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Life and Health Insurance Producer Exam

Licensing (MT): practice questions

Our Life & Health Insurance bank has 11 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 · Montana

Within what period before applying must a Montana producer applicant have passed the licensing examination?

  1. 6 months
  2. 12 months
  3. Two full years
  4. Ninety days
Show the answer

B. 12 months — MCA 33-17-211(1)(d).

Question 2 · Montana

What penalty may the Montana commissioner impose on a nonresident producer who violates a condition of the Montana license?

  1. A fine of up to $50,000 per violation and revocation or suspension for up to 5 years
  2. A fine of up to $500 per violation, with no power to revoke
  3. Referral to the home state regulator, which alone may impose any fine or license action
  4. Automatic permanent revocation with no fine
Show the answer

A. A fine of up to $50,000 per violation and revocation or suspension for up to 5 years — MCA 33-17-411.

Question 3 · Montana

Within how many days must a Montana producer tell the commissioner in writing of a change of address or business e-mail address?

  1. Before the next renewal
  2. 30 days
  3. 10 days
  4. Within 60 days
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B. 30 days — MCA 33-17-214(6)(a)(i).

Question 4 · Montana

A producer moves to Montana after cancelling a license in another state. To skip prelicensing education and the exam, the application must be received within how long of the cancellation?

  1. 180 days
  2. 30 days
  3. 1 year
  4. 90 days
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D. 90 days — MCA 33-17-212(7)(b).

Question 5 · Montana

What does Montana law say about fingerprints for a producer license applicant?

  1. The insurer that appoints the producer collects and keeps the fingerprints
  2. Fingerprints are required only for nonresidents and go directly to the FBI
  3. Fingerprints are never required because the background check is name-based
  4. The commissioner may require them and submits them to the Montana department of justice, which may share them with the FBI
Show the answer

D. The commissioner may require them and submits them to the Montana department of justice, which may share them with the FBI — MCA 33-17-220(2).

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