Prelicensing final exam Study guides, Class notes & Summaries

TCOLE Jailer Exam Questions with 100% Correct Answers TCOLE Mission A regulatory state agency, utilized to establish and enforce standards to ensure that the people of Texas are served by highly trained and ethical law enforcement, jail, and telecommunications personnel. Texas Commission on Law Enforcement A state agency created by an act of the 59th Legislature effective September 1, 1965 Occupations Code Statutory authority for the TCOLE to establish rules that law enforcement a...

MS Property & Casualty Exam Questions and Answers 100% Pass 24 hrs & 3 of those hours ethics - Correct Answer️️ -To renew a producer license which is been in affect more than 18 months, a producer must complete ___________ 12 hrs - Correct Answer️️ -To renew a producer license which is been in effect for 18 months or less, a producer must complete________ of CE. 30 days - Correct Answer️️ -A producer must report to the commissioner any administrative action taken against the p...

GEORGIA PROPERTY & CASUALTY QUESTIONS GA EXAM LATEST UPDATE 100+ QUESTIONS AND VERIFIED CORRECT ANSWERS GUARANTEED A+ AT FIRST ATTEMPT A bond guaranteeing the obligation of one party to another by a third party is known as a: surety bond guarantee bond fiduciary bond municipal bond -Correct Answer: A. surety bond A building to an insured's business is severely damaged by fire. bc of the nature of the damage to the adjoining property, the insured is denied access to the business by ...

Financial Services Regulation - Answer The Florida Legislature created the FDS, OIR, and OFR to oversee insurance & financial regulation in this state. Chief Financial Officer - Answer Jimmy Patronis, an elected official, the head of the DFS, may also be known as the treasurer. Directly regulates insurance agents; insurance fraud; insolvent & impaired insurers; and insurance consumer protection. Financial Services Commission - Answer Commission means the Financial Services Commission; comp...

NY LIFE, ACCIDENT, AND HEALTH INSURANCE AGENT (BROKER) EXAM SERIES 17-55 Process 2103 (d-i) - answer1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub-licensee must be 18 years of age or older at the time of issuance of such license. The person must ...

Who Should be Licensed (2101(k)(1)) - answer1. The term "insurance producer" does not include: An officer, director or employee of a licensed insurer, fraternal benefit society or health maintenance organization or of a licensed insurance producer, provided that the officer, director or employee does not receive any commission on policies written or sold to insure risks residing, located or to be performed in this state and: (a) the officer, director or employee's activities are executiv...

Article 26 of the Arizona Constitution - Answer Gives licensees the authority to prepare all types of real estate contracts but only when preparation is incidental to their function as agent and agent does not charge for preparation. Statute of Frauds - Answer Requires real estate contracts to be in writing to be enforceable Commisioner's Rules - Answer Not law but have the force and effect of law on licensees Real Estate Commissioner - Answer Appointed by the Governor. Needs 3 years o...

A broker must: - ANSWER-Submit all written offers to the seller A salesperson successfully completes the licensing exam after completing the 40-hour prelicensing course. She does not have a broker for whom she is going to work. In this situation, the department will: - ANSWER-Hold the results of the exam for one year All of the following are specifically exempted from license law requirements EXCEPT: - ANSWER-A person who sells more than five houses in one year The legal authority of a ...

NY LIFE, ACCIDENT, AND HEALTH INSURANCE AGENT (BROKER) EXAM SERIES 17-55 Process 2103 (d-i) - answer1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub-licensee must be 18 years of age or older at the time of issuance of such license. The person must ...

NY LIFE, ACCIDENT, AND HEALTH INSURANCE AGENT (BROKER) EXAM SERIES 17-55 Process 2103 (d-i) - answer1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub-licensee must be 18 years of age or older at the time of issuance of such license. The person must ...