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Life and Health Insurance Producer Exam

Licensing (MD): practice questions

Our Life & Health Insurance bank has 9 questions on this topic. Here are 5 of them with answers; the full mock exam draws from every topic, like the real one.

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Question 1 · Maryland

When must a Maryland producer report an adverse administrative action taken against the producer in another jurisdiction?

  1. Within 30 days after final disposition, with a copy of the order
  2. Within 1 year, and only if the other state revoked the license
  3. Within 10 days after the action is first proposed, by telephone call
  4. Only at the producer's next application to renew the Maryland license
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A. Within 30 days after final disposition, with a copy of the order — Md. Code, Ins. 10-126(f)(1)-(2).

Question 2 · Maryland

Within what period must a Maryland licensee file a change of legal name, e-mail address, or address with the Commissioner?

  1. Within 90 days
  2. Within 30 days of the change
  3. At the next license renewal only
  4. Within 10 days of the change
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B. Within 30 days of the change — Md. Code, Ins. 10-117(b)(1); failing to file is a violation of 10-126(a)(1), 10-117(b)(2).

Question 3 · Maryland

A Maryland producer's license expired without being renewed. For how long may it be reinstated instead of requiring a new license application?

  1. Up to 2 years, if the applicant retakes the exam
  2. Up to 90 days after expiration, with no continuing education needed
  3. Up to 6 months after expiration, on approval of an appointing insurer
  4. Up to 1 year after expiration, with CE completed and fees paid
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D. Up to 1 year after expiration, with CE completed and fees paid — Md. Code, Ins. 10-116.1(a), (d); the statutory reinstatement fee is $100 plus the renewal fee.

Question 4 · Maryland

What is the minimum age to qualify for a Maryland life or health insurance producer license?

  1. At least 19 years old
  2. At least 18 years old
  3. At least 21 years old
  4. At least 16 with parental consent
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B. At least 18 years old — Md. Code, Ins. 10-105(c).

Question 5 · Maryland

A producer applies to reinstate an expired Maryland license 45 days after it expired. When does the reinstatement take effect?

  1. On the first day of the month after the application is filed
  2. Prospectively, on the date the license is reinstated
  3. Retroactively, on the date the license expired
  4. On the date an appointing insurer reappoints the producer
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C. Retroactively, on the date the license expired — Md. Code, Ins. 10-116.1(c)(1); after 60 days, reinstatement is prospective, 10-116.1(c)(2).

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