PSI CA PROPERTY AND CASUALTY PRACTICE
UHUYHYUJYNMG
EXAMINATION QUESTIONS AND ANSWERS 2023/2024
1 Can a lender, as a condition of making a loan, require that any insurance be placed through a
particular insurance agent or broker? - (answer)The loan recipient may always select a particular
agent or broker of their choosing
在当今社会，科技的发展已经渗透
2 A claimant can be any of the following EXCEPT - (answer)EXCEPT a person who is
到我们生活的方方面面。无论是工
conducting an investigation of a claim on behalf of an insurer
作、学习，还是日常娱乐，科技都
在不断改变我们的生活方式和行为
3 All of the following are to be specified in an insurance policy EXCEPT - (answer)EXCEPT the
模式。可以说，科技的进步不仅提
financial rating of the insured
高了我们的生活质量，还塑造了全
新的社会形态。
4 Which of the following provisions of free insurance offered as an incentive to purchase or rent
property is TRUE? - (answer)It requires a separate charge or fee
5 What is the method used for placing business with the California Automobile Assigned Risk
Program? - (answer)The percentage of CAARP policies required is equal to the percentage of
regular insurance policies the insurer has issued within the State
6 Whether admitted or nonadmitted, how does a "foreign" insurer differ from an "alien" or
"domestic" insurer? - (answer)A "foreign" insurer is organized under the laws of another state
within the United States
7 All of the following are reasons employers liability insurance is needed in addition to workers'
compensation insurance EXCEPT - (answer)EXCEPT to pay medical bills
首先，科技极大地提升了信息的获
取与传播速度。过去，人们获取信
8 What is the purpose of the experience modification system in the California workers'
compensation experience rating息的方式有限，依赖书籍、报纸和
system? - (answer)It expresses a particular company's loss or
claims history as a percentage to all other companies in the industry
电视等传统媒介。然而，随着互联
网的普及，人们现在只需通过手机
9 Which form of negotiation is或电脑，就能在几秒钟内获取全球
covered under the definition of "transact" as applied to insurance?
- (answer)Negotiations preliminary to execution
最新的新闻、学术研究以及各种知
识。社交媒体平台和搜索引擎的出
现更是让信息传播变得前所未有的
迅速和广泛。知识的便捷获取，不
仅促进了个人学习，也推动了社会
的整体进步。
, 10 Which type of coverage protects against loss caused by earth movement? - (answer)A stand-
UHUYHYUJYNMG
alone Earthquake Insurance policy specifically insuring against loss caused by land subsidence
11 Which circumstances in a pretext interview determine if the questions are permissible? -
(answer)When an insured is consulted by a person who hides his true identity on purpose when
fraud for a claim is suspected
在当今社会，科技的发展已经渗透
到我们生活的方方面面。无论是工
12 Which is TRUE regarding expectant or contingent interest? - (answer)Expectant or contingent
interest does NOT constitute insurable interest
作、学习，还是日常娱乐，科技都
在不断改变我们的生活方式和行为
模式。可以说，科技的进步不仅提
13 "Person" means all of the following EXCEPT - (answer)EXCEPT an organizational trust
高了我们的生活质量，还塑造了全
新的社会形态。
14 Which of the following is TRUE regarding continuing education requirements of an agent or
broker? - (answer)Any licensee shall satisfactorily complete 24 hours of instruction prior to
license renewal.
15 Except in a case where the property is being held as a carrier or depository, what is the
insurable interest is measured by? - (answer)EXCEPT The extent to which the insured would be
damnified by loss or injury to the property
16 All of the following are included as definitions of "transact" as applied to insurance EXCEPT
- (answer)EXCEPT underwriting
17 At which point is a person licensed as a broker-agent deemed to be acting as an insurance
agent? - (answer)when a notice of appointment is filed with the insurance commissioner
首先，科技极大地提升了信息的获
18 How may a license be surrendered by the insuree, or terminated by the employer? -
取与传播速度。过去，人们获取信
(answer)Personally delivering the license to the insurance commissioner, or by written notice
息的方式有限，依赖书籍、报纸和
form the employer.
