Questions and Answers (Solved Papers)
Insurance Commissioner Term of Office - Correct Answers
✅5 Years
Insurance Commissioner must examine an insurer at least
once every ____ Years - Correct Answers ✅5 Years
Advanced Notice of a Hearing must be how many days -
Correct Answers ✅10 days
Maximum fine for violation of rules, regulations, or orders -
Correct Answers ✅$2,500
Renewal Date of Annual License - Correct Answers ✅June
14
Appointment of Producer- Insurer must file a notice of
appointment within ____ days of the agency contract or first
insurance application - Correct Answers ✅15 days
Termination of Appointment- Insurer must notify
Commissioner and the producer must receive the termination
notice within ____ days - Correct Answers ✅15 days
Minimum age to obtain a producers license - Correct
Answers ✅18 years old
, New Hampshire Insurance Exam
Questions and Answers (Solved Papers)
Nonresident producer must file change of address within ___
days of moving to new state - Correct Answers ✅30 days
Commissioner may issue a temporary producer license for a
maximum of ___ days to a surviving spouse, business partner,
or employee if a producer dies, becomes disabled, or is called
to active military service. - Correct Answers ✅180 days
Lapsed Licensed may be reinstated within ___ months upon
payment of fees and completion of CE credit hours - Correct
Answers ✅24 months
Name, address, or contact change must be reported within
___ days - Correct Answers ✅30 days
Time frame to report administrative actions or criminal
prosecutions to the Commissioner - Correct Answers ✅30
days
Total CE hours required every two years - Correct Answers
✅24 hours
Includes how many hours of required ethics - Correct
Answers ✅3 credit hours