A standard homeowners policy generally excludes which of the following perils, requiring the homeowner to purchase a separate policy or endorsement for coverage?
A. Flood
B. Fire
C. Windstorm
D. Theft
Source: General insurance product knowledge
Under Missouri law, which line of authority must a producer hold before selling, soliciting, or negotiating homeowners or auto insurance in the state?
A. Property and casualty
B. Life only
C. Accident and health only
D. No license is required for property and casualty products
Source: Mo. Rev. Stat. § 375.014
A Missouri resident property and casualty producer license must be renewed how often?
A. Every year
B. Every two years
C. Every five years
D. It never needs to be renewed
Source: Mo. Rev. Stat. § 375.016
A Missouri property and casualty producer must complete how many hours of continuing education every two-year license period, and how many of those hours must specifically be on ethics, Missouri law, and producer duties?
A. 16 total hours, including 3 hours of ethics/law
B. 6 total hours, including 0 hours of ethics/law
C. 40 total hours, including 10 hours of ethics/law
D. 16 total hours, with the ethics/law hours being optional
Source: Mo. Rev. Stat. § 375.020; 20 CSR 700-3.200
When an insurer terminates its appointment of a Missouri producer for one of the reasons listed in Mo. Rev. Stat. § 375.141, what must the insurer generally do within 30 days of the termination's effective date?
A. Notify the director of the reason for termination and update its register of appointed producers
B. Nothing; only the producer is required to report the termination
C. Immediately revoke the producer's license itself
D. Wait one full year before reporting the termination
Source: Mo. Rev. Stat. § 375.022
