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Texas Personal Lines Test – Property and Casualty
Latest Prep Test Bank B with 240 Exam Prep
Questions and Correct Answers Plus Study Guide/
TX Personal Lines License Exam Latest Test Bank
Risk - ...✔✔ANSWER✔✔...Chance or Uncertainty of a Loss
Peril - ...✔✔ANSWER✔✔...Possible cause of a loss
2 Years - ...✔✔ANSWER✔✔...The Commissioner of
insurance is appointed by the governor for a term of
______ ending on February 1 of each odd-numbered year?
5 Years - ...✔✔ANSWER✔✔...The Commissioner of
insurance MUST have ________ of experience in business
or government.
$50,000 - ...✔✔ANSWER✔✔...The Commissioner of
insurance must provide a __________ surety bond. (A
surety bond guarantees performance)
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$500,000 - ...✔✔ANSWER✔✔...The Commissioner of
insurance requires state fees in excess of _____________ to
be submitted by electronic transfer.
15 Days - ...✔✔ANSWER✔✔...The Commissioner of
insurance requires that persons must respond to
commissioner inquires within_______ ?
20 Days - ...✔✔ANSWER✔✔...Response from alleged
violator must be within ______ of receipt?
14 Days - ...✔✔ANSWER✔✔...Department must send
notice of violation within _____ of finding?
$25,000 - ...✔✔ANSWER✔✔...Maximum penalty for
insurance code violations?
18 Years Old - ...✔✔ANSWER✔✔...Minimum age for a
license?
5 years - ...✔✔ANSWER✔✔...The waiting period to reapply
if license is denied or revoked?
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90 Days - ...✔✔ANSWER✔✔...An Emergency License is
valid for up to ___?
90 Days - ...✔✔ANSWER✔✔...An Emergency license may
be renewed an additional ____?
90 Days - ...✔✔ANSWER✔✔...A temporary license is valid
for up to ___?
2 years - ...✔✔ANSWER✔✔...Business entity agent
licenses are renewed every ______ after the license is
issued?
1 Year - ...✔✔ANSWER✔✔...If the license is expired for
more than _______ all requirements for a new license
(including the exam) must be met?
90 Days - ...✔✔ANSWER✔✔...If a license has been expires
for _________ or less, it may be renewed by paying the
renewal fee plus a 50% penalty.
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90 Days - ...✔✔ANSWER✔✔...A license expired more than
______ but less than one year cannot be renewed; a new
license maybe issued with no exam upon payment of
license fee & penalty fee?
Monthly Basis - ...✔✔ANSWER✔✔...Change in address,
felony convictions, or administrative actions must be
reported to the commissioner on a __________?
24 Hours - ...✔✔ANSWER✔✔...Total continuing education
requirements?
2 Hours - ...✔✔ANSWER✔✔...Ethics & consumer
protection continuing education requirement?
3 hours - ...✔✔ANSWER✔✔...Flood insurance requires
_____ certification course?
4 years - ...✔✔ANSWER✔✔...Continuing education
records must be kept for _____?
Texas Personal Lines Test – Property and Casualty
Latest Prep Test Bank B with 240 Exam Prep
Questions and Correct Answers Plus Study Guide/
TX Personal Lines License Exam Latest Test Bank
Risk - ...✔✔ANSWER✔✔...Chance or Uncertainty of a Loss
Peril - ...✔✔ANSWER✔✔...Possible cause of a loss
2 Years - ...✔✔ANSWER✔✔...The Commissioner of
insurance is appointed by the governor for a term of
______ ending on February 1 of each odd-numbered year?
5 Years - ...✔✔ANSWER✔✔...The Commissioner of
insurance MUST have ________ of experience in business
or government.
$50,000 - ...✔✔ANSWER✔✔...The Commissioner of
insurance must provide a __________ surety bond. (A
surety bond guarantees performance)
,2|Page
$500,000 - ...✔✔ANSWER✔✔...The Commissioner of
insurance requires state fees in excess of _____________ to
be submitted by electronic transfer.
15 Days - ...✔✔ANSWER✔✔...The Commissioner of
insurance requires that persons must respond to
commissioner inquires within_______ ?
20 Days - ...✔✔ANSWER✔✔...Response from alleged
violator must be within ______ of receipt?
14 Days - ...✔✔ANSWER✔✔...Department must send
notice of violation within _____ of finding?
$25,000 - ...✔✔ANSWER✔✔...Maximum penalty for
insurance code violations?
18 Years Old - ...✔✔ANSWER✔✔...Minimum age for a
license?
5 years - ...✔✔ANSWER✔✔...The waiting period to reapply
if license is denied or revoked?
,3|Page
90 Days - ...✔✔ANSWER✔✔...An Emergency License is
valid for up to ___?
90 Days - ...✔✔ANSWER✔✔...An Emergency license may
be renewed an additional ____?
90 Days - ...✔✔ANSWER✔✔...A temporary license is valid
for up to ___?
2 years - ...✔✔ANSWER✔✔...Business entity agent
licenses are renewed every ______ after the license is
issued?
1 Year - ...✔✔ANSWER✔✔...If the license is expired for
more than _______ all requirements for a new license
(including the exam) must be met?
90 Days - ...✔✔ANSWER✔✔...If a license has been expires
for _________ or less, it may be renewed by paying the
renewal fee plus a 50% penalty.
, 4|Page
90 Days - ...✔✔ANSWER✔✔...A license expired more than
______ but less than one year cannot be renewed; a new
license maybe issued with no exam upon payment of
license fee & penalty fee?
Monthly Basis - ...✔✔ANSWER✔✔...Change in address,
felony convictions, or administrative actions must be
reported to the commissioner on a __________?
24 Hours - ...✔✔ANSWER✔✔...Total continuing education
requirements?
2 Hours - ...✔✔ANSWER✔✔...Ethics & consumer
protection continuing education requirement?
3 hours - ...✔✔ANSWER✔✔...Flood insurance requires
_____ certification course?
4 years - ...✔✔ANSWER✔✔...Continuing education
records must be kept for _____?
