Jack, a producer, ignores the Insurance Commissioner's cease and desist order and continues engaging in a prohibited practice. Her can be subject to
... [Show More] disciplinary measures EXCEPT: correct answers imprisonment
What is the maximum period for which an insurance license may be suspended? correct answers 12 months
How often must the Insurance Commissioner examine the affairs and transactions of every authorized insurer? correct answers once every five years
Which of the following is not a disciplinary measure that the Commissioner can take against a person who violates the insurance laws or regulations? correct answers imprisonment
An insurance transaction can include all of the following activities EXCEPT: correct answers paying premiums
A fraternal benefit society is characterized by all of the following EXCEPT: correct answers operation on a for-profit basis
Which of the following does constitute the transaction of insurance? correct answers Negotiable an insurance contract
Zelda, a producer selling health insurance, assures a prospective applicant that the insurance company she represents is backed by the protections of the Florida Life and Health Insurance Guaranty Association. What is true about this kind of assurance? correct answers It is prohibited at all times.
Suzanne sets appointments for producers in an insurance agency, based on the job descriptions does she need a license? correct answers No
In Washington, what/who is not considered an insurance producer? correct answers brokers surplus lines contracts
How often must insurance producers licensed in Washington fulfill continuing education requirements to maintain their licenses? correct answers every 24 months
A temporary producer's license issued in Washington is valid for up to how many days? correct answers 180
Acme Insurance and Apogee Insurance agree to offer different premium rates for persons of equal risk within a particular class. They also agree to limit benefits paid to insureds within this class if the insureds live in certain counties of Nevada. Acme and Apogee are engaging in correct answers Unfair and prohibited business practices [Show Less]