Idaho Life Insurance Laws And
Rules Weighted Exam
Questions With 100% Correct
And Verified Answers 2025
Whoiisirequireditoinotifyitheiproduceriinitheieventiofiappoint
mentiterminationi-iCORRECTiANSWERS-insurer
Anyichangeiofiaddressibyiailicenseeirequiresiainoticeiwithini
30idaysitoiwhichiofitheifollowingi-iCORRECTiANSWERS-
Director
Whichiofitheifollowingiunfairitradeipracticesiinvolvesiaiprod
uceriwhoimakesipublic,imaliciousistatementsiaboutianiinsur
ersifinancialiconditioni-iCORRECTiANSWERS-defamation
_____ilifeiinsuranceiisidesigneditoipayitheibalanceiofiailoaniifit
heiinsuredidiesibeforeitheiloanihasibeenirepaidi-
iCORRECTiANSWERS-Credit
BarryioffersiChrisihisimountainicabiniforitheiweekenditoisec
ureihisiorderiforihisiinsuranceibusiness.iThisiisianiexampleio
fi-iCORRECTiANSWERS-Rebating
WhichiofitheifollowingiisiNOTiaidutyiofitheidirectori-
iCORRECTiANSWERS-Establishiinsurerirayes
Sharonitheiproduceriintentionallyisubmittediaifalseistateme
ntiinisupportiofiaiclaim.iThisiisiconsiderediaiformiofi-
iCORRECTiANSWERS-fraud
A(n)i_____iinsuranceicompanyiisiorganizedioricharterediiniaic
ountryiotherithanitheiUnitediStatesi-iCORRECTiANSWERS-
Alien
vendarsol
, Aifalseiwritteniorioralistatementimadeibyiaiproduceriforitheip
urposeiofireplacingianiexistingipolicyitoitheidetrimentiofithei
insurediisi-iCORRECTiANSWERS-twisting
A(n)i______iinsuranceicompanyiisiownedibyiitsipolicyiownersi-
iCORRECTiANSWERS-Mutual
Tim'siindividualilifeiinsuranceipolicyihasijustirecentlyilapsed
.iHisipolicyimayibeireinstatediatianyitimeiwithini____iyear(s)i-
iCORRECTiANSWERS-3
AniinsureriwouldibeicommittingiUnfairiDiscriminationiificov
erageiwasideniedibasediuponi-iCORRECTiANSWERS-sex
Afterianiannuityicontractihasibeenideliveredibyitheiproducer
,itheifreeilookiperiodiisiaiMINIMUMiofi-
iCORRECTiANSWERS-20
AniinsuranceiproduceriisiBESTidefinediasi-
iCORRECTiANSWERS-
aipersoniwhoihasiaicontractiwithianiinsuranceicompanyitoire
presentiit
ABCilifeiinsuranceicompany'sihomeiofficeiisilocatediiniMass
achusettsiandiisiincorporatediiniMassachusetts.iIniidahoithe
yiareiconsidereditoibei-iCORRECTiANSWERS-Foreign
Theitypicalifree-
lookiperiodiforilifeiinsuranceipoliciesisoldiiniIdahoiisi____iday
si-iCORRECTiANSWERS-20
Aniexampleiofianiunfairiclaimsisettlementipracticeiisi-
iCORRECTiANSWERS-
Failingitoiadoptireasonableistandardsiforiprompticlaimsiinve
stmenet
EveryiproducerilicensediiniIdahoimustinotifyitheidirectoriwit
hini____idaysiofianyichangeiofiaddressi-iCORRECTiANSWERS-
30
vendarsol
Rules Weighted Exam
Questions With 100% Correct
And Verified Answers 2025
Whoiisirequireditoinotifyitheiproduceriinitheieventiofiappoint
mentiterminationi-iCORRECTiANSWERS-insurer
Anyichangeiofiaddressibyiailicenseeirequiresiainoticeiwithini
30idaysitoiwhichiofitheifollowingi-iCORRECTiANSWERS-
Director
Whichiofitheifollowingiunfairitradeipracticesiinvolvesiaiprod
uceriwhoimakesipublic,imaliciousistatementsiaboutianiinsur
ersifinancialiconditioni-iCORRECTiANSWERS-defamation
_____ilifeiinsuranceiisidesigneditoipayitheibalanceiofiailoaniifit
heiinsuredidiesibeforeitheiloanihasibeenirepaidi-
iCORRECTiANSWERS-Credit
BarryioffersiChrisihisimountainicabiniforitheiweekenditoisec
ureihisiorderiforihisiinsuranceibusiness.iThisiisianiexampleio
fi-iCORRECTiANSWERS-Rebating
WhichiofitheifollowingiisiNOTiaidutyiofitheidirectori-
iCORRECTiANSWERS-Establishiinsurerirayes
Sharonitheiproduceriintentionallyisubmittediaifalseistateme
ntiinisupportiofiaiclaim.iThisiisiconsiderediaiformiofi-
iCORRECTiANSWERS-fraud
A(n)i_____iinsuranceicompanyiisiorganizedioricharterediiniaic
ountryiotherithanitheiUnitediStatesi-iCORRECTiANSWERS-
Alien
vendarsol
, Aifalseiwritteniorioralistatementimadeibyiaiproduceriforitheip
urposeiofireplacingianiexistingipolicyitoitheidetrimentiofithei
insurediisi-iCORRECTiANSWERS-twisting
A(n)i______iinsuranceicompanyiisiownedibyiitsipolicyiownersi-
iCORRECTiANSWERS-Mutual
Tim'siindividualilifeiinsuranceipolicyihasijustirecentlyilapsed
.iHisipolicyimayibeireinstatediatianyitimeiwithini____iyear(s)i-
iCORRECTiANSWERS-3
AniinsureriwouldibeicommittingiUnfairiDiscriminationiificov
erageiwasideniedibasediuponi-iCORRECTiANSWERS-sex
Afterianiannuityicontractihasibeenideliveredibyitheiproducer
,itheifreeilookiperiodiisiaiMINIMUMiofi-
iCORRECTiANSWERS-20
AniinsuranceiproduceriisiBESTidefinediasi-
iCORRECTiANSWERS-
aipersoniwhoihasiaicontractiwithianiinsuranceicompanyitoire
presentiit
ABCilifeiinsuranceicompany'sihomeiofficeiisilocatediiniMass
achusettsiandiisiincorporatediiniMassachusetts.iIniidahoithe
yiareiconsidereditoibei-iCORRECTiANSWERS-Foreign
Theitypicalifree-
lookiperiodiforilifeiinsuranceipoliciesisoldiiniIdahoiisi____iday
si-iCORRECTiANSWERS-20
Aniexampleiofianiunfairiclaimsisettlementipracticeiisi-
iCORRECTiANSWERS-
Failingitoiadoptireasonableistandardsiforiprompticlaimsiinve
stmenet
EveryiproducerilicensediiniIdahoimustinotifyitheidirectoriwit
hini____idaysiofianyichangeiofiaddressi-iCORRECTiANSWERS-
30
vendarsol
