MN Life and Health Insurance Exam COMPLETE EXAM QUESTIONS
MN Life and Health Insurance Exam
AND ACCURATE ANSWERS (2025) |ALREADY PASSED!!
Study online at https://quizlet.com/_4ra4pp
1. The commissioner examines 5 years
each insurer every ___ Years.
2. $____ fine per day if a person vi- $10,000
olates, aids, or abets a written
cease and desist order
3. License fee may request a hear- 30 Days, 30 days
ing within ____ days of commis-
sioners order. After hearing re-
quest, Commissioner has ____
days to hold the hearing.
4. All accident and health insurance 60 days
policies must be filed with the
commissioner at least ____ days
prior to use
5. During Pre-licensing... 20, 70%, 3 YEARS
____ hours per major line of au-
thority
_____% passing score on state
exam
____ number of years the exam
results are valid
6. License application fee $50 per line of authority
7. ____ Credit hours per licensed 25 credit hours, 3
producer
___ hours must be in ethics
8. 8 hour
, MN Life and Health Insurance Exam
Study online at https://quizlet.com/_4ra4pp
___ hour partnership prior to sell-
ing LTC
9. ___ hour refresher course every 4 hours
two years after initial training for
LTC
10. License periods after the first li- 2 years
censing period are___ years
11. A temporary insurance producer 180 days
license may be issued for up to
___ days
12. A licensee's time to notify 10 days
the commissioner of address
change is ___ days
13. A license is suspended for any 3 months`
period of time no less than ___
months
14. A person who's license is re- 2 years, $20,000
voked can reapply after ___
years. The producer must obtain
a performance bond of at least
_____
15. Commissioner may fine a pro- $10,000
ducer up to ___ per violation
16. The insurer must fine notice of 15 days
appointment within ___ days of
first sale by the producer.
, MN Life and Health Insurance Exam
Study online at https://quizlet.com/_4ra4pp
17. An insurer that terminates an ap- 30 days
pointment must notify the com-
missioner within _____ days
18. Within ____ days, the insurer 15 days
must send written notice of the
termination to the producer.
19. Within ___ days after receiving 30 days
notice of termination, the pro-
ducer may file written comments
concerning the termination with
the commissioner
20. The penalty for failing to appoint $25, $300
a producer is $____ per offense,
and up to $____ maximum per
unappointed producer
21. The producer must notify the 30 days
commissioner of any adminis-
trative action taken or criminal
prosecution against the produc-
er within ____ days
22. The producer must notify the 10 days
commissioner within ______ days
of any felony or gross misde-
meanor conviction, guilty plea,
or plea of no contest.
23. 12 Months
MN Life and Health Insurance Exam
AND ACCURATE ANSWERS (2025) |ALREADY PASSED!!
Study online at https://quizlet.com/_4ra4pp
1. The commissioner examines 5 years
each insurer every ___ Years.
2. $____ fine per day if a person vi- $10,000
olates, aids, or abets a written
cease and desist order
3. License fee may request a hear- 30 Days, 30 days
ing within ____ days of commis-
sioners order. After hearing re-
quest, Commissioner has ____
days to hold the hearing.
4. All accident and health insurance 60 days
policies must be filed with the
commissioner at least ____ days
prior to use
5. During Pre-licensing... 20, 70%, 3 YEARS
____ hours per major line of au-
thority
_____% passing score on state
exam
____ number of years the exam
results are valid
6. License application fee $50 per line of authority
7. ____ Credit hours per licensed 25 credit hours, 3
producer
___ hours must be in ethics
8. 8 hour
, MN Life and Health Insurance Exam
Study online at https://quizlet.com/_4ra4pp
___ hour partnership prior to sell-
ing LTC
9. ___ hour refresher course every 4 hours
two years after initial training for
LTC
10. License periods after the first li- 2 years
censing period are___ years
11. A temporary insurance producer 180 days
license may be issued for up to
___ days
12. A licensee's time to notify 10 days
the commissioner of address
change is ___ days
13. A license is suspended for any 3 months`
period of time no less than ___
months
14. A person who's license is re- 2 years, $20,000
voked can reapply after ___
years. The producer must obtain
a performance bond of at least
_____
15. Commissioner may fine a pro- $10,000
ducer up to ___ per violation
16. The insurer must fine notice of 15 days
appointment within ___ days of
first sale by the producer.
, MN Life and Health Insurance Exam
Study online at https://quizlet.com/_4ra4pp
17. An insurer that terminates an ap- 30 days
pointment must notify the com-
missioner within _____ days
18. Within ____ days, the insurer 15 days
must send written notice of the
termination to the producer.
19. Within ___ days after receiving 30 days
notice of termination, the pro-
ducer may file written comments
concerning the termination with
the commissioner
20. The penalty for failing to appoint $25, $300
a producer is $____ per offense,
and up to $____ maximum per
unappointed producer
21. The producer must notify the 30 days
commissioner of any adminis-
trative action taken or criminal
prosecution against the produc-
er within ____ days
22. The producer must notify the 10 days
commissioner within ______ days
of any felony or gross misde-
meanor conviction, guilty plea,
or plea of no contest.
23. 12 Months
