OpenExamsFREE PRACTICE — ANY EXAM

Michigan Property & Casualty Insurance — Requirements & Free Practice

US-MI · License preparation

185 free questions · Answer explanations · No signup required

Choose what to practice

Start with an exam below. Your examination requirements depend on your application pathway. View licensing requirements

Combined practice

Choose an exam or combined practice to begin.

Licenses, application pathways and examination requirements

Each license and applicant pathway has its own requirements and exemptions. Choosing practice questions does not determine your eligibility.

Insurance Producer

Individual producer license with one or more property/casualty qualifications, including property, casualty, personal lines, limited lines, crop, and surety/fidelity. Qualifications are distinguished by route conditions because MCL 500.1206 permits one producer license to carry one or more qualifications.

Licensing authority: Michigan Department of Insurance and Financial Services · Application information

Managing general agent appointment of existing license
No examination is required for this applicant pathway.
Appointment
Hold insurer producer appointment before filing FIS 0242 for the MGA appointment; submit company/MGA agreement, and affiliate the individual with the agency if applicable.
Contract
The written insurer/MGA contract must meet MCL 500.1409; the director may require a bond and errors/omissions policy under MCL 500.1407.
Existing License
Hold the active producer license for the relevant property/casualty qualification.

Official no-examination sources

Effective from 2026-09-22.

  • Chapter14

    MCL 500.1405(1)

  • Mga

    Appointment procedure: existing individual or agency producer license

  • Mga

    Agency MGA uses existing producer licensure

Nonresident license continuation
No examination is required for this applicant pathway.
Education
Home-state CE satisfaction is accepted on reciprocal terms.
Home License
Home-state license remains active and in good standing.

Official no-examination sources

Effective from 2026-09-22.

Nonresident issuance by home state licensure
No examination is required for this applicant pathway.
Application
Submit the uniform or home-state licensing application and pay applicable fees; Michigan verifies status through the producer database.
Home License
Active resident license in good standing in the home state for the qualifications requested in Michigan.
Limited Authority
For a home-state limited-lines license, MCL 500.1206a(5) grants the same restricted authority.
Reciprocity
Home state grants Michigan residents nonresident licenses on the same basis.

Official no-examination sources

Effective from 2026-09-22.

Nonresident reinstatement
No examination is required for this applicant pathway.
Application
Submit the nonresident NIPR application and fee; DIFS verifies the resident license through the producer database.
Home License
Must be active in the home state and request only qualifications held there.
Reciprocity
Home-state reciprocity under MCL 500.1204e and 500.1206a applies.

Official no-examination sources

Effective from 2026-09-22.

Reinstatement after a non CE lapse within 12 months
No examination is required for this applicant pathway.
Window
Reinstate the same license within 12 months of a lapse for a reason other than failure to meet MCL 500.1204c requirements.

Official no-examination sources

Effective from 2026-09-22.

Relocation after surrender more than 90 days but less than 12 months ago — Casualty
Michigan Casualty Producer/Solicitor
Application
File the resident NIPR application and pay fees.
Education
DIFS grants the PE exclusion for this prior-license window; pass the Michigan examination.
Prior License Window
Former license surrendered more than 90 days but less than 12 months before application.
Requested Qualification
Casualty
Residence
Moved to Michigan and surrendered the former resident license.
Relocation after surrender more than 90 days but less than 12 months ago — Limited Lines Property and Casualty
Michigan Limited Lines Property and Casualty Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay fees.
Education
DIFS grants the PE exclusion for this prior-license window; pass the Michigan examination.
Prior License Window
Former license surrendered more than 90 days but less than 12 months before application.
Requested Qualification
Limited Lines Property and Casualty
Residence
Moved to Michigan and surrendered the former resident license.
Relocation after surrender more than 90 days but less than 12 months ago — Property and Casualty

At least one of the following alternatives:

  • Michigan Property and Casualty Producer/Solicitor (practice unavailable)

  • All of the following:

Application
File the resident NIPR application and pay fees.
Education
DIFS grants the PE exclusion for this prior-license window; pass the Michigan examination.
Prior License Window
Former license surrendered more than 90 days but less than 12 months before application.
Requested Qualification
Property and Casualty
Residence
Moved to Michigan and surrendered the former resident license.
Relocation after surrender more than 90 days but less than 12 months ago — Personal Lines
Michigan Personal Lines Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay fees.
Education
DIFS grants the PE exclusion for this prior-license window; pass the Michigan examination.
Prior License Window
Former license surrendered more than 90 days but less than 12 months before application.
Requested Qualification
Personal Lines
Residence
Moved to Michigan and surrendered the former resident license.
Relocation after surrender more than 90 days but less than 12 months ago — Property
Michigan Property Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay fees.
Education
DIFS grants the PE exclusion for this prior-license window; pass the Michigan examination.
Prior License Window
Former license surrendered more than 90 days but less than 12 months before application.
Requested Qualification
Property
Residence
Moved to Michigan and surrendered the former resident license.
Relocation after surrender more than 90 days but less than 12 months ago — Surety and Fidelity
Michigan Surety and Fidelity Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay fees.
Education
DIFS grants the PE exclusion for this prior-license window; pass the Michigan examination.
Prior License Window
Former license surrendered more than 90 days but less than 12 months before application.
Requested Qualification
Surety and Fidelity
Residence
Moved to Michigan and surrendered the former resident license.
Resident producer issuance for bail bond writing

At least one of the following alternatives:

  • Michigan Surety and Fidelity Producer/Solicitor (practice unavailable)
  • Michigan Limited Lines Property and Casualty Producer/Solicitor (practice unavailable)
  • Michigan Property and Casualty Producer/Solicitor (practice unavailable)
Activity
Write bail surety bonds through a surety and fidelity insurance company.
Appointment
Hold an insurance company appointment before acting as its agent.
Court Approval
Obtain and maintain each court jurisdiction’s financial-status and business-character approval; this is not a separately identified insurance licensing examination.
Matching Qualification
Apply for the producer license qualification matching the selected exam.
Resident CE suspension reactivation within 90 days
No examination is required for this applicant pathway.
Application
A new application is not required.
Education
Complete and report the required CE; the license becomes active when DIFS receives the credits.
Window
Within 90 days of the CE review date.

Official no-examination sources

Effective from 2026-09-22.

Resident CE reinstatement after 90 days and within one year
No examination is required for this applicant pathway.
Application
Submit a resident NIPR application and fees within 12 months.
Education
Complete the required CE and have the provider report it to DIFS.
Window
More than 90 days but no later than one year after the CE review date.

Official no-examination sources

Effective from 2026-09-22.

Resident license continuation
No examination is required for this applicant pathway.
Education
24 hours of continuing education every two years including at least three ethics hours, unless an applicable exemption or approved waiver applies. Limited Lines Property and Casualty and Turkey/Crop/Hail are expressly exempt from CE.
Status
License remains active unless suspended or revoked; no periodic licensing examination or annual renewal application is required by the continuation provisions.

Official no-examination sources

Effective from 2026-09-22.

Resident issuance based on current or recently cancelled equivalent licensure
No examination is required for this applicant pathway.
License Window
Currently licensed there, or Michigan receives the application within 90 days of cancellation and the prior authority or producer database confirms good standing.
Previous Qualifications
Previously licensed in another state for the same requested qualifications.
Relocation
A producer moving to Michigan applies within 90 days after establishing residence, surrenders the former resident license, and files a resident NIPR application.

Official no-examination sources

Effective from 2026-09-22.

Resident initial issuance — Casualty
Michigan Casualty Producer/Solicitor
Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
20 hours of casualty study
Requested Qualification
Casualty
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.
Resident initial issuance — Limited Lines Property and Casualty
Michigan Limited Lines Property and Casualty Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Continuing Education
DIFS expressly exempts Limited Lines Property and Casualty from continuing education.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
No prelicensing education required for the limited-lines examination
Requested Qualification
Limited Lines Property and Casualty
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.
Resident initial issuance — Property and Casualty

At least one of the following alternatives:

  • Michigan Property and Casualty Producer/Solicitor (practice unavailable)

  • All of the following:

Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
40 hours of combined property/casualty study
Requested Qualification
Property and Casualty
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.
Resident initial issuance — Personal Lines
Michigan Personal Lines Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
20 hours of personal-lines study
Requested Qualification
Personal Lines
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.
Resident initial issuance — Property
Michigan Property Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
20 hours of property study
Requested Qualification
Property
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.
Resident initial issuance — Surety and Fidelity
Michigan Surety and Fidelity Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
PSI lists Series 16-86 among examinations not requiring prelicensing education
Requested Qualification
Surety and Fidelity
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.
Resident restoration or relicensure after more than one year — Casualty
Michigan Casualty Producer/Solicitor
Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
License Window
More than one year without satisfying CE, or prior resident license surrendered more than 12 months ago; restart the initial resident licensing process.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
20 hours of casualty study
Requested Qualification
Casualty
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.
Resident restoration or relicensure after more than one year — Limited Lines Property and Casualty
Michigan Limited Lines Property and Casualty Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
License Window
More than one year without satisfying CE, or prior resident license surrendered more than 12 months ago; restart the initial resident licensing process.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
No prelicensing education required for the limited-lines examination
Requested Qualification
Limited Lines Property and Casualty
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.
Resident restoration or relicensure after more than one year — Property and Casualty

At least one of the following alternatives:

  • Michigan Property and Casualty Producer/Solicitor (practice unavailable)

  • All of the following:

Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
License Window
More than one year without satisfying CE, or prior resident license surrendered more than 12 months ago; restart the initial resident licensing process.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
40 hours of combined property/casualty study
Requested Qualification
Property and Casualty
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.
Resident restoration or relicensure after more than one year — Personal Lines
Michigan Personal Lines Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
License Window
More than one year without satisfying CE, or prior resident license surrendered more than 12 months ago; restart the initial resident licensing process.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
20 hours of personal-lines study
Requested Qualification
Personal Lines
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.
Resident restoration or relicensure after more than one year — Property
Michigan Property Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
License Window
More than one year without satisfying CE, or prior resident license surrendered more than 12 months ago; restart the initial resident licensing process.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
20 hours of property study
Requested Qualification
Property
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.
Resident restoration or relicensure after more than one year — Surety and Fidelity
Michigan Surety and Fidelity Producer/Solicitor (practice unavailable)
Application
File the resident NIPR application and pay the applicable fees; DIFS applications are valid for 180 days.
Background
No disqualifying acts under MCL 500.1239; submit truthful complete application and supporting background disclosures.
Education Waiver
DIFS implements PE waivers for AAI, ARM, CIC or CPCU, or qualifying college insurance coursework: 21 term credits or 17 semester hours concentrated in risk management, property or casualty. Request and receive the written PE waiver before scheduling; the DIFS PE waiver does not itself waive the licensing examination.
License Window
More than one year without satisfying CE, or prior resident license surrendered more than 12 months ago; restart the initial resident licensing process.
Minimum Age
At least 18 years old under MCL 500.1205(1)(a).
Prelicensing Education
PSI lists Series 16-86 among examinations not requiring prelicensing education
Requested Qualification
Surety and Fidelity
Score Window
PSI states that passing licensing examination results are valid for 12 months from the pass date.
Waiver Discretion
MCL 500.1204(2) permits examination or study waivers for designated limited licenses, producers licensed in the preceding 12 months, listed professional designations, or approved insurance degrees. A waiver is applicant-specific.

Solicitor

Sponsored individual solicitor license for property/casualty qualifications, including restricted personal, limited, crop, and surety/fidelity qualifications. The license specifies its permitted lines; the solicitor cannot bind coverage.

Licensing authority: Michigan Department of Insurance and Financial Services · Application information

Nonresident issuance using equivalent prior examination evidence
No examination is required for this applicant pathway.
Application
File the nonresident NIPR application and pay applicable fees.
Examination Evidence
The resident licensing jurisdiction required an examination, or provide proof of an equivalent examination from a jurisdiction where currently licensed. Such another-state examinations remain conditions.
Home License
Licensed for the requested qualifications where the principal residence or business is maintained, if that jurisdiction licenses solicitors.
Sponsorship
Written appointment and contract with a Michigan resident producer or agency; do not bind coverage.

Official no-examination sources

Effective from 2026-09-22.

Nonresident issuance with Michigan examination — Casualty
Michigan Casualty Producer/Solicitor
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Equivalent Exam
DIFS requires an examination-licensing state license; if the resident state did not require an exam, take the Michigan exam or prove an equivalent exam from a state where currently licensed. An examination owned by another state is a condition, never a Michigan requirement leaf.
Home License
Hold the requested qualifications where the principal residence or business is maintained, if the home state licenses solicitors.
Prelicensing Education
DIFS directs applicants needing the Michigan exam to the resident examination requirements.
Requested Qualification
Casualty
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Nonresident issuance with Michigan examination — Limited Lines Property and Casualty
Michigan Limited Lines Property and Casualty Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Equivalent Exam
DIFS requires an examination-licensing state license; if the resident state did not require an exam, take the Michigan exam or prove an equivalent exam from a state where currently licensed. An examination owned by another state is a condition, never a Michigan requirement leaf.
Home License
Hold the requested qualifications where the principal residence or business is maintained, if the home state licenses solicitors.
Prelicensing Education
DIFS directs applicants needing the Michigan exam to the resident examination requirements.
Requested Qualification
Limited Lines Property and Casualty
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Nonresident issuance with Michigan examination — Property and Casualty

At least one of the following alternatives:

  • Michigan Property and Casualty Producer/Solicitor (practice unavailable)

  • All of the following:

Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Equivalent Exam
DIFS requires an examination-licensing state license; if the resident state did not require an exam, take the Michigan exam or prove an equivalent exam from a state where currently licensed. An examination owned by another state is a condition, never a Michigan requirement leaf.
Home License
Hold the requested qualifications where the principal residence or business is maintained, if the home state licenses solicitors.
Prelicensing Education
DIFS directs applicants needing the Michigan exam to the resident examination requirements.
Requested Qualification
Property and Casualty
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Nonresident issuance with Michigan examination — Personal Lines
Michigan Personal Lines Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Equivalent Exam
DIFS requires an examination-licensing state license; if the resident state did not require an exam, take the Michigan exam or prove an equivalent exam from a state where currently licensed. An examination owned by another state is a condition, never a Michigan requirement leaf.
Home License
Hold the requested qualifications where the principal residence or business is maintained, if the home state licenses solicitors.
Prelicensing Education
DIFS directs applicants needing the Michigan exam to the resident examination requirements.
Requested Qualification
Personal Lines
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Nonresident issuance with Michigan examination — Property
Michigan Property Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Equivalent Exam
DIFS requires an examination-licensing state license; if the resident state did not require an exam, take the Michigan exam or prove an equivalent exam from a state where currently licensed. An examination owned by another state is a condition, never a Michigan requirement leaf.
Home License
Hold the requested qualifications where the principal residence or business is maintained, if the home state licenses solicitors.
Prelicensing Education
DIFS directs applicants needing the Michigan exam to the resident examination requirements.
Requested Qualification
Property
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Nonresident issuance with Michigan examination — Surety and Fidelity
Michigan Surety and Fidelity Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Equivalent Exam
DIFS requires an examination-licensing state license; if the resident state did not require an exam, take the Michigan exam or prove an equivalent exam from a state where currently licensed. An examination owned by another state is a condition, never a Michigan requirement leaf.
Home License
Hold the requested qualifications where the principal residence or business is maintained, if the home state licenses solicitors.
Prelicensing Education
DIFS directs applicants needing the Michigan exam to the resident examination requirements.
Requested Qualification
Surety and Fidelity
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Nonresident reinstatement, inactive less than 12 months
No examination is required for this applicant pathway.
Application
Submit the nonresident NIPR application and restore sponsorship.
Home License
Hold the requested qualifications where principal residence or business is maintained, if that jurisdiction licenses solicitors.
Window
Inactive less than 12 months; request the same authority.

Official no-examination sources

Effective from 2026-09-22.

Nonresident restoration after 12 months using equivalent prior examination evidence
No examination is required for this applicant pathway.
Prior Examination
Hold a license issued on an examination requirement, or prove an equivalent examination in a jurisdiction where currently licensed.
Sponsorship
Restore the written sponsor appointment and contract; pay the nonresident application fees.
Window
Inactive more than 12 months; use the initial nonresident solicitor application process.

Official no-examination sources

Effective from 2026-09-22.

