Florida 4-40 Customer Representative (CIR) License Questions with 100% Correct Answers Florida Insurance Customer Service Rep 4-40 Exam Questions with 100% Correct Answers FL RSCR 4-40 Final Exam Study Guide Exam Questions with 100% Correct Answers 4-40 FL License Practice Questions with 100% Corre...
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Jesse's home is worth $200,000 and he has a homeowners policy with a $160,000 limit. After a covered loss, Jesse is left with a total of $10,000 in damages. Assuming the insurer requires the standard 80% level of insurance for coinsurance purposes, and ignoring any deductibles, how much will Jesse ...
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Add to cartJesse's home is worth $200,000 and he has a homeowners policy with a $160,000 limit. After a covered loss, Jesse is left with a total of $10,000 in damages. Assuming the insurer requires the standard 80% level of insurance for coinsurance purposes, and ignoring any deductibles, how much will Jesse ...
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Transferring the risk to an insurance company is known as what? Correct Answer Insurance When the insured request to have the company change a condition or provision in an insurance policy the document attach to the policy is referred to as what? Correct Answer Endorsement George and Sandy onl...
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Add to cartTransferring the risk to an insurance company is known as what? Correct Answer Insurance When the insured request to have the company change a condition or provision in an insurance policy the document attach to the policy is referred to as what? Correct Answer Endorsement George and Sandy onl...
To reduce wind premiums only Correct Answer Insurance discounts for Wind Mitigation are applied 30 Correct Answer An agent is required to modify the Department of change of name or address within___ days of the change Share commissions with an agent Correct Answer A 4-40 licence may___ One ...
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Add to cartTo reduce wind premiums only Correct Answer Insurance discounts for Wind Mitigation are applied 30 Correct Answer An agent is required to modify the Department of change of name or address within___ days of the change Share commissions with an agent Correct Answer A 4-40 licence may___ One ...
The continuing education requirement to maintain a 4-40 license in Florida is: Correct Answer ten hours every two years A Personal Auto Policy (PAP) covers the insured in all places except: Correct Answer Mexico Joe is injured when the jack slips as he is changing a tire in his driveway. The b...
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Add to cartThe continuing education requirement to maintain a 4-40 license in Florida is: Correct Answer ten hours every two years A Personal Auto Policy (PAP) covers the insured in all places except: Correct Answer Mexico Joe is injured when the jack slips as he is changing a tire in his driveway. The b...
The failure of the insured to reveal a known fact to the insurer, which would have had an adverse effect on the policy being issued is: Correct Answer concealment Any act of stealing except employee infidelity refers to: Correct Answer Larceny or theft A syndicate composed of all licensed comp...
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Add to cartThe failure of the insured to reveal a known fact to the insurer, which would have had an adverse effect on the policy being issued is: Correct Answer concealment Any act of stealing except employee infidelity refers to: Correct Answer Larceny or theft A syndicate composed of all licensed comp...
The General Lines state exam consists of ____ questions with a _______ time limit. Correct Answer 160 questions; 3 hours For a Customer Representative License, the applicant must show they are how many years of age? Correct Answer 18 years old When more than 50% of an agents incomes cones from...
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Add to cartThe General Lines state exam consists of ____ questions with a _______ time limit. Correct Answer 160 questions; 3 hours For a Customer Representative License, the applicant must show they are how many years of age? Correct Answer 18 years old When more than 50% of an agents incomes cones from...
Knowingly making, publishing or circulating any oral or written statement which is false or maliciously critical of any person and which is calculated to injure such a person is known as: Correct Answer Defamation "Tort" refers to which of these: Correct Answer A civil wrong, which for insuranc...
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Add to cartKnowingly making, publishing or circulating any oral or written statement which is false or maliciously critical of any person and which is calculated to injure such a person is known as: Correct Answer Defamation "Tort" refers to which of these: Correct Answer A civil wrong, which for insuranc...
How can Insurance companies can afford to pay for an individual's catastrophic loss? Correct Answer The premiums from all policyholders are pooled together. What information is found on the Declarations page? Correct Answer contains the make and model of the covered vehicle described Steven w...
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Add to cartHow can Insurance companies can afford to pay for an individual's catastrophic loss? Correct Answer The premiums from all policyholders are pooled together. What information is found on the Declarations page? Correct Answer contains the make and model of the covered vehicle described Steven w...
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