New Jersey Laws and Rules Questions and Answers 100% Pass

New Jersey Laws and Rules Questions and Answers 100% Pass An agent is required to keep replacement forms on file for at least ____ years. 5 Maria the agent would like to advertise an annuity product on a highway billboard. which of the following must be included in the advertisement? Her name Employer sponsored group health insurance provides coverage for which of the following? Alcoholism Advertising regulations exist to Assure full and truthful disclosures to the public An agent has committed an insurance crime that violates US code 1033 (interstate commerce). Who would be responsible for the prosecution of this crime? US attorney general Producers selling insurance in New Jersey, while having a residence and business address outside the state, are? Non-resident producers The solicitation of a non-authorize contract in New Jersey violates New Jersey code A producer who intentionally makes an untrue or incomplete statement in the course of an insurance transaction may be guilty of Misrepresentation A branch office certificate must be filed at least how many days before conducting business at the specified branch? 30 days Which of the following would be considered an unfair claim practice? Misrepresenting insurance policy provisions affecting a loss Which of the following is an example of defamation? Using derogatory statements about an insurance company's financial condition Someone who sells, solicits, or negotiates insurance contracts for compensation on behalf of an insurer is called: An insurance producer An example of rebating would be A producer who shares commissions with a client The department of insurance may revoke a producers license for which of the following? Felony conviction The New Jersey temporary disability benefits law Provides non-occupational disability benefits In New Jersey, an insurer is required to maintain files of all Published and printed advertisements for 5 years from the date of last use An insurance company owned by its policyholders is known as which of the following? Mutual company Which of the following designations is regulated by the department of banking and insurance? National Association of insurance commissioners (NAIC) After an annuity contract has been delivered by the producer, the free look period is a a minimum of 10 days, but not more than 30 days