DELAWARE LIFE PRODUCER EXAM
WITH VERIFIED SOLUTIONS
A(n) bh_ bhmay bhalso bhperform bhthe bhduties bhof bha bhconsultant. bh- bh bhcorrect bhanswer-
bh bhproducer
What bhis bhan bhexample bhof bha bhproducer's bhimplied bhauthority? bh- bh bhcorrect
bhanswer- bh bhCollecting bhpremiums
The bhCommissioner bhmay bhsuspend bhor bhrevoke bha bhproducer's bhlicense bhfor bh- bh
bhcorrect bhanswer- bh bhkeeping bhpremiums bhowed bhto bhthe bhinsurer
An bhinsurer bhis bhcharged bh_ bhfor bhsubmitting bhan bhapplication bhfor bha bhcertificate bhof
bhauthority bhin bhDelaware. bh- bh bhcorrect bhanswer- bh bh$700
In bhDelaware, bhan bhinsurer bhis bhprohibited bhfrom bh- bh bhcorrect bhanswer- bh bhmaking
bha bhpolitical bhcontribution bhto bhany bhcandidate bhfor bhthe bhoffice bhof bhthe
bhCommissioner.
Which bhof bhthe bhfollowing bhis bhthe bhreimbursement bhof bhbenefits bhfor bhthe
bhtreatment bhof bha bhbeneficiary's bhinjuries bhcaused bhby bha bhthird bhparty? bh- bh
bhcorrect bhanswer- bh bhSubrogation
The bhclause bhis bhan bhAccident bhand bhHealth bhpolicy bhwhich bhdefines bhthe bhbenefit
bhamounts bhthe bhinsurer bhwill bhpay bhis bhcalled bhthe bh- bh bhcorrect bhanswer- bh
bhInsuring bhclause
, Which bhof bhthe bhfollowing bhis bhNOT bhan bhexample bhof bha bhproducer's bhbreach bhof
bhfiduciary bhduty? bh- bh bhcorrect bhanswer- bh bhallowing bhpremiums bhto bhbe bhsubmitted
bhelectronically
Which bhhealth bhpolicy bhclause bhstipulates bhthat bhan bhinsurance bhcompany bhmust
bhattach bha bhcopy bhof bhthe bhapplication bhto bhthe bhpolicy bhto bhensure bhthat bhit bhis
bhpart bhof bhthe bhcontract? bh- bh bhcorrect bhanswer- bh bhEntire bhContract
What bhpercentage bhof bhemployees bhmust bhparticipate bhin bha bhnoncontributory bhgroup
bhlife bhinsurance bhplan? bh- bh bhcorrect bhanswer- bh bh100%
A bhlicensee's bhbusiness bhrecords bhmust bhbe bhmaintained bhand bhmade bhavailable
bhfor bhinspection bhby bhthe bhCommissioner bhfor bha bhperiod bhof bh- bh bhcorrect bhanswer-
bh bh3 bhyears
When bhan bhexisting bhlife bhinsurance bhpolicy bhis bhbeing bhreissued bhwith bha bhreduction
bhin bhcash bhvalue, bhthe bhproducer bhmust bhsign bhthe bh- bh bhcorrect bhanswer- bh bhNotice
bhRegarding bhReplacement bhof bhLife bhInsurance bhor bhAnnuity
Which bhof bhthe bhfollowing bhstatements bhabout bhCredit bhLife bhinsurance bhis bhtrue? bh-
bh bhcorrect bhanswer- bh bhA bhdebtor bhmay bhuse bhexisting bhcoverage bhalready bhin
bhforce
Long-Term bhCare bhinsurance bhprovides bhcustodial bhcoverage bhin bhthe bhevent bhan
bhinsured bhcannot bh- bh bhcorrect bhanswer- bh bhperform bhactivities bhof bhdaily bhliving
A bhproducer bhmust bhreport bha bhchange bhin bhaddress bhto bhthe bhCommissioner bhwithin
bh- bh bhcorrect bhanswer- bh bh30 bhdays
E&O bh(Errors bhand bhOmissions) bhinsurance bhprotects bha(n) bh- bh bhcorrect bhanswer- bh
bhproducer bhagainst bhdisgruntled bhclients
To bhmaintain bhcontinued bhcoverage bhfor bha bhnewborn bhunder bhan bhaccident bhand
bhsickness bhpolicy, bhthe bhpolicy bhowner bhmust bhprovide bhnotification bhof bhbirth bhand
bhpayment bhof bhpremium bhto bhthe bhinsurance bhcompany bhwithin bha bhMAXIMUM bhof
bhhow bhmany bhdays bhafter bhbirth? bh- bh bhcorrect bhanswer- bh bhThirty-one
Market bhConduct bhexaminations bhinclude bhall bhof bhthese bhareas bhEXCEPT bh- bh
bhcorrect bhanswer- bh bhproducer bhcontracts... bhit bhdoes bhinclude bhunderwriting,
bhmarketing bhtactics, bhand bhadvertising
What bhis bhthe bhbasics bhof bha bhproducer's bhfiduciary bhresponsibility? bh- bh bhcorrect
bhanswer- bh bhCollecting bhpremiums bhand bhpaying bhthem bhto bhthe bhinsurance
bhcompany
WITH VERIFIED SOLUTIONS
A(n) bh_ bhmay bhalso bhperform bhthe bhduties bhof bha bhconsultant. bh- bh bhcorrect bhanswer-
bh bhproducer
What bhis bhan bhexample bhof bha bhproducer's bhimplied bhauthority? bh- bh bhcorrect
bhanswer- bh bhCollecting bhpremiums
The bhCommissioner bhmay bhsuspend bhor bhrevoke bha bhproducer's bhlicense bhfor bh- bh
bhcorrect bhanswer- bh bhkeeping bhpremiums bhowed bhto bhthe bhinsurer
An bhinsurer bhis bhcharged bh_ bhfor bhsubmitting bhan bhapplication bhfor bha bhcertificate bhof
bhauthority bhin bhDelaware. bh- bh bhcorrect bhanswer- bh bh$700
In bhDelaware, bhan bhinsurer bhis bhprohibited bhfrom bh- bh bhcorrect bhanswer- bh bhmaking
bha bhpolitical bhcontribution bhto bhany bhcandidate bhfor bhthe bhoffice bhof bhthe
bhCommissioner.
