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Chapter 19/1: Florida General Review Questions With Accurate Answers

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CHAPTER 19/1: FLORIDA GENERAL REVIEW QUESTIONS WITH ACCURATE ANSWERS Once a consumer complaint has been filed, an insurance company has how many days to respond to the Insurance Department? ansOnce a consumer complaint has been filed, an insurance company has 20 days to respond to the Insurance Department. The correct answer is: 20 days

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CHAPTER 19/1: FLORIDA GENERAL
REVIEW QUESTIONS WITH ACCURATE
ANSWERS
Once a consumer complaint has been filed, an insurance company has how many days to respond to the
Insurance Department? ✔ansOnce a consumer complaint has been filed, an insurance company has 20
days to respond to the Insurance Department.

The correct answer is: 20 days



Appointments expire on the last day of the appointee's birth month after: ✔ansAppointments expire 24
months later on the last day of the appointee's birth month.

The correct answer is: 24 months



What is the first action the Office of Insurance Regulation will take for an insurer engaging in an unsound
practice? ✔ansIf the Office of Insurance Regulation finds that a state financial institution has engaged in
unsound or unsafe practice, it may issue a cease and desist order.

The correct answer is: A cease and desist order



Applicants for a disability insurance license must complete how many hours of approved prelicensing
education? ✔ansApplicants for a disability insurance license must complete 40 hours of approved
prelicensing education.

The correct answer is: 40 hours



How often must the Office of Insurance Regulation conduct an examination of a domestic insurer that
has held a certificate of authority for less than 3 years? ✔ansThe Office of Insurance Regulation must
conduct an examination at least every year of a domestic insurer that has held a certificate of authority
for less than 3 years.

The correct answer is: Every year



A termination of appointment must be sent in writing to the Insurance Department within: ✔ansA
termination of appointment must be sent in writing to the Insurance Department within 30 days.

The correct answer is: 30 days

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