PA PROPERTY & CASUALTY
INSURANCE EXAM (A)
A producer who offers a potential insured $50 from their commission
as an incentive to buy insurance is guilty of - ANSWERS-Inducement
Falsifying the terms benefits advantages or conditions of an insurance
policy is an example of the following - ANSWERS-Misrepresentation
The national flood insurance program policies cover - ANSWERS-
Property against all from a flood
The PA insurance department is responsible for which of the
following except - ANSWERS-Shareholders
When the commissioner believes a producer is violated an insurance
law the commissioner has the authority to - ANSWERS-Issue a cease
and desist order against the producer after a hearing
A commercial general policy occurrence form covers claims that only
- ANSWERS-Occur within the policy period
Which of the following would be a specific duty of the insurer in a
liability policy? - ANSWERS-Protecting property from further loss
, Which type of authority is not granted in the contract, but a producer
is assumed to have in order to conduct? - ANSWERS-Implied
Leah provides transportation for her client to their business lunch.
Leah's client closes the car door on her own hand. What type of
coverage applies? - ANSWERS-Liability
All of the following are considered covered under vehicle under a
personal automobile policy except - ANSWERS-Motorcycle
A temporary insurance producer license may be initially issued for a
maximum of - ANSWERS-180
Lightning strikes a house and causes a fire. The fire department
extinguished the fire which results in water damage. The water
damage represents which type of loss. - ANSWERS-Direct
Which of the following is not covered under supplementary payment
coverage of the liability section of the personal automobile policy? -
ANSWERS-Rental Costs
According to the assignment condition, a policy can only be
transferred to another person with the written permission of the -
ANSWERS-Insured
INSURANCE EXAM (A)
A producer who offers a potential insured $50 from their commission
as an incentive to buy insurance is guilty of - ANSWERS-Inducement
Falsifying the terms benefits advantages or conditions of an insurance
policy is an example of the following - ANSWERS-Misrepresentation
The national flood insurance program policies cover - ANSWERS-
Property against all from a flood
The PA insurance department is responsible for which of the
following except - ANSWERS-Shareholders
When the commissioner believes a producer is violated an insurance
law the commissioner has the authority to - ANSWERS-Issue a cease
and desist order against the producer after a hearing
A commercial general policy occurrence form covers claims that only
- ANSWERS-Occur within the policy period
Which of the following would be a specific duty of the insurer in a
liability policy? - ANSWERS-Protecting property from further loss
, Which type of authority is not granted in the contract, but a producer
is assumed to have in order to conduct? - ANSWERS-Implied
Leah provides transportation for her client to their business lunch.
Leah's client closes the car door on her own hand. What type of
coverage applies? - ANSWERS-Liability
All of the following are considered covered under vehicle under a
personal automobile policy except - ANSWERS-Motorcycle
A temporary insurance producer license may be initially issued for a
maximum of - ANSWERS-180
Lightning strikes a house and causes a fire. The fire department
extinguished the fire which results in water damage. The water
damage represents which type of loss. - ANSWERS-Direct
Which of the following is not covered under supplementary payment
coverage of the liability section of the personal automobile policy? -
ANSWERS-Rental Costs
According to the assignment condition, a policy can only be
transferred to another person with the written permission of the -
ANSWERS-Insured
