WASHINGTON LAWS AND RULES
PERTINENT TO INSURANCE EXAM
2024/2025
Violations of US Code Title 18 section 1033, may result in -
Precise Answer ✔✔Fine and/or imprisonment
Charles is a producer who is licensed in Washington but resides
in Oregon. Charles is considered to be a(n) - Precise Answer
✔✔Nonresident producer
Before a producer may sell, solicit, or negotiate insurance from
an insurer, the producer must have a(n) - Precise Answer
✔✔Appointment
The act of using misrepresentation to induce an insured person
to terminate an existing policy and purchase a new policy is
referred to as - Precise Answer ✔✔Twisting
An example of an unfair claims settlement practice is - Precise
Answer ✔✔Turning down a claim without providing the basis
of denial
,One role of the Commissioner is to - Precise Answer
✔✔Enforce state insurance laws
Every producer licensed in Washington must notify the
Commissioner within ___ days of any change of the address. -
Precise Answer ✔✔30
The identity of the _____ must be made clear in every health
(disability) insurance advertisement. - Precise Answer
✔✔Insurer
A life insurance policy becomes incontestable after it has been
in force for - Precise Answer ✔✔2 years
Advertising regulations exist to - Precise Answer ✔✔Assure
full and truthful disclosures to the public
When a Medicare Supplement insurance policy is being
replaced, who must sign the notice of replacement? - Precise
Answer ✔✔The producer and the applicant
What is the MINIMUM benefit period that must be offered by a
Long-Term Care policy? - Precise Answer ✔✔12 months
, No legal action can be initiated after ___ years from the initial
time written proof of loss has been provided. - Precise Answer
✔✔3
When replacing a life insurance policy, a producer must provide
the applicant with a - Precise Answer ✔✔Notice Regarding
Replacement
A Medicare Supplement policy can be cancelled by the insurer
for - Precise Answer ✔✔Nonpayment
A company that is chartered and organized of the state in which
its home office is located is called a(n) - Precise Answer
✔✔Domestic insurer
An insurance company may only pay commissions to a(n) -
Precise Answer ✔✔Licensed producer appointed by the insurer
An example of an Unfair Claims Settlement practice is - Precise
Answer ✔✔Failing to promptly provide reasonable explanations
for the denial of claims
An insurance company that has qualified and received a
Certificate of Authority from the Insurance Department to sell
PERTINENT TO INSURANCE EXAM
2024/2025
Violations of US Code Title 18 section 1033, may result in -
Precise Answer ✔✔Fine and/or imprisonment
Charles is a producer who is licensed in Washington but resides
in Oregon. Charles is considered to be a(n) - Precise Answer
✔✔Nonresident producer
Before a producer may sell, solicit, or negotiate insurance from
an insurer, the producer must have a(n) - Precise Answer
✔✔Appointment
The act of using misrepresentation to induce an insured person
to terminate an existing policy and purchase a new policy is
referred to as - Precise Answer ✔✔Twisting
An example of an unfair claims settlement practice is - Precise
Answer ✔✔Turning down a claim without providing the basis
of denial
,One role of the Commissioner is to - Precise Answer
✔✔Enforce state insurance laws
Every producer licensed in Washington must notify the
Commissioner within ___ days of any change of the address. -
Precise Answer ✔✔30
The identity of the _____ must be made clear in every health
(disability) insurance advertisement. - Precise Answer
✔✔Insurer
A life insurance policy becomes incontestable after it has been
in force for - Precise Answer ✔✔2 years
Advertising regulations exist to - Precise Answer ✔✔Assure
full and truthful disclosures to the public
When a Medicare Supplement insurance policy is being
replaced, who must sign the notice of replacement? - Precise
Answer ✔✔The producer and the applicant
What is the MINIMUM benefit period that must be offered by a
Long-Term Care policy? - Precise Answer ✔✔12 months
, No legal action can be initiated after ___ years from the initial
time written proof of loss has been provided. - Precise Answer
✔✔3
When replacing a life insurance policy, a producer must provide
the applicant with a - Precise Answer ✔✔Notice Regarding
Replacement
A Medicare Supplement policy can be cancelled by the insurer
for - Precise Answer ✔✔Nonpayment
A company that is chartered and organized of the state in which
its home office is located is called a(n) - Precise Answer
✔✔Domestic insurer
An insurance company may only pay commissions to a(n) -
Precise Answer ✔✔Licensed producer appointed by the insurer
An example of an Unfair Claims Settlement practice is - Precise
Answer ✔✔Failing to promptly provide reasonable explanations
for the denial of claims
An insurance company that has qualified and received a
Certificate of Authority from the Insurance Department to sell
