5. what type of insurance can be obtained through a surplus lines insurer?
A) coverage that is unavailable through authorized insurers
B) out-of-state coverage
C) commercial coverage
D) coverage that provides dividends
ANS coverage that is unavailable through autho-rized insurers
6. are unauthorized insurers.The permitted types of transactions areusually
limited to insurance that is difficult to place, or insurance that is not readily available
through an authorized insurer in the state.
ANS Excess/ or Surpluslines insurers
7. an insurer cannont cancel a HO policy if It has been in effect for days
or more except for the following reasons....( failure of insured to pay thepremium when
due, increase in hazard that is within control of the insured thatwould produce an increase
in the premium rate of policy, insured submits a fraudulent claim; or department
determines that the continuation of the policy
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