Nonresident restoration after 12 months requiring a Michigan examination — Casualty
Michigan Casualty Producer/Solicitor
Application
Submit nonresident NIPR application and fees.
Equivalent Evidence
Take the Michigan examination if not licensed on a qualifying examination requirement and no equivalent another-state examination proof is supplied; another-state examination proof is an applicant condition.
Requested Qualification
Casualty
Sponsorship
Restore sponsor appointment and contract.
Window
Inactive more than 12 months; follow initial nonresident licensure.
Nonresident restoration after 12 months requiring a Michigan examination — Limited Lines Property and Casualty
Michigan Limited Lines Property and Casualty Producer/Solicitor (practice unavailable)
Application
Submit nonresident NIPR application and fees.
Equivalent Evidence
Take the Michigan examination if not licensed on a qualifying examination requirement and no equivalent another-state examination proof is supplied; another-state examination proof is an applicant condition.
Requested Qualification
Limited Lines Property and Casualty
Sponsorship
Restore sponsor appointment and contract.
Window
Inactive more than 12 months; follow initial nonresident licensure.
Nonresident restoration after 12 months requiring a Michigan examination — Property and Casualty

At least one of the following alternatives:

  • Michigan Property and Casualty Producer/Solicitor (practice unavailable)

  • All of the following:

Application
Submit nonresident NIPR application and fees.
Equivalent Evidence
Take the Michigan examination if not licensed on a qualifying examination requirement and no equivalent another-state examination proof is supplied; another-state examination proof is an applicant condition.
Requested Qualification
Property and Casualty
Sponsorship
Restore sponsor appointment and contract.
Window
Inactive more than 12 months; follow initial nonresident licensure.
Nonresident restoration after 12 months requiring a Michigan examination — Personal Lines
Michigan Personal Lines Producer/Solicitor (practice unavailable)
Application
Submit nonresident NIPR application and fees.
Equivalent Evidence
Take the Michigan examination if not licensed on a qualifying examination requirement and no equivalent another-state examination proof is supplied; another-state examination proof is an applicant condition.
Requested Qualification
Personal Lines
Sponsorship
Restore sponsor appointment and contract.
Window
Inactive more than 12 months; follow initial nonresident licensure.
Nonresident restoration after 12 months requiring a Michigan examination — Property
Michigan Property Producer/Solicitor (practice unavailable)
Application
Submit nonresident NIPR application and fees.
Equivalent Evidence
Take the Michigan examination if not licensed on a qualifying examination requirement and no equivalent another-state examination proof is supplied; another-state examination proof is an applicant condition.
Requested Qualification
Property
Sponsorship
Restore sponsor appointment and contract.
Window
Inactive more than 12 months; follow initial nonresident licensure.
Nonresident restoration after 12 months requiring a Michigan examination — Surety and Fidelity
Michigan Surety and Fidelity Producer/Solicitor (practice unavailable)
Application
Submit nonresident NIPR application and fees.
Equivalent Evidence
Take the Michigan examination if not licensed on a qualifying examination requirement and no equivalent another-state examination proof is supplied; another-state examination proof is an applicant condition.
Requested Qualification
Surety and Fidelity
Sponsorship
Restore sponsor appointment and contract.
Window
Inactive more than 12 months; follow initial nonresident licensure.
Resident or nonresident annual renewal
No examination is required for this applicant pathway.
Education
Resident solicitor CE applies unless the qualification is exempt; maintain sponsorship.
Reexamination Discretion
MCL 500.1214(8) allows the director to reexamine a licensed solicitor on written notice with stated reasons; it names no identifiable additional examination and is a condition.
Renewal
Pay the $10 annual renewal fee before March 31 through DIFS Licensing Express Renewal.

Official no-examination sources

Effective from 2026-09-22.

Resident CE reactivation within 90 days
No examination is required for this applicant pathway.
Education
Complete the CE; the provider reports credits and DIFS reactivates the license without a new application.
Window
Inactive less than 90 days.

Official no-examination sources

Effective from 2026-09-22.

Resident CE reinstatement after 90 days and before 12 months
No examination is required for this applicant pathway.
Application
Submit the resident NIPR application and restore sponsorship.
Education
Complete all CE and have the provider report credits.
Window
Inactive more than 90 days and less than 12 months.

Official no-examination sources

Effective from 2026-09-22.

Resident initial issuance — Casualty
Michigan Casualty Producer/Solicitor
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Prelicensing Education
20 hours of casualty study
Requested Qualification
Casualty
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Resident initial issuance — Limited Lines Property and Casualty
Michigan Limited Lines Property and Casualty Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Continuing Education
DIFS expressly exempts Limited Lines Property and Casualty from continuing education.
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Prelicensing Education
No prelicensing education required for the limited-lines examination
Requested Qualification
Limited Lines Property and Casualty
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Resident initial issuance — Property and Casualty

At least one of the following alternatives:

  • Michigan Property and Casualty Producer/Solicitor (practice unavailable)

  • All of the following:

Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Prelicensing Education
40 hours of combined property/casualty study
Requested Qualification
Property and Casualty
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Resident initial issuance — Personal Lines
Michigan Personal Lines Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Prelicensing Education
20 hours of personal-lines study
Requested Qualification
Personal Lines
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Resident initial issuance — Property
Michigan Property Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Prelicensing Education
20 hours of property study
Requested Qualification
Property
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Resident initial issuance — Surety and Fidelity
Michigan Surety and Fidelity Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
Prelicensing Education
PSI lists Series 16-86 among examinations not requiring prelicensing education
Requested Qualification
Surety and Fidelity
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Resident reinstatement after unpaid renewal fee or surrender, less than 12 months
No examination is required for this applicant pathway.
Application
Submit the resident NIPR application, pay fees and maintain sponsor.
Window
Inactive less than 12 months after nonpayment of renewal fee or surrender; request the same authority.

Official no-examination sources

Effective from 2026-09-22.

Resident reinstatement after more than 12 months inactive — Casualty
Michigan Casualty Producer/Solicitor
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
License Window
Inactive for more than 12 months; DIFS requires the initial solicitor licensing process.
Prelicensing Education
20 hours of casualty study
Requested Qualification
Casualty
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Resident reinstatement after more than 12 months inactive — Limited Lines Property and Casualty
Michigan Limited Lines Property and Casualty Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
License Window
Inactive for more than 12 months; DIFS requires the initial solicitor licensing process.
Prelicensing Education
No prelicensing education required for the limited-lines examination
Requested Qualification
Limited Lines Property and Casualty
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Resident reinstatement after more than 12 months inactive — Property and Casualty

At least one of the following alternatives:

  • Michigan Property and Casualty Producer/Solicitor (practice unavailable)

  • All of the following:

Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
License Window
Inactive for more than 12 months; DIFS requires the initial solicitor licensing process.
Prelicensing Education
40 hours of combined property/casualty study
Requested Qualification
Property and Casualty
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Resident reinstatement after more than 12 months inactive — Personal Lines
Michigan Personal Lines Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
License Window
Inactive for more than 12 months; DIFS requires the initial solicitor licensing process.
Prelicensing Education
20 hours of personal-lines study
Requested Qualification
Personal Lines
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Resident reinstatement after more than 12 months inactive — Property
Michigan Property Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
License Window
Inactive for more than 12 months; DIFS requires the initial solicitor licensing process.
Prelicensing Education
20 hours of property study
Requested Qualification
Property
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.
Resident reinstatement after more than 12 months inactive — Surety and Fidelity
Michigan Surety and Fidelity Producer/Solicitor (practice unavailable)
Application
File the NIPR application, pay applicable fees and complete the licensing examination within the application’s six-month period.
Character
Reasonable understanding of the insurance and Michigan insurance law, good faith intent, honesty, trustworthiness, good business reputation and good moral character under MCL 500.1214(3).
Education Timing
MCL 500.1214(2) requires the study course to have been completed not more than six months before the application; the PSI bulletin generally states 12-month PE certificate validity. The statute controls this solicitor timing condition.
License Window
Inactive for more than 12 months; DIFS requires the initial solicitor licensing process.
Prelicensing Education
PSI lists Series 16-86 among examinations not requiring prelicensing education
Requested Qualification
Surety and Fidelity
Sponsorship
Written contract and notice of appointment from a licensed resident producer or agency; only one active sponsor at a time; solicitor cannot bind coverage.
Waiver Discretion
MCL 500.1214(2) permits examination or study waivers for a designated limited-lines applicant or a person licensed as producer or solicitor during the preceding 12 months.

Michigan Limited Lines Property and Casualty Producer/Solicitor

Provider
PSI Services LLC
Format
Computer-administered written examination at a PSI test center
Exam questions
50 scored items; PSI may add unscored experimental items
Time limit
1 hour
Passing score
75% (38 correct answers out of 50)
Examination outline
  • Insurance Regulation 18% (9 items) (18%)
    • Company Regulation
    • Company Regulation / Producer Appointment (500.1208a, .1208b, .1209, .1411)
    • Company Regulation / Termination of Appointment (500.1208b, .1209)
    • Producer Regulation
    • Producer Regulation / Duties (500.1201a, .1202)
    • Producer Regulation / Commissions (500.1240, .2011)
    • Producer Regulation / Types of Licensees (500.1206)
    • Producer Regulation / Types of Licensees (500.1206) / Producer (500.240, 500.1201, .1201a, .1204, .1205, .1206, .1206b, .1240)
    • Producer Regulation / Types of Licensees (500.1206) / Counselor (500.1232, .1234, .1236)
    • Producer Regulation / Types of Licensees (500.1206) / Business Entity (500.1201, .1205)
    • Producer Regulation / Maintenance and Duration
    • Producer Regulation / Maintenance and Duration / Change of Name and Address (500.1206(5), .1238(1))
    • Producer Regulation / Maintenance and Duration / Reporting of Actions (500.1208b, .1239, .1244, .1246, .1247)
    • Producer Regulation / Maintenance and Duration / Assumed Names (500.1211a)
    • Producer Regulation / Maintenance and Duration / Continuing Education Requirements (500.1204, .1204c, .1204f, .1206)
    • Producer Regulation / Disciplinary Actions
    • Producer Regulation / Disciplinary Actions / Cease and Desist Order (500.1244, .2038)
    • Producer Regulation / Disciplinary Actions / Suspension, Revocation, Refusal to Issue or Renew (500.1200, .1209, .1239, .1244, .1379, .2029, .2043)
    • Producer Regulation / Disciplinary Actions / Penalties and Fines (500.1242, .1244, .1379, .2038, .2040, .2064, .2069)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Misrepresentation (500.2005, .2005a, .2055, .2057, .2064, .2218)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / False Information and Advertising (500.2001, .2002, .2005, .2005a, .2007, .2055, .2057, .2064)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Inducement (500.2005(f), .2024, .2064(2), .2066, .2069, .2070)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / False Statement (500.1015, .2014, .2018, .2055, .2062, .2474, .2666)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Deception (500.2007, .2009; 600.2911)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Boycott, Coercion, and Intimidation (500.1242, .2012)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Unfair Discrimination (500.2019, .2020, .2027, .2082)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Rebating (500.2024b, .2066, .2069, .2070)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Fiduciary Responsibilities (500.1207)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Forgery (500.1239)
    • Insurance Fraud Regulation (500.2088, .4501, .4503, .4507, .4511, 752.1005)
    • Consumer Privacy Regulation (500.501, .503, .505, .507, .513, .515, .533, .535, .2005a, .4501, .4507, .4509; R500.551-.560)
  • General Insurance 26% (13 items) (26%)
    • Concepts
    • Concepts / Risk Management Key Terms
    • Concepts / Risk Management Key Terms / Risk
    • Concepts / Risk Management Key Terms / Exposure
    • Concepts / Risk Management Key Terms / Hazard
    • Concepts / Risk Management Key Terms / Peril
    • Concepts / Risk Management Key Terms / Loss
    • Concepts / Methods of Handling Risk
    • Concepts / Methods of Handling Risk / Avoidance
    • Concepts / Methods of Handling Risk / Retention
    • Concepts / Methods of Handling Risk / Sharing
    • Concepts / Methods of Handling Risk / Reduction
    • Concepts / Methods of Handling Risk / Transfer
    • Concepts / Elements of Insurable Risks
    • Concepts / Adverse Selection
    • Concepts / Law of Large Numbers
    • Concepts / Reinsurance
    • Insurers
    • Insurers / Types of Insurers
    • Insurers / Types of Insurers / Stock Companies
    • Insurers / Types of Insurers / Mutual Companies
    • Insurers / Financial Status (Independent Rating Services)
    • Insurers / Distribution Systems
    • Producers and General Rules of Agency
    • Producers and General Rules of Agency / Producer/Insurer Relationship
    • Producers and General Rules of Agency / Authority and Powers of Producers
    • Producers and General Rules of Agency / Authority and Powers of Producers / Express
    • Producers and General Rules of Agency / Authority and Powers of Producers / Implied
    • Producers and General Rules of Agency / Authority and Powers of Producers / Apparent
    • Producers and General Rules of Agency / Responsibilities to the Applicant/Insured
    • Contracts
    • Contracts / Elements of a Legal Contract
    • Contracts / Elements of a Legal Contract / Offer and Acceptance
    • Contracts / Elements of a Legal Contract / Consideration
    • Contracts / Elements of a Legal Contract / Competent Parties
    • Contracts / Elements of a Legal Contract / Legal Purpose
    • Contracts / Distinct Characteristics of an Insurance Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion
    • Contracts / Distinct Characteristics of an Insurance Contract / Aleatory Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Personal Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Unilateral Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Conditional Contract
    • Contracts / Legal Interpretations affecting Contracts
    • Contracts / Legal Interpretations affecting Contracts / Ambiguities in a Contract of Adhesion
    • Contracts / Legal Interpretations affecting Contracts / Reasonable Expectations
    • Contracts / Legal Interpretations affecting Contracts / Indemnity
    • Contracts / Legal Interpretations affecting Contracts / Utmost Good Faith
    • Contracts / Legal Interpretations affecting Contracts / Representations/Misrepresentations
    • Contracts / Legal Interpretations affecting Contracts / Warranties
    • Contracts / Legal Interpretations affecting Contracts / Concealment
    • Contracts / Legal Interpretations affecting Contracts / Fraud
    • Contracts / Legal Interpretations affecting Contracts / Waiver and Estoppel
  • Property and Casualty Insurance Basics 50% (25 items) (50%)
    • Principles and Concepts
    • Principles and Concepts / Insurable Interest
    • Principles and Concepts / Underwriting
    • Principles and Concepts / Underwriting / Function
    • Principles and Concepts / Underwriting / Loss Ratio
    • Principles and Concepts / Hazards
    • Principles and Concepts / Hazards / Physical
    • Principles and Concepts / Hazards / Moral
    • Principles and Concepts / Hazards / Morale
    • Principles and Concepts / Negligence
    • Principles and Concepts / Negligence / Elements of a Negligent Act
    • Principles and Concepts / Negligence / Defenses Against Negligence
    • Principles and Concepts / Damages
    • Principles and Concepts / Damages / Compensatory - Special versus General
    • Principles and Concepts / Damages / Punitive
    • Principles and Concepts / Absolute Liability
    • Principles and Concepts / Strict Liability
    • Principles and Concepts / Vicarious Liability
    • Principles and Concepts / Causes of Loss (Perils)
    • Principles and Concepts / Named Perils versus Special (Open) Perils
    • Principles and Concepts / Direct Loss
    • Principles and Concepts / Consequential or Indirect Loss
    • Principles and Concepts / Blanket versus Specific Insurance
    • Principles and Concepts / Basic Types of Construction
    • Principles and Concepts / Loss Valuation
    • Principles and Concepts / Loss Valuation / Actual Cash Value
    • Principles and Concepts / Loss Valuation / Replacement Cost
    • Principles and Concepts / Loss Valuation / Functional Replacement Cost
    • Principles and Concepts / Loss Valuation / Agreed Value
    • Principles and Concepts / Loss Valuation / Stated Amount
    • Policy Structure
    • Policy Structure / Declarations
    • Policy Structure / Definitions
    • Policy Structure / Insuring Agreement or Clause
    • Policy Structure / Additional/Supplementary Coverage
    • Policy Structure / Conditions
    • Policy Structure / Exclusions
    • Policy Structure / Endorsements
    • Common Policy Provisions
    • Common Policy Provisions / Insureds - Named, First Named, Additional
    • Common Policy Provisions / Policy Period
    • Common Policy Provisions / Policy Territory
    • Common Policy Provisions / Cancellation and Nonrenewal
    • Common Policy Provisions / Deductibles
    • Common Policy Provisions / Other Insurance
    • Common Policy Provisions / Other Insurance / Nonconcurrency
    • Common Policy Provisions / Other Insurance / Primary and Excess
    • Common Policy Provisions / Other Insurance / Pro Rata
    • Common Policy Provisions / Other Insurance / Contribution by Equal Shares
    • Common Policy Provisions / Limits of Liability
    • Common Policy Provisions / Limits of Liability / Per Occurrence (Accident)
    • Common Policy Provisions / Limits of Liability / Per Person
    • Common Policy Provisions / Limits of Liability / Split
    • Common Policy Provisions / Limits of Liability / Combined Single
    • Common Policy Provisions / Limits of Liability / Aggregate - General versus Products - Completed Operations
    • Common Policy Provisions / Property Limits
    • Common Policy Provisions / Restoration/Nonreduction of Limits
    • Common Policy Provisions / Vacancy or Unoccupancy
    • Common Policy Provisions / Coinsurance
    • Common Policy Provisions / Named Insured Provisions
    • Common Policy Provisions / Named Insured Provisions / Duties after Loss
    • Common Policy Provisions / Named Insured Provisions / Assignment
    • Common Policy Provisions / Named Insured Provisions / Abandonment
    • Common Policy Provisions / Insurer Provisions
    • Common Policy Provisions / Insurer Provisions / Liberalization
    • Common Policy Provisions / Insurer Provisions / Subrogation
    • Common Policy Provisions / Insurer Provisions / Salvage
    • Common Policy Provisions / Insurer Provisions / Claim Settlement Options
    • Common Policy Provisions / Insurer Provisions / Duty to Defend
    • Common Policy Provisions / Third-Party Provisions
    • Common Policy Provisions / Third-Party Provisions / Standard Mortgage Clause
    • Common Policy Provisions / Third-Party Provisions / Loss Payable Clause
    • Common Policy Provisions / Indemnification Provisions
    • Role of Applications and Binders in Insurance Transactions
    • Insurance Claims Handling
    • Michigan Laws, Regulations, and Required Provisions
    • Michigan Laws, Regulations, and Required Provisions / Michigan Property and Casualty Guaranty Association (500.7901-.7949)
    • Michigan Laws, Regulations, and Required Provisions / Mandatory Fire Policy Provisions (500.2833)
    • Michigan Laws, Regulations, and Required Provisions / Cancellation and Nonrenewal (500.2123, .3020)
    • Michigan Laws, Regulations, and Required Provisions / Appraisal (500.2833)
    • Michigan Laws, Regulations, and Required Provisions / Termination of Authority to Represent Insurer (500.1209)
    • Essential Insurance Act (500.2101-.2131)
  • Other Coverages and Options 6% (3 items) (6%)
    • Surplus Lines
    • Surplus Lines / Definitions and Markets
    • Surplus Lines / Licensing Requirements
    • Professional Liability
Examination sources

