Social Science Business Insurance
WA State Laws and Regulations for Life and
Disability Insurance
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Washington Life and Health (Disabili... WA Life and Disability Producer com... Xcel Solutions Prope
Teacher 240 terms 75 terms Teacher 123 terms
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1 License renewal fee is $___. 2 The comissioner serves a term of __ years.
After ___ months, the licensee must retake
Washington Life and Disability Guaranty
and pass all applicable relicensing
3 4 Association (protects insureds from
insurance education courses and the
impaired or insolvent insurers) limit is $___.
applicable license examination.
Don't know?
The comissioner serves a term 4
of __ years.
The Commissioner must execute 25,000
a bond of $_____ per year.
, The commissioner must examine 5
each insurer at least every ___
years.
___ day's notice required for the 15
Commissioner to suspend or
revoke a license.
Suspension or revocation is 10
effective no less than ___ days
after a hearing.
___ days' notice to temporarily 3
suspend a license, if emergency
action is needed.
maximum length of license 12 months
suspension
Persons violating any provision 1,000
will be fined up to $___.
Civil penalty for persons 25,000
knowingly engaging in insurance
activities without a license is
$_____.
___ days is needed from 30
licensees time to notify the
Commissioner of address
change.
A surplus lines affidavit must be 60
filed with the Commissioner
within ___ days after the
insurance transaction.
Washington Life and Disability 500,000
Guaranty Association (protects
insureds from impaired or
insolvent insurers) limit is $___.
Applicant needs to be at least 18
___ years old.
A temporary insurance producer 180
license may be issued for up to
___ days.
A nonresident producer must 30
file a change of address within
___ days.
Appointment: 15
Days from the agency contract
date, or the date that the first
insurance application is
submitted than an insurer must
file a notice of appointment is
____ days.
WA State Laws and Regulations for Life and
Disability Insurance
Save
Students also studied
Flashcard sets Study guides
Washington Life and Health (Disabili... WA Life and Disability Producer com... Xcel Solutions Prope
Teacher 240 terms 75 terms Teacher 123 terms
Hazel_Wairimu Preview hauskind Preview talibanmanasseh
Stretch your brain before your first study session
Learn 1 /7 Study with Learn
4
Choose matching term
1 License renewal fee is $___. 2 The comissioner serves a term of __ years.
After ___ months, the licensee must retake
Washington Life and Disability Guaranty
and pass all applicable relicensing
3 4 Association (protects insureds from
insurance education courses and the
impaired or insolvent insurers) limit is $___.
applicable license examination.
Don't know?
The comissioner serves a term 4
of __ years.
The Commissioner must execute 25,000
a bond of $_____ per year.
, The commissioner must examine 5
each insurer at least every ___
years.
___ day's notice required for the 15
Commissioner to suspend or
revoke a license.
Suspension or revocation is 10
effective no less than ___ days
after a hearing.
___ days' notice to temporarily 3
suspend a license, if emergency
action is needed.
maximum length of license 12 months
suspension
Persons violating any provision 1,000
will be fined up to $___.
Civil penalty for persons 25,000
knowingly engaging in insurance
activities without a license is
$_____.
___ days is needed from 30
licensees time to notify the
Commissioner of address
change.
A surplus lines affidavit must be 60
filed with the Commissioner
within ___ days after the
insurance transaction.
Washington Life and Disability 500,000
Guaranty Association (protects
insureds from impaired or
insolvent insurers) limit is $___.
Applicant needs to be at least 18
___ years old.
A temporary insurance producer 180
license may be issued for up to
___ days.
A nonresident producer must 30
file a change of address within
___ days.
Appointment: 15
Days from the agency contract
date, or the date that the first
insurance application is
submitted than an insurer must
file a notice of appointment is
____ days.
