WASHINGTON LAWS AND RULES PERTINENT TO INSURANCE
EXAM ACTUAL EXAM 2026 | UPDATED QUESTIONS AND
CORRECT ANSWERS | GRADED A+ | VERIFIED ANSWERS |
JUST RELEASED
A producer has committed an insurance crime that violates the U.S.
Code 1033 (interstate commerce). Who would be responsible for the
prosecution of this crime? ---------CORRECT ANSWER-----------------US
Attorney General
A producer is meeting with a client to determine whether an annuity
would be suitable for purchase. Which of the following topics needs to
be discussed with the client? ---------CORRECT ANSWER-----------------
Financial objectives
A producer who is licensed in Washington but resident in another state
is called a ---------CORRECT ANSWER-----------------Nonresident producer
The grace period for an accident and health (disability) policy is ___
days for weekly premium policies. ---------CORRECT ANSWER---------------
--7
,An insurer must submit all policy forms and applications to the
Commissioner at least ___ days before they can be used. ---------
CORRECT ANSWER-----------------30
The Washington Life and Health _____ Association is used to
rehabilitate insolvent users. ---------CORRECT ANSWER-----------------
Guaranty
Barry offers Chris a mountain cabin for the weekend to secure his order
for his insurance business. This is an example of ---------CORRECT
ANSWER-----------------Rebating
A temporary license is valid for a maximum of ___ days ---------CORRECT
ANSWER-----------------180
XYZ Life Insurance company's home office is located in Ohio and is
incorporated in Ohio. In Washington, they are considered to be ---------
CORRECT ANSWER-----------------Foreign
,In Washington, a Long-Term Care policy must be ______ renewable. ----
-----CORRECT ANSWER-----------------Guaranteed
Coverage for newborns under an accident and health (disability) plan
MUST include coverage for ---------CORRECT ANSWER-----------------Birth
abnormalities
In Washington, an insurance producer cannot sell, solicit, or negotiate
policies for an insurer unless there is an agreement in place between
the producer and insurer. This agreement is called a(n) ---------CORRECT
ANSWER-----------------Appointment
A life policy loan in Washington cannot charge a fixed rate of interest
higher than ---------CORRECT ANSWER-----------------8%
A producer's license may only be suspended or revoked if the producer
---------CORRECT ANSWER-----------------Has been afforded a right to a
hearing
, Producers must complete ___ hours of continuing education
biannually. ---------CORRECT ANSWER-----------------24
Benefits for a Medicare Supplement policy ---------CORRECT ANSWER----
-------------Must not duplicate Medicare benefits
Carmen's individual life insurance policy has recently lapsed. She may
reinstate her policy anytime within ___ year(s) ---------CORRECT
ANSWER-----------------3
Washington requires that an insurance producer must complete ___
hour(s) of continuing education on the subject of laws and ethics every
reporting period. ---------CORRECT ANSWER-----------------3
Which of these is NOT an Unfair Claims Settlement practice? ---------
CORRECT ANSWER-----------------Providing claim payments to insureds
under the the guidance of the insurance contract
Violations of US Code Title 18 section 1033, may result in ---------
CORRECT ANSWER-----------------Fine and/or imprisonment
EXAM ACTUAL EXAM 2026 | UPDATED QUESTIONS AND
CORRECT ANSWERS | GRADED A+ | VERIFIED ANSWERS |
JUST RELEASED
A producer has committed an insurance crime that violates the U.S.
Code 1033 (interstate commerce). Who would be responsible for the
prosecution of this crime? ---------CORRECT ANSWER-----------------US
Attorney General
A producer is meeting with a client to determine whether an annuity
would be suitable for purchase. Which of the following topics needs to
be discussed with the client? ---------CORRECT ANSWER-----------------
Financial objectives
A producer who is licensed in Washington but resident in another state
is called a ---------CORRECT ANSWER-----------------Nonresident producer
The grace period for an accident and health (disability) policy is ___
days for weekly premium policies. ---------CORRECT ANSWER---------------
--7
,An insurer must submit all policy forms and applications to the
Commissioner at least ___ days before they can be used. ---------
CORRECT ANSWER-----------------30
The Washington Life and Health _____ Association is used to
rehabilitate insolvent users. ---------CORRECT ANSWER-----------------
Guaranty
Barry offers Chris a mountain cabin for the weekend to secure his order
for his insurance business. This is an example of ---------CORRECT
ANSWER-----------------Rebating
A temporary license is valid for a maximum of ___ days ---------CORRECT
ANSWER-----------------180
XYZ Life Insurance company's home office is located in Ohio and is
incorporated in Ohio. In Washington, they are considered to be ---------
CORRECT ANSWER-----------------Foreign
,In Washington, a Long-Term Care policy must be ______ renewable. ----
-----CORRECT ANSWER-----------------Guaranteed
Coverage for newborns under an accident and health (disability) plan
MUST include coverage for ---------CORRECT ANSWER-----------------Birth
abnormalities
In Washington, an insurance producer cannot sell, solicit, or negotiate
policies for an insurer unless there is an agreement in place between
the producer and insurer. This agreement is called a(n) ---------CORRECT
ANSWER-----------------Appointment
A life policy loan in Washington cannot charge a fixed rate of interest
higher than ---------CORRECT ANSWER-----------------8%
A producer's license may only be suspended or revoked if the producer
---------CORRECT ANSWER-----------------Has been afforded a right to a
hearing
, Producers must complete ___ hours of continuing education
biannually. ---------CORRECT ANSWER-----------------24
Benefits for a Medicare Supplement policy ---------CORRECT ANSWER----
-------------Must not duplicate Medicare benefits
Carmen's individual life insurance policy has recently lapsed. She may
reinstate her policy anytime within ___ year(s) ---------CORRECT
ANSWER-----------------3
Washington requires that an insurance producer must complete ___
hour(s) of continuing education on the subject of laws and ethics every
reporting period. ---------CORRECT ANSWER-----------------3
Which of these is NOT an Unfair Claims Settlement practice? ---------
CORRECT ANSWER-----------------Providing claim payments to insureds
under the the guidance of the insurance contract
Violations of US Code Title 18 section 1033, may result in ---------
CORRECT ANSWER-----------------Fine and/or imprisonment
