Tennessee Life and Health Insurance Exam
Prep 2025–2026 | 200+ Verified Application
Questions with Correct Answers | Complete
Study Guide for Licensing, State Board
Certification & Insurance Agent Training
Life and Health Insurance Exam Prep Tennessee
N is a 40-year old applicant who would like to retire at age 70. He is looking to buy a life insurance policy
with level premiums, permanent protection, and be paid-up at retirement. Which of these should N
purchase?
Universal Life
Term to Age 70
Adjustable Life
30 Pay Life
30 Pay Life
A producer needs to complete ___ of continuing education every __ years.
25;2
24;3
24;2
25;2
24;2
A producer MUST leave a buyer's guide with an applicant for which type of policy?
Credit Life insurance
Annuity
Group Life insurance
Universal Life insurance
Universal Life insurance
All of these are powers of the Commissioner EXCEPT
Incarcerate a producer
Hold hearings
Enforce insurance laws
Issue subpoenas
, Incarcerate a producer
B is an insurance producer who occasionally engages in financial planning. If B sells an insurance policy
during the course of a financial planning seminar, B must disclose to the client
the examination score received on B's licensing exam
how old B was when producer license was obtained
that a commission will be earned in addition to any fee charged for financial planning
which states B is also licensed in
that a commission will be earned in addition to any fee charged for financial planning
How long is a temporary license valid?
180 days
45 days
120 days
90 days
180 days
How often must the Commissioner examine each domestic company?
Every four years
Every 2 years
Every three years
Every five years
Every five years
In Tennessee, the definition of "individual" may include which of the following?
The individual's children
The individual's business associates
The individual's financial accounts
The individual's legal representative
The individual's legal representative
In Tennessee, the MAXIMUM fine that the Commissioner can impose on a producer is _ per violation.
$500
$1,000
$2,000
$1,500
$1,000
Insurance contracts may be sold, solicited, or negotiated by an insurance producer ONLY upon
filing an application for licensure
becoming an appointed producer of an insurer
, passing the licensure examination
issuance of license
becoming an appointed producer of an insurer
J applies for an insurance policy. What BEST describes the particular terms of this policy?
Provisional Page
Buyer's Guide
Policy Summary
AM Best Statement
Policy Summary
The Commissioner notifies the association of an insolvent insurer no later than __ days after receiving
notice of the insurer's insolvency.
30
3
5
10
3
The Commissioner would like to hold a hearing against a producer. Before the hearing is held, a notice
must be sent to the insurer's home office
must be sent by registered or certified mail to the producer's address on file
is not required
must be delivered in person
must be sent by registered or certified mail to the producer's address on file
The Insurance Commissioner is REQUIRED to do which of the following before holding a hearing that
could lead to the suspension of a producer's license.
Give written AND oral notice to the producer
Give written AND oral notice to the producer's insurance company
Give written notice to the producer
Give oral notice to the producer's insurance company
Give written notice to the producer
The Tennessee Guaranty Association is subject to review and regulation by the Commissioner. A
financial statement must be submitted no later than ____ of each year.
February 13th
March 30th
April 30th
January 3rd
March 30th
Prep 2025–2026 | 200+ Verified Application
Questions with Correct Answers | Complete
Study Guide for Licensing, State Board
Certification & Insurance Agent Training
Life and Health Insurance Exam Prep Tennessee
N is a 40-year old applicant who would like to retire at age 70. He is looking to buy a life insurance policy
with level premiums, permanent protection, and be paid-up at retirement. Which of these should N
purchase?
Universal Life
Term to Age 70
Adjustable Life
30 Pay Life
30 Pay Life
A producer needs to complete ___ of continuing education every __ years.
25;2
24;3
24;2
25;2
24;2
A producer MUST leave a buyer's guide with an applicant for which type of policy?
Credit Life insurance
Annuity
Group Life insurance
Universal Life insurance
Universal Life insurance
All of these are powers of the Commissioner EXCEPT
Incarcerate a producer
Hold hearings
Enforce insurance laws
Issue subpoenas
, Incarcerate a producer
B is an insurance producer who occasionally engages in financial planning. If B sells an insurance policy
during the course of a financial planning seminar, B must disclose to the client
the examination score received on B's licensing exam
how old B was when producer license was obtained
that a commission will be earned in addition to any fee charged for financial planning
which states B is also licensed in
that a commission will be earned in addition to any fee charged for financial planning
How long is a temporary license valid?
180 days
45 days
120 days
90 days
180 days
How often must the Commissioner examine each domestic company?
Every four years
Every 2 years
Every three years
Every five years
Every five years
In Tennessee, the definition of "individual" may include which of the following?
The individual's children
The individual's business associates
The individual's financial accounts
The individual's legal representative
The individual's legal representative
In Tennessee, the MAXIMUM fine that the Commissioner can impose on a producer is _ per violation.
$500
$1,000
$2,000
$1,500
$1,000
Insurance contracts may be sold, solicited, or negotiated by an insurance producer ONLY upon
filing an application for licensure
becoming an appointed producer of an insurer
, passing the licensure examination
issuance of license
becoming an appointed producer of an insurer
J applies for an insurance policy. What BEST describes the particular terms of this policy?
Provisional Page
Buyer's Guide
Policy Summary
AM Best Statement
Policy Summary
The Commissioner notifies the association of an insolvent insurer no later than __ days after receiving
notice of the insurer's insolvency.
30
3
5
10
3
The Commissioner would like to hold a hearing against a producer. Before the hearing is held, a notice
must be sent to the insurer's home office
must be sent by registered or certified mail to the producer's address on file
is not required
must be delivered in person
must be sent by registered or certified mail to the producer's address on file
The Insurance Commissioner is REQUIRED to do which of the following before holding a hearing that
could lead to the suspension of a producer's license.
Give written AND oral notice to the producer
Give written AND oral notice to the producer's insurance company
Give written notice to the producer
Give oral notice to the producer's insurance company
Give written notice to the producer
The Tennessee Guaranty Association is subject to review and regulation by the Commissioner. A
financial statement must be submitted no later than ____ of each year.
February 13th
March 30th
April 30th
January 3rd
March 30th