Michigan Property and Casualty Producer/Solicitor

Provider
PSI Services LLC
Format
Computer-administered written examination at a PSI test center
Exam questions
150 scored items; PSI may add unscored experimental items
Time limit
2.5 hours
Passing score
74% (111 correct answers out of 150)
Examination outline
  • Insurance Regulation 10% (15 items) (10%)
    • Company Regulation
    • Company Regulation / Producer Appointment (500.1208a, .1208b, .1209, .1411)
    • Company Regulation / Termination of Appointment (500.1208b, .1209)
    • Producer Regulation
    • Producer Regulation / Duties (500.1201a, .1202)
    • Producer Regulation / Commissions (500.1240, .2011)
    • Producer Regulation / Types of Licensees (500.1206)
    • Producer Regulation / Types of Licensees (500.1206) / Producer (500.240, 500.1201, .1201a, .1204, .1205, .1206, .1206b, .1240)
    • Producer Regulation / Types of Licensees (500.1206) / Counselor (500.1232, .1234, .1236)
    • Producer Regulation / Types of Licensees (500.1206) / Business Entity (500.1201, .1205)
    • Producer Regulation / Maintenance and Duration
    • Producer Regulation / Maintenance and Duration / Change of Name and Address (500.1206(5), .1238(1))
    • Producer Regulation / Maintenance and Duration / Reporting of Actions (500.1208b, .1239, .1244, .1246, .1247)
    • Producer Regulation / Maintenance and Duration / Assumed Names (500.1211a)
    • Producer Regulation / Maintenance and Duration / Continuing Education Requirements (500.1204, .1204c, .1204f, .1206)
    • Producer Regulation / Disciplinary Actions
    • Producer Regulation / Disciplinary Actions / Cease and Desist Order (500.1244, .2038)
    • Producer Regulation / Disciplinary Actions / Suspension, Revocation, Refusal to Issue or Renew (500.1200, .1209, .1239, .1244, .1379, .2029, .2043)
    • Producer Regulation / Disciplinary Actions / Penalties and Fines (500.1242, .1244, .1379, .2038, .2040, .2064, .2069)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Misrepresentation (500.2005, .2005a, .2055, .2057, .2064, .2218)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / False Information and Advertising (500.2001, .2002, .2005, .2005a, .2007, .2055, .2057, .2064)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Inducement (500.2005(f), .2024, .2064(2), .2066, .2069, .2070)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / False Statement (500.1015, .2014, .2018, .2055, .2062, .2474, .2666)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Deception (500.2007, .2009; 600.2911)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Boycott, Coercion, and Intimidation (500.1242, .2012)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Unfair Discrimination (500.2019, .2020, .2027, .2082)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Rebating (500.2024b, .2066, .2069, .2070)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Fiduciary Responsibilities (500.1207)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Forgery (500.1239)
    • Insurance Fraud Regulation (500.2088, .4501, .4503, .4507, .4511; 752.1005)
    • Consumer Privacy Regulation (500.501, .503, .505, .507, .513, .515, .533, .535, .2005a, .4501, .4507, .4509; R500.551-.560)
  • General Insurance 10.5% (16 items) (10.5%)
    • Concepts
    • Concepts / Risk Management Key Terms
    • Concepts / Risk Management Key Terms / Risk
    • Concepts / Risk Management Key Terms / Exposure
    • Concepts / Risk Management Key Terms / Hazard
    • Concepts / Risk Management Key Terms / Peril
    • Concepts / Risk Management Key Terms / Loss
    • Concepts / Methods of Handling Risk
    • Concepts / Methods of Handling Risk / Avoidance
    • Concepts / Methods of Handling Risk / Retention
    • Concepts / Methods of Handling Risk / Sharing
    • Concepts / Methods of Handling Risk / Reduction
    • Concepts / Methods of Handling Risk / Transfer
    • Concepts / Elements of Insurable Risks
    • Concepts / Adverse Selection
    • Concepts / Law of Large Numbers
    • Concepts / Reinsurance
    • Insurers
    • Insurers / Types of Insurers
    • Insurers / Types of Insurers / Stock Companies
    • Insurers / Types of Insurers / Mutual Companies
    • Insurers / Financial Status (Independent Rating Services)
    • Insurers / Distribution Systems
    • Producers and General Rules of Agency
    • Producers and General Rules of Agency / Producer/Insurer Relationship
    • Producers and General Rules of Agency / Authority and Powers of Producers
    • Producers and General Rules of Agency / Authority and Powers of Producers / Express
    • Producers and General Rules of Agency / Authority and Powers of Producers / Implied
    • Producers and General Rules of Agency / Authority and Powers of Producers / Apparent
    • Producers and General Rules of Agency / Responsibilities to the Applicant/Insured
    • Contracts
    • Contracts / Elements of a Legal Contract
    • Contracts / Elements of a Legal Contract / Offer and Acceptance
    • Contracts / Elements of a Legal Contract / Consideration
    • Contracts / Elements of a Legal Contract / Competent Parties
    • Contracts / Elements of a Legal Contract / Legal Purpose
    • Contracts / Distinct Characteristics of an Insurance Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion
    • Contracts / Distinct Characteristics of an Insurance Contract / Aleatory Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Personal Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Unilateral Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Conditional Contract
    • Contracts / Legal Interpretations affecting Contracts
    • Contracts / Legal Interpretations affecting Contracts / Ambiguities in a Contract of Adhesion
    • Contracts / Legal Interpretations affecting Contracts / Reasonable Expectations
    • Contracts / Legal Interpretations affecting Contracts / Indemnity
    • Contracts / Legal Interpretations affecting Contracts / Utmost Good Faith
    • Contracts / Legal Interpretations affecting Contracts / Representations/Misrepresentations
    • Contracts / Legal Interpretations affecting Contracts / Warranties
    • Contracts / Legal Interpretations affecting Contracts / Concealment
    • Contracts / Legal Interpretations affecting Contracts / Fraud
    • Contracts / Legal Interpretations affecting Contracts / Waiver and Estoppel
  • Property and Casualty Insurance Basics 20% (30 items) (20%)
    • Principles and Concepts
    • Principles and Concepts / Insurable Interest
    • Principles and Concepts / Underwriting
    • Principles and Concepts / Underwriting / Function
    • Principles and Concepts / Underwriting / Loss Ratio
    • Principles and Concepts / Hazards
    • Principles and Concepts / Hazards / Physical
    • Principles and Concepts / Hazards / Moral
    • Principles and Concepts / Hazards / Morale
    • Principles and Concepts / Negligence
    • Principles and Concepts / Negligence / Elements of a Negligent Act
    • Principles and Concepts / Negligence / Defenses against Negligence
    • Principles and Concepts / Damages
    • Principles and Concepts / Damages / Compensatory - Special versus General
    • Principles and Concepts / Damages / Punitive
    • Principles and Concepts / Absolute Liability
    • Principles and Concepts / Strict Liability
    • Principles and Concepts / Vicarious Liability
    • Principles and Concepts / Causes of Loss (Perils)
    • Principles and Concepts / Named Perils versus Special (Open) Perils
    • Principles and Concepts / Direct Loss
    • Principles and Concepts / Consequential or Indirect Loss
    • Principles and Concepts / Blanket versus Specific Insurance
    • Principles and Concepts / Basic Types of Construction
    • Principles and Concepts / Loss Valuation
    • Principles and Concepts / Loss Valuation / Actual Cash Value
    • Principles and Concepts / Loss Valuation / Replacement Cost
    • Principles and Concepts / Loss Valuation / Functional Replacement Cost
    • Principles and Concepts / Loss Valuation / Agreed Value
    • Principles and Concepts / Loss Valuation / Stated Amount
    • Policy Structure
    • Policy Structure / Declarations
    • Policy Structure / Definitions
    • Policy Structure / Insuring Agreement or Clause
    • Policy Structure / Additional/Supplementary Coverage
    • Policy Structure / Conditions
    • Policy Structure / Exclusions
    • Policy Structure / Endorsements
    • Common Policy Provisions
    • Common Policy Provisions / Insureds - Named, First Named, Additional
    • Common Policy Provisions / Policy Period
    • Common Policy Provisions / Policy Territory
    • Common Policy Provisions / Cancellation and Nonrenewal
    • Common Policy Provisions / Deductibles
    • Common Policy Provisions / Other Insurance
    • Common Policy Provisions / Other Insurance / Nonconcurrency
    • Common Policy Provisions / Other Insurance / Primary and Excess
    • Common Policy Provisions / Other Insurance / Pro Rata
    • Common Policy Provisions / Other Insurance / Contribution by Equal Shares
    • Common Policy Provisions / Limits of Liability
    • Common Policy Provisions / Limits of Liability / Per Occurrence (Accident)
    • Common Policy Provisions / Limits of Liability / Per Person
    • Common Policy Provisions / Limits of Liability / Split
    • Common Policy Provisions / Limits of Liability / Combined Single
    • Common Policy Provisions / Limits of Liability / Aggregate - General versus Products - Completed Operations
    • Common Policy Provisions / Property Limits
    • Common Policy Provisions / Restoration/Nonreduction of Limits
    • Common Policy Provisions / Coinsurance
    • Common Policy Provisions / Vacancy or Unoccupancy
    • Common Policy Provisions / Named Insured Provisions
    • Common Policy Provisions / Named Insured Provisions / Duties after Loss
    • Common Policy Provisions / Named Insured Provisions / Assignment
    • Common Policy Provisions / Named Insured Provisions / Abandonment
    • Common Policy Provisions / Insurer Provisions
    • Common Policy Provisions / Insurer Provisions / Liberalization
    • Common Policy Provisions / Insurer Provisions / Subrogation
    • Common Policy Provisions / Insurer Provisions / Salvage
    • Common Policy Provisions / Insurer Provisions / Claim Settlement Options
    • Common Policy Provisions / Insurer Provisions / Duty to Defend
    • Common Policy Provisions / Third-Party Provisions
    • Common Policy Provisions / Third-Party Provisions / Standard Mortgage Clause
    • Common Policy Provisions / Third-Party Provisions / Loss Payable Clause
    • Common Policy Provisions / Third-Party Provisions / No Benefit to the Bailee
    • Common Policy Provisions / Indemnification Provisions
    • Role of Applications and Binders in Insurance Transactions
    • Insurance Claims Handling
    • Michigan Laws, Regulations, and Required Provisions
    • Michigan Laws, Regulations, and Required Provisions / Michigan Property and Casualty Guaranty Association (500.7901-.7949)
    • Michigan Laws, Regulations, and Required Provisions / Mandatory Fire Policy Provisions (500.2833)
    • Michigan Laws, Regulations, and Required Provisions / Cancellation and Nonrenewal (500.2123, .3020)
    • Michigan Laws, Regulations, and Required Provisions / Appraisal (500.2833)
    • Michigan Laws, Regulations, and Required Provisions / Terrorism Risk Insurance Program (15 U.S.C. 6701; Public Law 107-297, 109-144, 110-160)
    • Michigan Laws, Regulations, and Required Provisions / Termination of Authority to Represent Insurer (500.1209)
    • Essential Insurance Act (500.2101-.2131)
  • Dwelling Policy 2.5% (4 items) (2.5%)
    • Characteristics and Purpose
    • Property Coverages
    • Property Coverages / Coverage A - Dwelling
    • Property Coverages / Coverage B - Other Structures
    • Property Coverages / Coverage C - Personal Property
    • Property Coverages / Coverage D - Fair Rental Value
    • Property Coverages / Coverage E - Additional Living Expense
    • Property Coverages / Other Coverages
    • General Exclusions
    • Conditions
    • Selected Endorsements
    • Selected Endorsements / Special Provisions - Michigan
    • Selected Endorsements / Automatic Increase in Insurance
    • Selected Endorsements / Broad Theft Coverage
    • Selected Endorsements / Dwelling Under Construction
    • Personal Liability Supplement
  • Homeowners Policy 15% (22 items) (15%)
    • Coverage Forms
    • Coverage Forms / HO-2 through HO-8
    • Coverage Forms / Special
    • Definitions
    • Section I - Property Coverages
    • Section I - Property Coverages / Coverage A - Dwelling
    • Section I - Property Coverages / Coverage B - Other Structures
    • Section I - Property Coverages / Coverage C - Personal Property
    • Section I - Property Coverages / Coverage D - Loss of Use
    • Section I - Property Coverages / Additional Coverages
    • Section II - Liability Coverages
    • Section II - Liability Coverages / Coverage E - Personal Liability
    • Section II - Liability Coverages / Coverage F - Medical Payments to Others
    • Section II - Liability Coverages / Additional Coverages
    • Perils Insured Against
    • Exclusions
    • Conditions
    • Selected Endorsements
    • Selected Endorsements / Special Provisions - Michigan
    • Selected Endorsements / Limited Fungi, Wet or Dry Rot, or Bacteria Coverage
    • Selected Endorsements / Permitted Incidental Occupancies - Residence
    • Selected Endorsements / Earthquake
    • Selected Endorsements / Scheduled Personal Property/Personal Articles Floater
    • Selected Endorsements / Personal Property Replacement Cost
    • Selected Endorsements / Home Day Care
    • Selected Endorsements / Business Pursuits
    • Selected Endorsements / Watercraft
    • Selected Endorsements / Personal Injury
    • Selected Endorsements / Home Business Insurance Coverage
  • Automobile Insurance 15% (22 items) (15%)
    • Laws
    • Laws / Michigan Motor Vehicle Financial Responsibility Law
    • Laws / Michigan Motor Vehicle Financial Responsibility Law / Required Limits of Liability (RL 257.518b)
    • Laws / Michigan Motor Vehicle Financial Responsibility Law / Required Proof of Insurance (RL 257.328)
    • Laws / Michigan Automobile Insurance Placement Facility (500.3301)
    • Laws / No-Fault Automobile Coverage (500.3101)
    • Laws / No-Fault Automobile Coverage (500.3101) / Personal Injury Protection (500.3107, .3114)
    • Laws / No-Fault Automobile Coverage (500.3101) / Property Protection (500.3121)
    • Laws / No-Fault Automobile Coverage (500.3101) / Residual Liability (500.3131)
    • Laws / Cancellation and Nonrenewal
    • Laws / Cancellation and Nonrenewal / Grounds (500.3220)
    • Laws / Cancellation and Nonrenewal / Notice (500.3204, .3224)
    • Laws / Cancellation and Nonrenewal / Notice of Eligibility In Automobile Insurance Placement Facility (500.3301, .3365)
    • Laws / Rental Vehicle Coverage (500.3009, .3105(2))
    • Laws / Aftermarket Crash Parts Regulation (RL 257.1361-.1364)
    • Personal Automobile
    • Personal Automobile / Definitions
    • Personal Automobile / Liability Coverage
    • Personal Automobile / Liability Coverage / Bodily Injury and Property Damage
    • Personal Automobile / Liability Coverage / Supplementary Payments
    • Personal Automobile / Liability Coverage / Exclusions
    • Personal Automobile / Medical Payments Coverage
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / Definitions
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / Bodily Injury
