LIFE PRODUCER ACTUAL EXAMINATION
SCRIPT 2026 FULL QUESTIONS AND
CORRECT ANSWERS VERIFIED PASS
●● Fixed-amount.
Answer: The settlement option that provides for payments to be made in
regular installments to a beneficiary until the principal and interest are
exhausted best describes:
●● Must give public reasonable access..
Answer: What hours of operation is a branch office required to have?
●● Amount of indeptness.
Answer: Under a Credit Life Policy, the amount of coverage shall not
exceed the:
●● 180 Days.
Answer: In most circumstances, a temporary license in New Jersey shall
not be valid for a period longer than:
●● 31 Days.
Answer: Telemarketers must update their solicitation lists with the
National Do Not Call Registry every...
,●● Notify the Producer whose policy is being replaced.
Answer: When replacing existing life insurance, an agent MUST...
●● have their principle office in New Jersey.
Answer: A producer who wishes to hold a Resident NJ Life Producer
license, who lives in another state, must...
●● The ceding insurer.
Answer: A insurer procuring insurance for itself from another insurer is
called...
●● 90 days.
Answer: A business name authorization expires in
●● 12 months.
Answer: A first time applicant is someone who has not been licensed as
a producer for the previous...
●● 12 months.
Answer: When applying for a producer's license, an applicant must have
passed the State Licensing Exam within how long from the date of their
application for license?
, ●● Interest-only.
Answer: In which of the following are proceeds left with the insurer and
earnings sent to the beneficiary?
●● Variable Life.
Answer: Under what type of life insurance policy will the death benefit
vary, based on the performance of an underlying portfolio of securities?
●● Not Tax Deductable.
Answer: Generally, premiums paid on an individual life insurance policy
are:
●● 9 years and 8 months.
Answer: A 10 year family income policy was purchased effective April
1, 2007. The insured died August 1, 2007. The beneficiary receives
monthly income for:
●● the face amount less the annual premium.
Answer: John the insured dies during the grace period of his life
insurance policy and had not paid the annual premium. The insurance
company is obligated to pay which of the following to the beneficiary?
●● Contingent beneficiaries.
SCRIPT 2026 FULL QUESTIONS AND
CORRECT ANSWERS VERIFIED PASS
●● Fixed-amount.
Answer: The settlement option that provides for payments to be made in
regular installments to a beneficiary until the principal and interest are
exhausted best describes:
●● Must give public reasonable access..
Answer: What hours of operation is a branch office required to have?
●● Amount of indeptness.
Answer: Under a Credit Life Policy, the amount of coverage shall not
exceed the:
●● 180 Days.
Answer: In most circumstances, a temporary license in New Jersey shall
not be valid for a period longer than:
●● 31 Days.
Answer: Telemarketers must update their solicitation lists with the
National Do Not Call Registry every...
,●● Notify the Producer whose policy is being replaced.
Answer: When replacing existing life insurance, an agent MUST...
●● have their principle office in New Jersey.
Answer: A producer who wishes to hold a Resident NJ Life Producer
license, who lives in another state, must...
●● The ceding insurer.
Answer: A insurer procuring insurance for itself from another insurer is
called...
●● 90 days.
Answer: A business name authorization expires in
●● 12 months.
Answer: A first time applicant is someone who has not been licensed as
a producer for the previous...
●● 12 months.
Answer: When applying for a producer's license, an applicant must have
passed the State Licensing Exam within how long from the date of their
application for license?
, ●● Interest-only.
Answer: In which of the following are proceeds left with the insurer and
earnings sent to the beneficiary?
●● Variable Life.
Answer: Under what type of life insurance policy will the death benefit
vary, based on the performance of an underlying portfolio of securities?
●● Not Tax Deductable.
Answer: Generally, premiums paid on an individual life insurance policy
are:
●● 9 years and 8 months.
Answer: A 10 year family income policy was purchased effective April
1, 2007. The insured died August 1, 2007. The beneficiary receives
monthly income for:
●● the face amount less the annual premium.
Answer: John the insured dies during the grace period of his life
insurance policy and had not paid the annual premium. The insurance
company is obligated to pay which of the following to the beneficiary?
●● Contingent beneficiaries.
