Property and Casualty Exam Prep - Multiple Choice 2024 passed

Property and Casualty Exam Prep - Multiple ChoiceInsurers issuing liability policies covering motor vehicles in Pennsylvania must offer all of the following coverages EXCEPT: A) injuries incurred on the job. B) accidental death benefit. C) funeral benefit. D) income loss benefit. - correct answer A Which one of the following statements regarding the Pennsylvania Property and Casualty Insurance Guaranty Association is CORRECT? A) The members of the association are the insurance-buying public. B) The association has a limit of $1,000,000 per any claim. C) The association protects policyowners, insureds, and beneficiaries against failure of an insurer due to insolvency. D) The association covers insurers who provide workers compensation coverage. - correct answer D All of the following are considered unfair trade practices EXCEPT: A) defamation. B) rebating. C) misrepresentation. D) replacement. - correct answer D Which of the following statements regarding the licensing of a business entity as an insurance producer is CORRECT?