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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:

Question 1

Under the terms of a title insurance policy, when a disputed claim is decided by a neutral third party, the process is called

A. indemnification.
B. litigation.
C. arbitration.
D. subrogation.

Question 2

On what schedule of a title commitment would you find an easement that is proposed to be an exception from policy coverage?

A. B-I
B. B-II
C. A
D. C

Question 3

An agent who collects money from an insured and holds it for payment to the insurer is

A. commingling funds.
B. providing coverage.
C. wrongfully withholding funds.
D. acting in a fiduciary capacity.

Question 4

Which of the following can be licensed as a title insurance agent?

A. an approved attorney
B. an officer of a title company
C. a legal entity
D. an employee of a title company

Question 5

When insuring a mortgage where there are intervening liens that prevent the lender from holding first lien priority, such other liens may be

A. waived to the lien of the subject mortgage.
B. subordinated to the lien of the subject mortgage.
C. subrogated to the lien of the insured mortgage.
D. restricted to the lien of the subject mortgage.

Solutions: