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

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

2. An insurance licensee must do all of the following in order to renew an insurance license EXCEPT

A) complete the continuing education requirements, if applicable.
B) pay the required renewal fee.
C) submit to the department a completed renewal form.
D) hold active insurer appointment(s).

3. The Real Estate Settlement Procedure Act (RESPA), Section 8 violation that refers to a person giving or accepting a fee or "thing of value" for the referral of business is known as a

A) required use.
B) bundled services.
C) conversion.
D) kickback.

4. The MAIN purpose of an endorsement is to

A) decrease the premium.
B) describe the covered losses.
C) increase the premium.
D) modify the policy.

5. All of the following are considered valid monuments for the purpose of legally describing real property EXCEPT a

A) corner of a recorded subdivision lot.
B) iron pin.
C) fence line.
D) highway.

Solutions: