Statutes Quiz

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If an agent had been licensed for more than 6 years, how many hours of continuing education are required every 2 years?

20

How many hours of continuing education is a newly licensed agent required to have for their first Continuing Education compliance period?

24

If a licensee has a change in name or address, how long does he have to notify the Department of Insurance?

30 days

An insurance company formed under the laws of Florida is defined as:

Domestic

An insurance company formed under the laws of another state is defined as:

Foreign

Which of the following roof types will be eligible for a Wind Mitigation discount?

Hip

Which of the following is not a type of insurance that can be transacted with a "General Lines" insurance license?

Life insurance written by carrier who is also represented for Property and Casualty

An employee welfare benefit plan or other arrangement that is established or maintained to provide one or more of various insurance benefits (including health insurance) to the employees of two or more employers is defined as:

MEWA

Willful deception of an insurance policy done by dissemination of information is defined as:

Misrepresentation

A licensed insurance agent may share commissions with which of the following?

Non-Resident Agent Customer Representative Life Insurance Agen

A plan in which the employer would, from its own funds, bear the financial responsibility for the covered health claims of its own participating employees is defined as:

Self-Insured

Which of the following roof coverings are barriers to water penetration of the roof?

Shingles Tiles Metal Panels

Charging an applicant for a specific ancillary coverage in addition to the cost of the automobile insurance coverage applied for without his consent is defined as:

Sliding

All of the following are grounds for compulsory refusal, suspension, or revocation EXCEPT:

Soliciting insurance in other areas of the state

An insurance company formed in Berlin, Germany is defined as:

Alien

An insurance company that is licensed to do business in Florida is defined as:

An authorized insurance company

When authority is given to a licensee to transact or adjust insurance it is defined as:

Appointment

Each of the following divisions falls under The Department of Financial Services EXCEPT?

The Division of Consumer Activities

Where can a listing of tested and approved coverings and other opening protection be found?

The Florida Department of Consumer Affairs website By contacting the Miami-Dade Building Code Compliance Office

Which agency has developed web pages devoted to informing consumers and builders of efforts that can made to make dwellings more hurricane resistant and thus reducing costs of insuring the structures?

The Florida Division of Emergency Management

Knowingly using an incomplete comparison of insurance policies in order to get the insured to buy a policy from you is defined as:

Twisting

All of the following are considered "Transacting Insurance" EXCEPT:

Underwriting new business

All licensed residential property insurance companies in Florida must accept this form when reporting mitigation features:

Uniform Mitigation Verification Inspection Form

If a licensee has their appointment terminated, how long does he or she have to be reappointed before his license is terminated?

48 months

An insurance company formed in London is defined as:

Alien

Jim and Glenda go to the local branch of their bank for a home loan. The loan officer tells them that in order to qualify for the loan they must purchase insurance from the bank. This is an example of:

Coercion

When the majority of insurance written is for family members it is defined as:

Controlled Business

Which of the following is NOT a possible consequence for Aiding and Abetting an Unauthorized Insurer:

Conviction of a second-degree felony

Which of the following are considered openings in a dwelling?

Double Pained Window Doors with glass Doors without glass

Which of the following defines how the roof trusses are attached to the wall framework?

Roof to Wall Connection


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