WebCe Exam Prep Questions and Verified Answers, 100% Guarantee Pass (Latest 2025) While completing an application for a health insurance policy, Dan discloses his partial blindness. The insurer will treat his
blindness as a: - Correct Answers ✅Physical Hazard
ABC insurance company fires Renee, a producer. She continues to interviews prospects, make sale presentations with company materials, and collect premiums. When dealing with Renee, the prospects believe that she has what kind of authority from ABC - Correct Answers ✅apperant Which two parties form a contract for life insurance - Correct Answers ✅Insurer and policyowner Mark knowingly exceeds his actual authority when dealing with a client. His actions cause a loss to the insurance company he represents. Which statement is correct. - Correct Answers ✅The company may be liable for marks actions Life and health insurance companies regulate themselves through each of the following entities or organizations
EXCEPT: - Correct Answers ✅Financial Industry Regulatory
Authority (FINRA) 1 / 3
WebCe Exam Prep Questions and Verified Answers, 100% Guarantee Pass (Latest 2025) An agent who sells insurance for an insurance company that does not have a certificate of authority to operate in the state
represents: - Correct Answers ✅Non-admitted Insurer
Which is not an example of a hazard - Correct Answers ✅John takes medication to control high blood pressure Which person would not be considered competent to enter into an insurance contract - Correct Answers ✅A person under the influence of alcohol The Insurance Commissioner cannot suspend or revoke an agent's license for which of the following reasons?
- Failing to meet projected sales goals
- Having an agent's license denied or suspended in another
- Forging an individual's name on an insurance application
- Accepting insurance from an unlicensed individual -
state
Correct Answers ✅A. Failing to meet projected sales goals Which of the following is not a remedy available to the Pennsylvania commissioner of insurance for committing an unfair method of competition - Correct Answers ✅imprisonment 2 / 3
WebCe Exam Prep Questions and Verified Answers, 100% Guarantee Pass (Latest 2025) Persons who commit crimes of dishonesty while engaged in interstate insurance transactions can be sentenced to all of the following except - Correct Answers ✅Imprisonment for up to 25 years If a person buys a new life insurance policy to replace an existing one, the producer must give the applicant the Notice Regarding Replacement form no later than when? - Correct Answers ✅When the application is taken Agent Jill received a letter from the department of insurance asking her to submit verification of having completed the continuing education requirements for the previous licensing period. Three weeks later, the department sent another letter. Which penalty may the department impose if Jill still has not responded to its request one month later? - Correct Answers ✅A fine of up to $100 per day violation Which of the following is not an unfair claims settlement practice if committed by an insurance company in Pennsylvania? - Correct Answers ✅failing to promptly settle a claim for which liability is uncertain An insurer must notify its current customers of its privacy policies or practices at least once every how often? - Correct Answers ✅12 months
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