Real Estate > QUESTION PAPER & MARK SCHEME > State Farm 2023 Questions And Answers (All)
State Farm 2023 Questions And Answers
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StateFarm Property Terms Assuming the insurer and the insured agree to the amount payable for a loss covered under a dwelling policy, how soon after the insurer has received proof of loss must it m... ake payment? ANSWER- 60 Days The protective safeguards endorsement, how many hours does someone need to restore system before they must notify insurer? ANSWER- 48 Hours If a nonrenewal notice does not contain a reason for the renewal, how many days after the effective date of the renewal does the insured have to send a written request to the insurer for a reason? ANSWER- 15 Days Under the Dwelling policy form, what is the maximum time limit during which multiple volcanic activities would be considered part of one occurrence? ANSWER- 72 Hours Insurance producers licensed in another state who move to Tennessee may apply for a resident license, if they do so within how many days of obtaining legal residence? ANSWER- 90 Days A temporary license may be issued by the commissioner for a period NOT to exceed how many days? ANSWER- 180 Days To appoint a producer as its agent, the appointing insurer must file a notice of appointment with the commissioner within how many days from the date the agency [Show More]
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