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Exam (elaborations)

MS Property & Casualty Exam Questions and Correct Answers

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MS Property & Casualty Exam Questions and Correct Answers

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MS Property & Casualty




24 hrs & 3 of those hours ethics - Answer-To renew a producer license which is been in affect more than
18 months, a producer must complete ___________



12 hrs - Answer-To renew a producer license which is been in effect for 18 months or less, a producer
must complete________ of CE.



30 days - Answer-A producer must report to the commissioner any administrative action taken against
the producer in any jurisdiction, for by another governmental agency in the state within___________ of
the final disposition of the matter.



40 hrs - Answer-How many hrs for Prelicensing education requirement hours needed for
life/health/accident and property and casualty agent in Mississippi



30 days - Answer-Licensees must inform the commissioner of any change of address or name within
_______ days of the change.

, 30 days - Answer-The insurer or authorized representative of the insurer that terminates the
appointment, employment, contracts, or other insurance business relationship with the producer must
notify the commissioner within ________ days following the eff date of termination. Ex. Non production



180 days (exact) or 6 months - Answer-The commissioner may issue a temporary insurance producer
license for a period not to exceed _________ days without requiring an examination if deemed
necessary



90 days - Answer-A person licensed as an insurance Producer in another state who moved to Mississippi
must make application within ________ days of establishing legal residence to become a resident
licensing



1 year - Answer-No licensee whose license has been revoked will be entitled to file another application
for a license as a producer within ______ year from the effective date of such revocation



10 days - Answer-If the commissioner is requesting a hearing with an agent — the notice will state the
time and place for the hearing which means must be held not less than _______ days after the date
notice is served



May 1st - Answer-When does the commissioner submit an annual report to the governor?



Complaints filed by insureds - Answer-Annual report doesn't include...



Medical benefits - Answer-This is unlimited in Mississippi



State level - Answer-Insurance is regulated at the...



State insurance commissioner & state fire marshal - Answer-Mike Chaney is the...

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