NJ LIFE PRODUCER EXAM INSURANCE
AND LAWS LATEST CERTIFICATION
REVIEW SET 2026 ANSWERS GUARANTEED
PASS
⫸ Fixed-amount Answer: The settlement option that provides for
payments to be made in regular installments to a beneficiary until the
principal and interest are exhausted best describes:
⫸ Must give public reasonable access. Answer: What hours of operation
is a branch office required to have?
⫸ Amount of indeptness Answer: Under a Credit Life Policy, the
amount of coverage shall not exceed the:
⫸ 180 Days Answer: In most circumstances, a temporary license in
New Jersey shall not be valid for a period longer than:
⫸ 31 Days Answer: Telemarketers must update their solicitation lists
with the National Do Not Call Registry every...
⫸ Notify the Producer whose policy is being replaced Answer: When
replacing existing life insurance, an agent MUST...
, ⫸ have their principle office in New Jersey Answer: A producer who
wishes to hold a Resident NJ Life Producer license, who lives in another
state, must...
⫸ The ceding insurer Answer: A insurer procuring insurance for itself
from another insurer is called...
⫸ 90 days Answer: A business name authorization expires in
⫸ 12 months Answer: A first time applicant is someone who has not
been licensed as a producer for the previous...
⫸ 12 months Answer: When applying for a producer's license, an
applicant must have passed the State Licensing Exam within how long
from the date of their application for license?
⫸ Interest-only Answer: In which of the following are proceeds left
with the insurer and earnings sent to the beneficiary?
⫸ Variable Life Answer: Under what type of life insurance policy will
the death benefit vary, based on the performance of an underlying
portfolio of securities?
⫸ Not Tax Deductable Answer: Generally, premiums paid on an
individual life insurance policy are:
AND LAWS LATEST CERTIFICATION
REVIEW SET 2026 ANSWERS GUARANTEED
PASS
⫸ Fixed-amount Answer: The settlement option that provides for
payments to be made in regular installments to a beneficiary until the
principal and interest are exhausted best describes:
⫸ Must give public reasonable access. Answer: What hours of operation
is a branch office required to have?
⫸ Amount of indeptness Answer: Under a Credit Life Policy, the
amount of coverage shall not exceed the:
⫸ 180 Days Answer: In most circumstances, a temporary license in
New Jersey shall not be valid for a period longer than:
⫸ 31 Days Answer: Telemarketers must update their solicitation lists
with the National Do Not Call Registry every...
⫸ Notify the Producer whose policy is being replaced Answer: When
replacing existing life insurance, an agent MUST...
, ⫸ have their principle office in New Jersey Answer: A producer who
wishes to hold a Resident NJ Life Producer license, who lives in another
state, must...
⫸ The ceding insurer Answer: A insurer procuring insurance for itself
from another insurer is called...
⫸ 90 days Answer: A business name authorization expires in
⫸ 12 months Answer: A first time applicant is someone who has not
been licensed as a producer for the previous...
⫸ 12 months Answer: When applying for a producer's license, an
applicant must have passed the State Licensing Exam within how long
from the date of their application for license?
⫸ Interest-only Answer: In which of the following are proceeds left
with the insurer and earnings sent to the beneficiary?
⫸ Variable Life Answer: Under what type of life insurance policy will
the death benefit vary, based on the performance of an underlying
portfolio of securities?
⫸ Not Tax Deductable Answer: Generally, premiums paid on an
individual life insurance policy are:
