Florida General Lines Agent
Exam questions / with Correct
Answers A+ Score Solutions.
Save
Terms in this set (208)
,What is the a
definition of a
risk that is
insurable?
a.Risk is
defined as a
chance or the
possibility of
financial loss;
only pure risks
are insurable as
there is no
possibility of a
gain
b.A chance of a
loss or gain
c.A risk where
there is a
possibility of a
gain
d.A chance for
insurance
coverage
,What is an d.
insurance
policy?
a.A binder that
offers initial
insurance
coverage
b.An oral
agreement
related to
insurance
c.A temporary
agreement for
insurance
coverage
d.A written
agreement or
contract for
insurance
coverage
, What is an b
insurance
binder?
a.An
agreement with
an insurer for
coverage
b.A temporary
agreement for
insurance
coverage
subject to the
decision of the
insurer
c.A permanent
agreement for
insurance
coverage
d.An
agreement with
an agent
Exam questions / with Correct
Answers A+ Score Solutions.
Save
Terms in this set (208)
,What is the a
definition of a
risk that is
insurable?
a.Risk is
defined as a
chance or the
possibility of
financial loss;
only pure risks
are insurable as
there is no
possibility of a
gain
b.A chance of a
loss or gain
c.A risk where
there is a
possibility of a
gain
d.A chance for
insurance
coverage
,What is an d.
insurance
policy?
a.A binder that
offers initial
insurance
coverage
b.An oral
agreement
related to
insurance
c.A temporary
agreement for
insurance
coverage
d.A written
agreement or
contract for
insurance
coverage
, What is an b
insurance
binder?
a.An
agreement with
an insurer for
coverage
b.A temporary
agreement for
insurance
coverage
subject to the
decision of the
insurer
c.A permanent
agreement for
insurance
coverage
d.An
agreement with
an agent
