semplr.

Exams · Certifications · Licensing

Life and Health Insurance Producer Exam

Conduct (NE): practice questions

Our Life & Health Insurance bank has 4 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

Start the free mock exam

Question 1 · Nebraska

Which of these is NOT a rebate under Nebraska's rebating statute?

  1. Giving the buyer part of the agent's commission
  2. Promising a share of future policy dividends not stated in the policy
  3. Giving stock as an inducement to buy the policy
  4. Extending interest-free credit on life insurance premiums
Show the answer

D. Extending interest-free credit on life insurance premiums — Neb. Rev. Stat. 44-361(1)-(2).

Question 2 · Nebraska

Spreading a false or maliciously critical statement about an insurer's financial condition, meant to injure that insurer, is an example of:

  1. Permitted comparative advertising, if made only orally
  2. Unfair claims settlement
  3. Defamation of an insurer
  4. Rebating
Show the answer

C. Defamation of an insurer — Neb. Rev. Stat. 44-1525(3).

Question 3 · Nebraska

A producer misrepresents an existing policy so that the client will surrender it and buy a new one. How does Nebraska's Unfair Insurance Trade Practices Act treat this?

  1. As a prohibited misrepresentation made to induce surrender of a policy
  2. As a claims issue handled only under the claims settlement act
  3. As allowed, as long as the new policy has a lower premium
  4. As a private contract dispute outside the director's authority
Show the answer

A. As a prohibited misrepresentation made to induce surrender of a policy — Neb. Rev. Stat. 44-1525(1)(f).

More Life & Health Insurance topics