Which bhof bhthe bhfollowing bhis bhthe bhreimbursement bhof bhbenefits bhfor bhthe
bhtreatment bhof bha bhbeneficiary's bhinjuries bhcaused bhby bha bhthird bhparty? bh- bh
bhcorrect bhanswer- bh bhSubrogation
The bhclause bhis bhan bhAccident bhand bhHealth bhpolicy bhwhich bhdefines bhthe bhbenefit
bhamounts bhthe bhinsurer bhwill bhpay bhis bhcalled bhthe bh- bh bhcorrect bhanswer- bh
bhInsuring bhclause
, Which bhof bhthe bhfollowing bhis bhNOT bhan bhexample bhof bha bhproducer's bhbreach bhof
bhfiduciary bhduty? bh- bh bhcorrect bhanswer- bh bhallowing bhpremiums bhto bhbe bhsubmitted
bhelectronically
Which bhhealth bhpolicy bhclause bhstipulates bhthat bhan bhinsurance bhcompany bhmust
bhattach bha bhcopy bhof bhthe bhapplication bhto bhthe bhpolicy bhto bhensure bhthat bhit bhis
bhpart bhof bhthe bhcontract? bh- bh bhcorrect bhanswer- bh bhEntire bhContract
What bhpercentage bhof bhemployees bhmust bhparticipate bhin bha bhnoncontributory bhgroup
bhlife bhinsurance bhplan? bh- bh bhcorrect bhanswer- bh bh100%
A bhlicensee's bhbusiness bhrecords bhmust bhbe bhmaintained bhand bhmade bhavailable
bhfor bhinspection bhby bhthe bhCommissioner bhfor bha bhperiod bhof bh- bh bhcorrect bhanswer-
bh bh3 bhyears
When bhan bhexisting bhlife bhinsurance bhpolicy bhis bhbeing bhreissued bhwith bha bhreduction
bhin bhcash bhvalue, bhthe bhproducer bhmust bhsign bhthe bh- bh bhcorrect bhanswer- bh bhNotice
bhRegarding bhReplacement bhof bhLife bhInsurance bhor bhAnnuity
Which bhof bhthe bhfollowing bhstatements bhabout bhCredit bhLife bhinsurance bhis bhtrue? bh-
bh bhcorrect bhanswer- bh bhA bhdebtor bhmay bhuse bhexisting bhcoverage bhalready bhin
bhforce
Long-Term bhCare bhinsurance bhprovides bhcustodial bhcoverage bhin bhthe bhevent bhan
bhinsured bhcannot bh- bh bhcorrect bhanswer- bh bhperform bhactivities bhof bhdaily bhliving
A bhproducer bhmust bhreport bha bhchange bhin bhaddress bhto bhthe bhCommissioner bhwithin
bh- bh bhcorrect bhanswer- bh bh30 bhdays
E&O bh(Errors bhand bhOmissions) bhinsurance bhprotects bha(n) bh- bh bhcorrect bhanswer- bh
bhproducer bhagainst bhdisgruntled bhclients
To bhmaintain bhcontinued bhcoverage bhfor bha bhnewborn bhunder bhan bhaccident bhand
bhsickness bhpolicy, bhthe bhpolicy bhowner bhmust bhprovide bhnotification bhof bhbirth bhand
bhpayment bhof bhpremium bhto bhthe bhinsurance bhcompany bhwithin bha bhMAXIMUM bhof
bhhow bhmany bhdays bhafter bhbirth? bh- bh bhcorrect bhanswer- bh bhThirty-one
Market bhConduct bhexaminations bhinclude bhall bhof bhthese bhareas bhEXCEPT bh- bh
bhcorrect bhanswer- bh bhproducer bhcontracts... bhit bhdoes bhinclude bhunderwriting,
bhmarketing bhtactics, bhand bhadvertising
What bhis bhthe bhbasics bhof bha bhproducer's bhfiduciary bhresponsibility? bh- bh bhcorrect
bhanswer- bh bhCollecting bhpremiums bhand bhpaying bhthem bhto bhthe bhinsurance
bhcompany
