Study Guide Ins TX - LAH05 - General Lines - Life, Accident, and Hea... file:///C:/Users/HP/Desktop/New%20folder/Study%20Guide%20Ins
Study Guide Ins TX - LAH05 - General Lines -
Life, Accident, and Health
Questions & Answers
1. · A newly license General Lines agent must complete a MINIMUM of
hours of continuing education within months after initial license.
Answer 24
2. · Insurance agent licenses normally must be renewed every years.
Answer 2
3. · An agent must include a statement that are not guaranteed
during a sales presentation for a participating life insurance policy.
Answer Dividends
4. Dividend
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,Study Guide Ins TX - LAH05 - General Lines - Life, Accident, and Hea... file:///C:/Users/HP/Desktop/New%20folder/Study%20Guide%20Ins
Answer a partial return of premium to the insured based on the insurer's
financial performance or on the insured's own loss experience. Insurers cannot
legally guarantee the payment of dividends.
5. An applicant for an agent's license must be...
Answer honest, trustworthy, and reliable.
6. An agent who tells claimants that their rights may be impaired if they fail to
complete a release form within a given period could be guilty of .
Answer Coer- cion
7. Coercion
Answer Persuading someone to do something by using force or threats.
8. An agent who tells a client that dividends are guaranteed may be guilty of
.
Answer misrepresentation
9. An agent may legally share commissions only with....
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,Study Guide Ins TX - LAH05 - General Lines - Life, Accident, and Hea... file:///C:/Users/HP/Desktop/New%20folder/Study%20Guide%20Ins
Answer another agent who islicensed in the same line of insurance.
10. An agent whose license has been revoked is required to wait at............
Answer least five
years before applying for a new license.
11. An insurance company must send a notice of the termination to the ........ .
Answer -
Texas Department of Insurance
12. The Commissioner of Insurance
Answer oversees the regulation of insurance in thestate and administers the
worker's compensation system. Protects the insurance industry fairly and diligently,
promoting a stable and competitive market.
13. The Insurance Commissioner may examine the records of an insurance
company in order to determine the of the company
Answer Solvency
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Study Guide Ins TX - LAH05 - General Lines -
Life, Accident, and Health
Questions & Answers
1. · A newly license General Lines agent must complete a MINIMUM of
hours of continuing education within months after initial license.
Answer 24
2. · Insurance agent licenses normally must be renewed every years.
Answer 2
3. · An agent must include a statement that are not guaranteed
during a sales presentation for a participating life insurance policy.
Answer Dividends
4. Dividend
1/6
1 of 21 12/16/2024, 5:39
,Study Guide Ins TX - LAH05 - General Lines - Life, Accident, and Hea... file:///C:/Users/HP/Desktop/New%20folder/Study%20Guide%20Ins
Answer a partial return of premium to the insured based on the insurer's
financial performance or on the insured's own loss experience. Insurers cannot
legally guarantee the payment of dividends.
5. An applicant for an agent's license must be...
Answer honest, trustworthy, and reliable.
6. An agent who tells claimants that their rights may be impaired if they fail to
complete a release form within a given period could be guilty of .
Answer Coer- cion
7. Coercion
Answer Persuading someone to do something by using force or threats.
8. An agent who tells a client that dividends are guaranteed may be guilty of
.
Answer misrepresentation
9. An agent may legally share commissions only with....
2/6
2 of 21 12/16/2024, 5:39
,Study Guide Ins TX - LAH05 - General Lines - Life, Accident, and Hea... file:///C:/Users/HP/Desktop/New%20folder/Study%20Guide%20Ins
Answer another agent who islicensed in the same line of insurance.
10. An agent whose license has been revoked is required to wait at............
Answer least five
years before applying for a new license.
11. An insurance company must send a notice of the termination to the ........ .
Answer -
Texas Department of Insurance
12. The Commissioner of Insurance
Answer oversees the regulation of insurance in thestate and administers the
worker's compensation system. Protects the insurance industry fairly and diligently,
promoting a stable and competitive market.
13. The Insurance Commissioner may examine the records of an insurance
company in order to determine the of the company
Answer Solvency
3/6
3 of 21 12/16/2024, 5:39
