Once in force for 60 days, a homeowners policy may be canceled for all the following reasons, except:

a. Violation of any local fire ordinances

b. The insurer's willingness to underwrite certain hazards changed

c. Nonpayment of premium

d. Material misrepresentation

Answer: b. The insurer's willingness to underwrite certain hazards changed

Arkansas State Law

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A domestic insurer issuing variable contracts must establish one or more
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A beneficiary change can occur
No existing agent's license will be revoked until
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Ambiguities in an insurance policy are always resolved in favor of the
In an insurance contract, the applicant's "consideration" is the
Agents may be found guilty of defamation if they make a false statement that is intended to?
How many pair of glasses in a 12-month period will a vision expense insurance plan cover?
The voluntary relinquishment of a legal right is called
What documentation grants express authority to an agent?
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All of the following statements are true regarding installments for a fixed amount EXCEPT
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Which nonforfeiture option provides coverage for the longest period of time?
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The authority granted to a licensed producer is provided via the
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The pro rata liability clause is designed to protect the principle of
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What is the benefit of choosing extended term as a nonforfeiture option?
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All of the following are elements of an insurance policy EXCEPT
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What is the other term for the cash payment settlement option?
What documentation grants express authority to an agent?

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