State Farm Latest Final Exam Questions with Complete Solutions

State Farm Latest Final Exam Questions with Complete Solutions submitting to a medical exam when requested - Answer-in the event of a claim under a commercial general liability policy, the insured has all of the following duties to the insurer Except penalty - Answer-a bond is written for a set limit, and the surety will be liable only for this amount of the limit. this limit is known as the to sue an employer for the loss and prove that the employer was at fault - Answer-Prior to state-directed workers compensation statutes being enacted, employees had occupational - Answer-What kind of diseases are caused by persons occupation or job setting Making comparisons between different policies - Answer-which of the following is not considered a misrepresentation as it pertains to unfair trade practices 5 years - Answer-the commissioner has a duty to examine each domestic insurer admitted to transact insurance in Oklahoma at least one every 30 days - Answer-the commissioner has just issued an order regarding a recent hearing. how many days does the producer who was subject to the hearing to appeal to commissioners action an unfair trade practice - Answer-if an insurance company makes a statement that its policies are guaranteed by the excistence of the insurance guaranty association, that would be considered the Oklahoma Automobile insurance plan - Answer-prospective insureds who are obtain insurance through a standard carrier should apply for coverage through obtaining an insurance license - Answer-all of the following would be considered an insurance transaction Execpt Without receiving written consent from an insurance regulatory authority - Answer-Federal law makes it illegal for any individuals convicted of a crime involving dishonesty or breach of trust to work in the business of insurance affecting interstate commerce sales person - Answer-which of the following are exempt from the workers compensation act? 31 days - Answer-how many days from the issuance of an emergency ceased and desist would the order be considered final fraud - Answer-an insurance company assures its new policy holders that their premium costs will not increase for for a period of a least 5 years. however due to increasing financial strain, they plan to raise premium costs for all insured by 10% over the next 2 years