Florida Insurance Claims Adjuster License Practice Exam 2025 - Free Insurance Claims Adjuster License Practice Questions and Study Guide

Question: 1 / 400

The three parties to a bond are:

Surety, principal and cosigner

Surety, insured and insurer

Surety, obligee and indemnitor

Surety, obligee and principal

A and B are incorrect because they involve insurance terms and are not specifically related to bonds.

C is incorrect because "indemnitor" is not a common term used when talking about bonds, whereas "principal" is a commonly used term in bond agreements.

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