission? - answerThe Office of Financial Regulation and the Office of Insurance Regulation Which of the following would be required to be licensed as an insurance producer? - answerA salaried employee who advertise