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MISSOURI LAWS AND RULES PERTINENT TO
INSURANCE 2025/2026 EXAM CURRENTLY TESTING
QUESTIONS AND DETAILED CORRECT (VERIFIED)
ANSWERS/GUARANTEED PASS/TOP-RATED A+.
LAWS AND RULES
Ace the Missouri Laws and Rules Pertinent to Insurance exam
with this state-specific guide, designed to master Missouri's
unique insurance regulations, ethical standards, and
compliance protocols. This resource delivers targeted practice
questions and clear explanations covering all major lines of
authority, from property and casualty to health and life
insurance statutes.
Which of these is a TRUE statement regarding the regulatory
authority of the DIrector?
A.) The Director may mandate the financial restructuring of
insolvent producers
B.) The Director may levy fines on policy applications to
defray operating costs
C.) The Director may establish guidelines for continuing
education as a part of the producer's license renewal
procedure
D.) The Director may require adjacent states to adopt
reciprocal agreements for non resident producer's licenses
...... ANSWER ....... C.) The Director may establish
, Page 2 of 38
guidelines for continuing education as a part of the
producer's license renewal procedure
Jasmine is a salaried employee of an insurance company.
Which of the following duties would require her to be
licensed as an insurance producer? ...... ANSWER .......
Soliciting insurance policies
Continuing education (CE) providers must report to the
Director a licensee's earned credit hours within ......
ANSWER ....... 30 days of course completion
Which of the following limits may be applied to coverage of
autism spectrum disorder treatments? ...... ANSWER .......
Medically necessary treatment in accordance with a
treatment plan
Under which circumstance could a child be denied
enrollment into a health plan in Missouri? ...... ANSWER
....... The child is no relation to, and is not placed for
adoption or adopted by the plan member
What is the MAXIMUM fixed interest rate for life insurance
policy loans? ...... ANSWER ....... 8%
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The suicide provision for life policies would apply to ......
ANSWER ....... subsequent increases in benefits
Replacement is involved in all of the following situations
EXCEPT when
A.) an ordinary life insurance policy is terminated and a new
policy is purchased with a different insurance company
B.) a Term policy is converted to a permanent plan with the
same insurance company
C.) an ordinary policy is surrendered for its cash value,
which is then used to purchase a new Universal Life policy
D.) a policy is changed to a reduced paid-up basis, and a
Term policy is issued ...... ANSWER ....... B.) a Term
policy is converted to a permanent plan with the same
insurance company
Prior to a universal life insurance policy being terminated,
written notice must be given to the policyowner at least
...... ANSWER ....... 30 days of termination date
Which of these statements regarding health coverage for
physically handicapped dependents is FALSE?
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A.) The dependent must have been over ten years of age
when the handicap was incurred
B.) The dependent must have been covered under the
insured's policy at the time the handicap was incurred
C.) The dependent must rely chiefly on the policyowner for
support and maintenance
D.) The dependent must agree to periodic medical
examinations at the request of the insurance company ......
ANSWER ....... A.) The dependent must have been over
ten years of age when the handicap was incurred
Which licensee faces possible license revocation by the
Director of Insurance? ...... ANSWER ....... Licensee who
misappropriates monies belonging to policyholders
If the sale of a Medicare Supplement involves replacement,
all of these actions must be performed by the producer
EXCEPT
A.) notify the replaced insurance company
B.) give the insured a written replacement notice
C.) submit a written replacement notice to the replacing
insurance company
MISSOURI LAWS AND RULES PERTINENT TO
INSURANCE 2025/2026 EXAM CURRENTLY TESTING
QUESTIONS AND DETAILED CORRECT (VERIFIED)
ANSWERS/GUARANTEED PASS/TOP-RATED A+.
LAWS AND RULES
Ace the Missouri Laws and Rules Pertinent to Insurance exam
with this state-specific guide, designed to master Missouri's
unique insurance regulations, ethical standards, and
compliance protocols. This resource delivers targeted practice
questions and clear explanations covering all major lines of
authority, from property and casualty to health and life
insurance statutes.
Which of these is a TRUE statement regarding the regulatory
authority of the DIrector?
A.) The Director may mandate the financial restructuring of
insolvent producers
B.) The Director may levy fines on policy applications to
defray operating costs
C.) The Director may establish guidelines for continuing
education as a part of the producer's license renewal
procedure
D.) The Director may require adjacent states to adopt
reciprocal agreements for non resident producer's licenses
...... ANSWER ....... C.) The Director may establish
, Page 2 of 38
guidelines for continuing education as a part of the
producer's license renewal procedure
Jasmine is a salaried employee of an insurance company.
Which of the following duties would require her to be
licensed as an insurance producer? ...... ANSWER .......
Soliciting insurance policies
Continuing education (CE) providers must report to the
Director a licensee's earned credit hours within ......
ANSWER ....... 30 days of course completion
Which of the following limits may be applied to coverage of
autism spectrum disorder treatments? ...... ANSWER .......
Medically necessary treatment in accordance with a
treatment plan
Under which circumstance could a child be denied
enrollment into a health plan in Missouri? ...... ANSWER
....... The child is no relation to, and is not placed for
adoption or adopted by the plan member
What is the MAXIMUM fixed interest rate for life insurance
policy loans? ...... ANSWER ....... 8%
, Page 3 of 38
The suicide provision for life policies would apply to ......
ANSWER ....... subsequent increases in benefits
Replacement is involved in all of the following situations
EXCEPT when
A.) an ordinary life insurance policy is terminated and a new
policy is purchased with a different insurance company
B.) a Term policy is converted to a permanent plan with the
same insurance company
C.) an ordinary policy is surrendered for its cash value,
which is then used to purchase a new Universal Life policy
D.) a policy is changed to a reduced paid-up basis, and a
Term policy is issued ...... ANSWER ....... B.) a Term
policy is converted to a permanent plan with the same
insurance company
Prior to a universal life insurance policy being terminated,
written notice must be given to the policyowner at least
...... ANSWER ....... 30 days of termination date
Which of these statements regarding health coverage for
physically handicapped dependents is FALSE?
, Page 4 of 38
A.) The dependent must have been over ten years of age
when the handicap was incurred
B.) The dependent must have been covered under the
insured's policy at the time the handicap was incurred
C.) The dependent must rely chiefly on the policyowner for
support and maintenance
D.) The dependent must agree to periodic medical
examinations at the request of the insurance company ......
ANSWER ....... A.) The dependent must have been over
ten years of age when the handicap was incurred
Which licensee faces possible license revocation by the
Director of Insurance? ...... ANSWER ....... Licensee who
misappropriates monies belonging to policyholders
If the sale of a Medicare Supplement involves replacement,
all of these actions must be performed by the producer
EXCEPT
A.) notify the replaced insurance company
B.) give the insured a written replacement notice
C.) submit a written replacement notice to the replacing
insurance company
