LESSON 19: FLORIDA LAWS AND RULES PERTINENT TO LIFE AND HEALTH INSURANCE

Section 19.1 Review

It is unlawful for agents to share commissions with anyone other than with agents who are also duly licensed in the same line.

	a)	True
	b)	False
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Failure to answer a subpoena or an order of the Chief Financial Officer can results in a ________ fine.

	a)	$1,000
	b)	$10,000
	c)	$25,000
	d)	$50,000
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A violation of a Cease and Desist order can carry a fine of up to:

	a)	$1,000.
	b)	$10,000.
	c)	$25,000.
	d)	$50,000.
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Insurance agents must keep records for at least _________ if the transaction involves premium payments.

	a)	1 year
	b)	2 years
	c)	3 years
	d)	5 years
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