PENNSYLVANIA LAWS AND RULES PERTINENT TO INSURANCE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++
0 view 0 purchase
Course
LAWS AND RULES PERTINENT TO INSURANCE
Institution
LAWS AND RULES PERTINENT TO INSURANCE
PENNSYLVANIA LAWS AND RULES PERTINENT TO INSURANCE EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS GRADED A++
Twisting
Misrepresenting a policy for the purpose of inducing a policyholder to change or replace an existing policy is known as
Given written consent by the state insurance regulat...
pennsylvania laws and rules pertinent to insurance
Written for
LAWS AND RULES PERTINENT TO INSURANCE
All documents for this subject (25)
Seller
Follow
NurseAdvocate
Reviews received
Content preview
PENNSYLVANIA LAWS AND RULES PERTINENT TO
INSURANCE EXAM QUESTIONS AND ANSWERS WITH
COMPLETE SOLUTIONS GRADED A++
Twisting
Misrepresenting a policy for the purpose of inducing a policyholder to change or replace an existing
policy is known as
Given written consent by the state insurance regulatory agency
John has a criminal record in which he was convicted of a felony that involved dishonesty. Under Federal
law, how would John be able to engage in insurance transactions?
Shareholders
Which of the following is the Pennsylvania Insurance Department NOT responsible for?
30
Within how many days must a producer report to the Commissioner any charges made against him/her?
the licensee has committed insurance-related fraud or dishonesty
A licensee can have his/her license denied or revoked by the Commissioner if
Producer needs to be appointed by that insurer
A licensee can have his/her license denied or revoked by the Commissioner if
, Provide policyowner protection if an insurer becomes insolvent
What is the purpose of the Pennsylvania Life and Health Insurance Guaranty Association?
unfair claim settlement
When an insurance company consistently fails to provide reasonable explanations for the denial of a
claim, this is called a(n)
$5,000 per violation
A producer that willfully violates any provision of Pennsylvania Insurance law may be imposed to a
maximum penalty set by the Commissioner at
Notify Commissioner
What is the required action to be taken by a Pennsylvania licensee before operating under an assumed
business name?
Incontestability provision
Which of following provisions protects a Pennsylvania policyowner from an innocent mistake made on
the application over 2 years ago?
Confirm previous exam scores
In Pennsylvania, which of the following is NOT something a licensee must do to renew their insurance
license?
an insurer's A.M. Best rating
All of these are considered a form of advertising EXCEPT
Recommending insurers
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller NurseAdvocate. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
