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Pearson Vue Life Insurance Test IDAHO Exam Questions & Answers (Grade A+).docx

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Pearson Vue Life Insurance Test IDAHO Exam Questions & Answers (Grade A+).docx

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Pearson Vue Life Insurance Test
IDAHO Exam Questions & Answers
(Grade A+)
An insurance company doing business in this state must operate
under:


A. an aavisory board
B. a resident board of directors
C. a certificate of authority
D. articles of incorporation filed with the Secretary of State -
correct answer ✅a certificate of authority


The Insurance Commissioner may revoke or suspend a producer's
license if the producer:


A is no longer producing a minimum amount of business


B has been indicted for a criminal offense


c. has used the license principally to solicit corporate insurance

, Pearson Vue Life Insurance Test
IDAHO Exam Questions & Answers
(Grade A+)
D. has forged another person's name on an insurance application -
correct answer ✅has forged another person's name on an
insurance application


All of the following elements must be included in a policy summary
given to a purchaser of life insurance EXCEPT the:


A names and addresses of each beneficiary


B full name and address of the insurance company


C generic names of the basic policy and each rider


D name and address of the insurance producer -
correct answer ✅names and addresses of each beneficiary


The Life Insurance and Annuity Replacement Rule is designed for
which of the following purposes?

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