WA State Laws and Regulations for Life and
Disability Insurance 2025| complete exam
ACTUAL QUESTIONS AND CORRECT
ANSWERS
The comissioner serves a term of __ years. - Correct answers✔4
The Commissioner must execute a bond of $_____ per year. - Correct answers✔25,000
The commissioner must examine each insurer at least every ___ years. - Correct answers✔5
___ day's notice required for the Commissioner to suspend or revoke a license. - Correct
answers✔15
Suspension or revocation is effective no less than ___ days after a hearing. - Correct answers✔10
___ days' notice to temporarily suspend a license, if emergency action is needed. - Correct
answers✔3
maximum length of license suspension - Correct answers✔12 months
Persons violating any provision will be fined up to $___. - Correct answers✔1,000
Civil penalty for persons knowingly engaging in insurance activities without a license is $_____.
- Correct answers✔25,000
, ___ days is needed from licensees time to notify the Commissioner of address change. - Correct
answers✔30
A surplus lines affidavit must be filed with the Commissioner within ___ days after the insurance
transaction. - Correct answers✔60
Washington Life and Disability Guaranty Association (protects insureds from impaired or
insolvent insurers) limit is $___. - Correct answers✔500,000
Applicant needs to be at least ___ years old. - Correct answers✔18
A temporary insurance producer license may be issued for up to ___ days. - Correct
answers✔180
A nonresident producer must file a change of address within ___ days. - Correct answers✔30
Appointment:
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. - Correct answers✔15
Appointment:
When terminating a producer appointment for cause, an insurer must inform the Commissioner
within ___ days of the termination. - Correct answers✔30
Unless suspended or revoked, licenses renew every ___ years. - Correct answers✔2
License renewal fee is $___. - Correct answers✔55
Disability Insurance 2025| complete exam
ACTUAL QUESTIONS AND CORRECT
ANSWERS
The comissioner serves a term of __ years. - Correct answers✔4
The Commissioner must execute a bond of $_____ per year. - Correct answers✔25,000
The commissioner must examine each insurer at least every ___ years. - Correct answers✔5
___ day's notice required for the Commissioner to suspend or revoke a license. - Correct
answers✔15
Suspension or revocation is effective no less than ___ days after a hearing. - Correct answers✔10
___ days' notice to temporarily suspend a license, if emergency action is needed. - Correct
answers✔3
maximum length of license suspension - Correct answers✔12 months
Persons violating any provision will be fined up to $___. - Correct answers✔1,000
Civil penalty for persons knowingly engaging in insurance activities without a license is $_____.
- Correct answers✔25,000
, ___ days is needed from licensees time to notify the Commissioner of address change. - Correct
answers✔30
A surplus lines affidavit must be filed with the Commissioner within ___ days after the insurance
transaction. - Correct answers✔60
Washington Life and Disability Guaranty Association (protects insureds from impaired or
insolvent insurers) limit is $___. - Correct answers✔500,000
Applicant needs to be at least ___ years old. - Correct answers✔18
A temporary insurance producer license may be issued for up to ___ days. - Correct
answers✔180
A nonresident producer must file a change of address within ___ days. - Correct answers✔30
Appointment:
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. - Correct answers✔15
Appointment:
When terminating a producer appointment for cause, an insurer must inform the Commissioner
within ___ days of the termination. - Correct answers✔30
Unless suspended or revoked, licenses renew every ___ years. - Correct answers✔2
License renewal fee is $___. - Correct answers✔55
