MS Property & Casualty Questions
and Answers Solved 100% Correct
$1,000 - ANSWER-Is the fine for violating cease and desist order
$1,500 - ANSWER-How much for theft is jewelry covered for homeowners?
$1,500 - ANSWER-How much is watercraft, including trailers & equipment && trailers
not used with watercraft covered under homeowners?
$2,500 - ANSWER-How much is silverware and firearms covered for homeowners?
$200 - ANSWER-How much is money covered for under homeowners?
$250 - ANSWER-Bail bonds on PAP are covered for $_____
$250 - ANSWER-If company request you go to court, you will be paid up to $_____ per
day for loss.
$5,000 - ANSWER-Is the fine for violation of any provision of the insurance laws of
Mississippi for which a different penalty is not specifically provided (against
commissioner)
$5,000 ; $1,000 - ANSWER-With death benefits, up to ______ is provided as a
maximum burial allowance, and a surviving spouse receive a lump sum benefit of
_______
$500 - ANSWER-How much is property away from the residences premises used for
business purposes?
1 year - ANSWER-No licensee whose license has been revoked will be entitled to file
another application for a license as a producer within ______ year from the effective
date of such revocation
10 days - ANSWER-If the commissioner is requesting a hearing with an agent — the
notice will state the time and place for the hearing which means must be held not less
than _______ days after the date notice is served
12 hrs - ANSWER-To renew a producer license which is been in effect for 18 months or
less, a producer must complete________ of CE.
14 - ANSWER-For physical damage, you are covered for ____ days.
, 15 days - ANSWER-The number of days from the date the agency contract is executed
or the first insurance application is submitted that you're appointing insurer must file, in
an approved format, a notice of appointment
180 days (exact) or 6 months - ANSWER-The commissioner may issue a temporary
insurance producer license for a period not to exceed _________ days without requiring
an examination if deemed necessary
20 hours - ANSWER-The number of hours for the prelicensing education requirement
for adjuster only, property only or casualty only.
24 hrs & 3 of those hours ethics - ANSWER-To renew a producer license which is been
in affect more than 18 months, a producer must complete ___________
25/50/25 ; $100,000 - ANSWER-Ex of Split limits & combined limits
25% & $10,000 - ANSWER-When see debris removal what are the numbers to
remember?
30 days - ANSWER-A producer must report to the commissioner any administrative
action taken against the producer in any jurisdiction, for by another governmental
agency in the state within___________ of the final disposition of the matter.
30 days - ANSWER-Licensees must inform the commissioner of any change of address
or name within _______ days of the change.
30 days - ANSWER-The insurer or authorized representative of the insurer that
terminates the appointment, employment, contracts, or other insurance business
relationship with the producer must notify the commissioner within ________ days
following the eff date of termination. Ex. Non production
35% - ANSWER-Control business - and licensee is not permitted to earn commissions
on all business written in a 12 month period in excess of ____ of the aggregate
commissions
4 days, $500 - ANSWER-If no coverage, must request coverage within _____ days, if
loss occurs within first __^__, you have a ____ deductible.
40 hrs - ANSWER-How many hrs for Prelicensing education requirement hours needed
for life/health/accident and property and casualty agent in Mississippi
450 weeks - ANSWER-Total disability benefits are paid for the duration of disability,
subject to a maximum time limit of ______ and a maximum dollar amount
5 day - ANSWER-Total disability begins after a _______ waiting period.
and Answers Solved 100% Correct
$1,000 - ANSWER-Is the fine for violating cease and desist order
$1,500 - ANSWER-How much for theft is jewelry covered for homeowners?
$1,500 - ANSWER-How much is watercraft, including trailers & equipment && trailers
not used with watercraft covered under homeowners?
$2,500 - ANSWER-How much is silverware and firearms covered for homeowners?
$200 - ANSWER-How much is money covered for under homeowners?
$250 - ANSWER-Bail bonds on PAP are covered for $_____
$250 - ANSWER-If company request you go to court, you will be paid up to $_____ per
day for loss.
$5,000 - ANSWER-Is the fine for violation of any provision of the insurance laws of
Mississippi for which a different penalty is not specifically provided (against
commissioner)
$5,000 ; $1,000 - ANSWER-With death benefits, up to ______ is provided as a
maximum burial allowance, and a surviving spouse receive a lump sum benefit of
_______
$500 - ANSWER-How much is property away from the residences premises used for
business purposes?
1 year - ANSWER-No licensee whose license has been revoked will be entitled to file
another application for a license as a producer within ______ year from the effective
date of such revocation
10 days - ANSWER-If the commissioner is requesting a hearing with an agent — the
notice will state the time and place for the hearing which means must be held not less
than _______ days after the date notice is served
12 hrs - ANSWER-To renew a producer license which is been in effect for 18 months or
less, a producer must complete________ of CE.
14 - ANSWER-For physical damage, you are covered for ____ days.
, 15 days - ANSWER-The number of days from the date the agency contract is executed
or the first insurance application is submitted that you're appointing insurer must file, in
an approved format, a notice of appointment
180 days (exact) or 6 months - ANSWER-The commissioner may issue a temporary
insurance producer license for a period not to exceed _________ days without requiring
an examination if deemed necessary
20 hours - ANSWER-The number of hours for the prelicensing education requirement
for adjuster only, property only or casualty only.
24 hrs & 3 of those hours ethics - ANSWER-To renew a producer license which is been
in affect more than 18 months, a producer must complete ___________
25/50/25 ; $100,000 - ANSWER-Ex of Split limits & combined limits
25% & $10,000 - ANSWER-When see debris removal what are the numbers to
remember?
30 days - ANSWER-A producer must report to the commissioner any administrative
action taken against the producer in any jurisdiction, for by another governmental
agency in the state within___________ of the final disposition of the matter.
30 days - ANSWER-Licensees must inform the commissioner of any change of address
or name within _______ days of the change.
30 days - ANSWER-The insurer or authorized representative of the insurer that
terminates the appointment, employment, contracts, or other insurance business
relationship with the producer must notify the commissioner within ________ days
following the eff date of termination. Ex. Non production
35% - ANSWER-Control business - and licensee is not permitted to earn commissions
on all business written in a 12 month period in excess of ____ of the aggregate
commissions
4 days, $500 - ANSWER-If no coverage, must request coverage within _____ days, if
loss occurs within first __^__, you have a ____ deductible.
40 hrs - ANSWER-How many hrs for Prelicensing education requirement hours needed
for life/health/accident and property and casualty agent in Mississippi
450 weeks - ANSWER-Total disability benefits are paid for the duration of disability,
subject to a maximum time limit of ______ and a maximum dollar amount
5 day - ANSWER-Total disability begins after a _______ waiting period.
