MN Insurance Property & Casualty Exam
Questions And Answers |Latest 2025 |
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The commissioner examines each insurer every __ years - Answer✔5
$___ fine per day if a person violates, aides, or abets a written cease and desist order -
Answer✔$10,000
Licensee may request a hearing within __ days of commissioners order after hearing request,
the commissioner has ___ to hold the hearing - Answer✔30 and 30
___ prelicensing hours per major line of authority - Answer✔20 hours
number of years licensing exam results are valid - Answer✔3 years
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$___ per line of authority for an applicaton fee - Answer✔$50
___ credit hours per licensed producer - Answer✔24 credits
how many hours of continuing education must be in ethics? - Answer✔3
For an earthquake how many hours and how many deductibles - Answer✔168 hours and only 1
deductible
How many years is a license period - Answer✔2 years
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
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