Final Exam 4-40 Questions and Answers 100% Pass

Final Exam 4-40 Questions and Answers 100% Pass The continuing education requirement to maintain a 4-40 license in Florida is: - Correct Answer ️️ -ten hours every two years A Personal Auto Policy (PAP) covers the insured in all places except: - Correct Answer ️️ -Mexico Joe is injured when the jack slips as he is changing a tire in his driveway. The bill for his treatment in the emergency room is $450. Where will Joe go first to collect for his medical expenses? - Correct Answer ️️ -His PIP insurance Perils of the Sea include all of the following, EXCEPT: - Correct Answer ️️ -Fire If a customer service rep moves from Jacksonville to Orlando, how long do they have to notify the Department of Financial Services of their change of address? - Correct Answer ️️ -30 days If an insured has $100,000 of "stacked" UM coverage with three cars on the policy, how much is available under a UM claim? - Correct Answer ️️ -$300,000 An employee is injured on the job and is out of work for 10 days. Under Workers Compensation how many days' wages can this employee recover? - Correct Answer ️️ -3 days The insured is an owner and is insured for PIP. She is injured in an accident and has the following damages: medicals-$12,000, lost wages-$6,000. How much will PIP pay if there is a $1,000 deductible? - Correct Answer ️️ -$10,000 Jim owns two vehicles; one is insured for PIP and one is not insured for PIP. Jim is driving the vehicle that is not insured for PIP and he has an at-fault accident. Which of the following is true? - Correct Answer ️️ -PIP Benefits are denied to Jim in this case Which of the following would not result in license suspension? - Correct Answer ️️ - Representing a policy truthfully What is a foreign insurance company? - Correct Answer ️️ -A company chartered outside the state of Florida If Coverage A under a HO-3 Policy is $250, 000, the Coverage D limit would be: - Correct Answer ️️ -$75,000 "I can understand why you're s