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Life and Health Insurance Producer Exam

Licensing (AR): practice questions

Our Life & Health Insurance bank has 8 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 · Arkansas

Within how many days after the final disposition must a producer report an administrative action taken against the producer in another state?

  1. 30 days
  2. 5 days
  3. One year
  4. 120 days
Show the answer

A. 30 days — Ark. Code Ann. 23-64-517(a)(1).

Question 2 · Arkansas

How many hours of prelicensing instruction must an applicant complete for an Arkansas life line of authority?

  1. None; passing the state examination alone is enough
  2. At least 20 hours, with 5 on state laws and rules
  3. At least 40 hours, with 10 on federal income tax rules
  4. At least 8 hours, all of which may cover annuities
Show the answer

B. At least 20 hours, with 5 on state laws and rules — AID Rule 31, Sec. 5(a)(1).

Question 3 · Arkansas

After an Arkansas license is revoked, when may the Commissioner issue the person a new license?

  1. After three years, once fines and ordered restitution are paid
  2. After six months, once the prelicensing course is repeated
  3. After one year, automatically, once a new application has been filed
  4. Never; revocation in Arkansas is always a lifetime bar
Show the answer

A. After three years, once fines and ordered restitution are paid — Ark. Code Ann. 23-64-217(b).

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