Property and casualty insurance producer licence (national portion) flashcards

What's in it

Every deck follows the course outline, with tags you can study or suspend topic by topic. Open a deck to study its free sample right here.

Study guide

Topics covered

The decks follow the order of the course outline. Numbers are cards per topic.

• Insurance Basics 17
• Insurers · Producers & Markets 16
• Contract Law 13
• Policy Structure 13
• Valuation · Limits & Coinsurance 20
• Common Conditions 20
• Homeowners 53
  • Endorsements 4
  • Forms & Insureds 7
  • Loss Settlement 4
  • Perils & Exclusions 9
  • Section I Coverages 15
  • Section II Liability 9
• Dwelling Policies 11
• Flood & Earthquake 21
  • Earthquake 2
  • Flood 15
• Personal Auto 54
  • Definitions & Eligibility 7
  • Duties & General Provisions 5
  • Medical Payments & Uninsured Motorists 8
  • No-Fault & Residual Markets 6
  • Part A Liability 13
  • Part D Physical Damage 10
• Umbrella & Recreational 18
  • Personal Umbrella 6
  • Recreational Vehicles & Watercraft 6
  • Commercial Umbrella & Excess 3
• Commercial Property 37
  • Builders Risk & Reporting 6
  • Building & Personal Property Form 11
  • Causes of Loss 8
  • Farm Coverage 2
  • Package Policy & Common Conditions 6
• Business Income 14
• Businessowners Policy 8
• Inland & Ocean Marine 18
  • Inland Marine 8
  • Ocean Marine 7
• Crime & Equipment Breakdown 13
  • Crime 7
  • Equipment Breakdown 3
• Tort Law 21
  • Defenses 5
  • Negligence 6
  • Strict & Vicarious Liability and Damages 7
• Commercial General Liability 24
  • Coverages & Exclusions 7
  • Insureds & Limits 6
  • Occurrence & Claims-Made 7
• Professional & Commercial Auto 15
  • Business Auto 7
  • Professional Liability 5
• Workers Compensation 20
  • Federal Programs 3
  • Policy & Premium 6
  • Principles & Benefits 7
• Surety Bonds 10

A study plan

• 16 new cards a day covers everything in a month, leaving the last weeks for review.
• 8 new cards a day covers everything in two months, leaving the last weeks for review.
• 6 new cards a day covers everything in three months, leaving the last weeks for review.

Willys schedules reviews for you (FSRS spaced repetition), so the daily number above is only for new cards; reviews of what you have learned come back on their own. Study a topic's cards right after you meet it in class, suspend topics you have not reached yet, and use the app's quiz mode in the final two weeks.

How to get these decks

1. Install Willys on your iPhone, iPad or Mac — App Store. 14-day free trial, then $14.99 a year.
2. In Willys, tap Exam Library at the top of your Decks (or Browse Exam Library… under the + button), find the exam on its shelf or by search, tick it and tap Add.
3. Study. The exam comes in as its own collapsible folder, every card scheduled by FSRS spaced repetition. Nothing you already have is changed.

About these cards

Review status: Second-reader reviewed, with corrections applied.

Checked against:

• Policy provisions described from the ISO personal and commercial forms as commonly taught on licensing exams (homeowners, dwelling, personal auto, commercial property, CGL), in our own words; no form text reproduced. Edition differences and state amendatory endorsements vary.
• General insurance and tort principles written from author knowledge; no textbook, prep-course or question-bank text copied. National content only: state insurance law, fees and figures indexed yearly are excluded.
• NFIP items checked against FEMA flood insurance publications, 44 CFR Part 61 (Standard Flood Insurance Policy Dwelling Form, Appendix A(1); effective dates, 61.11) and 42 U.S.C. 4013 (public domain U.S. government sources; no text copied).
• Inflation guard endorsement checked against an Alaska Division of Insurance consumer publication (2022) (reference only; no text copied).
• Dwelling theft eligibility checked against the ISO Dwelling Policy Program Manual theft rule (2003 edition, North Carolina filed copy) (reference only; no text copied).
• Homeowners coverage relationships and inflation guard checked against ISO's Homeowners Policy Program Manual, Multistate General Rules (2011 revision, Rules 101 and 405), as filed with the North Carolina Department of Insurance (reference only; no text copied).
• Personal auto cards checked against the ISO Personal Auto Policy PP 00 01 01 05 (2018-edition notes against PP 00 01 09 18) and endorsements PP 03 05 08 86 (loss payable), PP 03 06 01 05 (extended non-owned) and PP 03 23 01 05 (miscellaneous type vehicle), in filed copies; homeowners cards against ISO HO 00 03 05 11.
• Snowmobile endorsement checked against an Illinois Department of Insurance news release (9 February 2010) (reference only; no text copied).
• Package structure checked against ISO common policy declarations IL DS 00 09 08 and the NCCI workers compensation policy WC 00 00 00 C, in issued or filed copies; reporting form provisions against Quality Foods, Inc. v. U.S. Fire Insurance Co., 715 F.2d 539 (11th Cir. 1983); dependent properties against ISO businessowners form BP 00 03 (2012 text, filed copy) and business income form CP 00 30 10 12; crime definitions and exclusions against ISO commercial crime form CR 00 21 05 06 (insurer-hosted copy); farm liability exclusions against ISO farm liability form FL 00 20 10 06 (as quoted in FC&S); reference only, no text copied.
• Policy provisions described from the ISO personal and commercial forms as commonly taught on licensing exams (homeowners, dwelling, personal auto, commercial property, CGL, business auto) and the NCCI workers compensation and employers liability policy, in our own words; no form text reproduced. Edition differences and state amendatory endorsements vary.
• NFIP items checked against FEMA flood insurance publications (public domain U.S. government source).
• Original questions written for this deck; no official exam, textbook, prep-course or question-bank items were copied. All worked math uses hypothetical numbers computed by the author. National content only: state insurance law, fees and figures indexed yearly are excluded.

These are independent study notes written for Willys. They are not official exam material, may contain mistakes, and are no substitute for your course, your teacher or the exam owner's own publications. Found an error? Tell us — corrections ship as a new version of the deck.

Not insurance or legal advice. These cards cover the national portion of the producer licensing exam only. State insurance law and your state's exam content are not included; check your state's insurance department and its candidate handbook.

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