ACTUAL TEST VERIFIED QUESTIONS AND
ANSWERS STUDY GUIDE
◉ C. Business entity.
Answer: A corporation, association , partnership, limited liability
company, limited liability partnership, or other legal entity is a :
A. Limited lines producer
B. Insurance producer
C. Business entity
D. Insurance broker
◉ B. 18.
Answer: An individual applying for an insurance license in
Tennessee must be no younger than what age?
A. 16
B. 18
C. 21
D. 25
◉ A. 5.
,Answer: The commissioner must notify an insurer within _____ days
of determining that a producer is ineligible for appointment.
A. 5
B. 7
C. 10
D. 15
◉ C. 30.
Answer: Any change of address must be reported to the
Commissioner within _____ days.
A. 10
B. 21
C. 30
D. 31
◉ B. 20.
Answer: Candidates for an insurance producer's license in
Tennessee must complete how many hours or prelicensing
education per line of authority?
A. 10
B. 20
C. 40
D. 80
,◉ B. 180.
Answer: A temporary license issued to a representative of a licensed
producer who dies or becomes disabled is valid for up to how many
days?
A. 120
B. 180
C. 240
D. 360
◉ C. 24.
Answer: A license is valid for _____ months unless revoked or
suspended.
A. 12
B. 18
C. 24
D. 36
◉ A. 24.
Answer: How many hours of Continuing Education must a licensed
producer in Tennessee complete every 2 years?
A. 24
B. 36
, C. 45
D. 60
◉ D. 31.
Answer: If the Commissioner denies a license application for failure
to pay child support, the Commissioner must notify the applicant of
such denial within ____ days.
A. 10
B. 15
C. 30
D. 31
◉ B. Unfair discrimination.
Answer: Charging different rates ti insureds of the same class or
hazard company is considered which of the following unfair trade
practices?
A. Boycotting
B. Unfair discrimination
C. Rebating
D. Defamation
◉ D. Boycott, coercion and intimidation.