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / UM/UIM Rejection
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / Required Limits
    • Personal Automobile / Coverage for Damage to Your Automobile
    • Personal Automobile / Coverage for Damage to Your Automobile / Collision
    • Personal Automobile / Coverage for Damage to Your Automobile / Other than Collision (Comprehensive)
    • Personal Automobile / Coverage for Damage to Your Automobile / Deductibles
    • Personal Automobile / Coverage for Damage to Your Automobile / Transportation Expense
    • Personal Automobile / Duties After an Accident or Loss
    • Personal Automobile / Selected Endorsements
    • Personal Automobile / Selected Endorsements / Miscellaneous Type Vehicle
    • Personal Automobile / Selected Endorsements / Extended Non-Owned Coverage - Vehicles Furnished or Available for Regular Use - Michigan (Bulletin No. 96-02)
    • Personal Automobile / Selected Endorsements / Personal Injury Protection Coverage - Michigan (500.3107, .3108)
    • Personal Automobile / Selected Endorsements / Property Protection Coverage - Michigan (500.3121)
    • Commercial Automobile
    • Commercial Automobile / Commercial Automobile Coverage Forms
    • Commercial Automobile / Commercial Automobile Coverage Forms / Business Automobile
    • Commercial Automobile / Commercial Automobile Coverage Forms / Garage
    • Commercial Automobile / Commercial Automobile Coverage Forms / Business Automobile Physical Damage
    • Commercial Automobile / Commercial Automobile Coverage Forms / Truckers
    • Commercial Automobile / Commercial Automobile Coverage Forms / Motor Carrier
    • Commercial Automobile / Coverage Form Sections
    • Commercial Automobile / Coverage Form Sections / Covered Automobiles
    • Commercial Automobile / Coverage Form Sections / Liability Coverage
    • Commercial Automobile / Coverage Form Sections / Garagekeepers Coverage
    • Commercial Automobile / Coverage Form Sections / Physical Damage Coverage
    • Commercial Automobile / Coverage Form Sections / Exclusions
    • Commercial Automobile / Coverage Form Sections / Conditions
    • Commercial Automobile / Coverage Form Sections / Definitions
    • Commercial Automobile / Selected Endorsements
    • Commercial Automobile / Selected Endorsements / Additional Insured - Lessor Endorsement
    • Commercial Automobile / Selected Endorsements / Mobile Equipment
    • Commercial Automobile / Selected Endorsements / Michigan Personal Injury Protection (500.3107)
    • Commercial Automobile / Selected Endorsements / Drive Other Car Coverage
    • Commercial Automobile / Selected Endorsements / Michigan Property Protection Coverage
    • Commercial Automobile / Selected Endorsements / Individual Named Insured
    • Commercial Automobile / Commercial Carrier Regulations
    • Commercial Automobile / Commercial Carrier Regulations / The Motor Carrier Act of 1980
  • Commercial Package Policy (CPP) 12% (18 items) (12%)
    • Components of a Commercial Policy
    • Components of a Commercial Policy / Common Policy Declarations
    • Components of a Commercial Policy / Common Policy Conditions
    • Components of a Commercial Policy / Interline Endorsements
    • Components of a Commercial Policy / One or More Coverage Parts
    • Commercial General Liability
    • Commercial General Liability / Commercial General Liability Coverage Forms
    • Commercial General Liability / Commercial General Liability Coverage Forms / Bodily Injury and Property Damage Liability
    • Commercial General Liability / Commercial General Liability Coverage Forms / Personal and Advertising Injury Liability
    • Commercial General Liability / Commercial General Liability Coverage Forms / Medical Payments
    • Commercial General Liability / Commercial General Liability Coverage Forms / Exclusions
    • Commercial General Liability / Commercial General Liability Coverage Forms / Supplementary Payments
    • Commercial General Liability / Commercial General Liability Coverage Forms / Who is an Insured
    • Commercial General Liability / Commercial General Liability Coverage Forms / Limits of Insurance
    • Commercial General Liability / Commercial General Liability Coverage Forms / Conditions
    • Commercial General Liability / Commercial General Liability Coverage Forms / Definitions
    • Commercial General Liability / Occurrence versus Claims-Made
    • Commercial General Liability / Claims-Made Features
    • Commercial General Liability / Claims-Made Features / Trigger
    • Commercial General Liability / Claims-Made Features / Retroactive Date
    • Commercial General Liability / Claims-Made Features / Extended Reporting Periods – Basic versus Supplemental
    • Commercial General Liability / Claims-Made Features / Claim Information
    • Commercial General Liability / Premises and Operations
    • Commercial General Liability / Products and Completed Operations
    • Commercial General Liability / Insured Contract
    • Commercial General Liability / Owners and Contractors’ Protective Liability Coverage Form
    • Commercial General Liability / Pollution Liability Coverage Extension
    • Commercial Property
    • Commercial Property / Commercial Property Conditions Form
    • Commercial Property / Coverage Forms
    • Commercial Property / Coverage Forms / Building and Personal Property
    • Commercial Property / Coverage Forms / Condominium Association
    • Commercial Property / Coverage Forms / Condominium Commercial Unit-Owners
    • Commercial Property / Coverage Forms / Builders Risk
    • Commercial Property / Coverage Forms / Business Income
    • Commercial Property / Coverage Forms / Legal Liability
    • Commercial Property / Coverage Forms / Extra Expense
    • Commercial Property / Causes of Loss Forms
    • Commercial Property / Causes of Loss Forms / Basic
    • Commercial Property / Causes of Loss Forms / Broad
    • Commercial Property / Causes of Loss Forms / Special
    • Commercial Property / Selected Endorsements
    • Commercial Property / Selected Endorsements / Ordinance or Law
    • Commercial Property / Selected Endorsements / Spoilage
    • Commercial Property / Selected Endorsements / Peak Season Limit of Insurance
    • Commercial Property / Selected Endorsements / Value Reporting Form
    • Commercial Crime
    • Commercial Crime / General Definitions
    • Commercial Crime / General Definitions / Burglary
    • Commercial Crime / General Definitions / Theft
    • Commercial Crime / General Definitions / Robbery
    • Commercial Crime / Crime Coverage Forms
    • Commercial Crime / Crime Coverage Forms / Commercial Crime Coverage Forms (Discovery/Loss Sustained)
    • Commercial Crime / Coverages
    • Commercial Crime / Coverages / Employee Theft
    • Commercial Crime / Coverages / Forgery or Alteration
    • Commercial Crime / Coverages / Inside The Premises - Theft of Money and Securities
    • Commercial Crime / Coverages / Inside The Premises - Robbery or Safe Burglary of Other Property
    • Commercial Crime / Coverages / Outside the Premises
    • Commercial Crime / Coverages / Computer Fraud
    • Commercial Crime / Coverages / Funds Transfer Fraud
    • Commercial Crime / Coverages / Money Orders and Counterfeit Money
    • Commercial Inland Marine
    • Commercial Inland Marine / Nationwide Marine Definition
    • Commercial Inland Marine / Commercial Inland Marine Conditions Form
    • Commercial Inland Marine / Inland Marine Coverage Forms
    • Commercial Inland Marine / Inland Marine Coverage Forms / Accounts Receivable
    • Commercial Inland Marine / Inland Marine Coverage Forms / Bailee's Customer
    • Commercial Inland Marine / Inland Marine Coverage Forms / Commercial Articles
    • Commercial Inland Marine / Inland Marine Coverage Forms / Contractors Equipment Floater
    • Commercial Inland Marine / Inland Marine Coverage Forms / Electronic Data Processing
    • Commercial Inland Marine / Inland Marine Coverage Forms / Equipment Dealers
    • Commercial Inland Marine / Inland Marine Coverage Forms / Installation Floater
    • Commercial Inland Marine / Inland Marine Coverage Forms / Jewelers Block
    • Commercial Inland Marine / Inland Marine Coverage Forms / Signs
    • Commercial Inland Marine / Inland Marine Coverage Forms / Valuable Papers and Records
    • Commercial Inland Marine / Transportation Coverages
    • Commercial Inland Marine / Transportation Coverages / Common Carrier Cargo Liability
    • Commercial Inland Marine / Transportation Coverages / Motor Truck Cargo Forms
    • Commercial Inland Marine / Transportation Coverages / Transit Coverage Forms
    • Equipment Breakdown
    • Equipment Breakdown / Equipment Breakdown Protection Coverage Form
    • Equipment Breakdown / Selected Endorsement
    • Equipment Breakdown / Selected Endorsement / Actual Cash Value
    • Farm Coverage
    • Farm Coverage / Farm Property Coverage Form
    • Farm Coverage / Farm Property Coverage Form / Coverage A - Dwellings
    • Farm Coverage / Farm Property Coverage Form / Coverage B - Other Private Structures
    • Farm Coverage / Farm Property Coverage Form / Coverage C - Household Personal Property
    • Farm Coverage / Farm Property Coverage Form / Coverage D - Loss of Use
    • Farm Coverage / Farm Property Coverage Form / Coverage E - Scheduled Farm Personal Property
    • Farm Coverage / Farm Property Coverage Form / Coverage F - Unscheduled Farm Personal Property
    • Farm Coverage / Farm Property Coverage Form / Coverage G - Other Farm Structures
    • Farm Coverage / Mobile Agriculture Machinery and Equipment Coverage Form
    • Farm Coverage / Livestock Coverage Form
    • Farm Coverage / Definitions
    • Farm Coverage / Causes of Loss (Basic, Broad, and Special)
    • Farm Coverage / Conditions
    • Farm Coverage / Exclusions
    • Farm Coverage / Limits
    • Farm Coverage / Additional Coverages
    • Farm Coverage / Farm Liability Coverage Form
    • Farm Coverage / Farm Liability Coverage Form / Coverage H - Bodily Injury and Property Damage Liability
    • Farm Coverage / Farm Liability Coverage Form / Coverage I - Personal and Advertising Injury Liability
    • Farm Coverage / Farm Liability Coverage Form / Coverage J - Medical Payments
  • Businessowners Policy 6% (9 items) (6%)
    • Characteristics and Purpose
    • Businessowners Section I - Property
    • Businessowners Section I - Property / Coverage
    • Businessowners Section I - Property / Exclusions
    • Businessowners Section I - Property / Limits of Insurance
    • Businessowners Section I - Property / Deductibles
    • Businessowners Section I - Property / Loss Conditions
    • Businessowners Section I - Property / General Conditions
    • Businessowners Section I - Property / Optional Coverages
    • Businessowners Section I - Property / Definitions
    • Businessowners Section II - Liability
    • Businessowners Section II - Liability / Coverages
    • Businessowners Section II - Liability / Exclusions
    • Businessowners Section II - Liability / Who is an Insured
    • Businessowners Section II - Liability / Limits of Insurance
    • Businessowners Section II - Liability / General Conditions
    • Businessowners Section II - Liability / Definitions
    • Businessowners Section III - Common Policy Conditions
    • Selected Endorsements
    • Selected Endorsements / Protective Safeguards
    • Selected Endorsements / Utility Services - Direct Damage
    • Selected Endorsements / Utility Services - Time Element
    • Selected Endorsements / Hired Automobile and Non-Owned Automobile Liability
  • Workers' Compensation Insurance 5% (8 items) (5%)
    • Workers' Compensation Laws
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Exclusive Remedy (418.131)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Employer Covered (Required) (418.115)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Covered Injuries (418.301)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Occupational Disease (418.401, .405, .411, .415, .425, .431, .435, .441)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Benefits Provided (418.301, .311, .315, .321, .345, .351)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Second Injury Fund (418.521)
    • Workers' Compensation Laws / Federal Workers' Compensation Laws
    • Workers' Compensation Laws / Federal Workers' Compensation Laws / Federal Employer Liability Act (FELA) (45 USC 51-60)
    • Workers' Compensation Laws / Federal Workers' Compensation Laws / US Longshore and Harbor Workers Compensation Act (33 USC 904)
    • Workers' Compensation Laws / Federal Workers' Compensation Laws / The Jones Act (46 USC 688)
    • Workers' Compensation and Employers Liability Insurance Policy
    • Workers' Compensation and Employers Liability Insurance Policy / General Section
    • Workers' Compensation and Employers Liability Insurance Policy / Part One - Workers' Compensation Insurance
    • Workers' Compensation and Employers Liability Insurance Policy / Part Two - Employers Liability Insurance
    • Workers' Compensation and Employers Liability Insurance Policy / Part Three - Other States Insurance
    • Workers' Compensation and Employers Liability Insurance Policy / Part Four - Your Duties if Injury Occurs
    • Workers' Compensation and Employers Liability Insurance Policy / Part Five - Premium
    • Workers' Compensation and Employers Liability Insurance Policy / Part Six - Conditions
    • Workers' Compensation and Employers Liability Insurance Policy / Selected Endorsement
    • Workers' Compensation and Employers Liability Insurance Policy / Selected Endorsement / Voluntary Compensation
    • Premium Computation
    • Premium Computation / Job Classification - Payroll and Rates
    • Premium Computation / Experience Modification Factor
    • Premium Computation / Premium Discounts
    • Other Sources of Coverages
    • Other Sources of Coverages / Self-Insured Employers and Employer Groups (418.611)
    • Other Sources of Coverages / Michigan Workers’ Compensation Placement Facility
  • Other Coverages and Options 4% (6 items) (4%)
    • Umbrella/Excess Liability Policies
    • Umbrella/Excess Liability Policies / Personal
    • Umbrella/Excess Liability Policies / Commercial
    • Specialty Liability Insurance
    • Specialty Liability Insurance / Errors and Omissions
    • Specialty Liability Insurance / Professional Liability
    • Specialty Liability Insurance / Directors and Officers Liability
    • Specialty Liability Insurance / Fiduciary Liability
    • Specialty Liability Insurance / Liquor Liability
    • Specialty Liability Insurance / Employment Practices Liability
    • Surety Bonds
    • Surety Bonds / Principal, Obligee, Surety
    • Surety Bonds / Contract Bonds
    • Surety Bonds / License and Permit Bonds
    • Surety Bonds / Judicial Bonds
    • Surplus Lines
    • Surplus Lines / Definitions and Markets
    • Surplus Lines / Licensing Requirements
    • National Flood Insurance Program
    • National Flood Insurance Program / "Write Your Own" versus Government
    • National Flood Insurance Program / Coverage
    • National Flood Insurance Program / Limits
    • National Flood Insurance Program / Deductibles
    • Other Policies
    • Other Policies / Boatowners
    • Other Policies / Miscellaneous (Recreational) Type Vehicles
    • Alternative Funding Mechanisms
    • Alternative Funding Mechanisms / Self-Insured
    • Alternative Funding Mechanisms / Risk Retention Groups
    • Cyber Issues
Examination sources

