WASHINGTON LAWS AND RULES
PERTINENT TO INSURANCE
WASHINGTON LAWS AND RULES PERTINENT TO INSURANCE EXAM WITH
GUARANTEED ACCURATE ANSWERS
Violations of US Code Title 18 section 1033, may result in -
ACCURATE ANSWERS✔✔ Fine and/or imprisonment
Charles is a producer who is licensed in Washington but resides in
Oregon. Charles is considered to be a(n) - ACCURATE ANSWERS✔✔
Nonresident producer
Before a producer may sell, solicit, or negotiate insurance from an
insurer, the producer must have a(n) - ACCURATE ANSWERS✔✔
Appointment
,The act of using misrepresentation to induce an insured person to
terminate an existing policy and purchase a new policy is referred to as -
ACCURATE ANSWERS✔✔ Twisting
An example of an unfair claims settlement practice is - ACCURATE
ANSWERS✔✔ Turning down a claim without providing the basis of
denial
One role of the Commissioner is to - ACCURATE ANSWERS✔✔
Enforce state insurance laws
Every producer licensed in Washington must notify the Commissioner
within ___ days of any change of the address. - ACCURATE
ANSWERS✔✔ 30
The identity of the _____ must be made clear in every health (disability)
insurance advertisement. - ACCURATE ANSWERS✔✔ Insurer
A life insurance policy becomes incontestable after it has been in force
for - ACCURATE ANSWERS✔✔ 2 years
Advertising regulations exist to - ACCURATE ANSWERS✔✔ Assure
full and truthful disclosures to the public
, When a Medicare Supplement insurance policy is being replaced, who
must sign the notice of replacement? - ACCURATE ANSWERS✔✔ The
producer and the applicant
What is the MINIMUM benefit period that must be offered by a Long-
Term Care policy? - ACCURATE ANSWERS✔✔ 12 months
No legal action can be initiated after ___ years from the initial time
written proof of loss has been provided. - ACCURATE ANSWERS✔✔
3
When replacing a life insurance policy, a producer must provide the
applicant with a - ACCURATE ANSWERS✔✔ Notice Regarding
Replacement
A Medicare Supplement policy can be cancelled by the insurer for -
ACCURATE ANSWERS✔✔ Nonpayment
A company that is chartered and organized of the state in which its home
office is located is called a(n) - ACCURATE ANSWERS✔✔ Domestic
insurer
An insurance company may only pay commissions to a(n) -
ACCURATE ANSWERS✔✔ Licensed producer appointed by the
insurer
PERTINENT TO INSURANCE
WASHINGTON LAWS AND RULES PERTINENT TO INSURANCE EXAM WITH
GUARANTEED ACCURATE ANSWERS
Violations of US Code Title 18 section 1033, may result in -
ACCURATE ANSWERS✔✔ Fine and/or imprisonment
Charles is a producer who is licensed in Washington but resides in
Oregon. Charles is considered to be a(n) - ACCURATE ANSWERS✔✔
Nonresident producer
Before a producer may sell, solicit, or negotiate insurance from an
insurer, the producer must have a(n) - ACCURATE ANSWERS✔✔
Appointment
,The act of using misrepresentation to induce an insured person to
terminate an existing policy and purchase a new policy is referred to as -
ACCURATE ANSWERS✔✔ Twisting
An example of an unfair claims settlement practice is - ACCURATE
ANSWERS✔✔ Turning down a claim without providing the basis of
denial
One role of the Commissioner is to - ACCURATE ANSWERS✔✔
Enforce state insurance laws
Every producer licensed in Washington must notify the Commissioner
within ___ days of any change of the address. - ACCURATE
ANSWERS✔✔ 30
The identity of the _____ must be made clear in every health (disability)
insurance advertisement. - ACCURATE ANSWERS✔✔ Insurer
A life insurance policy becomes incontestable after it has been in force
for - ACCURATE ANSWERS✔✔ 2 years
Advertising regulations exist to - ACCURATE ANSWERS✔✔ Assure
full and truthful disclosures to the public
, When a Medicare Supplement insurance policy is being replaced, who
must sign the notice of replacement? - ACCURATE ANSWERS✔✔ The
producer and the applicant
What is the MINIMUM benefit period that must be offered by a Long-
Term Care policy? - ACCURATE ANSWERS✔✔ 12 months
No legal action can be initiated after ___ years from the initial time
written proof of loss has been provided. - ACCURATE ANSWERS✔✔
3
When replacing a life insurance policy, a producer must provide the
applicant with a - ACCURATE ANSWERS✔✔ Notice Regarding
Replacement
A Medicare Supplement policy can be cancelled by the insurer for -
ACCURATE ANSWERS✔✔ Nonpayment
A company that is chartered and organized of the state in which its home
office is located is called a(n) - ACCURATE ANSWERS✔✔ Domestic
insurer
An insurance company may only pay commissions to a(n) -
ACCURATE ANSWERS✔✔ Licensed producer appointed by the
insurer
