1|Page
Delaware Life Producer Exam 2025 with 250
Practice Questions and Correct Verified Answers/
DE Life Producer License Practice Test Latest
(New!)
A(n) _ may also perform the duties of a consultant. -
...ANSWER...✓✓ producer
What is an example of a producer's implied authority? -
...ANSWER...✓✓ Collecting premiums
The Commissioner may suspend or revoke a producer's
license for - ...ANSWER...✓✓ keeping premiums owed to
the insurer
An insurer is charged _ for submitting an application for a
certificate of authority in Delaware. - ...ANSWER...✓✓
$700
In Delaware, an insurer is prohibited from -
...ANSWER...✓✓ making a political contribution to any
candidate for the office of the Commissioner.
,2|Page
Which of the following is the reimbursement of benefits
for the treatment of a beneficiary's injuries caused by a
third party? - ...ANSWER...✓✓ Subrogation
The clause is an Accident and Health policy which defines
the benefit amounts the insurer will pay is called the -
...ANSWER...✓✓ Insuring clause... it states the amount of
benefits to be paid in an Accident and Health policy
Which of the following is NOT an example of a producer's
breach of fiduciary duty? - ...ANSWER...✓✓ allowing
premiums to be submitted electronically
Which health policy clause stipulates that an insurance
company must attach a copy of the application to the
policy to ensure that it is part of the contract? -
...ANSWER...✓✓ Entire Contract
What percentage of employees must participate in a
noncontributory group life insurance plan? -
...ANSWER...✓✓ 100%
,3|Page
A licensee's business records must be maintained and
made available for inspection by the Commissioner for a
period of - ...ANSWER...✓✓ 3 years
When an existing life insurance policy is being reissued
with a reduction in cash value, the producer must sign the
- ...ANSWER...✓✓ Notice Regarding Replacement of Life
Insurance or Annuity
Which of the following statements about Credit Life
insurance is true? - ...ANSWER...✓✓ A debtor may use
existing coverage already in force
Long-Term Care insurance provides custodial coverage in
the event an insured cannot - ...ANSWER...✓✓ perform
activities of daily living
A producer must report a change in address to the
Commissioner within - ...ANSWER...✓✓ 30 days
E&O (Errors and Omissions) insurance protects a(n) -
...ANSWER...✓✓ producer against disgruntled clients
, 4|Page
To maintain continued coverage for a newborn under an
accident and sickness policy, the policy owner must
provide notification of birth and payment of premium to
the insurance company within a MAXIMUM of how many
days after birth? - ...ANSWER...✓✓ Thirty-one
Market Conduct examinations include all of these areas
EXCEPT - ...ANSWER...✓✓ producer contracts... it does
include underwriting, marketing tactics, and advertising
What is the basics of a producer's fiduciary responsibility?
- ...ANSWER...✓✓ Collecting premiums and paying them
to the insurance company
What action by a producer can be considered rebating? -
...ANSWER...✓✓ Splitting commissions with a
policyholder who has purchased additional coverage
What is required for HIV testing of an applicant? -
...ANSWER...✓✓ The applicant's written consent
Delaware Life Producer Exam 2025 with 250
Practice Questions and Correct Verified Answers/
DE Life Producer License Practice Test Latest
(New!)
A(n) _ may also perform the duties of a consultant. -
...ANSWER...✓✓ producer
What is an example of a producer's implied authority? -
...ANSWER...✓✓ Collecting premiums
The Commissioner may suspend or revoke a producer's
license for - ...ANSWER...✓✓ keeping premiums owed to
the insurer
An insurer is charged _ for submitting an application for a
certificate of authority in Delaware. - ...ANSWER...✓✓
$700
In Delaware, an insurer is prohibited from -
...ANSWER...✓✓ making a political contribution to any
candidate for the office of the Commissioner.
,2|Page
Which of the following is the reimbursement of benefits
for the treatment of a beneficiary's injuries caused by a
third party? - ...ANSWER...✓✓ Subrogation
The clause is an Accident and Health policy which defines
the benefit amounts the insurer will pay is called the -
...ANSWER...✓✓ Insuring clause... it states the amount of
benefits to be paid in an Accident and Health policy
Which of the following is NOT an example of a producer's
breach of fiduciary duty? - ...ANSWER...✓✓ allowing
premiums to be submitted electronically
Which health policy clause stipulates that an insurance
company must attach a copy of the application to the
policy to ensure that it is part of the contract? -
...ANSWER...✓✓ Entire Contract
What percentage of employees must participate in a
noncontributory group life insurance plan? -
...ANSWER...✓✓ 100%
,3|Page
A licensee's business records must be maintained and
made available for inspection by the Commissioner for a
period of - ...ANSWER...✓✓ 3 years
When an existing life insurance policy is being reissued
with a reduction in cash value, the producer must sign the
- ...ANSWER...✓✓ Notice Regarding Replacement of Life
Insurance or Annuity
Which of the following statements about Credit Life
insurance is true? - ...ANSWER...✓✓ A debtor may use
existing coverage already in force
Long-Term Care insurance provides custodial coverage in
the event an insured cannot - ...ANSWER...✓✓ perform
activities of daily living
A producer must report a change in address to the
Commissioner within - ...ANSWER...✓✓ 30 days
E&O (Errors and Omissions) insurance protects a(n) -
...ANSWER...✓✓ producer against disgruntled clients
, 4|Page
To maintain continued coverage for a newborn under an
accident and sickness policy, the policy owner must
provide notification of birth and payment of premium to
the insurance company within a MAXIMUM of how many
days after birth? - ...ANSWER...✓✓ Thirty-one
Market Conduct examinations include all of these areas
EXCEPT - ...ANSWER...✓✓ producer contracts... it does
include underwriting, marketing tactics, and advertising
What is the basics of a producer's fiduciary responsibility?
- ...ANSWER...✓✓ Collecting premiums and paying them
to the insurance company
What action by a producer can be considered rebating? -
...ANSWER...✓✓ Splitting commissions with a
policyholder who has purchased additional coverage
What is required for HIV testing of an applicant? -
...ANSWER...✓✓ The applicant's written consent
