Property & Casualty Tennessee State Licensing Exam

Moral Hazard

Aleatory

Principal

Performance Bond

45 days

1,000

1,000

10,000

30

14

30

2

5

1,000

100,000

25,000

15

30

30

90

24

12

10,000

100,000

90

36

90

30

10

60

60

25,000

60,000

3

55

3

10

20

30

5

$25

15 days

90

60

Parol Evidence Rule