Page 1 of 42
ACA Final Exam (Latest 2025)
At the end of this course, you must do which of the following?
Pass the final course exam with a scored of 70% or higher
Print your certificate from this website
Apply for your Insurance Adjuster license at the Florida
Department of Financial Services website at
www.myfloridacfo.com/division/agents
All of the above
.....ANSWER.....All of the above
,Page 2 of 42
Which of the following is NOT one of the duties of the
Department of Financial Services?
License adjusters
Set rates and write policies for various company products
Supervise the claims activity of adjusters
Investigate charges of unethical conduct of adjusters
.....ANSWER.....Set rates and write policies for various company
products
When an insurance licensee moves, he has how long to notify the
Florida Dept. of Financial Services of his change of address?
10 Days
30 Days
60 Days
,Page 3 of 42
180 Days
.....ANSWER.....30
An Insurance Policy is a contract with all of the following
characteristics, EXCEPT
It is a personal contract.
Parties are of unequal power with ambiguities or unclear
wording resolved in favor of the insured because it is a contract
of adhesion.
Indemnity is not part of an insurance contract.
There are conditions imposed upon both the insurer and insured.
.....ANSWER.....Indemnity is not part of an insurance contract.
An insurance contract may contain a "gray area" or an
ambiguity, that is generally resolved in favor of the insured
because insurance policies are contracts of:
, Page 4 of 42
Indemnity
Cohesion
Adhesion
Conditions .....ANSWER.....adhesion
Strict or Absolute Liability
applies to school systems.
must have failure to use "due care.
"considers the actions of a prudent person.
is assigned by law or statute. .....ANSWER.....is assigned by law
or statute.
Risks that are insurable are:
ACA Final Exam (Latest 2025)
At the end of this course, you must do which of the following?
Pass the final course exam with a scored of 70% or higher
Print your certificate from this website
Apply for your Insurance Adjuster license at the Florida
Department of Financial Services website at
www.myfloridacfo.com/division/agents
All of the above
.....ANSWER.....All of the above
,Page 2 of 42
Which of the following is NOT one of the duties of the
Department of Financial Services?
License adjusters
Set rates and write policies for various company products
Supervise the claims activity of adjusters
Investigate charges of unethical conduct of adjusters
.....ANSWER.....Set rates and write policies for various company
products
When an insurance licensee moves, he has how long to notify the
Florida Dept. of Financial Services of his change of address?
10 Days
30 Days
60 Days
,Page 3 of 42
180 Days
.....ANSWER.....30
An Insurance Policy is a contract with all of the following
characteristics, EXCEPT
It is a personal contract.
Parties are of unequal power with ambiguities or unclear
wording resolved in favor of the insured because it is a contract
of adhesion.
Indemnity is not part of an insurance contract.
There are conditions imposed upon both the insurer and insured.
.....ANSWER.....Indemnity is not part of an insurance contract.
An insurance contract may contain a "gray area" or an
ambiguity, that is generally resolved in favor of the insured
because insurance policies are contracts of:
, Page 4 of 42
Indemnity
Cohesion
Adhesion
Conditions .....ANSWER.....adhesion
Strict or Absolute Liability
applies to school systems.
must have failure to use "due care.
"considers the actions of a prudent person.
is assigned by law or statute. .....ANSWER.....is assigned by law
or statute.
Risks that are insurable are:
