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WEST VIRGINIA LAWS AND RULES PERTINENT TO INSURANCE
EXAM LATEST 2025/2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS (100% VERIFIED
ANSWERS) |ALREADY GRADED A+| ||PROFESSOR VERIFIED||
||BRANDNEW!!!||
Penalty if the Commissioner finds knowingly guilty - ANSWER-
$5,000 per violation, maximum $100,000 for all violations
Insurance transactions include any of these: - ANSWER--
solicitation or inducement to purchase insurance
- negotiations toward the sale of insurance
- executing a contract of insurance
- advising on coverages and claims
A licensee may not transact insurance business in West Virginia
until: - ANSWER-the licensee is appointed by an insurer
Producer - ANSWER-An individual who in any manner sells,
solicits, or negotiates insurance on behalf of insurance companies
for compensation
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The licensing of insurance producers is needed to: - ANSWER-
protect the public
In West Virginia, an individual producer is considered to: -
ANSWER-represent the insurance company
An applicant for a resident producer license in West Virginia must:
- ANSWER--Be at least 18 years of age
- Not have committed any act that is grounds for denial,
suspension, or revocation
- Completed a prelicensing course
- Have passed the state exam for the lines of authority in which
licensure is sought
- Submit application with fees
- Not intend to use the license primarily to write controlled
business
- Be deemed trustworthy and competent
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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
WEST VIRGINIA LAWS AND RULES PERTINENT TO INSURANCE
EXAM LATEST 2025/2026 ACTUAL EXAM WITH COMPLETE
QUESTIONS AND CORRECT DETAILED ANSWERS (100% VERIFIED
ANSWERS) |ALREADY GRADED A+| ||PROFESSOR VERIFIED||
||BRANDNEW!!!||
Penalty if the Commissioner finds knowingly guilty - ANSWER-
$5,000 per violation, maximum $100,000 for all violations
Insurance transactions include any of these: - ANSWER--
solicitation or inducement to purchase insurance
- negotiations toward the sale of insurance
- executing a contract of insurance
- advising on coverages and claims
A licensee may not transact insurance business in West Virginia
until: - ANSWER-the licensee is appointed by an insurer
Producer - ANSWER-An individual who in any manner sells,
solicits, or negotiates insurance on behalf of insurance companies
for compensation
,2|Page
The licensing of insurance producers is needed to: - ANSWER-
protect the public
In West Virginia, an individual producer is considered to: -
ANSWER-represent the insurance company
An applicant for a resident producer license in West Virginia must:
- ANSWER--Be at least 18 years of age
- Not have committed any act that is grounds for denial,
suspension, or revocation
- Completed a prelicensing course
- Have passed the state exam for the lines of authority in which
licensure is sought
- Submit application with fees
- Not intend to use the license primarily to write controlled
business
- Be deemed trustworthy and competent
, 3|Page
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
