Pa property casualty - Study guides, Class notes & Summaries

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According to the insurance law, who is the principal? - Ans: Broker 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? - Ans: 90 days 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. - Ans: a temporary license Commissioner can do al...

PA property and casualty insurance examProperty -correct answer you can possess/ physically touch BI -correct answer bodily injury PD -correct answer Property damage Liability/casualty -correct answer what you pay the other guy personal lines insurance -correct answer cover needs of individual or family (auto,boat,camper,rv) commercial lines insurance -correct answer needs of a business direct loss -correct answer example - house burns down indirect loss -correct answer exam...

All of the following are requirements to be licensed in PA except: -Complete a four-week long pre-licensing course -Pass the appropriate exam -Apply for a license with the insurance department and pay the appropriate fee -Have your fingerprints taken and submitted CORRECT ANSWER Complete a four-week long pre-licensing course All of the following statements are correct except: -An applicant has up to one year to be licensed after successfully passing the exam -The fee for the PA Property...

Exam FX (PA Property and Casualty - Ch. 1 General Insurance) with Complete Solutions Exam FX (PA Property and Casualty - Ch. 1 General Insurance) with Complete Solutions Exam FX (PA Property and Casualty - Ch. 1 General Insurance) with Complete Solutions Insurance Transactions include what 4 tactics - ANSWER-Solicitation Negotiation Sale Advising 2 types of Risk - ANSWER-1. Pure 2. Speculative Pure Risk Definition - ANSWER-A risk that can only can result in loss or no change Spec...

PSI PA Property and Casualty Exam Guide questions and answers already graded A+ 2024/2025

CT PROPERTY AND CASUALTY EXAM 2024 WITH 100% CORRECT ANSWERS Minimum Limits of Liability - correct answer 25,000 PP / 50,000 PA / 25,000 PD Minimum Single Limit Policies - correct answer 75000 and 50000 for UM/UIM Cancellation of Auto Policies - correct answer After 60 days it may only be canceled due to nonpayment or if their license or registration has been revoked or suspended Cancellation for Nonpayment for Auto Policy - correct answer 15 Day Notice and a Reason is Required ...

Pennsylvania Laws and Regulations Applicable to All Lines of Insurance Questions and Answers 100% Pass Licensing Process: Pre-Licensing Education Requirements Pre-licensing education requirements: - 24 credit hours - 3 of the 24 hours must be in ethics Licensing Process: License Exam and Pre-Licensing Education Exemptions - Business entity - Non-resident producers - Professional designations (CLU--Life and Health license, CPCU--Property and Casualty license, CIC--Life, Health, Pr...

Exam FX (PA Property and Casualty - Ch. 2 Property & Casualty Insurance Basics) with Complete Solutions! Exam FX (PA Property and Casualty - Ch. 2 Property & Casualty Insurance Basics) with Complete Solutions! Exam FX (PA Property and Casualty - Ch. 2 Property & Casualty Insurance Basics) with Complete Solutions! Exam FX (PA Property and Casualty - Ch. 2 Property & Casualty Insurance Basics) with Complete Solutions! Exam FX (PA Property and Casualty - Ch. 2 Property & Casualty Insura...