pennsylvania property and casualty Exam
2026 Questions and Answers Graded A+
A policy covering commercial risks is subject to midterm cancellation for non-
payment of premium upon how many days' written notice? - Correct answer-15
days
the waiting period for payment of workers compensation benefits is - Correct
answer-7 days. the retroactive period is two weeks
to demonstrate financial responsibility in Pennsylvania the insured must be able t
respond to damages in which of the following amounts - Correct answer-15 k for
injury to any one person/30k max for any one accident
a type of insurance for which an agents license may be issued in pennsylvania is
called a - Correct answer-line of authority
- agent licenses are issued by a line of authority denoting the types of insurance the
agent is permitted to sell, for example propty casualty, personal and limited lines
An insurer must continue basic property insurance for how many days after the
death of the named insured - Correct answer-180 days after the death of the insured
, or until the sale of the covered property whic ever occurs first abd as long as
premiums are paid
By examining an insurer's records, the Insurance Commissioner assesses the
insurer's: - Correct answer-compliance with state laws.
how often must producer licenses be renewed in pennsylvania - Correct answer-
every 2 years
if an insurer cancels an individual personal auto policy it must notfiy the insured of
her possible eligibility to obtain automobile insurance through - Correct answer-the
pennsylvania auto insurance plan
the office of the insurance commissioner (head of pa deparrtment of insurance) is
filled by - Correct answer-appointment by the governor- 4 year term
Upon the death of the named insured, a policy providing basic property insurance
must be continued until the property is sold or for a minimum period of at least: -
Correct answer-180 days after the death occurs or sales of proprty whichever
occurs first
the practice of using misrepresentation to introduce any person to lapse, forfeit
surrender, exchange or convert an insurance policy is also known as - Correct
answer-twisting
2026 Questions and Answers Graded A+
A policy covering commercial risks is subject to midterm cancellation for non-
payment of premium upon how many days' written notice? - Correct answer-15
days
the waiting period for payment of workers compensation benefits is - Correct
answer-7 days. the retroactive period is two weeks
to demonstrate financial responsibility in Pennsylvania the insured must be able t
respond to damages in which of the following amounts - Correct answer-15 k for
injury to any one person/30k max for any one accident
a type of insurance for which an agents license may be issued in pennsylvania is
called a - Correct answer-line of authority
- agent licenses are issued by a line of authority denoting the types of insurance the
agent is permitted to sell, for example propty casualty, personal and limited lines
An insurer must continue basic property insurance for how many days after the
death of the named insured - Correct answer-180 days after the death of the insured
, or until the sale of the covered property whic ever occurs first abd as long as
premiums are paid
By examining an insurer's records, the Insurance Commissioner assesses the
insurer's: - Correct answer-compliance with state laws.
how often must producer licenses be renewed in pennsylvania - Correct answer-
every 2 years
if an insurer cancels an individual personal auto policy it must notfiy the insured of
her possible eligibility to obtain automobile insurance through - Correct answer-the
pennsylvania auto insurance plan
the office of the insurance commissioner (head of pa deparrtment of insurance) is
filled by - Correct answer-appointment by the governor- 4 year term
Upon the death of the named insured, a policy providing basic property insurance
must be continued until the property is sold or for a minimum period of at least: -
Correct answer-180 days after the death occurs or sales of proprty whichever
occurs first
the practice of using misrepresentation to introduce any person to lapse, forfeit
surrender, exchange or convert an insurance policy is also known as - Correct
answer-twisting
