NEWEST WEBCE EXAM 2025/2026 / WEBCE ACTUAL EXAM WITH COMPLETE ACCURATE
QUESTIONS AND CORRECT DETAILED ANSWERS (100% CORRECT VERIFIED SOLUTIONS)
LATEST UPDATED VERSION |GUARANTEED PASS. (FULL REVISED) WEBCE EXAM
1. Which of the following exempted insurance companies from federal antitrust legislation? -
(ANSWER)the McCarran-Ferguson Act
2. Which of the following has primary responsibility for regulating the insurance industry?
a. the states - (ANSWER)
Which statement about the NAIC is correct? - (ANSWER)The NAIC prepares model laws, regulations, and
guidelines for adoption by the states.
4. The NAIC issued a model law on long-term care insurance. Which statement about the model law's
effectiveness is correct? - (ANSWER)The model law becomes effective in a state if approved by the state
legislature.
Which statement about life insurance illustrations is correct? - (ANSWER)Illustrations must include the
company's name, the date the illustration was prepared, initial death benefit, and the name, age, and
gender of the proposed insured.
2. Which of the following provides general information about life insurance policies to potential buyers?
- (ANSWER)the Buyer's Guide
3. Which of the following is the Gramm-Leach-Bliley Act primarily aimed at regulating? - (ANSWER)the
disclosure of personal financial information to third parties
4. What is the purpose of the Producer Database? - (ANSWER)streamline producer licensing procedures
5. For how long must an organization maintain a record of a person's request to be placed on a do-not-
call list? - (ANSWER)5 years
1. Which of the following must be considered in making a suitable fixed annuity recommendation to a
customer? - (ANSWER)a. the customer's financial status
, NEWEST WEBCE EXAM 2025/2026 / WEBCE ACTUAL EXAM WITH COMPLETE ACCURATE
QUESTIONS AND CORRECT DETAILED ANSWERS (100% CORRECT VERIFIED SOLUTIONS)
LATEST UPDATED VERSION |GUARANTEED PASS. (FULL REVISED) WEBCE EXAM
b. the customer's tax status
c. the customer's investment objectives
d. all of the above
Which of the following is not a prohibited practice? - (ANSWER)giving a gift of nominal value to an
insurance applicant
Which of the following terms refers to the unethical and illegal practice of making a misleading
statement about an insurance policy to induce a person to buy a policy with another insurer? -
(ANSWER)twisting
When meeting with a prospect to discuss disability income insurance, Agent Tyler makes disparaging
comments about the financial stability and reputation of a competitor to dissuade the prospect from
purchasing its policies. Which unfair trade practice has Agent Tyler committed? - (ANSWER)defamation
What type of authority exists when a reasonable consumer would infer from the circumstances that the
agent has authority to act on behalf of the principal? - (ANSWER)implied authority
Which of the following is the most severe step a state insurance department can take in disciplining an
insurer? - (ANSWER)liquidation
Which of the following is not an example of an unfair claims practice? - (ANSWER)setting a time limit for
submitting proof of loss
Sam was involved in a car accident. The other driver told Sam that the two of them should agree on a
settlement now because the longer Sam waited, the more it was going to cost him. What should Sam
do? - (ANSWER)decline because of his policy's cooperation provisions
Norman is involved in filing a claim for a loss that is large and very complex. He feels that if he handles it
himself, there is a good chance he will end up with considerably less than the loss warrants. Which of
the following should Norman hire to help him with the claim? - (ANSWER)public adjuster
QUESTIONS AND CORRECT DETAILED ANSWERS (100% CORRECT VERIFIED SOLUTIONS)
LATEST UPDATED VERSION |GUARANTEED PASS. (FULL REVISED) WEBCE EXAM
1. Which of the following exempted insurance companies from federal antitrust legislation? -
(ANSWER)the McCarran-Ferguson Act
2. Which of the following has primary responsibility for regulating the insurance industry?
a. the states - (ANSWER)
Which statement about the NAIC is correct? - (ANSWER)The NAIC prepares model laws, regulations, and
guidelines for adoption by the states.
4. The NAIC issued a model law on long-term care insurance. Which statement about the model law's
effectiveness is correct? - (ANSWER)The model law becomes effective in a state if approved by the state
legislature.
Which statement about life insurance illustrations is correct? - (ANSWER)Illustrations must include the
company's name, the date the illustration was prepared, initial death benefit, and the name, age, and
gender of the proposed insured.
2. Which of the following provides general information about life insurance policies to potential buyers?
- (ANSWER)the Buyer's Guide
3. Which of the following is the Gramm-Leach-Bliley Act primarily aimed at regulating? - (ANSWER)the
disclosure of personal financial information to third parties
4. What is the purpose of the Producer Database? - (ANSWER)streamline producer licensing procedures
5. For how long must an organization maintain a record of a person's request to be placed on a do-not-
call list? - (ANSWER)5 years
1. Which of the following must be considered in making a suitable fixed annuity recommendation to a
customer? - (ANSWER)a. the customer's financial status
, NEWEST WEBCE EXAM 2025/2026 / WEBCE ACTUAL EXAM WITH COMPLETE ACCURATE
QUESTIONS AND CORRECT DETAILED ANSWERS (100% CORRECT VERIFIED SOLUTIONS)
LATEST UPDATED VERSION |GUARANTEED PASS. (FULL REVISED) WEBCE EXAM
b. the customer's tax status
c. the customer's investment objectives
d. all of the above
Which of the following is not a prohibited practice? - (ANSWER)giving a gift of nominal value to an
insurance applicant
Which of the following terms refers to the unethical and illegal practice of making a misleading
statement about an insurance policy to induce a person to buy a policy with another insurer? -
(ANSWER)twisting
When meeting with a prospect to discuss disability income insurance, Agent Tyler makes disparaging
comments about the financial stability and reputation of a competitor to dissuade the prospect from
purchasing its policies. Which unfair trade practice has Agent Tyler committed? - (ANSWER)defamation
What type of authority exists when a reasonable consumer would infer from the circumstances that the
agent has authority to act on behalf of the principal? - (ANSWER)implied authority
Which of the following is the most severe step a state insurance department can take in disciplining an
insurer? - (ANSWER)liquidation
Which of the following is not an example of an unfair claims practice? - (ANSWER)setting a time limit for
submitting proof of loss
Sam was involved in a car accident. The other driver told Sam that the two of them should agree on a
settlement now because the longer Sam waited, the more it was going to cost him. What should Sam
do? - (ANSWER)decline because of his policy's cooperation provisions
Norman is involved in filing a claim for a loss that is large and very complex. He feels that if he handles it
himself, there is a good chance he will end up with considerably less than the loss warrants. Which of
the following should Norman hire to help him with the claim? - (ANSWER)public adjuster