电视等传统媒介。然而，随着互联
网的普及，人们现在只需通过手机
19 What is the punishment for a person who refuses to deliver books, records, or assets to the
或电脑，就能在几秒钟内获取全球
commissioner when subject to a seizure order in an insolvency proceeding? - (answer)Not more
最新的新闻、学术研究以及各种知
than $1000 fine and/or 1 year imprisonment
识。社交媒体平台和搜索引擎的出
现更是让信息传播变得前所未有的
迅速和广泛。知识的便捷获取，不
仅促进了个人学习，也推动了社会
的整体进步。
UHUYHYUJYNMG
EXAMINATION QUESTIONS AND ANSWERS 2023/2024
1 Can a lender, as a condition of making a loan, require that any insurance be placed through a
particular insurance agent or broker? - (answer)The loan recipient may always select a particular
agent or broker of their choosing
在当今社会，科技的发展已经渗透
2 A claimant can be any of the following EXCEPT - (answer)EXCEPT a person who is
到我们生活的方方面面。无论是工
conducting an investigation of a claim on behalf of an insurer
作、学习，还是日常娱乐，科技都
在不断改变我们的生活方式和行为
3 All of the following are to be specified in an insurance policy EXCEPT - (answer)EXCEPT the
模式。可以说，科技的进步不仅提
financial rating of the insured
高了我们的生活质量，还塑造了全
新的社会形态。
4 Which of the following provisions of free insurance offered as an incentive to purchase or rent
property is TRUE? - (answer)It requires a separate charge or fee
5 What is the method used for placing business with the California Automobile Assigned Risk
Program? - (answer)The percentage of CAARP policies required is equal to the percentage of
regular insurance policies the insurer has issued within the State
6 Whether admitted or nonadmitted, how does a "foreign" insurer differ from an "alien" or
"domestic" insurer? - (answer)A "foreign" insurer is organized under the laws of another state
within the United States
7 All of the following are reasons employers liability insurance is needed in addition to workers'
compensation insurance EXCEPT - (answer)EXCEPT to pay medical bills
首先，科技极大地提升了信息的获
取与传播速度。过去，人们获取信
8 What is the purpose of the experience modification system in the California workers'
compensation experience rating息的方式有限，依赖书籍、报纸和
system? - (answer)It expresses a particular company's loss or
claims history as a percentage to all other companies in the industry
电视等传统媒介。然而，随着互联
网的普及，人们现在只需通过手机
9 Which form of negotiation is或电脑，就能在几秒钟内获取全球
covered under the definition of "transact" as applied to insurance?
- (answer)Negotiations preliminary to execution
最新的新闻、学术研究以及各种知
识。社交媒体平台和搜索引擎的出
现更是让信息传播变得前所未有的
迅速和广泛。知识的便捷获取，不
仅促进了个人学习，也推动了社会
的整体进步。
, 10 Which type of coverage protects against loss caused by earth movement? - (answer)A stand-
UHUYHYUJYNMG
alone Earthquake Insurance policy specifically insuring against loss caused by land subsidence
11 Which circumstances in a pretext interview determine if the questions are permissible? -
(answer)When an insured is consulted by a person who hides his true identity on purpose when
fraud for a claim is suspected
在当今社会，科技的发展已经渗透
到我们生活的方方面面。无论是工
12 Which is TRUE regarding expectant or contingent interest? - (answer)Expectant or contingent
interest does NOT constitute insurable interest
作、学习，还是日常娱乐，科技都
在不断改变我们的生活方式和行为
模式。可以说，科技的进步不仅提
13 "Person" means all of the following EXCEPT - (answer)EXCEPT an organizational trust
高了我们的生活质量，还塑造了全
新的社会形态。
14 Which of the following is TRUE regarding continuing education requirements of an agent or
broker? - (answer)Any licensee shall satisfactorily complete 24 hours of instruction prior to
license renewal.
15 Except in a case where the property is being held as a carrier or depository, what is the
insurable interest is measured by? - (answer)EXCEPT The extent to which the insured would be
damnified by loss or injury to the property
16 All of the following are included as definitions of "transact" as applied to insurance EXCEPT
- (answer)EXCEPT underwriting
17 At which point is a person licensed as a broker-agent deemed to be acting as an insurance
agent? - (answer)when a notice of appointment is filed with the insurance commissioner
首先，科技极大地提升了信息的获
18 How may a license be surrendered by the insuree, or terminated by the employer? -
取与传播速度。过去，人们获取信
(answer)Personally delivering the license to the insurance commissioner, or by written notice
息的方式有限，依赖书籍、报纸和
form the employer.
电视等传统媒介。然而，随着互联
网的普及，人们现在只需通过手机
19 What is the punishment for a person who refuses to deliver books, records, or assets to the
或电脑，就能在几秒钟内获取全球
commissioner when subject to a seizure order in an insolvency proceeding? - (answer)Not more
最新的新闻、学术研究以及各种知
than $1000 fine and/or 1 year imprisonment
识。社交媒体平台和搜索引擎的出
现更是让信息传播变得前所未有的
迅速和广泛。知识的便捷获取，不
仅促进了个人学习，也推动了社会
的整体进步。
