West Virginia Laws and Rules Pertinent to Insurance Exam
2025|2026 Actual Comprehensive Real Exam Questions And
Verified Answers (100% Correct Answers) Graded A+ |
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A producer who holds a resident license in a different state
may apply for a nonresident license in West Virginia as long as:
- ANSWER-both states have a reciprocal agreement
Licensed agents moving to West Virginia from another state
have ___ days
within cancelling their previous license to apply for a
resident license here -
ANSWER-
90
Resident producers continuing education - ANSWER-Resident
producers must complete 24 hours of continuing education
every 2 years to keep their license active. 3 of those hours must
be in ethics
Which resident producers do not need to continue
education? - ANSWER-
Credit Accident and Sickness
Insurance
,A producer who allows his or her license to lapse: - ANSWER-
may within 12
months from the renewal date reinstate the license without
retaking the state
licensing exam. However, a penalty of double the unpaid
renewal fee will be
required
Direct response solicitation - ANSWER-Any offer by an
insurance company to
persons in this state (either directly or through a third party)
to effect life or
health insurance coverage which enables the individual to
apply for insurance
on the basis of the
offer
Fingerprinting - ANSWER-The Commissioner requires
fingerprinting and a
criminal history background check on all applicants as a
condition of licensing
What must the Commissioner do before holding a hearing that
may lead to the
suspension or revocation of the producer's license? -
ANSWER-Give written
notice
, Producers must report a change in address or name to
the Insurance
Commissioner within ___ days of the change -
ANSWER-30
Producers must report any bankruptcy, felony conviction, or
any other administrative action that occurs in West Virginia or
another jurisdiction to the Insurance Department when? -
ANSWER-within 30 days after the final dispostition
What must be included when a producer reports a final
disposition of an administrative action against the producer to
the Insurance Commissioner? -
ANSWER-- the initial complaint
- a copy of the order
- other relevant legal documents
Insurers are responsible for submitting an appointment notice
to the
Commissioner when? - ANSWER-within 15 days of an agent's
appointment or submission of first insurance application
An insurer that terminates an agent appointment must notify
the Commissioner
when? - ANSWER-within 30 days of the date of
termination
Within 15 days of notifying the Commissioner of a termination:
- ANSWER-The insurer must mail a copy of the notice to the
2025|2026 Actual Comprehensive Real Exam Questions And
Verified Answers (100% Correct Answers) Graded A+ |
Newest Exam | Just Released!!
A producer who holds a resident license in a different state
may apply for a nonresident license in West Virginia as long as:
- ANSWER-both states have a reciprocal agreement
Licensed agents moving to West Virginia from another state
have ___ days
within cancelling their previous license to apply for a
resident license here -
ANSWER-
90
Resident producers continuing education - ANSWER-Resident
producers must complete 24 hours of continuing education
every 2 years to keep their license active. 3 of those hours must
be in ethics
Which resident producers do not need to continue
education? - ANSWER-
Credit Accident and Sickness
Insurance
,A producer who allows his or her license to lapse: - ANSWER-
may within 12
months from the renewal date reinstate the license without
retaking the state
licensing exam. However, a penalty of double the unpaid
renewal fee will be
required
Direct response solicitation - ANSWER-Any offer by an
insurance company to
persons in this state (either directly or through a third party)
to effect life or
health insurance coverage which enables the individual to
apply for insurance
on the basis of the
offer
Fingerprinting - ANSWER-The Commissioner requires
fingerprinting and a
criminal history background check on all applicants as a
condition of licensing
What must the Commissioner do before holding a hearing that
may lead to the
suspension or revocation of the producer's license? -
ANSWER-Give written
notice
, Producers must report a change in address or name to
the Insurance
Commissioner within ___ days of the change -
ANSWER-30
Producers must report any bankruptcy, felony conviction, or
any other administrative action that occurs in West Virginia or
another jurisdiction to the Insurance Department when? -
ANSWER-within 30 days after the final dispostition
What must be included when a producer reports a final
disposition of an administrative action against the producer to
the Insurance Commissioner? -
ANSWER-- the initial complaint
- a copy of the order
- other relevant legal documents
Insurers are responsible for submitting an appointment notice
to the
Commissioner when? - ANSWER-within 15 days of an agent's
appointment or submission of first insurance application
An insurer that terminates an agent appointment must notify
the Commissioner
when? - ANSWER-within 30 days of the date of
termination
Within 15 days of notifying the Commissioner of a termination:
- ANSWER-The insurer must mail a copy of the notice to the