Michigan Surety and Fidelity Producer/Solicitor

Provider
PSI Services LLC
Format
Computer-administered written examination at a PSI test center
Exam questions
50 scored items; PSI may add unscored experimental items
Time limit
1 hour
Passing score
70% (35 correct answers out of 50)
Examination outline
  • Insurance Regulation 20% (10 items) (20%)
    • Company Regulation
    • Company Regulation / Producer Appointment (500.1208a, .1208b, .1209, .1411)
    • Company Regulation / Producer Appointment (500.1208a, .1208b, .1209, .1411) / Termination of Appointment (500.1208b, .1209)
    • Producer Regulation
    • Producer Regulation / Duties (500.1201a, .1202)
    • Producer Regulation / Duties (500.1201a, .1202) / Commissions (500.1240, .2011)
    • Producer Regulation / Duties (500.1201a, .1202) / Types of Licensees (500.1206)
    • Producer Regulation / Duties (500.1201a, .1202) / Types of Licensees (500.1206) / Producer (500.240, 500.1201, .1201a, .1204, .1205, .1206, .1206b, .1240)
    • Producer Regulation / Duties (500.1201a, .1202) / Types of Licensees (500.1206) / Counselor (500.1232, .1234, .1236)
    • Producer Regulation / Duties (500.1201a, .1202) / Types of Licensees (500.1206) / Business Entity (500.1201, .1205)
    • Producer Regulation / Duties (500.1201a, .1202) / Maintenance and Duration
    • Producer Regulation / Duties (500.1201a, .1202) / Maintenance and Duration / Change of Name and Address (500.1206(5))
    • Producer Regulation / Duties (500.1201a, .1202) / Maintenance and Duration / Reporting of Actions (500.1208b, .1239, .1244, .1246, .1247)
    • Producer Regulation / Duties (500.1201a, .1202) / Maintenance and Duration / Assumed Names (500.1211a)
    • Producer Regulation / Duties (500.1201a, .1202) / Disciplinary Actions
    • Producer Regulation / Duties (500.1201a, .1202) / Disciplinary Actions / Cease and Desist Order (500.1244, .2038)
    • Producer Regulation / Duties (500.1201a, .1202) / Disciplinary Actions / Suspension, Revocation, Refusal to Issue or Renew (500.1200, .1209, .1239, .1244, .1379, .2029, .2043)
    • Producer Regulation / Duties (500.1201a, .1202) / Disciplinary Actions / Penalties and Fines (500.1242, .1244, .1379, .2038, .2040, .2064, .2069)
    • Producer Regulation / Duties (500.1201a, .1202) / Unfair Insurance Trade Practices (500.1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029)
    • Producer Regulation / Duties (500.1201a, .1202) / Unfair Insurance Trade Practices (500.1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029) / Misrepresentation (500.2005, .2005a, .2055, .2057, .2064, .2218)
    • Producer Regulation / Duties (500.1201a, .1202) / Unfair Insurance Trade Practices (500.1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029) / False Information and Advertising (500.2001, .2002, .2005, .2005a, .2007, .2055, .2057, .2064)
    • Producer Regulation / Duties (500.1201a, .1202) / Unfair Insurance Trade Practices (500.1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029) / Inducement (500.2005(f), .2024, .2064(2), .2066, .2069, .2070)
    • Producer Regulation / Duties (500.1201a, .1202) / Unfair Insurance Trade Practices (500.1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029) / False Statement (500.1015, .2014, .2018, .2055, .2062, .2474, .2666)
    • Producer Regulation / Duties (500.1201a, .1202) / Unfair Insurance Trade Practices (500.1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029) / Deception (500.2007, .2009; 600.2911)
    • Producer Regulation / Duties (500.1201a, .1202) / Unfair Insurance Trade Practices (500.1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029) / Boycott, Coercion, and Intimidation (500.1242, .2012)
    • Producer Regulation / Duties (500.1201a, .1202) / Unfair Insurance Trade Practices (500.1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029) / Unfair Discrimination (500.2019, .2020, .2027, .2082)
    • Producer Regulation / Duties (500.1201a, .1202) / Unfair Insurance Trade Practices (500.1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029) / Rebating (500.2024, .2066, .2069, .2070)
    • Producer Regulation / Duties (500.1201a, .1202) / Unfair Insurance Trade Practices (500.1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029) / Fiduciary Responsibilities (500.1207)
    • Producer Regulation / Duties (500.1201a, .1202) / Unfair Insurance Trade Practices (500.1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029) / Forgery (500.1239)
    • Producer Regulation / Duties (500.1201a, .1202) / Insurance Fraud Regulation (500.2088, .4501, .4503, .4507, .4509, .4511, .8197; 752.1003, .1005)
    • Producer Regulation / Duties (500.1201a, .1202) / Consumer Privacy Regulation (500.501, .503, .505, .507, .513, .515, .533, .535, .2005a, .4501, .4507, .4509; R500.551 -.560)
  • General Surety and Fidelity 30% (15 items) (30%)
    • Concepts
    • Concepts / Risk Management Key Terms
    • Concepts / Risk Management Key Terms / Risk
    • Concepts / Risk Management Key Terms / Loss
    • Concepts / Methods of Handling Risk
    • Concepts / Methods of Handling Risk / Sharing
    • Concepts / Methods of Handling Risk / Reduction
    • Concepts / Methods of Handling Risk / Transfer
    • Concepts / Elements of Insurable Risks
    • Concepts / Adverse Selection
    • Concepts / Law of Large Numbers
    • Producers and General Rules of Agency
    • Producers and General Rules of Agency / Producer/Insurer/Surety Relationship
    • Producers and General Rules of Agency / Authority and Powers of Producers
    • Producers and General Rules of Agency / Authority and Powers of Producers / Express
    • Producers and General Rules of Agency / Authority and Powers of Producers / Implied
    • Producers and General Rules of Agency / Authority and Powers of Producers / Apparent
    • Producers and General Rules of Agency / Authority and Powers of Producers / Power of Attorney
    • Producers and General Rules of Agency / Responsibilities to the Applicant/Insured/Principal/Obligee
    • Contracts
    • Contracts / Elements of a Legal Contract
    • Contracts / Elements of a Legal Contract / Offer and Acceptance
    • Contracts / Elements of a Legal Contract / Consideration
    • Contracts / Elements of a Legal Contract / Competent Parties
    • Contracts / Elements of a Legal Contract / Legal Purpose
    • Contracts / Legal Interpretations Affecting Contracts
    • Contracts / Legal Interpretations Affecting Contracts / Indemnity
    • Contracts / Legal Interpretations Affecting Contracts / Utmost Good Faith
    • Contracts / Legal Interpretations Affecting Contracts / Representations
    • Contracts / Legal Interpretations Affecting Contracts / Misrepresentations
    • Contracts / Legal Interpretations Affecting Contracts / Concealment
    • Contracts / Legal Interpretations Affecting Contracts / Warranties
    • Contracts / Legal Interpretations Affecting Contracts / Fraud
    • Contracts / Legal Interpretations Affecting Contracts / Waiver and Estoppel
  • Surety Bonds 40% (20 items) (40%)
    • Nature of Surety Bonds
    • Nature of Surety Bonds / Surety Bonds Versus Insurance
    • Nature of Surety Bonds / Parties of a Surety Bond
    • Nature of Surety Bonds / Parties of a Surety Bond / Principal
    • Nature of Surety Bonds / Parties of a Surety Bond / Obligee
    • Nature of Surety Bonds / Parties of a Surety Bond / Surety
    • Types of Surety Bonds
    • Types of Surety Bonds / Contract Bonds
    • Types of Surety Bonds / Contract Bonds / Bid
    • Types of Surety Bonds / Contract Bonds / Performance
    • Types of Surety Bonds / Contract Bonds / Payment
    • Types of Surety Bonds / Contract Bonds / Maintenance
    • Types of Surety Bonds / Contract Bonds / Subdivision
    • Types of Surety Bonds / License and Permit Bonds
    • Types of Surety Bonds / License and Permit Bonds / Compliance
    • Types of Surety Bonds / License and Permit Bonds / Financial Guarantee
    • Types of Surety Bonds / Public Official Bonds
    • Types of Surety Bonds / Public Official Bonds / Individual
    • Types of Surety Bonds / Public Official Bonds / Named Schedule
    • Types of Surety Bonds / Public Official Bonds / Position Schedule
    • Types of Surety Bonds / Judicial Bonds
    • Types of Surety Bonds / Judicial Bonds / Replevin
    • Types of Surety Bonds / Judicial Bonds / Bail
    • Types of Surety Bonds / Judicial Bonds / Appeal
    • Types of Surety Bonds / Judicial Bonds / Injunction
    • Types of Surety Bonds / Judicial Bonds / Discharge Mechanics Lien
    • Types of Surety Bonds / Judicial Bonds / Probate
  • Fidelity Coverages 10% (5 items) (10%)
    • Nature of Fidelity Bonds
    • Nature of Fidelity Bonds / Insuring Agreement
    • Nature of Fidelity Bonds / Termination of Coverage
    • Employee Dishonesty Coverages
    • Employee Dishonesty Coverages / Public Employee/Mercantile Blanket
    • Employee Dishonesty Coverages / Scheduled
    • Employee Dishonesty Coverages / Scheduled / Named Employee
    • Employee Dishonesty Coverages / Scheduled / Position
    • Employee Dishonesty Coverages / Pension Plan, ERISA Compliance
Examination sources

