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Life and Health Insurance Producer Exam

Conduct (VA): practice questions

Our Life & Health Insurance bank has 5 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 · Virginia

An agent circulates a false and maliciously critical statement about a competing insurer, calculated to injure it. What unfair practice is this?

  1. Rebating
  2. Defamation
  3. Unfair discrimination
  4. Twisting
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B. Defamation — Va. Code 38.2-504.

Question 2 · Virginia

Which practice does Va. Code 38.2-509 expressly exclude from the definition of a rebate?

  1. An agent sharing commission with a client who refers others
  2. An insurer giving its bona fide employees reduced premiums on their own policies
  3. An agent giving a client stock in a company as an inducement to buy a policy
  4. An agent paying the first month's premium for a client buying a large policy
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B. An insurer giving its bona fide employees reduced premiums on their own policies — Va. Code 38.2-509(B)(4).

Question 3 · Virginia

Which of the following is a listed ground for the Commission to suspend, revoke or refuse to renew a Virginia agent's license?

  1. Holding appointments with more than five insurers at the same time
  2. Failing to comply with a court order imposing a child support obligation
  3. Working part-time in a second occupation unrelated to insurance
  4. Declining to sell to an applicant the agent finds unsuitable
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B. Failing to comply with a court order imposing a child support obligation — Va. Code 38.2-1831(15).

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