Licensing Exam Questions and Answers
(Solved Papers)
Failure to Pay premium - Correct Answers ✅10 days notice
Every propert insurance agent, within _____ days after writing
any contract of fire insurance on any building in Tennessee,
must personally inspect the property or cause it to be
inspected - Correct Answers ✅90
On personal Risk insurance, notice of cancelation must be
____ for nonpayment, and ______ for policies over 60 days old
- Correct Answers ✅10 & 20
Commercial risk insurance may be cancelled by the insurer
during the first 60 days of coverage when the risk is initially
insured for what reason - Correct Answers ✅Any reason
Commercial risk insurance is - Correct Answers
✅Commercial liability and property coverage
Cancellation for cause of a commercial risk policy requires
____ day notice & must state grounds for cancellation being
rules upon; while nonrenewal requires ____ days notice for
both nonrenweal and when rates are increased more than
25% - Correct Answers ✅10 & 60
, Tennessee State Property and Casualty
Licensing Exam Questions and Answers
(Solved Papers)
Any driver over 55 years old may have their premiums
reduced for ____ years for completing an ____ hour course on
accident prevention. - Correct Answers ✅3
These worker groups are exempt from workers comp except
A) Farm
B) Independent Contractors
C) Public
D) Private - Correct Answers ✅Private
All of the following are lines of insurance except:
A) Property
B) Personal Lines
C) Casualty
D) Workers Comp - Correct Answers ✅Workers Comp
a producer represents: - Correct Answers ✅Insurer
The commissioner is apointed for a ____ year term - Correct
Answers ✅4
Pre-licensing hours required for each line of insurance(life,
health, property, casualty, etc) - Correct Answers ✅20