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Life and Health Insurance Producer Exam

Conduct (AZ): practice questions

Our Life & Health Insurance bank has 7 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Arizona

Circulating a false or maliciously critical statement about an insurer's financial condition, calculated to injure it, is which unfair practice?

  1. Defamation
  2. Sliding
  3. Rebating
  4. Twisting
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A. Defamation — A.R.S. 20-445.

Question 2 · Arizona

What must a producer tell a prospective purchaser before starting a life insurance sales presentation?

  1. The producer's commission percentage on the policy being presented
  2. That the purchaser has a right to consult an attorney before buying
  3. That the producer is acting as a life insurance producer, and the insurer's full name
  4. The policy's surrender cost index and net payment cost index for every year of the first decade
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C. That the producer is acting as a life insurance producer, and the insurer's full name — A.A.C. R20-6-209(D)(2).

Question 3 · Arizona

If after a hearing the director finds an intentional violation of A.R.S. 20-443 or 20-449, what civil penalty may be imposed under A.R.S. 20-456(B)?

  1. Up to $25,000 per violation, not over $250,000 in any one calendar year
  2. Up to $1,000 per violation, with no aggregate limit of any kind
  3. A fixed $500 per violation, capped at $5,000 in any one year
  4. Up to $5,000 per violation, not over $50,000 in any six-month period
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D. Up to $5,000 per violation, not over $50,000 in any six-month period — A.R.S. 20-456(B).

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