Florida 2 20 Agents License Exam

Florida 2-20 Agents License Exam:

Questions & Answers

Question :Who may appoint a Customer Representative?

• A surplus lines agent holding a general lines license and a

surplus lines license

• A general lines agent or a general lines insurance agency
• An adjuster
• An insurance company

Correct answer:B. A general lines agent or a general lines

insurance agency

Question :Mr. Smith lives in New Jersey but visits Florida

each year. When does he come under the Florida No-Fault system, in any 365-day period?

• After 60 days in Florida
• After 30 days in Florida
• After 14 days in Florida
• After 90 days in Florida

Correct answer:D. After 90 days in Florida

Question :A Hospital Indemnity Policy covers which of the

following expenses?

• A flat amount per day for hospital room and board
• Nursing care in the insured's home
• Medical supplies
• Surgical fees incurred in the hospital

Correct answer:A. A flat amount per day for hospital room

and board

Question :Under the Garagekeepers coverage, Section III of

the Garage policy, the insured suffers a single vandalism loss to nine (9) vehicles belonging to customers. Damage is $100 per vehicle. How much will the policy pay?

A. $500

B. $900

• Nothing

D. $400

Correct answer:D. $400

Question :Bob, an accountant of XYZ, drives his own car to

the bank to make a deposit for XYZ. Bob has an at-fault accident. If XYZ carries $1,000,000 Bodily Injury/Property Damage coverage with a Symbol 2 for covered autos, and Bob carries no insurance, how much coverage is applicable for XYZ?

• No coverage

B.10 , 000 /

10,000/

20,000 Bodily Injury and $10,000 Property Damage

C. $1,000,000

D. $500,000

Correct answer:A. No coverage

Question :Unless properly licensed an general lines agent

cannot

• All of these answers are correct
• Receive any money on account for any insurer or receive

money to be transmitted to an insurer for a policy, renewal, endorsement or certificate

• Solicit insurance or procure applications for insurance
• Directly or indirectly represent himself or herself to be an

agent or receive, deliver or forward any insurance policy within the state

Correct answer:A. All of these answers are correct

Question :At the time of a loss, it is found that the covered

building had been vacant for the period of 75 consecutive days immediately preceding the loss. Which of the following perils would not be covered?

• All of these answers are correct
• Windstorm
• Fire
• Vandalism

Correct answer:D. Vandalism