TENNESSEE LAWS AND RULES EXAM
2024-2025 WITH LATEST QUESTIONS
AND CORRECT ANSWERS ALREADY
RATED A+
Which of the following is an example of defamation? - ANS-Circulating brochures that falsely denounce
the financial condition of an insurer
Which of these is NOT a fair marketing practice when an existing insurance policy is being replaced? -
ANS-Reduce the cost by lowering the commission
In Tennessee, a(n) _______ insurance company is one formed under the laws of a state outside of
Tennessee. - ANS-foreign
If an insurance producer applicant is required to a written examination, what is also required? - ANS-A
fingerprint-based criminal background check
, Who would be liable for an insurance claim on a policy sold by a Tennessee producer and issued by an
insurance company NOT authorized to conduct business in Tennessee? - ANS-The producer
*The producer is liable for all insurance contracts unlawfully made in TN with an insurance company not
authorized to do business in TN.
A Long-Term Care policy sold in Tennessee MUST be - ANS-Guaranteed renewable
B is an insurance producer who occasionally engages in financial planning. If B sells an insurance policy
during the course of a financial planning seminar, B must disclose to the client - ANS-that a commission
will be earned in addition to any fee charged for financial planning
If a producer commits an act of coercion or intimidation, how would the producer's insurance company
be held responsible for this act? - ANS-If the insurer approves of the act
All of these are powers of the Commissioner EXCEPT:
-Hold hearings
-Enforce insurance laws
-Incarcerate a producer
-Issue subpoenas - ANS-Incarcerate a producer
An agent needs to complete ______ of continuing education every ______ years. - ANS-24; 2
All of these insurance subjects qualify for continuing education credits in Tennessee EXCEPT:
-Taxation of life insurance
-Motivating producers
-Estate planning
-Group health plans - ANS-Motivating producers
When engaged in an insurance transaction in Tennessee, the producer represents the - ANS-insurer
The Commissioner would like to hold a hearing against a producer. Before the hearing os held, a notice -
ANS-must be sent by registered or certified mail to the producer's address on file
2024-2025 WITH LATEST QUESTIONS
AND CORRECT ANSWERS ALREADY
RATED A+
Which of the following is an example of defamation? - ANS-Circulating brochures that falsely denounce
the financial condition of an insurer
Which of these is NOT a fair marketing practice when an existing insurance policy is being replaced? -
ANS-Reduce the cost by lowering the commission
In Tennessee, a(n) _______ insurance company is one formed under the laws of a state outside of
Tennessee. - ANS-foreign
If an insurance producer applicant is required to a written examination, what is also required? - ANS-A
fingerprint-based criminal background check
, Who would be liable for an insurance claim on a policy sold by a Tennessee producer and issued by an
insurance company NOT authorized to conduct business in Tennessee? - ANS-The producer
*The producer is liable for all insurance contracts unlawfully made in TN with an insurance company not
authorized to do business in TN.
A Long-Term Care policy sold in Tennessee MUST be - ANS-Guaranteed renewable
B is an insurance producer who occasionally engages in financial planning. If B sells an insurance policy
during the course of a financial planning seminar, B must disclose to the client - ANS-that a commission
will be earned in addition to any fee charged for financial planning
If a producer commits an act of coercion or intimidation, how would the producer's insurance company
be held responsible for this act? - ANS-If the insurer approves of the act
All of these are powers of the Commissioner EXCEPT:
-Hold hearings
-Enforce insurance laws
-Incarcerate a producer
-Issue subpoenas - ANS-Incarcerate a producer
An agent needs to complete ______ of continuing education every ______ years. - ANS-24; 2
All of these insurance subjects qualify for continuing education credits in Tennessee EXCEPT:
-Taxation of life insurance
-Motivating producers
-Estate planning
-Group health plans - ANS-Motivating producers
When engaged in an insurance transaction in Tennessee, the producer represents the - ANS-insurer
The Commissioner would like to hold a hearing against a producer. Before the hearing os held, a notice -
ANS-must be sent by registered or certified mail to the producer's address on file
