INSURANCE ACTUAL EXAM PAPER 2026
QUESTIONS WITH SOLUTIONS GRADED A+
◉Appointment. Answer: Official designation of an insurance
producer (22:1558).
◉Termination of appointment. Answer: Ending of an insurance
producer's designation (22:1559).
◉Controlled business. Answer: Insurance business primarily for
personal benefit (22:1544(C)).
◉Minimum Passing Score. Answer: Required score of 70% to pass
examination.
◉Time Allowed. Answer: Total of 160 minutes for the examination.
◉Shared commissions. Answer: Commission payments split
between producers (22:1557).
, ◉Payment to unlicensed entities. Answer: Prohibition of payments
to unauthorized parties (22:1562).
◉Unfair trade practices. Answer: Deceptive practices in insurance
transactions (22:1964).
◉Misrepresentation. Answer: False statements regarding insurance
policies (22:1964(1, 18)).
◉False or deceptive advertising. Answer: Misleading promotional
materials in insurance (22:1964(2)).
◉Defamation. Answer: False statements harming another's
reputation (22:1964(3)).
◉Boycott, coercion, and intimidation. Answer: Unlawful pressure
tactics in insurance (22:1964(4)).
◉False financial statements. Answer: Inaccurate financial
representations (22:1964(5)).
◉Unfair discrimination. Answer: Inequitable treatment in insurance
policies (22:1964(7)).