Kansas property and casualty practice exam

1. How many continuing education hours must a Kansas producer with Property or Casualty authority complete in each biennium?

1. 18 hours, including 3 hours of ethics
2. 24 hours, including 3 hours of ethics
3. 20 hours, including 2 hours of ethics
4. 12 hours, with ethics at the producer's option

2. Of the 18 continuing education hours a Kansas Property and Casualty producer must complete each biennium, how many must be ethics?

1. 1 hour
2. 2 hours
3. 3 hours
4. 6 hours

3. A Kansas resident P&C producer who may sell flood insurance must complete a one-time National Flood Insurance Program course of at least:

1. 3 hours, counted toward the biennial requirement
2. 3 hours, in addition to the biennial requirement
3. 6 hours, counted toward the biennial requirement
4. 8 hours, in addition to the biennial requirement

4. In Kansas, who submits a producer's continuing education completion information to the Insurance Department?

1. The producer, with a paper certificate
2. The producer's employing agency, quarterly
3. The testing vendor, at license renewal
4. The course provider, electronically

5. A Kansas producer with the required continuing education credit may renew a license up to how many days before the biennial renewal date?

1. 90 days
2. 30 days
3. 60 days
4. 120 days

1. Under K.S.A. 40-3107, what are the minimum liability limits for a Kansas motor vehicle policy?

1. $25,000 per person, $50,000 per accident, $10,000 property damage
2. $30,000 per person, $60,000 per accident, $25,000 property damage
3. $25,000 per person, $50,000 per accident, $25,000 property damage
4. $20,000 per person, $40,000 per accident, $15,000 property damage

1. Kansas personal injury protection coverage must provide medical benefits with a limit of not less than:

1. $2,500
2. $4,500
3. $10,000
4. $25,000

2. Kansas PIP disability benefits cover lost monthly earnings up to a maximum of not less than what amount, for up to one year?

1. $500 per month
2. $1,500 per month
3. $2,500 per month
4. $900 per month

3. What is the Kansas PIP funeral benefit limit for an individual?

1. $2,000
2. $1,000
3. $5,000
4. $10,000

4. Kansas PIP substitution benefits, which pay for services an injured person can no longer perform, are payable at up to what rate and for how long?

1. $10 per day for not longer than 90 days
2. $50 per day for not longer than 180 days
3. $25 per day for not longer than 365 days
4. $100 per day for not longer than 30 days

1. Under K.A.R. 40-3-15, a fire and casualty policy that allows the insurer to cancel must call for written notice of cancellation at least how many days before it takes effect?

1. 10 days
2. 30 days
3. 15 days
4. 60 days

2. Which cancellation is outside the 30-day notice rule in K.A.R. 40-3-15?

1. A policy cancelled for a material change in the risk
2. A homeowners policy cancelled by the insurer mid-term
3. A commercial property policy cancelled by the insurer
4. A policy cancelled for nonpayment of premium

3. If a Kansas auto cancellation notice does not state the reason, the insurer must give the reason within how many days after receiving the insured's written request?

1. 10 days
2. 5 days
3. 20 days
4. 30 days

4. When a Kansas insurer cancels or nonrenews an auto liability policy for a reason other than nonpayment, what must the notice tell the insured?

1. The insured is barred from buying coverage for 12 months
2. Coverage may be available through the Kansas automobile insurance plan
3. The premium will be refunded at the full annual rate
4. The insured must carry a surety bond to drive

1. What is the policy term of every policy issued under the Kansas FAIR plan act?

1. Six months
2. Two years
3. Three years
4. One year

2. Under the Kansas FAIR plan act, within how many days of filing must the commissioner approve or disapprove a rate plan, before any extension?

1. 15 days
2. 30 days
3. 60 days
4. 90 days

1. The Kansas Insurance Guaranty Association pays covered claims up to what amount per claim, other than workers compensation?

1. $100,000
2. $300,000
3. $250,000
4. $500,000

2. What is the most a Kansas guaranty association assessment may be on a member insurer in a year?

1. 5 percent of surplus as of the preceding year
2. 1 percent of net direct premiums written that year
3. 10 percent of net direct written premiums for the preceding year
4. 2 percent of net direct written premiums for the preceding calendar year

1. Under K.S.A. 44-505, a Kansas employer is exempt from the Workers Compensation Act if its gross annual payroll for the preceding year was not more than:

1. $20,000 for all employees
2. $5,000 for all employees
3. $50,000 for all employees
4. $100,000 for all employees