semplr.

Exams · Certifications · Licensing

Life and Health Insurance Producer Exam

Conduct (SC): practice questions

Our Life & Health Insurance bank has 7 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

Start the free mock exam

Question 1 · South Carolina

A concerted act of boycott, coercion or intimidation is prohibited in South Carolina when it:

  1. Involves more than three insurers or agencies acting together in the state
  2. Is carried out by an insurer's officers rather than its agents
  3. Tends to result in unreasonable restraint of, or monopoly in, insurance
  4. Is aimed at a policyholder rather than at a competing insurer
Show the answer

C. Tends to result in unreasonable restraint of, or monopoly in, insurance — S.C. Code 38-57-100.

Question 2 · South Carolina

Making an incomplete comparison of policies to induce someone to lapse a policy and buy from another insurer is called:

  1. Twisting
  2. Coercion
  3. Sliding
  4. Defamation
Show the answer

A. Twisting — S.C. Code 38-57-60.

Question 3 · South Carolina

What is the most an advertising gift from a licensed agent may be worth?

  1. $50, if the same gift is offered to every prospect equally
  2. $75 per client in any one calendar year, with no printing required on it
  3. $25, with an advertisement for the insurer or agent printed on it
  4. $10, and only to people who are already policyholders
Show the answer

C. $25, with an advertisement for the insurer or agent printed on it — S.C. Code 38-57-160.

Question 4 · South Carolina

An agent offers to return part of the premium to a prospect as an inducement to buy, and the benefit is not stated in the policy. This is:

  1. Twisting, because it induces a change of insurer
  2. Allowed for life policies but not for annuities
  3. Permitted if the refund is disclosed on the application
  4. A prohibited rebate given as an inducement to purchase
Show the answer

D. A prohibited rebate given as an inducement to purchase — S.C. Code 38-57-130(3).

Question 5 · South Carolina

When must a producer report an administrative action taken against them in another jurisdiction?

  1. At the next license renewal, on the renewal application
  2. Within 60 days of the action, but only if a fine was imposed
  3. Within 10 days of the hearing notice, with a written explanation
  4. Within 30 days of final disposition, with a copy of the order
Show the answer

D. Within 30 days of final disposition, with a copy of the order — S.C. Code 38-43-247(A).

More Life & Health Insurance topics