Tennessee Life Insurance EXAM LATEST
VERSION QUESTIONS AND VERIFIED
CORRECT ANSWERS JUST RELEASED
C. 30 - Answer--The Commissioner must provide a person subject to an investigation a
copy of the complaint which initiated the investigation within _______ days of receiving
the complaint.
A. 14
B. 21
C. 30
D. 31
C. Business entity - Answer--A corporation, association , partnership, limited liability
company, limited liability partnership, or other legal entity is a :
A. Limited lines producer
B. Insurance producer
C. Business entity
D. Insurance broker
B. 18 - Answer--An individual applying for an insurance license in Tennessee must be
no younger than what age?
A. 16
B. 18
C. 21
D. 25
,A. 5 - Answer--The commissioner must notify an insurer within _____ days of
determining that a producer is ineligible for appointment.
A. 5
B. 7
C. 10
D. 15
C. 30 - Answer--Any change of address must be reported to the Commissioner within
_____ days.
A. 10
B. 21
C. 30
D. 31
B. 20 - Answer--Candidates for an insurance producer's license in Tennessee must
complete how many hours or prelicensing education per line of authority?
A. 10
B. 20
C. 40
D. 80
B. 180 - Answer--A temporary license issued to a representative of a licensed producer
who dies or becomes disabled is valid for up to how many days?
A. 120
B. 180
C. 240
D. 360
C. 24 - Answer--A license is valid for _____ months unless revoked or suspended.
A. 12
B. 18
C. 24
D. 36
A. 24 - Answer--How many hours of Continuing Education must a licensed producer in
Tennessee complete every 2 years?
A. 24
B. 36
C. 45
D. 60
, D. 31 - Answer--If the Commissioner denies a license application for failure to pay child
support, the Commissioner must notify the applicant of such denial within ____ days.
A. 10
B. 15
C. 30
D. 31
B. Unfair discrimination - Answer--Charging different rates ti insureds of the same class
or hazard company is considered which of the following unfair trade practices?
A. Boycotting
B. Unfair discrimination
C. Rebating
D. Defamation
D. Boycott, coercion and intimidation - Answer--If a bank will not grant a loan unless the
borrower buys insurance from a specific company, the bank and insurer are guilty of
which of the following unfair trade practices?
A. Defamation
B. Unfair discrimination
C. Rebating
D. Boycott, coercion and intimidation
C. Rebating - Answer--What unfair and prohibited practice involves the offer of a special
premium or favor as an incentive to purchase insurance?
A. Coercion
B. Unfair discrimination
C. Rebating
D. Boycott, coercion and intimidation
A. Defamation - Answer--A producer tells an applicant for insurance that a competitor
insurer is in dire financial straits, and may not be able to honor its claims obligations.
Which unfair trade practice has the producer committed?
A. Defamation
B. Unfair discrimination
C. Rebating
D. Boycott, coercion and intimidation
D. Misrepresenting material facts or provisions relating to coverage at issue - Answer--It
is an unfair claim settlement practice to knowingly:
VERSION QUESTIONS AND VERIFIED
CORRECT ANSWERS JUST RELEASED
C. 30 - Answer--The Commissioner must provide a person subject to an investigation a
copy of the complaint which initiated the investigation within _______ days of receiving
the complaint.
A. 14
B. 21
C. 30
D. 31
C. Business entity - Answer--A corporation, association , partnership, limited liability
company, limited liability partnership, or other legal entity is a :
A. Limited lines producer
B. Insurance producer
C. Business entity
D. Insurance broker
B. 18 - Answer--An individual applying for an insurance license in Tennessee must be
no younger than what age?
A. 16
B. 18
C. 21
D. 25
,A. 5 - Answer--The commissioner must notify an insurer within _____ days of
determining that a producer is ineligible for appointment.
A. 5
B. 7
C. 10
D. 15
C. 30 - Answer--Any change of address must be reported to the Commissioner within
_____ days.
A. 10
B. 21
C. 30
D. 31
B. 20 - Answer--Candidates for an insurance producer's license in Tennessee must
complete how many hours or prelicensing education per line of authority?
A. 10
B. 20
C. 40
D. 80
B. 180 - Answer--A temporary license issued to a representative of a licensed producer
who dies or becomes disabled is valid for up to how many days?
A. 120
B. 180
C. 240
D. 360
C. 24 - Answer--A license is valid for _____ months unless revoked or suspended.
A. 12
B. 18
C. 24
D. 36
A. 24 - Answer--How many hours of Continuing Education must a licensed producer in
Tennessee complete every 2 years?
A. 24
B. 36
C. 45
D. 60
, D. 31 - Answer--If the Commissioner denies a license application for failure to pay child
support, the Commissioner must notify the applicant of such denial within ____ days.
A. 10
B. 15
C. 30
D. 31
B. Unfair discrimination - Answer--Charging different rates ti insureds of the same class
or hazard company is considered which of the following unfair trade practices?
A. Boycotting
B. Unfair discrimination
C. Rebating
D. Defamation
D. Boycott, coercion and intimidation - Answer--If a bank will not grant a loan unless the
borrower buys insurance from a specific company, the bank and insurer are guilty of
which of the following unfair trade practices?
A. Defamation
B. Unfair discrimination
C. Rebating
D. Boycott, coercion and intimidation
C. Rebating - Answer--What unfair and prohibited practice involves the offer of a special
premium or favor as an incentive to purchase insurance?
A. Coercion
B. Unfair discrimination
C. Rebating
D. Boycott, coercion and intimidation
A. Defamation - Answer--A producer tells an applicant for insurance that a competitor
insurer is in dire financial straits, and may not be able to honor its claims obligations.
Which unfair trade practice has the producer committed?
A. Defamation
B. Unfair discrimination
C. Rebating
D. Boycott, coercion and intimidation
D. Misrepresenting material facts or provisions relating to coverage at issue - Answer--It
is an unfair claim settlement practice to knowingly:
