Tennessee State Property and Casualty Licensing Exam Questions and Answers (Solved Papers) Failure to Pay premium - Correct Answers ✅10 days notice Every propert insurance agent, within _____ days after writing any contract of fire insurance on any building in Tennessee, must personally inspect the property or cause it to be inspected - Correct Answers ✅90 On personal Risk insurance, notice of cancelation must be ____ for nonpayment, and ______ for policies over 60 days old
- Correct Answers ✅10 & 20
Commercial risk insurance may be cancelled by the insurer during the first 60 days of coverage when the risk is initially insured for what reason - Correct Answers ✅Any reason Commercial risk insurance is - Correct Answers ✅Commercial liability and property coverage Cancellation for cause of a commercial risk policy requires ____ day notice & must state grounds for cancellation being rules upon; while nonrenewal requires ____ days notice for both nonrenweal and when rates are increased more than 25% - Correct Answers ✅10 & 60 1 / 2
Tennessee State Property and Casualty Licensing Exam Questions and Answers (Solved Papers) Any driver over 55 years old may have their premiums reduced for ____ years for completing an ____ hour course on accident prevention. - Correct Answers ✅3 These worker groups are exempt from workers comp except
- Farm
- Independent Contractors
- Public
- Private - Correct Answers ✅Private
All of the following are lines of insurance except:
- Property
- Personal Lines
- Casualty
- Workers Comp - Correct Answers ✅Workers Comp
a producer represents: - Correct Answers ✅Insurer
The commissioner is apointed for a ____ year term - Correct Answers ✅4 Pre-licensing hours required for each line of insurance(life, health, property, casualty, etc) - Correct Answers ✅20
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