100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
MS Property & Casualty Exam Questions with answers 2024 passed $9.99   Add to cart

Exam (elaborations)

MS Property & Casualty Exam Questions with answers 2024 passed

1 review
 139 views  3 purchases
  • Course
  • Massachusetts Property & Casualty
  • Institution
  • Massachusetts Property & Casualty

MS Property & Casualty Exam Questions The penalty for violating a cease and desist order of the Commissioner might be a loss of license and...? - correct answer A fine up to $1,000 for each violation An insurer formed under the laws of Mississippi is known as...? - correct answer Domestic Insur...

[Show more]

Preview 1 out of 4  pages

  • February 7, 2024
  • 4
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
  • Massachusetts Property & Casualty
  • Massachusetts Property & Casualty

1  review

review-writer-avatar

By: zacharybeasley • 1 month ago

avatar-seller
Sakayobako30
MS Property & Casualty Exam Questions
The penalty for violating a cease and desist order of the Commissioner might be a loss of license and...? -
correct answer A fine up to $1,000 for each violation
An insurer formed under the laws of Mississippi is known as...? - correct answer Domestic Insurer
An insurance company owned by its POLICYHOLDERS is known as a...? - correct answer Mutual Insurer
Is the Commissioner of Insurance appointed or elected? - correct answer The Commissioner is ELECTED never appointed. Watch for the terminology on the exam.
The person considered to be the INSURER is? - correct answer The Insurance Company
What is true about inactive agents? - correct answer - An inactive agent may receive renewal commissions
- An agent who is retired/disabled is considered inactive
- An agent who has not obtained a continuous Certificate of Authority is inactive
When a state REQUIRES businesses to purchase Worker's Compensation insurance, it is considered...? - correct answer Compulsory
What is the general penalty for violating provisions of the Insurance Code? - correct answer A fine up to $5,000
What is the legal age a person MUST be to obtain a contract to sell property and casualty insurance? - correct answer 18 years of age
Is an exam required to obtain a temporary producer license? - correct answer No. An exam is not required for a temporary license to be issued.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller Sakayobako30. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $9.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

82871 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$9.99  3x  sold
  • (1)
  Add to cart