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MN INSURANCE EXAM PROPERTY & CASUALTY EXAM LATEST 2026
ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY
GRADED A+| ||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
A Temporary Insurance Producer License May Be Issued For Up
To ___ Days - ANSWER-180 Days
A Licensee's Time To Notify The Commissioner Of Address
Change Is __ Days - ANSWER-10 Days
A License Is Suspended For Any Period No Less Than -
ANSWER-3 Months
How Many Years Can You Reapply For A License When Your
License Had Been Revoked? - ANSWER-2 Years
When You License Is Revoked What Must You Obtain? -
ANSWER-A Performance Bond Of $20,000
The Insurer Must File A Notice Of Appointment Within __ Days Of
The First Sale By The Producer - ANSWER-15 Days
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An Insurance Company That Terminates An Appointment Must
Notify The Commissioner Within ____ Days - ANSWER-30
How Many Days Does The Insurance Company Get To Send A
Written Notice To The Commissioner About Termination To The
Producer? - ANSWER-15 Days
After Getting The Notice Of Termination, How Many Days Can
The Producer File Written Comments Concerning The
Termination With The Commissioner? - ANSWER-30 Days
How Much Is The Penalty For Failing To Appoint A Producer? And
Up To? - ANSWER-$25 Up To $300
The Producer Must Notify The Commissioner Of Any
Administrative Action Take Or Criminal Prosecution Against The
Producer Within ___ Days - ANSWER-30 Days
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When Is The Property Value Determined? - Inland Marine -
ANSWER-At The Time Of Loss
The Producer Must Notify The Commissioner Within ___ Days Of
Any Felony Or Gross Misdemeanor Conviction, Guilty Plea, Or
Plea Of No Contest - ANSWER-10 Days
A Lapsed Licensee Can Reinstate License Within ___ Months -
ANSWER-12 Months
The Penalty For Rebating Is $___ To $___ Per Violation -
ANSWER-$60 - $200
A Promotional Advertising Item Or Gift Of $___ Or Less Per Year
Is Not A Rebate - ANSWER-$25
How Many Days Does An Insurer Have To Reply To Customer
Claims And Inquries? - ANSWER-10 Days
MN INSURANCE EXAM PROPERTY & CASUALTY EXAM LATEST 2026
ACTUAL EXAM WITH COMPLETE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% VERIFIED ANSWERS) |ALREADY
GRADED A+| ||PROFESSOR VERIFIED|| ||BRANDNEW!!!||
A Temporary Insurance Producer License May Be Issued For Up
To ___ Days - ANSWER-180 Days
A Licensee's Time To Notify The Commissioner Of Address
Change Is __ Days - ANSWER-10 Days
A License Is Suspended For Any Period No Less Than -
ANSWER-3 Months
How Many Years Can You Reapply For A License When Your
License Had Been Revoked? - ANSWER-2 Years
When You License Is Revoked What Must You Obtain? -
ANSWER-A Performance Bond Of $20,000
The Insurer Must File A Notice Of Appointment Within __ Days Of
The First Sale By The Producer - ANSWER-15 Days
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An Insurance Company That Terminates An Appointment Must
Notify The Commissioner Within ____ Days - ANSWER-30
How Many Days Does The Insurance Company Get To Send A
Written Notice To The Commissioner About Termination To The
Producer? - ANSWER-15 Days
After Getting The Notice Of Termination, How Many Days Can
The Producer File Written Comments Concerning The
Termination With The Commissioner? - ANSWER-30 Days
How Much Is The Penalty For Failing To Appoint A Producer? And
Up To? - ANSWER-$25 Up To $300
The Producer Must Notify The Commissioner Of Any
Administrative Action Take Or Criminal Prosecution Against The
Producer Within ___ Days - ANSWER-30 Days
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When Is The Property Value Determined? - Inland Marine -
ANSWER-At The Time Of Loss
The Producer Must Notify The Commissioner Within ___ Days Of
Any Felony Or Gross Misdemeanor Conviction, Guilty Plea, Or
Plea Of No Contest - ANSWER-10 Days
A Lapsed Licensee Can Reinstate License Within ___ Months -
ANSWER-12 Months
The Penalty For Rebating Is $___ To $___ Per Violation -
ANSWER-$60 - $200
A Promotional Advertising Item Or Gift Of $___ Or Less Per Year
Is Not A Rebate - ANSWER-$25
How Many Days Does An Insurer Have To Reply To Customer
Claims And Inquries? - ANSWER-10 Days
