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Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Title Insurance Principles | - Policy structure
| |
| Topic 2: Insurance Regulation | 12% | - Producer regulation
|
| Topic 3: General Insurance Concepts | 3% | |
| Topic 4: Title Exceptions and Procedures for Clearing Title | 21% | - Liens and encumbrances
|
Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
1. The MAIN purpose of an endorsement is to
A) increase the premium.
B) describe the covered losses.
C) modify the policy.
D) decrease the premium.
2. Which of the following is considered an involuntary lien?
A) HELOC loan
B) federal tax lien
C) a life estate reservation
D) deed restriction
3. An insurance licensee must do all of the following in order to renew an insurance license EXCEPT
A) pay the required renewal fee.
B) submit to the department a completed renewal form.
C) complete the continuing education requirements, if applicable.
D) hold active insurer appointment(s).
4. Which of the following is NOT effective with a Quit Claim Deed?
A) Stops grantor from asserting rights.
B) Remove clouds on title.
C) Conveyance of title interest.
D) Warranty of title.
5. Which of the following types of deeds provides the purchaser of real estate the greatest protection?
A) quitclaim deed
B) trustee's deed
C) general warranty deed
D) deed in trust
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: D | Question # 4 Answer: D | Question # 5 Answer: C |
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