Regulations
What is the age requirement for public adjusters in
A. There is no stated age
Pennsylvania?
requirement.
B. 21 years of
C. 18 years of
age
age
D. 25 years of age correct answersC. 18 years
of age
Before transacting business in Pennsylvania, a public adjuster is required to
execute
bond for athe minimum
sum
A. of:
B.
$10,000
$25,000
C.
$50,000
D. $20,000 correct answersD.
$20,000
All licensees are required to notify the Insurance Department of any change
in address of such
within
A. 10
change.
days
B. 45
D. days
6 months correct answersC. 30
C. 30
days
All days
persons transacting insurance in Pennsylvania must maintain complete
records of all
complaints received for a
period
A. 6 of:
B. 1
months
year
C. 18
D. 4 years correct answersD. 4
months
years
The maximum obligation of the Property and Casualty Insurance Guaranty
Association
is for covered claims other than return of unearned
A.
premium claims.
$50,000
B.
C.
$150,000
$300,000
D. $500,000 correct answersC.
$300,000
Binders or other contracts for temporary insurance, including fire
made orallymay
insurance, or inbewriting, for a period of
up 10
A. to:
B. 30
days
days