Michigan Casualty Producer/Solicitor

Provider
PSI Services LLC
Format
Computer-administered licensing examination at a PSI testing location
Exam questions
100 scored items; the candidate bulletin permits 1–10 additional unscored experimental items
Time limit
2 Hours
Passing score
74% (74 Correct to Pass)
Exam fee
$41
Examination outline
  • Insurance Regulation (10%)
    • Company Regulation
    • Company Regulation / Producer Appointment (500.1208a, .1208b, .1209, .1411)
    • Company Regulation / Termination of Appointment (500.1208b, .1209)
    • Producer Regulation
    • Producer Regulation / Duties (500.1201a, .1202)
    • Producer Regulation / Commissions (500.1240, .2011)
    • Producer Regulation / Types of Licensees (500.1206)
    • Producer Regulation / Types of Licensees (500.1206) / Producer (500.240, 500.1201, .1201a, .1204, .1205, .1206, .1206b, .1240)
    • Producer Regulation / Types of Licensees (500.1206) / Counselor (500.1232, .1234, .1236)
    • Producer Regulation / Types of Licensees (500.1206) / Business Entity (500.1201, .1205)
    • Producer Regulation / Maintenance and Duration
    • Producer Regulation / Maintenance and Duration / Change of Name and Address (500.1206(5), .1238(1))
    • Producer Regulation / Maintenance and Duration / Reporting of Actions (500.1208b, .1239, .1244, .1246, .1247)
    • Producer Regulation / Maintenance and Duration / Assumed Names (500.1211a)
    • Producer Regulation / Maintenance and Duration / Continuing Education Requirements (500.1204, .1204c, .1204f, .1206)
    • Producer Regulation / Disciplinary Actions
    • Producer Regulation / Disciplinary Actions / Cease and Desist Order (500.1244, .2038)
    • Producer Regulation / Disciplinary Actions / Suspension, Revocation, Refusal to Issue or Renew (500.1200, .1209, .1239, .1244, .1379, .2029, .2043)
    • Producer Regulation / Disciplinary Actions / Penalties and Fines (500.1242, .1244, .1379, .2038, .2040, .2064, .2069)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Misrepresentation (500.2005, .2005a, .2055, .2057, .2064, .2218)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / False Information and Advertising (500.2001, .2002, .2005, .2005a, .2007, .2055, .2057, .2064)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Inducement (500.2005(f), .2024, .2064(2), .2066, .2069, .2070)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / False Statement (500.1015, .2014, .2018, .2055, .2062, .2474, .2666)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Deception (500.2007, .2009; 600.2911)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Boycott, Coercion, and Intimidation (500.1242, .2012)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Unfair Discrimination (500.2019, .2020, .2027, .2082)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Rebating (500.2024b, .2066, .2069, .2070)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Fiduciary Responsibilities (500.1207)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Forgery (500.1239)
    • Insurance Fraud Regulation (500.2088, .4501, .4503, .4507, .4511; 752.1005)
    • Consumer Privacy Regulation (500.501, .503, .505, .507, .513, .515, .533, .535, .2005a, .4501, .4507, .4509; R500.551-.560)
  • General Insurance (15%)
    • Concepts
    • Concepts / Risk Management Key Terms
    • Concepts / Risk Management Key Terms / Risk
    • Concepts / Risk Management Key Terms / Exposure
    • Concepts / Risk Management Key Terms / Hazard
    • Concepts / Risk Management Key Terms / Peril
    • Concepts / Risk Management Key Terms / Loss
    • Concepts / Methods of Handling Risk
    • Concepts / Methods of Handling Risk / Avoidance
    • Concepts / Methods of Handling Risk / Retention
    • Concepts / Methods of Handling Risk / Sharing
    • Concepts / Methods of Handling Risk / Reduction
    • Concepts / Methods of Handling Risk / Transfer
    • Concepts / Elements of Insurable Risks
    • Concepts / Adverse Selection
    • Concepts / Law of Large Numbers
    • Concepts / Reinsurance
    • Insurers
    • Insurers / Types of Insurers
    • Insurers / Types of Insurers / Stock Companies
    • Insurers / Types of Insurers / Mutual Companies
    • Insurers / Financial Status (Independent Rating Services)
    • Insurers / Distribution Systems
    • Producers and General Rules of Agency
    • Producers and General Rules of Agency / Producer/Insurer Relationship
    • Producers and General Rules of Agency / Authority and Powers of Producers
    • Producers and General Rules of Agency / Authority and Powers of Producers / Express
    • Producers and General Rules of Agency / Authority and Powers of Producers / Implied
    • Producers and General Rules of Agency / Authority and Powers of Producers / Apparent
    • Producers and General Rules of Agency / Responsibilities to the Applicant/Insured
    • Contracts
    • Contracts / Elements of a Legal Contract
    • Contracts / Elements of a Legal Contract / Offer and Acceptance
    • Contracts / Elements of a Legal Contract / Consideration
    • Contracts / Elements of a Legal Contract / Competent Parties
    • Contracts / Elements of a Legal Contract / Legal Purpose
    • Contracts / Distinct Characteristics of an Insurance Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion / Aleatory Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion / Personal Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion / Unilateral Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion / Conditional Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Ambiguities in a Contract of Adhesion
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Reasonable Expectations
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Indemnity
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Utmost Good Faith
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Representations/Misrepresentations
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Warranties
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Concealment
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Fraud
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Waiver and Estoppel
  • Casualty Insurance Basics (22%)
    • Principles and Concepts
    • Principles and Concepts / Insurable Interest
    • Principles and Concepts / Underwriting
    • Principles and Concepts / Underwriting / Function
    • Principles and Concepts / Underwriting / Loss Ratio
    • Principles and Concepts / Hazards
    • Principles and Concepts / Hazards / Physical
    • Principles and Concepts / Hazards / Moral
    • Principles and Concepts / Hazards / Morale
    • Principles and Concepts / Negligence
    • Principles and Concepts / Negligence / Elements of a Negligent Act
    • Principles and Concepts / Negligence / Defenses Against Negligence
    • Principles and Concepts / Damages
    • Principles and Concepts / Damages / Compensatory - Special versus General
    • Principles and Concepts / Damages / Punitive
    • Principles and Concepts / Absolute Liability
    • Principles and Concepts / Strict Liability
    • Principles and Concepts / Vicarious Liability
    • Policy Structure
    • Policy Structure / Declarations
    • Policy Structure / Definitions
    • Policy Structure / Insuring Agreement or Clause
    • Policy Structure / Additional/Supplementary Coverage
    • Policy Structure / Conditions
    • Policy Structure / Exclusions
    • Policy Structure / Endorsements
    • Common Policy Provisions
    • Common Policy Provisions / Insureds - Named, First Named, Additional
    • Common Policy Provisions / Policy Period
    • Common Policy Provisions / Policy Territory
    • Common Policy Provisions / Cancellation and Nonrenewal
    • Common Policy Provisions / Deductibles
    • Common Policy Provisions / Other Insurance
    • Common Policy Provisions / Other Insurance / Nonconcurrency
    • Common Policy Provisions / Other Insurance / Primary and Excess
    • Common Policy Provisions / Other Insurance / Pro Rata
    • Common Policy Provisions / Other Insurance / Contribution By Equal Shares
    • Common Policy Provisions / Limits of Liability
    • Common Policy Provisions / Limits of Liability / Per Occurrence (Accident)
    • Common Policy Provisions / Limits of Liability / Per Person
    • Common Policy Provisions / Limits of Liability / Split
    • Common Policy Provisions / Limits of Liability / Combined Single
    • Common Policy Provisions / Limits of Liability / Aggregate - General versus Products - Completed Operations
    • Common Policy Provisions / Named Insured Provisions
    • Common Policy Provisions / Named Insured Provisions / Duties after Loss
    • Common Policy Provisions / Named Insured Provisions / Assignment
    • Common Policy Provisions / Insurer Provisions
    • Common Policy Provisions / Insurer Provisions / Liberalization
    • Common Policy Provisions / Insurer Provisions / Subrogation
    • Common Policy Provisions / Insurer Provisions / Claim Settlement Options
    • Common Policy Provisions / Insurer Provisions / Duty to Defend
    • Common Policy Provisions / Third-Party Provisions
    • Common Policy Provisions / Third-Party Provisions / Standard Mortgage Clause
    • Common Policy Provisions / Third-Party Provisions / Loss Payable Clause
    • Common Policy Provisions / Indemnification Provisions
    • Role of Applications and Binders in Insurance Transactions
    • Insurance Claims Handling
    • Michigan Laws, Regulations, and Required Provisions
    • Michigan Laws, Regulations, and Required Provisions / Michigan Property and Casualty Guaranty Association (500.7901-.7949)
    • Michigan Laws, Regulations, and Required Provisions / Cancellation and Nonrenewal (500.2123, .3020)
    • Michigan Laws, Regulations, and Required Provisions / Terrorism Risk Insurance Program (15 U.S.C. 6701; Public Law 107-297, 109-144, 110-160)
    • Michigan Laws, Regulations, and Required Provisions / Termination of Authority to Represent Insurer (500.1209)
    • Essential Insurance Act (500.2101–.2131)
  • Homeowners Policy (6%)
    • Definitions
    • Section II - Liability Coverages
    • Section II - Liability Coverages / Coverage E - Personal Liability
    • Section II - Liability Coverages / Coverage F - Medical Payments to Others
    • Section II - Liability Coverages / Additional Coverages
    • Exclusions
    • Conditions
    • Selected Endorsements
    • Selected Endorsements / Special Provisions - Michigan
    • Selected Endorsements / Limited Fungi, Wet or Dry Rot, or Bacteria Coverage
    • Selected Endorsements / Permitted Incidental Occupancies - Residence
    • Selected Endorsements / Home Day Care
    • Selected Endorsements / Business Pursuits
    • Selected Endorsements / Watercraft
    • Selected Endorsements / Personal Injury
    • Selected Endorsements / Home Business Insurance Coverage
  • Automobile Insurance (15%)
    • Laws
    • Laws / Michigan Motor Vehicle Financial Responsibility Law
    • Laws / Michigan Motor Vehicle Financial Responsibility Law / Required Limits of Liability (RL 257.518b)
    • Laws / Michigan Motor Vehicle Financial Responsibility Law / Required Proof of Insurance (RL 257.328)
    • Laws / Michigan Automobile Insurance Placement Facility (500.3301)
    • Laws / No-Fault Automobile Coverage (500.3101)
    • Laws / No-Fault Automobile Coverage (500.3101) / Personal Injury Protection (500.3107, .3114)
    • Laws / No-Fault Automobile Coverage (500.3101) / Property Protection (500.3121)
    • Laws / No-Fault Automobile Coverage (500.3101) / Residual Liability (500.3131)
    • Laws / Cancellation and Nonrenewal
    • Laws / Cancellation and Nonrenewal / Grounds (500.3220)
    • Laws / Cancellation and Nonrenewal / Notice (500.3204, .3224)
    • Laws / Cancellation and Nonrenewal / Notice of Eligibility In Automobile Insurance Placement Facility (500.3301, .3365)
    • Laws / Rental Vehicle Coverage (500.3009, .3105(2))
    • Laws / Aftermarket Crash Parts Regulation (RL 257.1361-.1364)
    • Personal Automobile
    • Personal Automobile / Definitions
    • Personal Automobile / Liability Coverage
    • Personal Automobile / Liability Coverage / Bodily Injury and Property Damage
    • Personal Automobile / Liability Coverage / Supplementary Payments
    • Personal Automobile / Liability Coverage / Exclusions
    • Personal Automobile / Medical Payments Coverage
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / Definitions
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / Bodily Injury
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / UM/UIM Rejection
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / Required Limits
    • Personal Automobile / Coverage for Damage to your Automobile
    • Personal Automobile / Coverage for Damage to your Automobile / Collision
    • Personal Automobile / Coverage for Damage to your Automobile / Other than Collision (Comprehensive)
    • Personal Automobile / Coverage for Damage to your Automobile / Deductibles
    • Personal Automobile / Coverage for Damage to your Automobile / Transportation Expense
    • Personal Automobile / Duties After an Accident or Loss
    • Personal Automobile / Selected Endorsements
    • Personal Automobile / Selected Endorsements / Miscellaneous Type Vehicle
    • Personal Automobile / Selected Endorsements / Extended Non-Owned Coverage - Vehicles Furnished or Available for Regular Use - Michigan (Bulletin No. 96-02)
    • Personal Automobile / Selected Endorsements / Personal Injury Protection Coverage - Michigan (500.3107, .3108)
    • Personal Automobile / Selected Endorsements / Property Protection Coverage - Michigan (500.3121)
    • Commercial Automobile
    • Commercial Automobile / Commercial Automobile Coverage Forms
    • Commercial Automobile / Commercial Automobile Coverage Forms / Business Automobile
    • Commercial Automobile / Commercial Automobile Coverage Forms / Garage
    • Commercial Automobile / Commercial Automobile Coverage Forms / Business Automobile Physical Damage
    • Commercial Automobile / Commercial Automobile Coverage Forms / Truckers
    • Commercial Automobile / Commercial Automobile Coverage Forms / Motor Carrier
    • Commercial Automobile / Coverage Form Sections
    • Commercial Automobile / Coverage Form Sections / Covered Automobiles
    • Commercial Automobile / Coverage Form Sections / Liability Coverage
    • Commercial Automobile / Coverage Form Sections / Garagekeepers Coverage
    • Commercial Automobile / Coverage Form Sections / Physical Damage Coverage
    • Commercial Automobile / Coverage Form Sections / Exclusions
    • Commercial Automobile / Coverage Form Sections / Conditions
    • Commercial Automobile / Coverage Form Sections / Definitions
    • Commercial Automobile / Selected Endorsements
    • Commercial Automobile / Selected Endorsements / Additional Insured - Lessor Endorsement
    • Commercial Automobile / Selected Endorsements / Mobile Equipment
    • Commercial Automobile / Selected Endorsements / Michigan Personal Injury Protection (500.3107)
    • Commercial Automobile / Selected Endorsements / Drive Other Car Coverage
    • Commercial Automobile / Selected Endorsements / Michigan Property Protection Coverage
    • Commercial Automobile / Selected Endorsements / Individual Named Insured
    • Commercial Automobile / Commercial Carrier Regulations
    • Commercial Automobile / Commercial Carrier Regulations / The Motor Carrier Act of 1980
  • Commercial Package Policy (CPP) (12%)
    • Commercial General Liability
    • Commercial General Liability / Commercial General Liability Coverage Forms
    • Commercial General Liability / Commercial General Liability Coverage Forms / Bodily Injury and Property Damage Liability
    • Commercial General Liability / Commercial General Liability Coverage Forms / Personal and Advertising Injury Liability
    • Commercial General Liability / Commercial General Liability Coverage Forms / Medical Payments
    • Commercial General Liability / Commercial General Liability Coverage Forms / Exclusions
    • Commercial General Liability / Commercial General Liability Coverage Forms / Supplementary Payments
    • Commercial General Liability / Commercial General Liability Coverage Forms / Who is an Insured
    • Commercial General Liability / Commercial General Liability Coverage Forms / Limits of Insurance
    • Commercial General Liability / Commercial General Liability Coverage Forms / Conditions
    • Commercial General Liability / Commercial General Liability Coverage Forms / Definitions
    • Commercial General Liability / Occurrence versus Claims-Made
    • Commercial General Liability / Claims-Made Features
    • Commercial General Liability / Claims-Made Features / Trigger
    • Commercial General Liability / Claims-Made Features / Retroactive Date
    • Commercial General Liability / Claims-Made Features / Extended Reporting Periods – Basic versus Supplemental
    • Commercial General Liability / Claims-Made Features / Claim Information
    • Commercial General Liability / Premises and Operations
    • Commercial General Liability / Products and Completed Operations
    • Commercial General Liability / Insured Contract
    • Commercial General Liability / Owners and Contractors’ Protective Liability Coverage Form
    • Commercial General Liability / Pollution Liability Coverage Extension
    • Commercial Crime
    • Commercial Crime / General Definitions
    • Commercial Crime / General Definitions / Burglary
    • Commercial Crime / General Definitions / Theft
    • Commercial Crime / General Definitions / Robbery
    • Commercial Crime / Crime Coverage Forms
    • Commercial Crime / Crime Coverage Forms / Commercial Crime Coverage Forms (Discovery/Loss Sustained)
    • Commercial Crime / Coverages
    • Commercial Crime / Coverages / Employee Theft
    • Commercial Crime / Coverages / Forgery or Alteration
    • Commercial Crime / Coverages / Inside The Premises - Theft of Money and Securities
    • Commercial Crime / Coverages / Inside The Premises - Robbery or Safe Burglary of Other Property
    • Commercial Crime / Coverages / Outside the Premises
    • Commercial Crime / Coverages / Computer Fraud
    • Commercial Crime / Coverages / Funds Transfer Fraud
    • Commercial Crime / Coverages / Money Orders and Counterfeit Money
    • Farm Coverage
    • Farm Coverage / Mobile Agriculture Machinery and Equipment Coverage Form
    • Farm Coverage / Livestock Coverage Form
    • Farm Coverage / Definitions
    • Farm Coverage / Causes of Loss (Basic, Broad, and Special)
    • Farm Coverage / Conditions
    • Farm Coverage / Limits
    • Farm Coverage / Farm Liability Coverage Form
    • Farm Coverage / Farm Liability Coverage Form / Coverage H - Bodily Injury and Property Damage Liability
    • Farm Coverage / Farm Liability Coverage Form / Coverage I - Personal and Advertising Injury Liability
    • Farm Coverage / Farm Liability Coverage Form / Coverage J - Medical Payments
  • Businessowners Policy (5%)
    • Characteristics and Purpose
    • Businessowners Section II - Liability
    • Businessowners Section II - Liability / Coverages
    • Businessowners Section II - Liability / Exclusions
    • Businessowners Section II - Liability / Who is an Insured
    • Businessowners Section II - Liability / Limits of Insurance
    • Businessowners Section II - Liability / General Conditions
    • Businessowners Section II - Liability / Definitions
    • Businessowners Section III - Common Policy Conditions
    • Selected Endorsement
    • Selected Endorsement / Hired Automobile and Non-Owned Automobile Liability
  • Workers' Compensation Insurance (7%)
    • Workers' Compensation Laws
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Exclusive Remedy (418.131)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Employer Covered (Required) (418.115)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Covered Injuries (418.301)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Occupational Disease (418.401, .405, .411, .415, .425, .431, .435, .441)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Benefits Provided (418.301, .311, .315, .321, .345, .351)
    • Workers' Compensation Laws / Michigan Worker's Disability Compensation Act (Ch. 418) / Second Injury Fund (418.521)
    • Workers' Compensation Laws / Federal Workers' Compensation Laws
    • Workers' Compensation Laws / Federal Workers' Compensation Laws / Federal Employer Liability Act (FELA) (45 USC 51-60)
    • Workers' Compensation Laws / Federal Workers' Compensation Laws / U.S. Longshore and Harbor Workers Compensation Act (33 USC 904)
    • Workers' Compensation Laws / Federal Workers' Compensation Laws / The Jones Act (46 USC 688)
    • Workers' Compensation and Employers Liability Insurance Policy
    • Workers' Compensation and Employers Liability Insurance Policy / General Section
    • Workers' Compensation and Employers Liability Insurance Policy / Part One - Workers' Compensation Insurance
    • Workers' Compensation and Employers Liability Insurance Policy / Part Two - Employers Liability Insurance
    • Workers' Compensation and Employers Liability Insurance Policy / Part Three - Other States Insurance
    • Workers' Compensation and Employers Liability Insurance Policy / Part Four - Your Duties If Injury Occurs
    • Workers' Compensation and Employers Liability Insurance Policy / Part Five - Premium
    • Workers' Compensation and Employers Liability Insurance Policy / Part Six - Conditions
    • Workers' Compensation and Employers Liability Insurance Policy / Selected Endorsement
    • Workers' Compensation and Employers Liability Insurance Policy / Selected Endorsement / Voluntary Compensation
    • Premium Computation
    • Premium Computation / Job Classification - Payroll and Rates
    • Premium Computation / Experience Modification Factor
    • Premium Computation / Premium Discounts
    • Other Sources of Coverages
    • Other Sources of Coverages / Self-Insured Employers and Employer Groups (418.611)
    • Other Sources of Coverages / Michigan Workers’ Compensation Placement Facility
  • Other Coverages and Options (8%)
    • Umbrella/Excess Liability Policies
    • Umbrella/Excess Liability Policies / Personal
    • Umbrella/Excess Liability Policies / Commercial
    • Specialty Liability Insurance
    • Specialty Liability Insurance / Errors and Omissions
    • Specialty Liability Insurance / Professional Liability
    • Specialty Liability Insurance / Directors and Officers Liability
    • Specialty Liability Insurance / Fiduciary Liability
    • Specialty Liability Insurance / Liquor Liability
    • Specialty Liability Insurance / Employment Practices Liability
    • Surety Bonds
    • Surety Bonds / Principal, Obligee, Surety
    • Surety Bonds / Contract Bonds
    • Surety Bonds / License and Permit Bonds
    • Surety Bonds / Judicial Bonds
    • Other Policies
    • Other Policies / Boatowners
    • Surplus Lines
    • Surplus Lines / Definitions and Markets
    • Surplus Lines / Licensing Requirements
    • Alternative Funding Mechanisms
    • Alternative Funding Mechanisms / Self-Insured
    • Alternative Funding Mechanisms / Risk Retention Groups
    • Cyber Issues
    • Personal Liability Supplement
Examination sources

