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Florida 2-20 Insurance License Practice Quiz 2025 Questions and Answers
Florida 2-20 Insurance License Practice Quiz 2025 Questions and Answers
Course:
Florida Insurance 2-20
Institution:
Florida Insurance 2-20
Florida 2-20 Insurance License Practice Quiz 2025 Questions and Answers
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| Uploaded on: | September 14, 2025 |
| Last updated: | September 14, 2025 |
| Number of pages: | 16 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | Florida 2-20 Insurance License Practice Quiz 2025 Questions and Answers |
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Florida 2-20 Insurance License Practice Quiz 2025 Questions and Answers Insurable risk - --CORRECT ANSWER--Pure Main purpose of insurance - --CORRECT ANSWER--To transfer risk Law of large numbers - --CORRECT ANSWER--Measures group probability Element NOT required for valid insurance contract - --CORRECT ANSWER-Premium notice Moral hazard in insurance underwriting - --CORRECT ANSWER--Risk from personal habits Purpose of the declarations page - --CORRECT ANSWER--Identifies parties and property Coinsurance provisions - --CORRECT ANSWER--Penalize underinsurance Unendorsed dwelling policy covers which perils - --CORRECT ANSWER--Fire and lightning Difference between replacement cost and actual cash value - --CORRECT ANSWER--Depreciation ....COPYRIGHT ©️ 2025 ALL RIGHTS RESERVED...TRUSTED & VERIFIED 1
