WASHINGTON LAWS AND RULES PERTINENT TO
INSURANCE EXAM 2024/2025
1. What may be the consequence of violating US Code Title 18, Section 1033?
A: Fine and/or imprisonment.
2. Charles, a producer licensed in Washington but residing in Oregon, is considered what type of
producer?
A: Nonresident producer.
3. Before selling, soliciting, or negotiating insurance for an insurer, what must a producer have?
A: An appointment.
4. What is the term for using misrepresentation to persuade an insured to cancel their current policy
and buy a new one?
A: Twisting.
5. Which of the following is an example of unfair claims settlement practices?
A: Denying a claim without giving a reason for the denial.
6. What is one of the roles of the Insurance Commissioner?
A: Enforce state insurance laws.
7. How many days does a producer licensed in Washington have to notify the Commissioner about an
address change?
A: 30 days.
8. In a health insurance advertisement, what must be clearly identified?
1
, A: The insurer.
9. How long must a life insurance policy be in force before it becomes incontestable?
A: 2 years.
10. Why do advertising regulations exist?
A: To ensure full and truthful disclosure to the public.
11. When replacing a Medicare Supplement insurance policy, who is required to sign the notice of
replacement?
A: Both the producer and the applicant.
12. What is the minimum benefit period for a Long-Term Care policy?
A: 12 months.
13. How long after providing proof of loss can legal action be initiated?
A: 3 years.
14. What must a producer provide to an applicant when replacing a life insurance policy?
A: Notice Regarding Replacement.
15. Under what condition can a Medicare Supplement policy be canceled?
A: Nonpayment.
16. What is a company called that is chartered and operates in the state where its home office is
located?
A: Domestic insurer.
2
INSURANCE EXAM 2024/2025
1. What may be the consequence of violating US Code Title 18, Section 1033?
A: Fine and/or imprisonment.
2. Charles, a producer licensed in Washington but residing in Oregon, is considered what type of
producer?
A: Nonresident producer.
3. Before selling, soliciting, or negotiating insurance for an insurer, what must a producer have?
A: An appointment.
4. What is the term for using misrepresentation to persuade an insured to cancel their current policy
and buy a new one?
A: Twisting.
5. Which of the following is an example of unfair claims settlement practices?
A: Denying a claim without giving a reason for the denial.
6. What is one of the roles of the Insurance Commissioner?
A: Enforce state insurance laws.
7. How many days does a producer licensed in Washington have to notify the Commissioner about an
address change?
A: 30 days.
8. In a health insurance advertisement, what must be clearly identified?
1
, A: The insurer.
9. How long must a life insurance policy be in force before it becomes incontestable?
A: 2 years.
10. Why do advertising regulations exist?
A: To ensure full and truthful disclosure to the public.
11. When replacing a Medicare Supplement insurance policy, who is required to sign the notice of
replacement?
A: Both the producer and the applicant.
12. What is the minimum benefit period for a Long-Term Care policy?
A: 12 months.
13. How long after providing proof of loss can legal action be initiated?
A: 3 years.
14. What must a producer provide to an applicant when replacing a life insurance policy?
A: Notice Regarding Replacement.
15. Under what condition can a Medicare Supplement policy be canceled?
A: Nonpayment.
16. What is a company called that is chartered and operates in the state where its home office is
located?
A: Domestic insurer.
2
