Indiana State Life and Health Insurance Exam Questions and Answers Already Passed

Indiana State Life and Health Insurance Exam Questions and Answers Already Passed How many days is a temporary producers license valid? 30 60 In Indiana, the maximum fine the the commissioner can impose on a producer or company who violates a cease and desist order is___per violation? $10,000 $15,000 $20,000 $25,000 $25,000 Which of these is an example of twisting? A producer maliciously aligns another insurance company's financial status A producer misrepresents a policy to induce a policyowner to surrender an existing policy A producer reduces the commission in order to sell a policy A producer induces a policyowner with something of value to purchase a policy A producer misrepresents a policy to induce a policyowner to surrender an existing policy Which of the following is a requirement to obtain a nonresident producer license in Indiana? Maintain a specific sales quota in resident state Own real estate in Indiana Be licensed as a producer in the producer's state of domicile Pass a special examination for nonresident producers Be licensed as a producer in the producer's state of domicile P is a producer who is licensed in Indiana, but a resident of Michigan. In Indiana , P is considered to be a____Producer? Nonresident Foreign Alien Reciprocal Nonresident If an existing Accident and Health policy is being replaced with a new policy, the decision to replace should not be based on? Waiting Periods Commissions to be Paid Exclusion and