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MN INSURANCE EXAM PROPERTY &
CASUALTY EXAM 2025| BRAND NEW ACTUAL
EXAM WITH 100% VERIFIED QUESTIONS AND
CORRECT SOLUTIONS| GUARANTEED VALUE
PACK| ACE YOUR GRADES.
1. The standard underwriting experience period in MN is __ years
- correct answer - 3 years
2. $___ for bodily injury to one person in any one accident -
correct answer - $30,000
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3. $___ for bodily injury to two or more persons in any one
accident - correct answer - $60,000
4. $__ for property damage of others in any one accident - correct
answer - $10,000
5. For personal injury protection, how much is the minimum per
person? - correct answer - $40,000
6. For reasonable and necessary medical expenses what is the
amount? - correct answer - $20,000
7. Occurance form - correct answer - coverage triggered by bodily
injury or physical damage that occurs during the policy period
8. $___ for income loss, funeral expense, and survivor's loss -
correct answer - $20,000
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9. Income loss benefits provide compensation for __% of gross
income to a maximum of $___ per week - correct answer - 85%
and $500
10. Funeral and burial benefits shall be reasonable expenses
not to exceed $___ - correct answer - $5,000
11. Rehab treatment must be reported to the insurer within ___
days - correct answer - 60 days
12. A person entitled to basic economic loss benefits must notify
the insurer within __ months of the date of accident - correct
answer - 6 months
13. Survivors economic loss benefits are subject to a maximum
of $___ per week - correct answer - $500
14. For underinsured, $___ minimum limit because of the injury
or death of one person in any accident - correct answer -
$25,000
MN INSURANCE EXAM PROPERTY &
CASUALTY EXAM 2025| BRAND NEW ACTUAL
EXAM WITH 100% VERIFIED QUESTIONS AND
CORRECT SOLUTIONS| GUARANTEED VALUE
PACK| ACE YOUR GRADES.
1. The standard underwriting experience period in MN is __ years
- correct answer - 3 years
2. $___ for bodily injury to one person in any one accident -
correct answer - $30,000
, Page | 2
3. $___ for bodily injury to two or more persons in any one
accident - correct answer - $60,000
4. $__ for property damage of others in any one accident - correct
answer - $10,000
5. For personal injury protection, how much is the minimum per
person? - correct answer - $40,000
6. For reasonable and necessary medical expenses what is the
amount? - correct answer - $20,000
7. Occurance form - correct answer - coverage triggered by bodily
injury or physical damage that occurs during the policy period
8. $___ for income loss, funeral expense, and survivor's loss -
correct answer - $20,000
, Page | 3
9. Income loss benefits provide compensation for __% of gross
income to a maximum of $___ per week - correct answer - 85%
and $500
10. Funeral and burial benefits shall be reasonable expenses
not to exceed $___ - correct answer - $5,000
11. Rehab treatment must be reported to the insurer within ___
days - correct answer - 60 days
12. A person entitled to basic economic loss benefits must notify
the insurer within __ months of the date of accident - correct
answer - 6 months
13. Survivors economic loss benefits are subject to a maximum
of $___ per week - correct answer - $500
14. For underinsured, $___ minimum limit because of the injury
or death of one person in any accident - correct answer -
$25,000
