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Insurance Licensing Hawaii-Life-Producer Exam Syllabus Topics:

Insurance Licensing Hawaii Life Producer Exam (InsHI_Life01 OPLife01) Sample Questions:

Question 1

A temporary license issued by the Hawaii Insurance Division is valid for how many days?

A. 90
B. 180
C. 30
D. 60

Question 2

Which of the following life insurance policies provides a 25-year-old with the most rapid growth of cash value?

A. Straight Life
B. 20-Pay Life
C. Life Paid-Up at Age 65
D. Renewable Term to age 65

Question 3

For a public employee association to qualify as the policyholder of a group life insurance policy in Hawaii, the association must have been formed:

A. solely for collecting insurance premiums
B. primarily for the purpose of purchasing insurance
C. by an insurance company
D. for purposes other than obtaining insurance

Question 4

Which of the following items requires an insurance company to advise an applicant that the company intends to secure a report which includes details about his income and general reputation?

A. Fair Credit Reporting Act
B. USA Patriot Act
C. Freedom of Information Act
D. Uniform Provisions Law

Question 5

Insurance producers in Hawaii are required to maintain records of insurance transactions for a MINIMUM of how many years?

A. Seven
B. Ten
C. Three
D. Five

Solutions: