MASSACHUSETTS LIFE INSURANCE PRODUCER 2026
EXAM ALL QUESTIONS AND VERIFIED ANSWERS |
ALREADY A GRADED| NEW AND REVISED
1. Which of the following statements regarding an advisors license is correct?: No CE
requirements are needed to maintain an advisors license
2. A temporary license may be issued for no longer than: 90 days
3. an applicant whos application for a producers license has been denied and who
desires a hearing with the commissioner must file a written demand for a hearing
within: 30 days
4. All of the following are requirements of an insurance advisor except: earning 60
continuing credits during the first 3 years following licensure
5. In MA, a producer must be at least: 18 years old
6. A Producers license renews every: 3 years
7. an individual who lets her producer license lapse may reinstate her license
within how many months without having to take another licensing exam?: 12
months
8. a producer who changes his address must notify the commissioner: within 30 days
9. after a producers initial renewal period, how many CE credits must be earned prior
to their next license renewal: 45
10. a producer must report to the commissioner any administrative action taken
against them by any governmental agency within: 30 days
11. all of the following are powers and duties of the commissioner EXCEPT: pros-
ecute brokers who violate state insurance laws
12. Larceny is an unfair trade practice in MA. all of the following situations describe
this practice except: a producer is overdue in sending premiums to an insurer after collecting them from an
insured.
13. the commissioner must inspect the financial records of each domestic com- pany
every: 5 years
14. a policy form may not be used in MA unless it has been approved by the
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, commissioner or has been on file for at least: 30 days
15. If a party seeking to recover on an insurance policy has been damaged by an
unfair or deceptive trade practice, the court may award additional punitive damages
of uo to: 25% of the claim
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EXAM ALL QUESTIONS AND VERIFIED ANSWERS |
ALREADY A GRADED| NEW AND REVISED
1. Which of the following statements regarding an advisors license is correct?: No CE
requirements are needed to maintain an advisors license
2. A temporary license may be issued for no longer than: 90 days
3. an applicant whos application for a producers license has been denied and who
desires a hearing with the commissioner must file a written demand for a hearing
within: 30 days
4. All of the following are requirements of an insurance advisor except: earning 60
continuing credits during the first 3 years following licensure
5. In MA, a producer must be at least: 18 years old
6. A Producers license renews every: 3 years
7. an individual who lets her producer license lapse may reinstate her license
within how many months without having to take another licensing exam?: 12
months
8. a producer who changes his address must notify the commissioner: within 30 days
9. after a producers initial renewal period, how many CE credits must be earned prior
to their next license renewal: 45
10. a producer must report to the commissioner any administrative action taken
against them by any governmental agency within: 30 days
11. all of the following are powers and duties of the commissioner EXCEPT: pros-
ecute brokers who violate state insurance laws
12. Larceny is an unfair trade practice in MA. all of the following situations describe
this practice except: a producer is overdue in sending premiums to an insurer after collecting them from an
insured.
13. the commissioner must inspect the financial records of each domestic com- pany
every: 5 years
14. a policy form may not be used in MA unless it has been approved by the
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10
, commissioner or has been on file for at least: 30 days
15. If a party seeking to recover on an insurance policy has been damaged by an
unfair or deceptive trade practice, the court may award additional punitive damages
of uo to: 25% of the claim
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