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Florida Insurance 20-44 Exam Study Questions
with 100% Verified Answers 2025 | 2026
This study guide for the Florida Insurance 2-44 Exam (Personal
Lines Agent), covering foundational insurance concepts,
property and casualty policy provisions, specific Florida
regulations (Citizens, FAJUA, Windstorm), and health insurance
basics.
Insurance Fundamentals & Contract Provisions
Concept Answer
is a contract whereby one undertakes to
indemnify another or pay or allow a
Insurance
specified amount or a determinable
benefit upon determinable contingencies.
Casualty is insurance which pays on behalf of the
Insurance insured's legal liability.
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Concept Answer
A policy is a written contract of or a
Policy written agreement for or affecting
insurance.
The liberalization provision broadens an
insured's coverage without an increase in
Liberalization
premium when the insurer has adopted a
generic global policy revision.
"Severability of Interest" means insurance
Severability
applies separately to each insured.
Fundamental doctrine in property
insurance: when there is an unbroken
Proximate connection between an occurrence and
Cause damage that grows out of the occurrence,
then the resulting damage is a part of the
occurrence.
Conditional Property and liability insurance policies are
Contracts said to be conditional contracts because
the obligation of the insurer to perform
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Concept Answer
may be conditioned upon the insured
satisfying certain conditions.
Contracts of Ambiguities in the contract are resolved in
Adhesion favor of the the insured.
Insurance contracts are Personal contracts
Personal
that cover losses sustained by the
Contracts
person(s), focus is on the person(s).
Must exist before a policy will pay for a
Insurable
loss and is the economic interest in the
Interest
preservation of the subject.
The process by which an insurer, after
paying a loss, assumes the insured's right
Subrogation
to recover from the at-fault third party
(Sally's insurer recovering from Paul).
Precede Policy Issuance; coverage is "put
Binders into effect" $\text{PRIOR}$ to issuance of
policy.
Florida Insurance 20-44 Exam Study Questions
with 100% Verified Answers 2025 | 2026
This study guide for the Florida Insurance 2-44 Exam (Personal
Lines Agent), covering foundational insurance concepts,
property and casualty policy provisions, specific Florida
regulations (Citizens, FAJUA, Windstorm), and health insurance
basics.
Insurance Fundamentals & Contract Provisions
Concept Answer
is a contract whereby one undertakes to
indemnify another or pay or allow a
Insurance
specified amount or a determinable
benefit upon determinable contingencies.
Casualty is insurance which pays on behalf of the
Insurance insured's legal liability.
,2|Page
Concept Answer
A policy is a written contract of or a
Policy written agreement for or affecting
insurance.
The liberalization provision broadens an
insured's coverage without an increase in
Liberalization
premium when the insurer has adopted a
generic global policy revision.
"Severability of Interest" means insurance
Severability
applies separately to each insured.
Fundamental doctrine in property
insurance: when there is an unbroken
Proximate connection between an occurrence and
Cause damage that grows out of the occurrence,
then the resulting damage is a part of the
occurrence.
Conditional Property and liability insurance policies are
Contracts said to be conditional contracts because
the obligation of the insurer to perform
, 3|Page
Concept Answer
may be conditioned upon the insured
satisfying certain conditions.
Contracts of Ambiguities in the contract are resolved in
Adhesion favor of the the insured.
Insurance contracts are Personal contracts
Personal
that cover losses sustained by the
Contracts
person(s), focus is on the person(s).
Must exist before a policy will pay for a
Insurable
loss and is the economic interest in the
Interest
preservation of the subject.
The process by which an insurer, after
paying a loss, assumes the insured's right
Subrogation
to recover from the at-fault third party
(Sally's insurer recovering from Paul).
Precede Policy Issuance; coverage is "put
Binders into effect" $\text{PRIOR}$ to issuance of
policy.
