MN LIFE AND HEALTH PRODUCER END OF COURSE
2026/2027 QUESTIONS AND SOLUTIONS RATED A+
✔✔Free-look for individual HMO contracts - ✔✔10 days
✔✔HMOs must offer an annual open enrollment period of at least ___ days - ✔✔14
✔✔Any health service plan corporation that violates any applicable law is subject to a
civil penalty of no more than $______ per violation - ✔✔5k
✔✔Employee means an individual employed for at least _____ hours a week, but does
not include individuals who work on a temporary, seasonal, or substitute basis. - ✔✔20
✔✔Number of eligible full-time employees for small group health plan - ✔✔1:50
✔✔The commissioner may suspend or revoke a health carrier license and impose a
monetary penalty not to exceed____ for each violation - ✔✔25k
✔✔A health carrier electing to cease doing business in the small employer market much
notify the commissioner and each covered a small employer ____ days in advance. -
✔✔180
✔✔The health carrier cannot write new business in the Minnesota small employer
market for ____ years from the date of notification to the commissioner - ✔✔5
✔✔ The commissioner examines each insurer every __ years - ✔✔5
✔✔Fine per day if a person violates, aids, or abets a written cease and desist order -
✔✔10k
✔✔Licensee may request a hearing within __ days of commissioners order after
hearing request, the commissioner has ___ to hold the hearing - ✔✔30 30
✔✔All accident and health insurance policies must be filed with the commissioner at
least ___ days prior to use - ✔✔60
✔✔__ hours per major line of authority - ✔✔20
✔✔____ passing score of state exam - ✔✔70%
✔✔___ number of years exam results are valid for - ✔✔3
✔✔____ per line of authority - ✔✔50
, ✔✔___ credit hours per licensed producer - ✔✔24
✔✔___ hours must be in ethics - ✔✔3
✔✔___ hour partnership prior to selling LTC - ✔✔8
✔✔___ hour refresher course every two years after initial training for LTC - ✔✔4
✔✔License periods are ___ years (except for first period of licensure) - ✔✔2
✔✔Individuals must be at least ___ years old to apply for the license - ✔✔18
✔✔A temporary insurance producer license may be issued for up to ___ days - ✔✔180
✔✔A licensee time to notify the commissioner address of change is __ days - ✔✔10
✔✔A license is suspended for any period of no less than ___ months - ✔✔3
✔✔A person whose license is revoked can apply after ___ years. The producer must
obtain a performance bond of at least____ - ✔✔2 20k
✔✔Commissioner may fine a producer up to __ per violation - ✔✔10k
✔✔The insurer must file notice of appointment within ___ days of first sale by the
producer - ✔✔15
✔✔An insurer that terminates a producer's appointment must inform the Commissioner
within how many days? - ✔✔30
✔✔Within___ days the insurer must send written of notice of the termination to the
producer - ✔✔15
✔✔Within___ days after receiving notice of the termination, the producer may file
written comments concerning the termination with the Commissioner - ✔✔30
✔✔The penalty for failing to appoint a producer is _ per offense up to___ maximum per
unappointed producer - ✔✔25 300
✔✔The producer must notify the commissioner of any administrative action taken or
criminal prosecution against the producer within ___ days - ✔✔30
2026/2027 QUESTIONS AND SOLUTIONS RATED A+
✔✔Free-look for individual HMO contracts - ✔✔10 days
✔✔HMOs must offer an annual open enrollment period of at least ___ days - ✔✔14
✔✔Any health service plan corporation that violates any applicable law is subject to a
civil penalty of no more than $______ per violation - ✔✔5k
✔✔Employee means an individual employed for at least _____ hours a week, but does
not include individuals who work on a temporary, seasonal, or substitute basis. - ✔✔20
✔✔Number of eligible full-time employees for small group health plan - ✔✔1:50
✔✔The commissioner may suspend or revoke a health carrier license and impose a
monetary penalty not to exceed____ for each violation - ✔✔25k
✔✔A health carrier electing to cease doing business in the small employer market much
notify the commissioner and each covered a small employer ____ days in advance. -
✔✔180
✔✔The health carrier cannot write new business in the Minnesota small employer
market for ____ years from the date of notification to the commissioner - ✔✔5
✔✔ The commissioner examines each insurer every __ years - ✔✔5
✔✔Fine per day if a person violates, aids, or abets a written cease and desist order -
✔✔10k
✔✔Licensee may request a hearing within __ days of commissioners order after
hearing request, the commissioner has ___ to hold the hearing - ✔✔30 30
✔✔All accident and health insurance policies must be filed with the commissioner at
least ___ days prior to use - ✔✔60
✔✔__ hours per major line of authority - ✔✔20
✔✔____ passing score of state exam - ✔✔70%
✔✔___ number of years exam results are valid for - ✔✔3
✔✔____ per line of authority - ✔✔50
, ✔✔___ credit hours per licensed producer - ✔✔24
✔✔___ hours must be in ethics - ✔✔3
✔✔___ hour partnership prior to selling LTC - ✔✔8
✔✔___ hour refresher course every two years after initial training for LTC - ✔✔4
✔✔License periods are ___ years (except for first period of licensure) - ✔✔2
✔✔Individuals must be at least ___ years old to apply for the license - ✔✔18
✔✔A temporary insurance producer license may be issued for up to ___ days - ✔✔180
✔✔A licensee time to notify the commissioner address of change is __ days - ✔✔10
✔✔A license is suspended for any period of no less than ___ months - ✔✔3
✔✔A person whose license is revoked can apply after ___ years. The producer must
obtain a performance bond of at least____ - ✔✔2 20k
✔✔Commissioner may fine a producer up to __ per violation - ✔✔10k
✔✔The insurer must file notice of appointment within ___ days of first sale by the
producer - ✔✔15
✔✔An insurer that terminates a producer's appointment must inform the Commissioner
within how many days? - ✔✔30
✔✔Within___ days the insurer must send written of notice of the termination to the
producer - ✔✔15
✔✔Within___ days after receiving notice of the termination, the producer may file
written comments concerning the termination with the Commissioner - ✔✔30
✔✔The penalty for failing to appoint a producer is _ per offense up to___ maximum per
unappointed producer - ✔✔25 300
✔✔The producer must notify the commissioner of any administrative action taken or
criminal prosecution against the producer within ___ days - ✔✔30
