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Life Insurance

Best way to pass life insurance exam

QuestionAnswer
An insurer or producer may not knowingly employ an individual to act in a fiduciary capacity if that inidividual has been convicted of a felony or crime of moral turpitude within the past... 10 years
If an insurer charges a different premium rate and limts coverage for an applicant based on partial blindness, the insurer may be found guilty of... unfair discrimination
Willful violations of insurance laws of this state are considered... Misdemeanors
What is a license renewal period in this state? 2 years
If an insurance form submitted to the commissioner is not in English, what must accompany the form? An english translation of the form
Insurance companies in Maryland must submit forms to the insurance commissioner in duplicate. What is the one exceptionnto this rule? If the forms are filed electronically
An insurance producer is required to notify the comissioner of any felony conviction within how many days of the conviction? Insurance producers are required to report all felony convictions to the commissioners office within 30 days.
Which nonforfeiture option provides coverage for the longest period of time?
Created by: Wavelink
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