PA APPRAISERS LICENSE ACTUAL TEST PAPER
2026 QUESTIONS WITH SOLUTIONS GRADED A+
▶ All of the following may be considered forms of advertisement for life
insurance EXCEPT Answer: buyers guide
▶ To receive proceeds from a death benefit, a minor Answer: must have an
appointed guardian
▶ When an agent's license is suspended or revoked because the licensee
is found to be in violation of a state law Answer: the licensee may be
assessed the administrative costs incurred by the Department
▶ If a licensee is suspended for non-renewal, the licensee may apply for
reinstatement within Answer: the 12 month period following the date when
the license should have been renewed
▶ A cease and desist order issued by the superintendent against an agent
Answer: prohibits a specific practice listed in the order
▶ The superintendent is empowered to Answer: enforce state laws relating
to insurance
▶ The superintendent is NOT responsible for Answer: endorsing insurers
▶ Which of the following is a characteristic of a non-admitted insurer?
Answer: A non-admitted insurer is not afforded protection by the guaranty
fund
▶ When the superintendent believes an agent is causing substantial and
material harm, the superintendent has the authority to Answer: issue a
cease and desist order against the agent
▶ Which of the following statements is CORRECT about a Buyer's Guide?
Answer: It's content must be approved by the superintendent
▶ No existing agent's license will be revoked until Answer: the agent has
been afforded a right to a hearing on the charges
2026 QUESTIONS WITH SOLUTIONS GRADED A+
▶ All of the following may be considered forms of advertisement for life
insurance EXCEPT Answer: buyers guide
▶ To receive proceeds from a death benefit, a minor Answer: must have an
appointed guardian
▶ When an agent's license is suspended or revoked because the licensee
is found to be in violation of a state law Answer: the licensee may be
assessed the administrative costs incurred by the Department
▶ If a licensee is suspended for non-renewal, the licensee may apply for
reinstatement within Answer: the 12 month period following the date when
the license should have been renewed
▶ A cease and desist order issued by the superintendent against an agent
Answer: prohibits a specific practice listed in the order
▶ The superintendent is empowered to Answer: enforce state laws relating
to insurance
▶ The superintendent is NOT responsible for Answer: endorsing insurers
▶ Which of the following is a characteristic of a non-admitted insurer?
Answer: A non-admitted insurer is not afforded protection by the guaranty
fund
▶ When the superintendent believes an agent is causing substantial and
material harm, the superintendent has the authority to Answer: issue a
cease and desist order against the agent
▶ Which of the following statements is CORRECT about a Buyer's Guide?
Answer: It's content must be approved by the superintendent
▶ No existing agent's license will be revoked until Answer: the agent has
been afforded a right to a hearing on the charges
