20-44 Unit Nine Quiz
Please answer the following multiple choice/true & false questions on Module Nine definitions, concepts, and topics. You must earn a passing grade of 70% or better in the quiz to move on to the next section. The quiz can be re-taken until you earn that passing grade.
By starting this quiz you acknowledge that you are taking this quiz unassisted by any person, the course material or other materials. Additionally, you are acknowledging your understanding that a violation of such standards shall result in the loss of course credit and administrative sanction by the Florida Department of Financial Services
If you require assistance at any time please contact the college by email at: support@floridainsurancecollege.com or phone: (866) 506 – 0139.
Assessment Summary
0 of 20 Questions completed
Questions:
Information
You have already completed the assessment before. Hence you can not start it again.
Assessment is loading…
You must sign in or sign up to start the assessment.
You must first complete the following:
Results
Results
0 of 20 Questions answered correctly
Your time:
Time has elapsed
You have reached 0 of 0 point(s), (0)
Earned Point(s): 0 of 0, (0)
0 Essay(s) Pending (Possible Point(s): 0)
Categories
- Not categorized 0%
-
Please re-take the Module Nine quiz; your score was below the required 70% passing grade.
If you require assistance at any time please contact the college by email at: support@floridainsurancecollege.com or phone: (866) 506 – 0139. -
Congratulations! You have passed the quiz for Module.
If you require assistance at any time please contact the college by email at: support@floridainsurancecollege.comor phone: (866) 506 – 0139.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12
- 13
- 14
- 15
- 16
- 17
- 18
- 19
- 20
- Current
- Review
- Answered
- Correct
- Incorrect
-
Question 1 of 20
1. Question
A __________ is a representation of a material facts or condition of which the issuance of the policy of insurance is conditioned.
CorrectIncorrect -
Question 2 of 20
2. Question
An Insurance Agent’s License enables the license holder to engage in the business of insurance in good faith and with fair dealing with the insuring public. Specifically prohibited are:
CorrectIncorrect -
Question 3 of 20
3. Question
True or False? Florida statutes explicitly prohibits payment to any unlicensed person any fee or compensation for a referral and no referral fee or commission can be paid to a licensed entity if the offer of referral is conditioned upon a sale.
CorrectIncorrect -
Question 4 of 20
4. Question
All BUT which of the following are insurance agent licensing requirements?
CorrectIncorrect -
Question 5 of 20
5. Question
The Department of Financial Services requires a license holder to place the department on notice of changes for all BUT which of the following?
CorrectIncorrect -
Question 6 of 20
6. Question
The Department of Financial Services requires financial accounting records to be kept by an agent/agency for ____ year(s).
CorrectIncorrect -
Question 7 of 20
7. Question
An insurance license can be revoked for all but which of the following?
CorrectIncorrect -
Question 8 of 20
8. Question
F.S. 626.112(8) addresses referral fees that are conditioned upon an actual sale; specifically, no referral fee or commission can be paid to a licensed entity if the offer of referral is…
CorrectIncorrect -
Question 9 of 20
9. Question
Fiduciaries are individuals or organizations the are required to operate under the duties of good faith and ____________.
CorrectIncorrect -
Question 10 of 20
10. Question
Agents ______ share commissions with other agents and customer representatives appointed and licensed to write the same kind of insurance.
CorrectIncorrect -
Question 11 of 20
11. Question
Customer representatives ____ share in commissions with a licensed insurance agent.
CorrectIncorrect -
Question 12 of 20
12. Question
Licensees ______ share commission with a corporation if it is a licensed insurance agency.
CorrectIncorrect -
Question 13 of 20
13. Question
A licensee ______ collect any premium in excess or below what the required rate known by the licensee at the time of the premium collection.
CorrectIncorrect -
Question 14 of 20
14. Question
True or False? Ethics is the study of normal behavior and is the cornerstone of professionalism in the insurance industry.
CorrectIncorrect -
Question 15 of 20
15. Question
In conclusion, an insurance agent can demonstrate ethical behavior by… (select all that apply):
CorrectIncorrect -
Question 16 of 20
16. Question
Florida Insurance Guaranty Association a.k.a. FIGA was created by the Florida congress in 1970; All of the following concerning FIGA are correct EXCEPT?
CorrectIncorrect -
Question 17 of 20
17. Question
__________ is knowingly making, publishing, disseminating, or circulating, directly or indirectly, or aiding, abetting, or encouraging the making, publishing, disseminating, or circulating of, any oral or written statement, or any pamphlet, circular, article, or literature, which is false or maliciously critical of, or derogatory to, any person and which is calculated to injure such person.
CorrectIncorrect -
Question 18 of 20
18. Question
As regards ‘twisting’ and ‘churning’ which, if any, of the following statements are correct?
CorrectIncorrect -
Question 19 of 20
19. Question
Commonly referred to as ‘rebating’, agents ______ permitted to pay, allow, give, or offer to pay to an insured directly or indirectly any inducement to purchase any policy of insurance.
CorrectIncorrect -
Question 20 of 20
20. Question
Insurance underwriting may not discriminate based upon which, if any, of the following? (choose all that apply)
CorrectIncorrect