Property & Casualty Tennessee State Licensing Exam

$25 - correct answersmaximum referral fee for an unlicensed person $60,000 - correct answersthe minimum combined limit for an auto policy is 1,000 - correct answersmax for civil penalty 1,000 - correct answersmax per violation fine for violations committed unknowingly 1,000 - correct answerspenalty for revoked license 2 - correct answersinvestigations must be completed within ___ years 3 - correct answersif a drivers license is suspended or revoked, proof of financial responsibility must be maintained for __ years 3 - correct answerspremium reduction is in effect for __ years 5 - correct answersinsurers are examined at least once every __ years 5 - correct answersworkers' compensation law applies to employers employing at least __ people for pay 10 - correct answers__ days in advance for cancellation due to nonpayment of premium, or if cancellation is in the first 60 days of the auto policy 10 - correct answersnotice of non renewal or cancellation for commercial insurance is __ days in advance for cancellation in the first 60 days of the policy 10,000 - correct answerscease and desist penalty 10,000 - correct answersthe association's maximum liability per covered claim is __ for the return of unearned premium 12 - correct answerslicense may be reinstated within __ months from renewal date with