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Insurance Licensing PA-Life-Accident-and-Health Exam Syllabus Topics:

Insurance Licensing Pennsylvania Life, Accident and Health Sample Questions:

1. A producer who knowingly submits a FALSE statement in support of a claim may be found guilty of

A) rebating.
B) fraud.
C) twisting.
D) coercion.

2. For licensing purposes, the producer's principal place of business or residence in any slate determines the producer's

A) home state.
B) territory.
C) insurance transaction site.
D) license renewal date.

3. The Commissioner may take disciplinary action against a licensee for any of the following reasons EXCEPT:

A) Making untrue statements in the license application
B) Committing unfair trade practices
C) Violating any insurance law
D) Being convicted of a summary offense

4. What is the primary reason a business should purchase key person insurance?

A) Reduce taxable income
B) Insure all employees
C) Offset financial losses
D) Reward an executive

5. An insurance producer is appointed to transact insurance on behalf of

A) the Commonwealth of Pennsylvania.
B) the appointing insurer.
C) the Insurance Commissioner.
D) all insurers.

Solutions: