NJ Insurance State
Law Exam
Questions and
Complete Solutions
Graded A+
Denning [Date] [Course title]
, Underwriting - Answer: The Standards of Conduct regulations apply to all of the following general areas
of the insurance industry EXCEPT
Insurance company - Answer: An insurance producer may be all of the following entities engaged in the
insurance business as an agent, broker, or consultant EXCEPT
A single act or transaction - Answer: Engaging in _______ of the business of an insurance producer is
sufficient proof of "engaging in the business of an insurance producer."
MUST - Answer: Salaried officers of insurers authorized to do business in New Jersey who solicit,
negotiate or effectuate insurance in the name of the insurer for compensation ______ be licensed as an
insurance producer or registered as a limited insurance representative
Title insurance - Answer: Limited lines of insurance include all of the following EXCEPT
Mailing billing notices - Answer: A producer's license is needed to engage in all of the following activities
in New Jersey EXCEPT
Taking a message from a policyholder - Answer: According to the New Jersey Insurance Department, all
of the following activities require a producer's license EXCEPT
Has not been filed with the commissioner - Answer: An insurance producer may not sell an insurance
contract in New Jersey which
Solicit new insurance business - Answer: Unlicensed individuals may do all of the following EXCEPT
One, full-time - Answer: Each branch office must have at least ______ licensed producer(s) assigned to
it
Registered - Answer: Each branch office of a licensed producer must be ______ with the insurance
department
Law Exam
Questions and
Complete Solutions
Graded A+
Denning [Date] [Course title]
, Underwriting - Answer: The Standards of Conduct regulations apply to all of the following general areas
of the insurance industry EXCEPT
Insurance company - Answer: An insurance producer may be all of the following entities engaged in the
insurance business as an agent, broker, or consultant EXCEPT
A single act or transaction - Answer: Engaging in _______ of the business of an insurance producer is
sufficient proof of "engaging in the business of an insurance producer."
MUST - Answer: Salaried officers of insurers authorized to do business in New Jersey who solicit,
negotiate or effectuate insurance in the name of the insurer for compensation ______ be licensed as an
insurance producer or registered as a limited insurance representative
Title insurance - Answer: Limited lines of insurance include all of the following EXCEPT
Mailing billing notices - Answer: A producer's license is needed to engage in all of the following activities
in New Jersey EXCEPT
Taking a message from a policyholder - Answer: According to the New Jersey Insurance Department, all
of the following activities require a producer's license EXCEPT
Has not been filed with the commissioner - Answer: An insurance producer may not sell an insurance
contract in New Jersey which
Solicit new insurance business - Answer: Unlicensed individuals may do all of the following EXCEPT
One, full-time - Answer: Each branch office must have at least ______ licensed producer(s) assigned to
it
Registered - Answer: Each branch office of a licensed producer must be ______ with the insurance
department
