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Insurance Licensing Hawaii-Life-Producer Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Life - General Knowledge | - Types of Policies
|
| Topic 2: Life - Hawaii Specific | - Hawaii Laws and Rules Pertinent to Life Insurance Only
|
Insurance Licensing Hawaii Life Producer Exam (InsHI_Life01 OPLife01) Sample Questions:
Under Hawaii Group Life Insurance law, a dependent is defined as a child of the insured who is:
- A. under the age of 21
- B. under the age of 18
- C. under the age of 26
- D. at least 15
Correct Answer: B 🗳️
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Any person who violates a cease and desist order of the Hawaii Insurance Commissioner is subject to suspension or revocation of license or a MAXIMUM fine for each violation of:
- A. $10,000
- B. $5,000
- C. $1,000
- D. $15,000
Correct Answer: A 🗳️
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After an owner executes a Hawaii life settlement contract, the life settlement provider must generally notify the insurer that issued the policy within:
- A. 20 days
- B. 10 days
- C. 5 days
- D. 30 days
Correct Answer: A 🗳️
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In a contract of adhesion, any confusing language would be interpreted in favor of which of the following parties?
- A. The insured
- B. The insurance regulatory authority
- C. The insurance company
- D. The attorney
Correct Answer: A 🗳️
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An insurance agency that runs a radio commercial stating that a producer is an expert in a particular field of insurance, when, in fact, the producer does not hold a license in that field, is guilty of:
- A. defamation
- B. false advertising
- C. misrepresentation of coverage
- D. twisting
Correct Answer: B 🗳️
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