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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 parties can file a claim under the provisions of a title policy?

A) The holder of a judgment against the insured.
B) The holder of an undisclosed interest in the insured property.
C) The insured named under the policy.
D) The taxing authority with jurisdiction over the insured property.

2. Which of the following is NOT among the requirements for recording a document affecting title to property in Pennsylvania?

A) The executed title insurance policy must be sent to the state insurance department.
B) The signatures on the document must be acknowledged.
C) The stamp of the notary must be clear and legible and nothing may be written over it.
D) The addresses of grantees must be provided on a special form appended to the document.

3. Which of the following is NOT effective with a Quit Claim Deed?

A) Warranty of title.
B) Conveyance of title interest.
C) Remove clouds on title.
D) Stops grantor from asserting rights.

4. The MAIN purpose of an endorsement is to

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

5. The MAIN purpose of insurance is to

A) reduce risk.
B) retain risk.
C) alter risk.
D) transfer risk.

Solutions: