Missouri Laws & Rules Exam 2026
Questions and Answers 100% Pass
Guaranteed
A health insurance policy application may ONLY be altered with the written
consent of the - Correct answer-Applicant
All of these statements concerning a licensee's responsibility for premiums
received are true EXCEPT - Correct answer-The licensee shall hold them in a
fiduciary capacity before transmitting them to the insurance company
In order to terminate a producer's appointment, the insurer MUST - Correct
answer-Send a notice of the termination to the Director
Health insurance plans that cover physical therapy visits may NOT impose a copay
that - Correct answer-Are greater than the copay or coinsurance for primary care
office visits
Which of the following is a requirement to attain a Missouri resident producer
license? - Correct answer-Must be 18 years or older
©COPYRIGHT 2025, ALL RIGHTS RESERVE 1
,Which of these is considered an unfair trade practice? - Correct answer-A producer
who tells a client that dividends are guaranteed
Credit Life Insurance is - Correct answer-Issued in an amount not to exceed the
amount of indebtness
The grace period for group life policy is _____ days - Correct answer-31 days
In Missouri, all health policies must address diabetes coverage in which way? -
Correct answer-Apply the same deductible and copays to covered diabetic supplies
as other medical conditions
When an insured receives chiropractic service, the copayment may NOT exceed
_____ of the total cost of providing the service - Correct answer-50%
Coverage for human leukocyte antigen testing for bone marrow transplant is
REQUIRED to be provided in all - Correct answer-Group comprehensive health
insurance
Which of these is NOT a required group life policy provision? - Correct answer-
Right to loan proceeds
Which of the following type of life insurance policies involves an investment
account that is separate from the insurer's general account? - Correct answer-
Variable life
©COPYRIGHT 2025, ALL RIGHTS RESERVE 2
, A licensee must complete ____ hours of continuing education every 2 years -
Correct answer-16 hours
After a life insurance policy has been in force for a MAXIMUM of ______ years,
it becomes incontestable - Correct answer-2 years
Which of these statements regarding health coverage for physically handicapped
dependents is FALSE? - Correct answer-The dependent must have been over 10
years of age when the handicap was incurred
If the sale of a Medicare Supplement involves replacement, all of these actions
must be performed by the producer EXCEPT - Correct answer-Notify the replaced
insurance company
Jasmine Is a salaried employee of an insurance company. Which of the following
duties would require her to be licensed as an insurance producer? - Correct answer-
Soliciting insurance policies
A producer must report any personal felony charges within ___ days of pre-trial
hearing. - Correct answer-30 days
A foreign insurance company CANNOT conduct business in Missouri without -
Correct answer-A certificate of authority
©COPYRIGHT 2025, ALL RIGHTS RESERVE 3
Questions and Answers 100% Pass
Guaranteed
A health insurance policy application may ONLY be altered with the written
consent of the - Correct answer-Applicant
All of these statements concerning a licensee's responsibility for premiums
received are true EXCEPT - Correct answer-The licensee shall hold them in a
fiduciary capacity before transmitting them to the insurance company
In order to terminate a producer's appointment, the insurer MUST - Correct
answer-Send a notice of the termination to the Director
Health insurance plans that cover physical therapy visits may NOT impose a copay
that - Correct answer-Are greater than the copay or coinsurance for primary care
office visits
Which of the following is a requirement to attain a Missouri resident producer
license? - Correct answer-Must be 18 years or older
©COPYRIGHT 2025, ALL RIGHTS RESERVE 1
,Which of these is considered an unfair trade practice? - Correct answer-A producer
who tells a client that dividends are guaranteed
Credit Life Insurance is - Correct answer-Issued in an amount not to exceed the
amount of indebtness
The grace period for group life policy is _____ days - Correct answer-31 days
In Missouri, all health policies must address diabetes coverage in which way? -
Correct answer-Apply the same deductible and copays to covered diabetic supplies
as other medical conditions
When an insured receives chiropractic service, the copayment may NOT exceed
_____ of the total cost of providing the service - Correct answer-50%
Coverage for human leukocyte antigen testing for bone marrow transplant is
REQUIRED to be provided in all - Correct answer-Group comprehensive health
insurance
Which of these is NOT a required group life policy provision? - Correct answer-
Right to loan proceeds
Which of the following type of life insurance policies involves an investment
account that is separate from the insurer's general account? - Correct answer-
Variable life
©COPYRIGHT 2025, ALL RIGHTS RESERVE 2
, A licensee must complete ____ hours of continuing education every 2 years -
Correct answer-16 hours
After a life insurance policy has been in force for a MAXIMUM of ______ years,
it becomes incontestable - Correct answer-2 years
Which of these statements regarding health coverage for physically handicapped
dependents is FALSE? - Correct answer-The dependent must have been over 10
years of age when the handicap was incurred
If the sale of a Medicare Supplement involves replacement, all of these actions
must be performed by the producer EXCEPT - Correct answer-Notify the replaced
insurance company
Jasmine Is a salaried employee of an insurance company. Which of the following
duties would require her to be licensed as an insurance producer? - Correct answer-
Soliciting insurance policies
A producer must report any personal felony charges within ___ days of pre-trial
hearing. - Correct answer-30 days
A foreign insurance company CANNOT conduct business in Missouri without -
Correct answer-A certificate of authority
©COPYRIGHT 2025, ALL RIGHTS RESERVE 3
