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Overview of Legal and Ethical Guidelines FINAL EXAM (FL SAMPLE)

Posted on 01.03.19

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  1. Question 1 of 18
    1. Question

    An agent’s two basic duties are to:

  2. Question 2 of 18
    2. Question

    When a client does not know the meaning of a policy provision, who can they rely on to help them understand?

  3. Question 3 of 18
    3. Question

    General agents have more of which of the following when compared to other producers?

  4. Question 4 of 18
    4. Question

    Local agents are thought of as representatives of which party?

  5. Question 5 of 18
    5. Question

    Surplus agents are used for which of the following types of insurance?

  6. Question 6 of 18
    6. Question

    Insurance companies are always attempting to do which of the following?

  7. Question 7 of 18
    7. Question

    Agents should always have a disclosure agreement to help establish which of the following?

  8. Question 8 of 18
    8. Question

    Which of the following accurately describes an agent?

  9. Question 9 of 18
    9. Question

    When acting as a broker, a producer owes a much higher standard of care to which of the following?

  10. Question 10 of 18
    10. Question

    Essentially, most agent wrongdoings stem from which basic conflict?

  11. Question 11 of 18
    11. Question

    An agent should notify a client in which of the following scenarios?

  12. Question 12 of 18
    12. Question

    An agent can NOT be held liable for which of the following?

  13. Question 13 of 18
    13. Question

    Relationship liability generally occurs on which of the following front(s)?

  14. Question 14 of 18
    14. Question

    Which of the following is true of scenarios where an agent professes special knowledge then fails to deliver?

  15. Question 15 of 18
    15. Question

    Which of the following is true of lawsuits against agents?

  16. Question 16 of 18
    16. Question

    Which of the following is typically true?

  17. Question 17 of 18
    17. Question

    Statements of confidence are dangerous for agents for which of the following reasons?

  18. Question 18 of 18
    18. Question

    If a policy is ambiguous on a certain point, which party is most likely to get the benefit of the doubt?

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