2. When may a person who is licensed ONLY as an Insurance consultant in New York receive a commission from an insurer?

a. Upon providing advice to a prospective client

b. When the Insurer Issues a policy to the consultant's client

c. When the consultant collects and submits the applicant's premium for a new policy

d. Never under any circumstances

3. Under personal automobile expenses, the insurer pays personal expenses for

a. Medical or funeral services

b. Rental car reimbursement

c. Pain and suffering

d. Long- term disability care

4. Which of the following is NOT part of the common policy conditions under a businessowners policy (BOP)?

a. Vandalism

b. Cancellation

c. Policy Period

d. Premium payment

5. What is the purpose of an Insurance policy deductible?

a. To prevent the filing of small claims.

b. To ensure that a property owner obtains insurance on a property.

c. To ensure the Insurer is reimbursed for administrative costs.

d. To prevent a property owner from collecting more than 100% of the amount of a loss.