WASHINGTON LAWS AND RULES PERTINENT
TO INSURANCE EXAM 2025-2026 WITH 160
QUESTIONS AND ACCURATE ANSWERS |
ALREADY GRADED A+ | GUARANTEED PASS |
WASHINGTON LAWS AND RULES PERTINENT
TO INSURANCE EXAM [LATEST VERSION]
A Medicare Supplement policy can be cancelled by the insurer for - ANSWER-
Nonpayment
A company that is chartered and organized of the state in which its home office is
located is called a(n) - ANSWER-Domestic insurer
An insurance company may only pay commissions to a(n) - ANSWER-Licensed
producer appointed by the insurer
An example of an Unfair Claims Settlement practice is - 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 insurance in this state is called a(n) -
ANSWER-Authorized insurer
,Replacement can be BEST described as - ANSWER-Exchanging a new policy for
one already in force
An insurer may exclude preexisting conditions on a Medicare Supplement policy
for ___ months. - ANSWER-6
What is the purpose of the Washington Life and Disability Insurance Guaranty
Association? - ANSWER-Ensures that claims filed against insolvent insurance
companies will be paid
An example of rebating is - ANSWER-A producer who shares commissions with a
client
The required grace period for life insurance policies sold in Washington is -
ANSWER-30 days
Kiara filled out a life insurance application and was given a policy illustration that
showed future premiums being paid out of nonguaranteed values. This illustration
MUST disclose that - ANSWER-She may need to resume premium payments,
depending on actual results
Violations of US Code Title 18 section 1033, may result in - 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) - ANSWER-Nonresident producer
Before a producer may sell, solicit, or negotiate insurance from an insurer, the
producer must have a(n) - 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 - ANSWER-Twisting
An example of an unfair claims settlement practice is - ANSWER-Turning down a
claim without providing the basis of denial
One role of the Commissioner is to - ANSWER-Enforce state insurance laws
Every producer licensed in Washington must notify the Commissioner within ___
days of any change of the address. - ANSWER-30
The identity of the _____ must be made clear in every health (disability) insurance
advertisement. - ANSWER-Insurer
A life insurance policy becomes incontestable after it has been in force for -
ANSWER-2 years
Advertising regulations exist to - 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? - ANSWER-The producer and the applicant
What is the MINIMUM benefit period that must be offered by a Long-Term Care
policy? - ANSWER-12 months
TO INSURANCE EXAM 2025-2026 WITH 160
QUESTIONS AND ACCURATE ANSWERS |
ALREADY GRADED A+ | GUARANTEED PASS |
WASHINGTON LAWS AND RULES PERTINENT
TO INSURANCE EXAM [LATEST VERSION]
A Medicare Supplement policy can be cancelled by the insurer for - ANSWER-
Nonpayment
A company that is chartered and organized of the state in which its home office is
located is called a(n) - ANSWER-Domestic insurer
An insurance company may only pay commissions to a(n) - ANSWER-Licensed
producer appointed by the insurer
An example of an Unfair Claims Settlement practice is - 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 insurance in this state is called a(n) -
ANSWER-Authorized insurer
,Replacement can be BEST described as - ANSWER-Exchanging a new policy for
one already in force
An insurer may exclude preexisting conditions on a Medicare Supplement policy
for ___ months. - ANSWER-6
What is the purpose of the Washington Life and Disability Insurance Guaranty
Association? - ANSWER-Ensures that claims filed against insolvent insurance
companies will be paid
An example of rebating is - ANSWER-A producer who shares commissions with a
client
The required grace period for life insurance policies sold in Washington is -
ANSWER-30 days
Kiara filled out a life insurance application and was given a policy illustration that
showed future premiums being paid out of nonguaranteed values. This illustration
MUST disclose that - ANSWER-She may need to resume premium payments,
depending on actual results
Violations of US Code Title 18 section 1033, may result in - 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) - ANSWER-Nonresident producer
Before a producer may sell, solicit, or negotiate insurance from an insurer, the
producer must have a(n) - 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 - ANSWER-Twisting
An example of an unfair claims settlement practice is - ANSWER-Turning down a
claim without providing the basis of denial
One role of the Commissioner is to - ANSWER-Enforce state insurance laws
Every producer licensed in Washington must notify the Commissioner within ___
days of any change of the address. - ANSWER-30
The identity of the _____ must be made clear in every health (disability) insurance
advertisement. - ANSWER-Insurer
A life insurance policy becomes incontestable after it has been in force for -
ANSWER-2 years
Advertising regulations exist to - 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? - ANSWER-The producer and the applicant
What is the MINIMUM benefit period that must be offered by a Long-Term Care
policy? - ANSWER-12 months
