Page |1
NJ Life Producer Exam Study Life
Insurance COMPREHENSIVE QUESTIONS
AND VERIFIED ANSWERS (DETAILED &
ELABORATED) ACTUAL EXAM 2025 TEST
100% SOLVED 2025! !!
Renewable Term Life Insurance
Ans: An insurer must renew a renewable term policy at the
policyowner's request regardless of the insurability status of
the insured.
Fixed-amount
Ans: The settlement option that provides for payments to be
made in regular installments to a beneficiary until the p rincipal
and interest are exhausted best describes:
Must give public reasonable access.
Ans: What hours of operation is a branch office required to
have?
Amount of indeptness
All rights reserved © 2025/ 2026 |
, Page |2
Ans: Under a Credit Life Policy, the amount of coverage shall
not exceed the:
180 Days
Ans: In most circumstances, a temporary license in New Jersey
shall not be valid for a period longer than:
31 Days
Ans: Telemarketers must update their solicitation lists with
the National Do Not Call Registry every...
Notify the Producer whose policy is being replaced
Ans: When replacing existing life insurance, an agent MUST...
have their principle office in New Jersey
Ans: A producer who wishes to hold a Resident NJ Life
Producer license, who lives in another state, must...
The ceding insurer
Ans: A insurer procuring insurance for itself from another
insurer is called...
All rights reserved © 2025/ 2026 |
, Page |3
90 days
Ans: A business name authorization expires in
12 months
Ans: A first time applicant is someone who has not been
licensed as a producer for the previous...
12 months
Ans: When applying for a producer's license, an applicant must
have passed the State Licensing Exam within how long from the
date of their application for license?
Interest-only
Ans: In which of the following are proceeds left with the
insurer and earnings sent to the beneficiary?
Variable Life
Ans: Under what type of life insurance policy will the death
benefit vary, based on the performance of an underlying
portfolio of securities?
All rights reserved © 2025/ 2026 |
NJ Life Producer Exam Study Life
Insurance COMPREHENSIVE QUESTIONS
AND VERIFIED ANSWERS (DETAILED &
ELABORATED) ACTUAL EXAM 2025 TEST
100% SOLVED 2025! !!
Renewable Term Life Insurance
Ans: An insurer must renew a renewable term policy at the
policyowner's request regardless of the insurability status of
the insured.
Fixed-amount
Ans: The settlement option that provides for payments to be
made in regular installments to a beneficiary until the p rincipal
and interest are exhausted best describes:
Must give public reasonable access.
Ans: What hours of operation is a branch office required to
have?
Amount of indeptness
All rights reserved © 2025/ 2026 |
, Page |2
Ans: Under a Credit Life Policy, the amount of coverage shall
not exceed the:
180 Days
Ans: In most circumstances, a temporary license in New Jersey
shall not be valid for a period longer than:
31 Days
Ans: Telemarketers must update their solicitation lists with
the National Do Not Call Registry every...
Notify the Producer whose policy is being replaced
Ans: When replacing existing life insurance, an agent MUST...
have their principle office in New Jersey
Ans: A producer who wishes to hold a Resident NJ Life
Producer license, who lives in another state, must...
The ceding insurer
Ans: A insurer procuring insurance for itself from another
insurer is called...
All rights reserved © 2025/ 2026 |
, Page |3
90 days
Ans: A business name authorization expires in
12 months
Ans: A first time applicant is someone who has not been
licensed as a producer for the previous...
12 months
Ans: When applying for a producer's license, an applicant must
have passed the State Licensing Exam within how long from the
date of their application for license?
Interest-only
Ans: In which of the following are proceeds left with the
insurer and earnings sent to the beneficiary?
Variable Life
Ans: Under what type of life insurance policy will the death
benefit vary, based on the performance of an underlying
portfolio of securities?
All rights reserved © 2025/ 2026 |
