Chapter 3
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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A licensee may surrender his/her license: | show 🗑
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The actuarial department is responsible for: | show 🗑
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According to the qualifications of an insurer under the California Code a person can be any of the following EXCEPT: | show 🗑
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Informational records must be kept a minimum of: | show 🗑
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show | anyone as an incentive to acquire some other type of business.
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Insolvency means: | show 🗑
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What is the difference between an admitted and a non-admitted insurer? | show 🗑
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show | Vendors
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show | 60 days
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A subsidiary formed to insure the parent company is called a(n): | show 🗑
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show | advertising, promoting and distributing an insurer`s products to the public.
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Which of the following is NOT true about the California Insurance Code and the California Code of Regulations. | show 🗑
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In order to update, add or change a statute a bill must be passed by the legislature and then presented to the governor. If the statute is passed, it will go into | show 🗑
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Records must be made available to the Commissioner: | show 🗑
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A Property and Casualty Agent is required to continue their education by completing: | show 🗑
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For an agent or solicitor to be valid to transact requires: | show 🗑
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Transacting via internet with a California resident would not require | show 🗑
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show | After the department is notified within 30 days and the changes are approved
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show | Their license to sell insurance, displayed in a place where it can be easily seen.
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________ refers to the inability of the insurer to meet its financial obligations when they are due. | show 🗑
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show | Application paperwork
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show | license fees paid late
by either agent or insurer
termination of license
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Every licensee shall prominently put their license number on all of the following except: | show 🗑
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Which of the following is not a person under the Code? | show 🗑
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show | 5 years
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If a license is in the possession of the insurer or the licensee`s employer, the licensee may surrender his/her license: | show 🗑
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show | The name is politically connected to the government.
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show | client co-signing a loan
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show | a notice of appointment to do business in the state.
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An organization ceases to exist as an entity eligible to hold a license upon all of the following EXCEPT: | show 🗑
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If someone has a Life Agent Combo and a Property/Casualty license for 10 years, then how many CE hours would be required in the current license term? | show 🗑
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After providing an opportunity for a hearing, the Commissioner may deny an application for a license based on the following reasons EXCEPT: | show 🗑
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Review the information in the table. When you are ready to quiz yourself you can hide individual columns or the entire table. Then you can click on the empty cells to reveal the answer. Try to recall what will be displayed before clicking the empty cell.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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