TENNESSEE LIFE INSURANCE EXAM 100 2026
PRACTICE TEST PREMIUM QUESTIONS AND
ACCURATE ANSWERS ONE HUNDRED
PERCENT CORRECT
◉ D. Misrepresenting material facts or provisions relating to
coverage at issue.
Answer: It is an unfair claim settlement practice to knowingly:
A. Promptly settle claims
B. Pay claims without conducting a reasonable investigation
C. Provide an accurate explanation for claim details
D. Misrepresenting material facts or provisions relating to coverage
at issue
◉ C. Illegally replace a life policy.
Answer: It is an unfair trade practice to:
A. File a material misstatement about a person's financial condition
or business
B. Keep a complete record of all complaints received since an
insurer's last examination date
C. Illegally replace a life policy
,D. Filing with the Commissioner the policy and certificate for the
sale of LTC insurance
◉ B. $300,000.
Answer: The Tennessee Life and Health Guaranty Association will
pay up to how much in death benefits for one life?
A. $200,000
B. $300,000
C. $400,000
D. $500,000
◉ B. Equivalent Level Death Benefit.
Answer: The average annual guaranteed death benefit over the life
of the policy is the definition of:
A. Cash dividend
B. Equivalent Level Death Benefit
C. Generic Name
D. Life Insurance Net Payment Cost Index
◉ C. 20.
Answer: For replacement life policies, the free look period must be
at least _____ days.
A. 7
, B. 10
C. 20
D. 30
◉ D. 60.
Answer: Death benefits must be paid within _____ days after the
insurer receives the proof of death.
A. 30
B. 31
C. 45
D. 60
◉ A. 2.
Answer: The insurer is not liable of the insured, whether sane or
insane, commits suicide within the first _____ years the policy is in
force.
A. 2
B. 3
C. 4
D. 5
◉ C. The Commissioner.
PRACTICE TEST PREMIUM QUESTIONS AND
ACCURATE ANSWERS ONE HUNDRED
PERCENT CORRECT
◉ D. Misrepresenting material facts or provisions relating to
coverage at issue.
Answer: It is an unfair claim settlement practice to knowingly:
A. Promptly settle claims
B. Pay claims without conducting a reasonable investigation
C. Provide an accurate explanation for claim details
D. Misrepresenting material facts or provisions relating to coverage
at issue
◉ C. Illegally replace a life policy.
Answer: It is an unfair trade practice to:
A. File a material misstatement about a person's financial condition
or business
B. Keep a complete record of all complaints received since an
insurer's last examination date
C. Illegally replace a life policy
,D. Filing with the Commissioner the policy and certificate for the
sale of LTC insurance
◉ B. $300,000.
Answer: The Tennessee Life and Health Guaranty Association will
pay up to how much in death benefits for one life?
A. $200,000
B. $300,000
C. $400,000
D. $500,000
◉ B. Equivalent Level Death Benefit.
Answer: The average annual guaranteed death benefit over the life
of the policy is the definition of:
A. Cash dividend
B. Equivalent Level Death Benefit
C. Generic Name
D. Life Insurance Net Payment Cost Index
◉ C. 20.
Answer: For replacement life policies, the free look period must be
at least _____ days.
A. 7
, B. 10
C. 20
D. 30
◉ D. 60.
Answer: Death benefits must be paid within _____ days after the
insurer receives the proof of death.
A. 30
B. 31
C. 45
D. 60
◉ A. 2.
Answer: The insurer is not liable of the insured, whether sane or
insane, commits suicide within the first _____ years the policy is in
force.
A. 2
B. 3
C. 4
D. 5
◉ C. The Commissioner.
