Casualty producer Study guides, Class notes & Summaries
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AFSB 151 Final Exam| 180 Questions with 100 % correct Answers | Verified
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A surety bond is a written document in which one party guarantees a second party's - Performance 
to a third party for the second party's failure to fulfill an obligation. 
Which one of the these groups, for the most part, serves the market for fidelity and surety bonds in the 
United States? - Multiline property-casualty insurers 
Sureties use what written document to authorize a producer to act as the surety's agent in bond 
production? - A power of attorney 
While suretyship and banking both ...
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Property and Casualty Insurance - Final Exam Questions and Answers 2023
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Property and Casualty Insurance - Final Exam Questions and Answers 2023 
An unlicensed employee of an insurance agency may perform all of the following EXCEPT: 
A) Accept a claim form 
B) Type correspondence for a direct mail campaign 
C) Deposit properly endorsed checks into the agency's bank account 
•• D) Advise an insured of coverage issues 
 
 
 
A producer must notify the insurance division of an address change within: 
A) 10 days 
B) 20 days 
C) 25 days 
•• D) 30 days 
 
 
 
A Tem...
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Casualty Producer NJ- Exam Questions with correct Answers
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Casualty Producer NJ- Exam Questions with correct Answers 
 
Powers and duties of Commissioner Conduct research 
Make reasonable rules and regulations 
Issue orders and notices 
Issue insurance licenses and certificates of authority 
Impose penalties 
Approve insurance policy forms and rates 
 
Amount of days notice before hearing 10 
 
Retrocession When a reinsurer transfers risks it has accepted to another insurer 
 
Producers can be Agents, brokers or both 
 
Insurance agent a licensed ...
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Louisiana Property & Casualty Exam - PSI & ExamFX Questions and Answers 100% Correct
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Louisiana Property & Casualty Exam - PSI & ExamFX Questions and Answers 100% CorrectLouisiana Property & Casualty Exam - PSI & ExamFX Questions and Answers 100% CorrectLouisiana Property & Casualty Exam - PSI & ExamFX Questions and Answers 100% Correct 
If a producer allows his license to lapse, within what time period may the producer reinstate the same license? - ANSWER-b) 2 years 
 
Producers who allow their license to lapse may reinstate them same license within 2 years, upon proof of fulfil...
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Casualty Producer NJ- Exam Questions with 100% correct Answers
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Casualty Producer NJ- Exam Questions with correct Answers Powers and duties of Commissioner Conduct research Make reasonable rules and regulations Issue orders and notices Issue insurance licenses and certificates of authority Impose penalties Approve insurance policy forms and rates Amount of days notice before hearing 10 Retrocession When a reinsurer transfers risks it has accepted to another insurer Producers can be Agents, brokers or both Insurance agent a licensed insurance producer who is ...
Too much month left at the end of the money?
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Casualty Producer NJ- Exam Questions with 100% correct Answers
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Powers and duties of Commissioner - ANSWER-Conduct research 
Make reasonable rules and regulations 
Issue orders and notices 
Issue insurance licenses and certificates of authority 
Impose penalties 
Approve insurance policy forms and rates 
 
Amount of days notice before hearing - ANSWER-10 
 
Retrocession - ANSWER-When a reinsurer transfers risks it has accepted to another insurer 
 
Producers can be - ANSWER-Agents, brokers or both 
 
Insurance agent - ANSWER-a licensed insurance producer wh...
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Pearson VUE: Casualty Insurance Practice Exam Questions And Correct Answers
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Pearson VUE: Casualty Insurance Practice Exam Questions And Correct Answers 
 
An insured may cancel a Personal Auto Policy by taking which of the following actions? 
 
A. Paying the insurance company any past due premiums 
 
B. Waiting until the policy expiration date 
 
C. Giving written notice to the insurance company 
 
D. Informing the producer by telephone 
C 
In insurance, which of the following terms refers to continuous or repeated exposure to conditions that may result in bodily injury...
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MS Property & Casualty Questions and Answers Already Passed
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MS Property & Casualty Questions and 
 
Answers Already Passed 
 
To renew a producer license which is been in affect more than 18 months, a producer must 
complete ___________ 24 hrs & 3 of those hours ethics 
 
To renew a producer license which is been in effect for 18 months or less, a producer must 
complete________ of CE. 12 hrs 
 
A producer must report to the commissioner any administrative action taken against the producer 
in any jurisdiction, for by another governmental agency in the s...
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NJ Property and casualty insurance Bundled Exam updated 2022/2023
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NJ Property/ Casualty Insurance 
NJ Property, Casualty, and Auto Licensing Exam
NJ property insurance law 
NJ Casualty Test (solved)
NJ PSI Property and Casualty 
NJ Property State Exam 
NJ Property & Casualty Exam Practice 
EXAMFX NJ Property & Casualty Q&A
Casualty Producer NJ
Nj property and casualty insurance 
Property and Casualty - NJ STATE 

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AFSB 151 Final Exam Questions With Complete Solutions.
- Exam (elaborations) • 15 pages • 2023
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AFSB 151 Final Exam Questions With Complete Solutions. 
 
A surety bond is a written document in which one party guarantees a second party's 
Performance to a third party for the second party's failure to fulfill an obligation. 
Which one of the these groups, for the most part, serves the market for fidelity and surety bonds in the United States? 
Multiline property-casualty insurers 
Sureties use what written document to authorize a producer to act as the surety's agent in bond production? 
...
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Mississippi Insurance Test | 200 Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 19 pages • 2024
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The Commissioner of Insurance in Mississippi is elected to office for a term of - 4 years 
The burden of proof for determining that a producer is representing an authorized insurer falls on - 
The producer 
The fine the Commissioner may levy for violating any provision of the Insurance Code is - $1000 
A foreign insurer - An insurer formed under the laws of any state other than Mississippi would be 
known as 
Each of the following is true about the Mississippi Residential Property Insurance Unde...
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