Insurance Licensing PA-Title-Insurance-Agent : Pennsylvania Producers Examination for Title Insurance Series 16-10

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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:

Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:

1. All of the following are subject to false advertising regulations EXCEPT

A) statements.
B) letters.
C) gifts.
D) circulars.

2. Which of the following is NOT effective with a Quit Claim Deed?

A) Remove clouds on title.
B) Warranty of title.
C) Conveyance of title interest.
D) Stops grantor from asserting rights.

3. An insurer fails to promptly provide a reasonable explanation for the denial of a claim as a general business practice. This is considered to be

A) a violation of the grace period provision.
B) a contractual liability.
C) an unfair insurance practice.
D) a fraudulent insurance act.

4. An agent who collects money from an insured and holds it for payment to the insurer is

A) wrongfully withholding funds.
B) commingling funds.
C) providing coverage.
D) acting in a fiduciary capacity.

5. Which of the following is the broadest form of ownership allowed by law?

A) life estate
B) easement estate
C) fee simple
D) leasehold

Solutions: