Psi pa propert Study guides, Class notes & Summaries

PSI PA Property and Casualty Exam GuideBroker - correct answer According to the insurance law, who is the principal? 90 days - correct answer An application as a resident agent must be made in how many days if an individual establishes a principal place of residence within Pa from another state? a temporary license - correct answer issued for 180 days for surviving spouse, surviving inactive officer or partner, legal representative. Can be used upon death or incompetency of producer, or wh...

Broker According to the insurance law, who is the principal? 90 days An application as a resident agent must be made in how many days if an individual establishes a principal place of residence within Pa from another state? 00:29 01:38 a temporary license issued for 180 days for surviving spouse, surviving inactive officer or partner, legal representative. Can be used upon death or incompetency of producer, or when individuals are serving in the military. Endors...

PSI PA PROPERTY CASUALITY EXAM GUIDE (RATED A+) VERIFIED QUESTIONS AND ANSWERS insuring risks that are more prone to losses than average risk (poorer risks tend to seek insurance or file claims to a greater extent than better risks) companies can refuse or restrict coverage for bad risks or charge them a higher rate - ANSWER-Adverse Selection protects insurance agencies from catastrophic risks (war/nuclear events) - ANSWERReinsurance Within how many days from date of injury...

PSI PA Property and Casualty Exam Guide Broker - According to the insurance law, who is the principal? 90 days - An application as a resident agent must be made in how many days if an individual establishes a principal place of residence within Pa from another state? a temporary license - issued for 180 days for surviving spouse, surviving inactive officer or partner, legal representative. Can be used upon death or incompetency of producer, or when individuals are serving in the ...