NEWEST WEBCE EXAM 2025/2026 / WEBCE ACTUAL EXAM
WITH COMPLETE ACCURATE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% CORRECT VERIFIED
SOLUTIONS) LATEST UPDATED VERSION |GUARANTEED
PASS. (FULL REVISED) WEBCE EXAM
which of the following is NOT a remedy available to the PA
commissioner of insurance for committing an unfair method of
competition?
-imprisonment
-cease and desist order
-suspension of license
-revocation of license
Answer- imprisonment is not a punishment for committing an
unfair method of competition
Rationale: you cannot be arrested for committing an unfair
method of competition
which of the following is NOT an unfair claims settlement
practice if committed by an insurance company in PA?
,-failing to promptly acknowledge communications about claims
-failing to promptly settle a claim for which liability is uncertain
-appealing from an arbitration award in favor of an insured to
compel the insured to accept a lower settlement
-failing to affirm or deny coverage within a reasonable time after
completing a claim investigation
Answer- ailing to promptly settle a claim for which liability is
uncertain is NOT an unfair claims settlement practice
Jeff is a licensed insurance producer in both PA and NY. he is
charged with embezzlement in NY, and his first pretrial hearing
is set for March 1. He must notify the PA commissioner of
insurance within how many days of this hearing?
Answer- Jeff has 30 days to notify the PA commissioner of
insurance of the disciplinary action being taken against him
which of the following is NOT an unfair claims settlement
practice if committed by an insurance company in PA?
-failing to promptly acknowledge communications about claims
-failing to promptly settle a claim for which liability is uncertain
,-offering to settle claims for less than due to encourage litigation
-raising policy defenses to reduce a claim
Answer- failing to promptly settle a claim for which liability is
uncertain is not an unfair claims settlement practice
Stacy is a captive agent for best rates insurance company. Her
agency contract gives her permission to print and use business
cards with the company's logo and submit applications for its
policy. What type of authority does Stacy have to take these
actions?
Answer- Stacy has express authority due to the contract between
her and the insurance company specifically allowing her act in
such a way
to boost her sales at the end of the year, agent Trudy started
offering potential clients a $250 cash gift card in exchange for
purchasing a life insurance policy. which ethical sales practice
has she violated?
-twisting
-churning
-rebating
, -false information
Answer- rebating
it’s illegal to offer gifts in exchange for the purchase of an
insurance policy
which of the following is not a power granted to the PA
commissioner of insurance?
-licensing producers and companies
-enforcing insurance laws
-issuing regulations to administer insurance laws
-prosecuting individuals for violating insurance laws
Answer- the PA commissioner of insurance CANNOT prosecute
individuals for violating insurance laws
which is not necessary to create a legal contract?
-consideration
-offer
WITH COMPLETE ACCURATE QUESTIONS AND CORRECT
DETAILED ANSWERS (100% CORRECT VERIFIED
SOLUTIONS) LATEST UPDATED VERSION |GUARANTEED
PASS. (FULL REVISED) WEBCE EXAM
which of the following is NOT a remedy available to the PA
commissioner of insurance for committing an unfair method of
competition?
-imprisonment
-cease and desist order
-suspension of license
-revocation of license
Answer- imprisonment is not a punishment for committing an
unfair method of competition
Rationale: you cannot be arrested for committing an unfair
method of competition
which of the following is NOT an unfair claims settlement
practice if committed by an insurance company in PA?
,-failing to promptly acknowledge communications about claims
-failing to promptly settle a claim for which liability is uncertain
-appealing from an arbitration award in favor of an insured to
compel the insured to accept a lower settlement
-failing to affirm or deny coverage within a reasonable time after
completing a claim investigation
Answer- ailing to promptly settle a claim for which liability is
uncertain is NOT an unfair claims settlement practice
Jeff is a licensed insurance producer in both PA and NY. he is
charged with embezzlement in NY, and his first pretrial hearing
is set for March 1. He must notify the PA commissioner of
insurance within how many days of this hearing?
Answer- Jeff has 30 days to notify the PA commissioner of
insurance of the disciplinary action being taken against him
which of the following is NOT an unfair claims settlement
practice if committed by an insurance company in PA?
-failing to promptly acknowledge communications about claims
-failing to promptly settle a claim for which liability is uncertain
,-offering to settle claims for less than due to encourage litigation
-raising policy defenses to reduce a claim
Answer- failing to promptly settle a claim for which liability is
uncertain is not an unfair claims settlement practice
Stacy is a captive agent for best rates insurance company. Her
agency contract gives her permission to print and use business
cards with the company's logo and submit applications for its
policy. What type of authority does Stacy have to take these
actions?
Answer- Stacy has express authority due to the contract between
her and the insurance company specifically allowing her act in
such a way
to boost her sales at the end of the year, agent Trudy started
offering potential clients a $250 cash gift card in exchange for
purchasing a life insurance policy. which ethical sales practice
has she violated?
-twisting
-churning
-rebating
, -false information
Answer- rebating
it’s illegal to offer gifts in exchange for the purchase of an
insurance policy
which of the following is not a power granted to the PA
commissioner of insurance?
-licensing producers and companies
-enforcing insurance laws
-issuing regulations to administer insurance laws
-prosecuting individuals for violating insurance laws
Answer- the PA commissioner of insurance CANNOT prosecute
individuals for violating insurance laws
which is not necessary to create a legal contract?
-consideration
-offer