Michigan Personal Lines Producer/Solicitor

Provider
PSI Services LLC
Format
Computer-administered licensing examination at a PSI testing location
Exam questions
100 scored items; the candidate bulletin permits 1–10 additional unscored experimental items
Time limit
2 Hours
Passing score
75% (75 Correct to Pass)
Exam fee
$41
Examination outline
  • Insurance Regulation (10%)
    • Company Regulation
    • Company Regulation / Producer Appointment (500.1208a, .1208b, .1209, .1411)
    • Company Regulation / Termination of Appointment (500.1208b, .1209)
    • Producer Regulation
    • Producer Regulation / Duties (500.1201a, .1202)
    • Producer Regulation / Commissions (500.1240, .2011)
    • Producer Regulation / Types of Licensees (500.1206)
    • Producer Regulation / Types of Licensees (500.1206) / Producer (500.240, 500.1201, .1201a, .1204, .1205, .1206, .1206b, .1240)
    • Producer Regulation / Types of Licensees (500.1206) / Counselor (500.1232, .1234, .1236)
    • Producer Regulation / Types of Licensees (500.1206) / Business Entity (500.1201, .1205)
    • Producer Regulation / Maintenance and Duration
    • Producer Regulation / Maintenance and Duration / Change of Name and Address (500.1206(5), .1238(1))
    • Producer Regulation / Maintenance and Duration / Reporting of Actions (500.1208b, .1239, .1244, .1246, .1247)
    • Producer Regulation / Maintenance and Duration / Assumed Names (500.1211a)
    • Producer Regulation / Maintenance and Duration / Continuing Education Requirements (500.1204, .1204c, .1206)
    • Producer Regulation / Disciplinary Actions
    • Producer Regulation / Disciplinary Actions / Cease and Desist Order (500.1244, .2038)
    • Producer Regulation / Disciplinary Actions / Suspension, Revocation, Refusal to Issue or Renew (500.1200, .1209, .1239, .1244, .1379, .2029, .2043)
    • Producer Regulation / Disciplinary Actions / Penalties and Fines (500.1242, .1244, .1379, .2038, .2040, .2064, .2069)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Misrepresentation (500.2005, .2005a, .2055, .2057, .2064, .2218)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / False Information and Advertising (500.2001, .2002, .2005, .2005a, .2007, .2055, .2057, .2064; R500.651-.659; R500.1371-.1387)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Inducement (500.2005(f), .2024, .2064(2), .2066, .2069, .2070)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / False Statement (500.1015, .2014, .2018, .2055, .2062, .2474, .2666)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Deception (500.2007, .2009; 600.2911)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Boycott, Coercion, and Intimidation (500.1242, .2012)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Unfair Discrimination (500.2019, .2020, .2027, .2082)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Rebating (500.2024b, .2066, .2069, .2070)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Fiduciary Responsibilities (500.1207)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Forgery (500.1239)
    • Insurance Fraud Regulation (500.2088, .4501, .4503, .4507, .4511, 752.1005)
    • Consumer Privacy Regulation (500.501, .503, .505, .507, .513, .515, .533, .535, .2005a, .4501, .4507, .4509; R500.551-.560)
  • General Insurance (15%)
    • Concepts
    • Concepts / Risk Management Key Terms
    • Concepts / Risk Management Key Terms / Risk
    • Concepts / Risk Management Key Terms / Exposure
    • Concepts / Risk Management Key Terms / Hazard
    • Concepts / Risk Management Key Terms / Peril
    • Concepts / Risk Management Key Terms / Loss
    • Concepts / Methods of Handling Risk
    • Concepts / Methods of Handling Risk / Avoidance
    • Concepts / Methods of Handling Risk / Retention
    • Concepts / Methods of Handling Risk / Sharing
    • Concepts / Methods of Handling Risk / Reduction
    • Concepts / Methods of Handling Risk / Transfer
    • Concepts / Elements of Insurable Risks
    • Concepts / Adverse Selection
    • Concepts / Law of Large Numbers
    • Concepts / Reinsurance
    • Insurers
    • Insurers / Types of Insurers
    • Insurers / Types of Insurers / Stock Companies
    • Insurers / Types of Insurers / Mutual Companies
    • Insurers / Financial Status (Independent Rating Services)
    • Insurers / Distribution Systems
    • Producers and General Rules of Agency
    • Producers and General Rules of Agency / Producer/Insurer Relationship
    • Producers and General Rules of Agency / Authority and Powers of Producers
    • Producers and General Rules of Agency / Authority and Powers of Producers / Express
    • Producers and General Rules of Agency / Authority and Powers of Producers / Implied
    • Producers and General Rules of Agency / Authority and Powers of Producers / Apparent
    • Producers and General Rules of Agency / Responsibilities to the Applicant/Insured
    • Contracts
    • Contracts / Elements of a Legal Contract
    • Contracts / Elements of a Legal Contract / Offer and Acceptance
    • Contracts / Elements of a Legal Contract / Consideration
    • Contracts / Elements of a Legal Contract / Competent Parties
    • Contracts / Elements of a Legal Contract / Legal Purpose
    • Contracts / Distinct Characteristics of an Insurance Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion / Aleatory Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion / Personal Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion / Unilateral Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion / Conditional Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Ambiguities in a Contract of Adhesion
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Reasonable Expectations
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Indemnity
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Utmost Good Faith
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Representations/Misrepresentations
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Warranties
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Concealment
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Fraud
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Waiver and Estoppel
  • Property and Casualty Insurance Basics (25%)
    • Principles and Concepts
    • Principles and Concepts / Insurable Interest
    • Principles and Concepts / Underwriting
    • Principles and Concepts / Underwriting / Function
    • Principles and Concepts / Underwriting / Loss Ratio
    • Principles and Concepts / Hazards
    • Principles and Concepts / Hazards / Physical
    • Principles and Concepts / Hazards / Moral
    • Principles and Concepts / Hazards / Morale
    • Principles and Concepts / Negligence
    • Principles and Concepts / Negligence / Elements of a Negligent Act
    • Principles and Concepts / Negligence / Defenses Against Negligence
    • Principles and Concepts / Damages
    • Principles and Concepts / Damages / Compensatory - Special versus General
    • Principles and Concepts / Damages / Punitive
    • Principles and Concepts / Absolute Liability
    • Principles and Concepts / Strict Liability
    • Principles and Concepts / Vicarious Liability
    • Principles and Concepts / Causes of Loss (Perils)
    • Principles and Concepts / Named Perils versus Special (Open) Perils
    • Principles and Concepts / Direct Loss
    • Principles and Concepts / Consequential or Indirect Loss
    • Principles and Concepts / Blanket versus Specific Insurance
    • Principles and Concepts / Basic Types of Construction
    • Principles and Concepts / Loss Valuation
    • Principles and Concepts / Loss Valuation / Actual Cash Value
    • Principles and Concepts / Loss Valuation / Replacement Cost
    • Principles and Concepts / Loss Valuation / Functional Replacement Cost
    • Principles and Concepts / Loss Valuation / Agreed Value
    • Principles and Concepts / Loss Valuation / Stated Amount
    • Policy Structure
    • Policy Structure / Declarations
    • Policy Structure / Definitions
    • Policy Structure / Insuring Agreement or Clause
    • Policy Structure / Additional/Supplementary Coverage
    • Policy Structure / Conditions
    • Policy Structure / Exclusions
    • Policy Structure / Endorsements
    • Common Policy Provisions
    • Common Policy Provisions / Insureds - Named, Additional
    • Common Policy Provisions / Policy Period
    • Common Policy Provisions / Policy Territory
    • Common Policy Provisions / Cancellation and Nonrenewal
    • Common Policy Provisions / Deductibles
    • Common Policy Provisions / Other Insurance
    • Common Policy Provisions / Other Insurance / Nonconcurrency
    • Common Policy Provisions / Other Insurance / Primary and Excess
    • Common Policy Provisions / Other Insurance / Pro Rata
    • Common Policy Provisions / Other Insurance / Contribution by Equal Shares
    • Common Policy Provisions / Limits of Liability
    • Common Policy Provisions / Limits of Liability / Per Occurrence (Accident)
    • Common Policy Provisions / Limits of Liability / Per Person
    • Common Policy Provisions / Limits of Liability / Split
    • Common Policy Provisions / Limits of Liability / Combined Single
    • Common Policy Provisions / Property Limits
    • Common Policy Provisions / Restoration/Nonreduction of Limits
    • Common Policy Provisions / Coinsurance
    • Common Policy Provisions / Vacancy or Unoccupancy
    • Common Policy Provisions / Named Insured Provisions
    • Common Policy Provisions / Named Insured Provisions / Duties after Loss
    • Common Policy Provisions / Named Insured Provisions / Assignment
    • Common Policy Provisions / Named Insured Provisions / Abandonment
    • Common Policy Provisions / Insurer Provisions
    • Common Policy Provisions / Insurer Provisions / Liberalization
    • Common Policy Provisions / Insurer Provisions / Subrogation
    • Common Policy Provisions / Insurer Provisions / Salvage
    • Common Policy Provisions / Insurer Provisions / Claim Settlement Options
    • Common Policy Provisions / Insurer Provisions / Duty to Defend
    • Common Policy Provisions / Third-Party Provisions
    • Common Policy Provisions / Third-Party Provisions / Standard Mortgage Clause
    • Common Policy Provisions / Third-Party Provisions / Loss Payable Clause
    • Common Policy Provisions / Indemnification Provisions
    • Role of Applications and Binders in Insurance Transactions
    • Insurance Claims Handling
    • Michigan Laws, Regulations, and Required Provisions
    • Michigan Laws, Regulations, and Required Provisions / Michigan Property and Casualty Guaranty Association (500.7901-.7949)
    • Michigan Laws, Regulations, and Required Provisions / Mandatory Fire Policy Provisions (500.2833)
    • Michigan Laws, Regulations, and Required Provisions / Cancellation and Nonrenewal (500.2123, .3020)
    • Michigan Laws, Regulations, and Required Provisions / Appraisal (500.2833)
    • Michigan Laws, Regulations, and Required Provisions / Termination of Authority to Represent Insurer (500.1209)
    • Essential Insurance Act (500.2101-.2131)
  • Dwelling Policy (5%)
    • Characteristics and Purpose
    • Property Coverages
    • Property Coverages / Coverage A - Dwelling
    • Property Coverages / Coverage B - Other Structures
    • Property Coverages / Coverage C - Personal Property
    • Property Coverages / Coverage D - Fair Rental Value
    • Property Coverages / Coverage E - Additional Living Expense
    • Property Coverages / Other Coverages
    • General Exclusions
    • Conditions
    • Selected Endorsements
    • Selected Endorsements / Special Provisions - Michigan
    • Selected Endorsements / Automatic Increase in Insurance
    • Selected Endorsements / Broad Theft Coverage
    • Selected Endorsements / Dwelling Under Construction
    • Personal Liability Supplement
  • Homeowners Policy (20%)
    • Coverage Forms
    • Coverage Forms / HO-2 through HO-8
    • Coverage Forms / Special
    • Definitions
    • Section I - Property Coverages
    • Section I - Property Coverages / Coverage A - Dwelling
    • Section I - Property Coverages / Coverage B - Other Structures
    • Section I - Property Coverages / Coverage C - Personal Property
    • Section I - Property Coverages / Coverage D - Loss of Use
    • Section I - Property Coverages / Additional Coverages
    • Section II - Liability Coverages
    • Section II - Liability Coverages / Coverage E - Personal Liability
    • Section II - Liability Coverages / Coverage F - Medical Payments to Others
    • Section II - Liability Coverages / Additional Coverages
    • Perils Insured Against
    • Exclusions
    • Conditions
    • Selected Endorsements
    • Selected Endorsements / Special Provisions - Michigan
    • Selected Endorsements / Limited Fungi, Wet or Dry Rot, or Bacteria Coverage
    • Selected Endorsements / Permitted Incidental Occupancies - Residence Premises
    • Selected Endorsements / Earthquake
    • Selected Endorsements / Scheduled Personal Property/Personal Articles Floater
    • Selected Endorsements / Personal Property Replacement Cost
    • Selected Endorsements / Home Day Care
    • Selected Endorsements / Business Pursuits
    • Selected Endorsements / Watercraft
    • Selected Endorsements / Personal Injury
    • Selected Endorsements / Home Business Insurance Coverage
  • Automobile Insurance (20%)
    • Laws
    • Laws / Michigan Motor Vehicle Financial Responsibility Law
    • Laws / Michigan Motor Vehicle Financial Responsibility Law / Required Limits of Liability (RL 257.518b)
    • Laws / Michigan Motor Vehicle Financial Responsibility Law / Required Proof of Insurance (RL 257.328)
    • Laws / Michigan Automobile Insurance Placement Facility (500.3301)
    • Laws / No-Fault Automobile Coverage (500.3101)
    • Laws / No-Fault Automobile Coverage (500.3101) / Personal Injury Protection (500.3107, .3114)
    • Laws / No-Fault Automobile Coverage (500.3101) / Property Protection (500.3121)
    • Laws / No-Fault Automobile Coverage (500.3101) / Residual Liability (500.3131)
    • Laws / Cancellation and Nonrenewal
    • Laws / Cancellation and Nonrenewal / Grounds (500.3220)
    • Laws / Cancellation and Nonrenewal / Notice (500.3204, .3224)
    • Laws / Cancellation and Nonrenewal / Notice of Eligibility in Automobile Insurance Placement Facility (500.3301, .3365)
    • Laws / Rental Vehicle Coverage (500.3009, .3105(2))
    • Laws / Aftermarket Crash Parts Regulation (RL 257.1361-.1364)
    • Personal Automobile
    • Personal Automobile / Definitions
    • Personal Automobile / Liability Coverage
    • Personal Automobile / Liability Coverage / Bodily Injury and Property Damage
    • Personal Automobile / Liability Coverage / Supplementary Payments
    • Personal Automobile / Liability Coverage / Exclusions
    • Personal Automobile / Medical Payments Coverage
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / Definitions
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / Bodily Injury
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / UM/UIM Rejection
    • Personal Automobile / Uninsured/Underinsured Motorists Coverage / Required Limits
    • Personal Automobile / Coverage for Damage to your Automobile
    • Personal Automobile / Coverage for Damage to your Automobile / Collision
    • Personal Automobile / Coverage for Damage to your Automobile / Other than Collision (Comprehensive)
    • Personal Automobile / Coverage for Damage to your Automobile / Deductibles
    • Personal Automobile / Coverage for Damage to your Automobile / Transportation Expense
    • Personal Automobile / Duties after an Accident or Loss
    • Personal Automobile / Selected Endorsements
    • Personal Automobile / Selected Endorsements / Miscellaneous Type Vehicle
    • Personal Automobile / Selected Endorsements / Extended Non-Owned Coverage - Vehicles Furnished or Available for Regular Use - Michigan (Bulletin No. 96-02)
    • Personal Automobile / Selected Endorsements / Personal Injury Protection Coverage - Michigan (500.3107, .3108)
    • Personal Automobile / Selected Endorsements / Property Protection Coverage - Michigan (500.3121)
  • Other Coverages and Options (5%)
    • Umbrella/Excess Liability Policies
    • Umbrella/Excess Liability Policies / Personal
    • National Flood Insurance Program
    • National Flood Insurance Program / "Write Your Own" versus Government
    • National Flood Insurance Program / Coverage
    • National Flood Insurance Program / Limits
    • National Flood Insurance Program / Deductibles
    • Surplus Lines
    • Surplus Lines / Definitions and Markets
    • Surplus Lines / Licensing Requirements
    • Other Policies
    • Other Policies / Boatowners
    • Other Policies / Miscellaneous (Recreational) Type Vehicles
    • Cyber Issues
Examination sources

