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Insurance Licensing PA-Title-Insurance-Agent Exam Overview:
| Certification Vendor: | Pennsylvania Insurance Department |
| Exam Name: | Insurance-Licensing Pennsylvania Producers Examination for Title Insurance (Series 16-10) |
| Exam Number: | PA-Title-Insurance-Agent (Series 16-10) |
| Certificate Validity Period: | Typically 2 years (license renewal cycle) |
| Available Languages: | English |
| Exam Format: | Multiple Choice |
| Related Certifications: | Pennsylvania Insurance Producer License Title Insurance Producer License |
| Exam Duration: | 120-180 |
| Passing Score: | 70% |
| Exam Price: | $40–$150 (exam fee varies by provider) |
| Real Exam Qty: | 80-100 (varies) |
| Recommended Training: | Kaplan Insurance Licensing Training Pre-Licensing Insurance Courses (various providers) |
| Exam Registration: | PSI Exams Registration Portal Pennsylvania Insurance Licensing Information |
| Sample Questions: | Insurance Licensing PA-Title-Insurance-Agent Sample Questions |
| Exam Way: | Computer-based testing at approved testing centers (commonly PSI Services) |
| Pre Condition: | Must meet Pennsylvania Insurance Department licensing eligibility requirements; pre-licensing education may be required depending on applicant status. |
| Official Syllabus URL: | https://www.insurance.pa.gov |
Insurance Licensing PA-Title-Insurance-Agent Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Title Insurance Principles | - Title Insurance Policies
|
| Insurance Industry Overview | - Regulatory Framework
|
| Ethics and Professional Conduct | - Fiduciary Responsibilities
|
| Real Estate and Settlement Procedures | - Legal Concepts
|
Insurance Licensing Pennsylvania Producers Examination for Title Insurance Series 16-10 Sample Questions:
1. A deed to a lot in Greenacre is recorded. Two parties who are NOT married to each other are named as grantees. The deed does NOT mention any form of tenancy. How do the grantees hold title to the lot?
A) as tenants in common
B) as joint tenants
C) as tenants by the entireties
D) as tenants at sufferance
2. The MAIN purpose of insurance is to
A) transfer risk.
B) reduce risk.
C) retain risk.
D) alter risk.
3. An agent who collects money from an insured and holds it for payment to the insurer is
A) commingling funds.
B) wrongfully withholding funds.
C) acting in a fiduciary capacity.
D) providing coverage.
4. The term used in the Real Estate Settlement Procedure Act (RESPA), that describes a situation in which a person must use a particular provider for settlement services in order to have access to some distinct service or property, is known as
A) tied benefits.
B) anti-kickback.
C) bundled services.
D) required use.
5. Who of the following CANNOT be covered by a Closing Protection Letter?
A) Lender.
B) Purchaser/buyer.
C) Escrow agent.
D) Seller.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: C |
By Alexia
