Pennsylvania Property and Casualty Law Supplement with complete solutions 2024

Pennsylvania Property and Casualty Law SupplementAgents and brokers must notify the Insurance Department of any change in their residence or business address within: - correct answer 30 days Insurers issuing liability policies covering motor vehicles in Pennsylvania must offer all of the following coverages EXCEPT: A) injuries incurred on the job. B) accidental death benefit. C) funeral benefit. D) income loss benefit. - correct answer A What is the maximum term of a temporary license that is issued as a result of a licensee's death? - correct answer 180 days How many credit hours of continuing education must an insurance producer complete during each 2-year license period? - correct answer 24 hours Financial responsibility requires the ability of the insured to pay how much for damage to the property of others from any single accident? - correct answer $5,000 What is the minimum age at which a person may apply for an insurance producer's license? - correct answer 18 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.