Michigan Property Producer/Solicitor

Provider
PSI Services LLC
Format
Computer-administered written examination
Exam questions
100 scored items, plus possible unscored experimental items
Time limit
2 hours
Passing score
75% (75 correct to pass)
Examination outline
  • Insurance Regulation (10%)
    • Company Regulation
    • Company Regulation / Producer Appointment (500.1208a, .1208b, .1209, .1411)
    • Company Regulation / Termination of Appointment (500.1208b, .1209)
    • Producer Regulation
    • Producer Regulation / Duties (500.1201a, .1202)
    • Producer Regulation / Commissions (500.1240, .2011)
    • Producer Regulation / Types of Licensees (500.1206)
    • Producer Regulation / Types of Licensees (500.1206) / Producer (500.240, 500.1201, .1201a, .1204, .1205, .1206, .1206b, .1240)
    • Producer Regulation / Types of Licensees (500.1206) / Counselor (500.1232, .1234, .1236)
    • Producer Regulation / Types of Licensees (500.1206) / Business Entity (500.1201, .1205)
    • Producer Regulation / Maintenance and Duration
    • Producer Regulation / Maintenance and Duration / Change of Name and Address (500.1206(5), .1238(1))
    • Producer Regulation / Maintenance and Duration / Reporting of Actions (500.1208b, .1239, .1244, .1246, .1247)
    • Producer Regulation / Maintenance and Duration / Assumed Names (500.1211a)
    • Producer Regulation / Maintenance and Duration / Continuing Education Requirements (500.1204, .1204c, .1204f, .1206)
    • Producer Regulation / Disciplinary Actions
    • Producer Regulation / Disciplinary Actions / Cease and Desist Order (500.1244, .2038)
    • Producer Regulation / Disciplinary Actions / Suspension, Revocation, Refusal to Issue or Renew (500.1200, .1209, .1239, .1244, .1379, .2029, .2043)
    • Producer Regulation / Disciplinary Actions / Penalties and Fines (500.1242, .1244, .1379, .2038, .2040, .2064, .2069)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Misrepresentation (500.2005, .2005a, .2055, .2057, .2064, .2218)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / False Information and Advertising (500.2001, .2002, .2005, .2005a, .2007, .2055, .2057, .2064; R500.651-.659; R500.1371-.1387)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Inducement (500.2005(f), .2024, .2064(2), .2066, .2069, .2070)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / False Statement (500.1015, .2014, .2018, .2055, .2062, .2474, .2666)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Deception (500.2007, .2009; 600.2911)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Boycott, Coercion, and Intimidation (500.1242, .2012)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Unfair Discrimination (500.2019, .2020, .2027, .2082)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Rebating (500.2024b, .2066, .2069, .2070)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Fiduciary Responsibilities (500.1207)
    • Producer Regulation / Unfair and Prohibited Insurance Trade Practices (500.1207, .1216, .1239, .1244, .2003, .2006-.2014, .2016-.2021, .2026, .2029, .2059, .2062) / Forgery (500.1239)
    • Insurance Fraud Regulation (500.2088, .4501, .4503, .4507, .4511, 752.1005)
    • Consumer Privacy Regulation (500.501, .503, .505, .507, .513, .515, .533, .535, .2005a, .4501, .4507, .4509; R500.551-.560)
  • General Insurance (15%)
    • Concepts
    • Concepts / Risk Management Key Terms
    • Concepts / Risk Management Key Terms / Risk
    • Concepts / Risk Management Key Terms / Exposure
    • Concepts / Risk Management Key Terms / Hazard
    • Concepts / Risk Management Key Terms / Peril
    • Concepts / Risk Management Key Terms / Loss
    • Concepts / Methods of Handling Risk
    • Concepts / Methods of Handling Risk / Avoidance
    • Concepts / Methods of Handling Risk / Retention
    • Concepts / Methods of Handling Risk / Sharing
    • Concepts / Methods of Handling Risk / Reduction
    • Concepts / Methods of Handling Risk / Transfer
    • Concepts / Elements of Insurable Risks
    • Concepts / Adverse Selection
    • Concepts / Law of Large Numbers
    • Concepts / Reinsurance
    • Insurers
    • Insurers / Types of Insurers
    • Insurers / Types of Insurers / Stock Companies
    • Insurers / Types of Insurers / Mutual Companies
    • Insurers / Financial Status (Independent Rating Services)
    • Insurers / Distribution Systems
    • Producers and General Rules of Agency
    • Producers and General Rules of Agency / Producer/Insurer Relationship
    • Producers and General Rules of Agency / Authority and Powers of Producers
    • Producers and General Rules of Agency / Authority and Powers of Producers / Express
    • Producers and General Rules of Agency / Authority and Powers of Producers / Implied
    • Producers and General Rules of Agency / Authority and Powers of Producers / Apparent
    • Producers and General Rules of Agency / Responsibilities to the Applicant/Insured
    • Contracts
    • Contracts / Elements of a Legal Contract
    • Contracts / Elements of a Legal Contract / Offer and Acceptance
    • Contracts / Elements of a Legal Contract / Consideration
    • Contracts / Elements of a Legal Contract / Competent Parties
    • Contracts / Elements of a Legal Contract / Legal Purpose
    • Contracts / Distinct Characteristics of an Insurance Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Contract of Adhesion
    • Contracts / Distinct Characteristics of an Insurance Contract / Aleatory Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Personal Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Unilateral Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Conditional Contract
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Ambiguities in a Contract of Adhesion
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Reasonable Expectations
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Indemnity
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Utmost Good Faith
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Representations/Misrepresentations
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Warranties
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Concealment
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Fraud
    • Contracts / Distinct Characteristics of an Insurance Contract / Legal Interpretations affecting Contracts / Waiver and Estoppel
  • Property Insurance Basics (25%)
    • Principles and Concepts
    • Principles and Concepts / Insurable Interest
    • Principles and Concepts / Underwriting
    • Principles and Concepts / Underwriting / Function
    • Principles and Concepts / Underwriting / Loss Ratio
    • Principles and Concepts / Hazards
    • Principles and Concepts / Hazards / Physical
    • Principles and Concepts / Hazards / Moral
    • Principles and Concepts / Hazards / Morale
    • Principles and Concepts / Causes of Loss (Perils)
    • Principles and Concepts / Named Perils versus Special (Open) Perils
    • Principles and Concepts / Direct Loss
    • Principles and Concepts / Consequential or Indirect Loss
    • Principles and Concepts / Blanket versus Specific Insurance
    • Principles and Concepts / Basic Types of Construction
    • Principles and Concepts / Loss Valuation
    • Principles and Concepts / Loss Valuation / Actual Cash Value
    • Principles and Concepts / Loss Valuation / Replacement Cost
    • Principles and Concepts / Loss Valuation / Functional Replacement Cost
    • Principles and Concepts / Loss Valuation / Agreed Value
    • Principles and Concepts / Loss Valuation / Stated Amount
    • Policy Structure
    • Policy Structure / Declarations
    • Policy Structure / Definitions
    • Policy Structure / Insuring Agreement or Clause
    • Policy Structure / Additional/Supplementary Coverage
    • Policy Structure / Conditions
    • Policy Structure / Exclusions
    • Policy Structure / Endorsements
    • Common Policy Provisions
    • Common Policy Provisions / Insureds - Named, First Named, Additional
    • Common Policy Provisions / Policy Period
    • Common Policy Provisions / Policy Territory
    • Common Policy Provisions / Cancellation and Nonrenewal
    • Common Policy Provisions / Deductibles
    • Common Policy Provisions / Other Insurance
    • Common Policy Provisions / Other Insurance / Nonconcurrency
    • Common Policy Provisions / Other Insurance / Primary and Excess
    • Common Policy Provisions / Other Insurance / Pro Rata
    • Common Policy Provisions / Property Limits
    • Common Policy Provisions / Restoration/Nonreduction of Limits
    • Common Policy Provisions / Coinsurance
    • Common Policy Provisions / Vacancy or Unoccupancy
    • Common Policy Provisions / Named Insured Provisions
    • Common Policy Provisions / Named Insured Provisions / Duties after Loss
    • Common Policy Provisions / Named Insured Provisions / Assignment
    • Common Policy Provisions / Named Insured Provisions / Abandonment
    • Common Policy Provisions / Insurer Provisions
    • Common Policy Provisions / Insurer Provisions / Liberalization
    • Common Policy Provisions / Insurer Provisions / Subrogation
    • Common Policy Provisions / Insurer Provisions / Salvage
    • Common Policy Provisions / Insurer Provisions / Claim Settlement Options
    • Common Policy Provisions / Third-Party Provisions
    • Common Policy Provisions / Third-Party Provisions / Standard Mortgage Clause
    • Common Policy Provisions / Third-Party Provisions / Loss Payable Clause
    • Common Policy Provisions / Third-Party Provisions / No Benefit to the Bailee
    • Common Policy Provisions / Indemnification Provisions
    • Role of Applications and Binders in Insurance Transactions
    • Insurance Claims Handling
    • Michigan Laws, Regulations, and Required Provisions
    • Michigan Laws, Regulations, and Required Provisions / Michigan Property and Casualty Guaranty Association (500.7901-.7949)
    • Michigan Laws, Regulations, and Required Provisions / Mandatory Fire Policy Provisions (500.2833)
    • Michigan Laws, Regulations, and Required Provisions / Cancellation and Nonrenewal (500.2123, .3020)
    • Michigan Laws, Regulations, and Required Provisions / Appraisal (500.2833)
    • Michigan Laws, Regulations, and Required Provisions / Terrorism Risk Insurance Program (15 U.S.C. 6701; Public Law 107-297, 109-144, 110-160)
    • Michigan Laws, Regulations, and Required Provisions / Termination of Authority to Represent Insurer (500.1209)
    • Essential Insurance Act (500.2101-.2131)
  • Dwelling Policy (8%)
    • Characteristics and Purpose
    • Property Coverages
    • Property Coverages / Coverage A - Dwelling
    • Property Coverages / Coverage B - Other Structures
    • Property Coverages / Coverage C - Personal Property
    • Property Coverages / Coverage D - Fair Rental Value
    • Property Coverages / Coverage E - Additional Living Expense
    • Property Coverages / Other Coverages
    • General Exclusions
    • Conditions
    • Selected Endorsements
    • Selected Endorsements / Special Provisions - Michigan
    • Selected Endorsements / Automatic Increase in Insurance
    • Selected Endorsements / Broad Theft Coverage
    • Selected Endorsements / Dwelling Under Construction
  • Homeowners Policy (13%)
    • Coverage Forms
    • Coverage Forms / HO-2 through HO-8
    • Coverage Forms / Special
    • Definitions
    • Section I - Property Coverages
    • Section I - Property Coverages / Coverage A - Dwelling
    • Section I - Property Coverages / Coverage B - Other Structures
    • Section I - Property Coverages / Coverage C - Personal Property
    • Section I - Property Coverages / Coverage D - Loss of Use
    • Section I - Property Coverages / Additional Coverages
    • Perils Insured Against
    • Exclusions
    • Conditions
    • Selected Endorsements
    • Selected Endorsements / Special Provisions - Michigan
    • Selected Endorsements / Limited Fungi, Wet or Dry Rot, or Bacteria Coverage
    • Selected Endorsements / Permitted Incidental Occupancies - Residence
    • Selected Endorsements / Earthquake
    • Selected Endorsements / Scheduled Personal Property/Personal Articles Floater
    • Selected Endorsements / Personal Property Replacement Cost
    • Selected Endorsements / Home Day Care
    • Selected Endorsements / Watercraft
    • Selected Endorsements / Home Business Insurance Coverage
  • Commercial Package Policy (CPP) (14%)
    • Components of a Commercial Policy
    • Components of a Commercial Policy / Common Policy Declarations
    • Components of a Commercial Policy / Common Policy Conditions
    • Components of a Commercial Policy / Interline Endorsements
    • Components of a Commercial Policy / One or More Coverage Parts
    • Commercial Property
    • Commercial Property / Commercial Property Conditions Form
    • Commercial Property / Coverage Forms
    • Commercial Property / Coverage Forms / Building and Personal Property
    • Commercial Property / Coverage Forms / Condominium Association
    • Commercial Property / Coverage Forms / Condominium Commercial Unit-Owners
    • Commercial Property / Coverage Forms / Builders Risk
    • Commercial Property / Coverage Forms / Business Income
    • Commercial Property / Coverage Forms / Legal Liability
    • Commercial Property / Coverage Forms / Extra Expense
    • Commercial Property / Causes of Loss Forms
    • Commercial Property / Causes of Loss Forms / Basic
    • Commercial Property / Causes of Loss Forms / Broad
    • Commercial Property / Causes of Loss Forms / Special
    • Commercial Property / Selected Endorsements
    • Commercial Property / Selected Endorsements / Ordinance or Law
    • Commercial Property / Selected Endorsements / Spoilage
    • Commercial Property / Selected Endorsements / Peak Season Limit of Insurance
    • Commercial Property / Selected Endorsements / Value Reporting Form
    • Commercial Crime
    • Commercial Crime / General Definitions
    • Commercial Crime / General Definitions / Burglary
    • Commercial Crime / General Definitions / Theft
    • Commercial Crime / General Definitions / Robbery
    • Commercial Crime / Coverages
    • Commercial Crime / Coverages / Employee Theft
    • Commercial Crime / Coverages / Forgery or Alteration
    • Commercial Crime / Coverages / Inside the Premises - Robbery or Safe Burglary of Other Property
    • Commercial Crime / Coverages / Outside the Premises
    • Commercial Crime / Coverages / Funds Transfer Fraud
    • Commercial Crime / Coverages / Money Orders and Counterfeit Money
    • Commercial Inland Marine
    • Commercial Inland Marine / Nationwide Marine Definition
    • Commercial Inland Marine / Commercial Inland Marine Conditions Form
    • Commercial Inland Marine / Inland Marine Coverage Forms
    • Commercial Inland Marine / Inland Marine Coverage Forms / Accounts Receivable
    • Commercial Inland Marine / Inland Marine Coverage Forms / Bailee's Customer
    • Commercial Inland Marine / Inland Marine Coverage Forms / Commercial Articles
    • Commercial Inland Marine / Inland Marine Coverage Forms / Contractors Equipment Floater
    • Commercial Inland Marine / Inland Marine Coverage Forms / Electronic Data Processing
    • Commercial Inland Marine / Inland Marine Coverage Forms / Equipment Dealers
    • Commercial Inland Marine / Inland Marine Coverage Forms / Installation Floater
    • Commercial Inland Marine / Inland Marine Coverage Forms / Jewelers Block
    • Commercial Inland Marine / Inland Marine Coverage Forms / Signs
    • Commercial Inland Marine / Inland Marine Coverage Forms / Valuable Papers and Records
    • Commercial Inland Marine / Transportation Coverages
    • Commercial Inland Marine / Transportation Coverages / Common Carrier Cargo Liability
    • Commercial Inland Marine / Transportation Coverages / Motor Truck Cargo Forms
    • Commercial Inland Marine / Transportation Coverages / Transit Coverage Forms
    • Equipment Breakdown
    • Equipment Breakdown / Equipment Breakdown Protection Coverage Form
    • Equipment Breakdown / Selected Endorsement
    • Equipment Breakdown / Selected Endorsement / Actual Cash Value
    • Farm Coverage
    • Farm Coverage / Farm Property Coverage Form
    • Farm Coverage / Farm Property Coverage Form / Coverage A - Dwellings
    • Farm Coverage / Farm Property Coverage Form / Coverage B - Other Private Structures
    • Farm Coverage / Farm Property Coverage Form / Coverage C - Household Personal Property
    • Farm Coverage / Farm Property Coverage Form / Coverage D - Loss of Use
    • Farm Coverage / Farm Property Coverage Form / Coverage E - Scheduled Farm Personal Property
    • Farm Coverage / Farm Property Coverage Form / Coverage F - Unscheduled Farm Personal Property
    • Farm Coverage / Farm Property Coverage Form / Coverage G - Other Farm Structures
    • Farm Coverage / Mobile Agriculture Machinery and Equipment Coverage Form
    • Farm Coverage / Livestock Coverage Form
    • Farm Coverage / Definitions
    • Farm Coverage / Causes of Loss (Basic, Broad, and Special)
    • Farm Coverage / Conditions
    • Farm Coverage / Exclusions
    • Farm Coverage / Limits
    • Farm Coverage / Additional Coverages
  • Businessowners Policy (10%)
    • Characteristics and Purpose
    • Businessowners Section I - Property
    • Businessowners Section I - Property / Coverage
    • Businessowners Section I - Property / Exclusions
    • Businessowners Section I - Property / Limits of Insurance
    • Businessowners Section I - Property / Deductibles
    • Businessowners Section I - Property / Loss Conditions
    • Businessowners Section I - Property / General Conditions
    • Businessowners Section I - Property / Optional Coverages
    • Businessowners Section I - Property / Definitions
    • Businessowners Section III - Common Policy Conditions
    • Selected Endorsements
    • Selected Endorsements / Protective Safeguards
    • Selected Endorsements / Utility Services - Direct Damage
    • Selected Endorsements / Utility Services - Time Element
  • Other Coverages and Options (5%)
    • National Flood Insurance Program
    • National Flood Insurance Program / "Write Your Own" versus Government
    • National Flood Insurance Program / Coverage
    • National Flood Insurance Program / Limits
    • National Flood Insurance Program / Deductibles
    • Other Policies
    • Other Policies / Boatowners
    • Other Policies / Miscellaneous (Recreational) Type Vehicles
    • Surplus Lines
    • Surplus Lines / Definitions and Markets
    • Surplus Lines / Licensing Requirements
    • Alternative Funding Mechanisms
    • Alternative Funding Mechanisms / Self-Insured
    • Alternative Funding Mechanisms / Risk Retention Groups
Examination sources
  • 16 67

    Page 1, official examination name and series number

  • 16 67

    Page 1, complete published content outline body

  • 16 67

    Page 2, complete published content outline body

  • 16 67

    Page 3, complete published content outline body

  • 16 67

    Page 4, complete published content outline body

  • 16 67

    Page 5, complete published content outline body

  • 16 67

    Page 1, questions, time and scored passing requirement

  • Bulletin

    Page 8, computer administration and question screen

  • Bulletin

    Page 8, examination result reporting

  • Bulletin

    Page 2, Examinations by PSI Services LLC: covered licensing applicants

  • Bulletin

    Page 2, examinations requiring PE: Property Producer/Solicitor 16-67 row