Texas Insurance Exam Questions With
Correct Answers
How many hours of ethics continuing education must an agent complete in any 2-
| | | | | | | | | | | | |
year license period? A. 4 B. 5 C. 3 D. 2 - CORRECT ANSWER✔✔-D
| | | | | | | | | | | | |
The commissioner has the power to
| | | | |
A. appoint a stock insurance company board of directors B. issue certificates of
| | | | | | | | | | | | |
authority to insurers C. authorize a mutual insurance company sale of stock D.
| | | | | | | | | | | | |
write and enact new legislation and statutes affecting the business of insurance -
| | | | | | | | | | | | |
CORRECT ANSWER✔✔-B |
Written notices of reported violations must be sent within
| | | | | | | |
A. 10 days B. 14 days C. 21 days D. 30 days - CORRECT ANSWER✔✔-B
| | | | | | | | | | | | | |
All of the following are correct regarding licensing requirements EXCEPT
| | | | | | | | | |
A. the person must be at least 21 years old B. the state licensing examination
| | | | | | | | | | | | | | |
must be passed C. the person has submitted an application D. a non-refundable
| | | | | | | | | | | | |
fee has been paid - CORRECT ANSWER✔✔-A
| | | | | |
An agent licensed in Texas who moves from one state to another must file proof
| | | | | | | | | | | | | | |
of authorization to conduct business in the new state within how many days?
| | | | | | | | | | | |
A. 10 B. 20 C. 30 D. 60 - CORRECT ANSWER✔✔-C
| | | | | | | | | |
, A person who examines and assesses risk for persons seeking or renewing
| | | | | | | | | | | |
property and casualty insurance is A. a reinsurer B. a surplus lines agent C. an
| | | | | | | | | | | | | | |
insurance counselor D. a risk manager - CORRECT ANSWER✔✔-D
| | | | | | | |
Insurance issued to Texas residents by companies not licensed to do business in
| | | | | | | | | | | | |
Texas would be classified as A. unlicensed insurance B. unauthorized insurance C.
| | | | | | | | | | | |
unlisted entrance D. alien insurance - CORRECT ANSWER✔✔-B
| | | | | | |
Agents who solicit and procure insurance for themselves, their families, and their
| | | | | | | | | | | |
business associates (not for the general public) are said to engage in
| | | | | | | | | | | |
A. rebating B. surplus lines Insurance C. controlled business D. unauthorized
| | | | | | | | | | |
insurance - CORRECT ANSWER✔✔-C | | |
At a minimum, the department must examine a carrier at least once every
| | | | | | | | | | | |
A. 6 months B. year C. 5 years D. decade - CORRECT ANSWER✔✔-C
| | | | | | | | | | | |
Which of the following is a requirement for a temporary insurance license?
| | | | | | | | | | |
A. The applicant must complete a licensing course within 10 days of application
| | | | | | | | | | | | |
filing.
B. The applicant must complete training supervised by an agent, insurer, or HMO.
| | | | | | | | | | | |
C. The applicant must be sponsored by the Department.
| | | | | | | |
D. The applicant must demonstrate high unethical standards. - CORRECT
| | | | | | | | | |
ANSWER✔✔-B
How many hours of continuing educations is an agent responsible to complete in
| | | | | | | | | | | | |
any 2-year license period?
| | |
Correct Answers
How many hours of ethics continuing education must an agent complete in any 2-
| | | | | | | | | | | | |
year license period? A. 4 B. 5 C. 3 D. 2 - CORRECT ANSWER✔✔-D
| | | | | | | | | | | | |
The commissioner has the power to
| | | | |
A. appoint a stock insurance company board of directors B. issue certificates of
| | | | | | | | | | | | |
authority to insurers C. authorize a mutual insurance company sale of stock D.
| | | | | | | | | | | | |
write and enact new legislation and statutes affecting the business of insurance -
| | | | | | | | | | | | |
CORRECT ANSWER✔✔-B |
Written notices of reported violations must be sent within
| | | | | | | |
A. 10 days B. 14 days C. 21 days D. 30 days - CORRECT ANSWER✔✔-B
| | | | | | | | | | | | | |
All of the following are correct regarding licensing requirements EXCEPT
| | | | | | | | | |
A. the person must be at least 21 years old B. the state licensing examination
| | | | | | | | | | | | | | |
must be passed C. the person has submitted an application D. a non-refundable
| | | | | | | | | | | | |
fee has been paid - CORRECT ANSWER✔✔-A
| | | | | |
An agent licensed in Texas who moves from one state to another must file proof
| | | | | | | | | | | | | | |
of authorization to conduct business in the new state within how many days?
| | | | | | | | | | | |
A. 10 B. 20 C. 30 D. 60 - CORRECT ANSWER✔✔-C
| | | | | | | | | |
, A person who examines and assesses risk for persons seeking or renewing
| | | | | | | | | | | |
property and casualty insurance is A. a reinsurer B. a surplus lines agent C. an
| | | | | | | | | | | | | | |
insurance counselor D. a risk manager - CORRECT ANSWER✔✔-D
| | | | | | | |
Insurance issued to Texas residents by companies not licensed to do business in
| | | | | | | | | | | | |
Texas would be classified as A. unlicensed insurance B. unauthorized insurance C.
| | | | | | | | | | | |
unlisted entrance D. alien insurance - CORRECT ANSWER✔✔-B
| | | | | | |
Agents who solicit and procure insurance for themselves, their families, and their
| | | | | | | | | | | |
business associates (not for the general public) are said to engage in
| | | | | | | | | | | |
A. rebating B. surplus lines Insurance C. controlled business D. unauthorized
| | | | | | | | | | |
insurance - CORRECT ANSWER✔✔-C | | |
At a minimum, the department must examine a carrier at least once every
| | | | | | | | | | | |
A. 6 months B. year C. 5 years D. decade - CORRECT ANSWER✔✔-C
| | | | | | | | | | | |
Which of the following is a requirement for a temporary insurance license?
| | | | | | | | | | |
A. The applicant must complete a licensing course within 10 days of application
| | | | | | | | | | | | |
filing.
B. The applicant must complete training supervised by an agent, insurer, or HMO.
| | | | | | | | | | | |
C. The applicant must be sponsored by the Department.
| | | | | | | |
D. The applicant must demonstrate high unethical standards. - CORRECT
| | | | | | | | | |
ANSWER✔✔-B
How many hours of continuing educations is an agent responsible to complete in
| | | | | | | | | | | | |
any 2-year license period?
| | |
