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Exams · Certifications · Licensing

Life and Health Insurance Producer Exam

Licensing (WY): practice questions

Our Life & Health Insurance bank has 15 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 · Wyoming

Within how many days must a licensee tell the commissioner about a change of name, address, telephone number or email address?

  1. 60 days
  2. Only at the next renewal
  3. 30 days
  4. 10 days
Show the answer

C. 30 days — Wyo. Stat. 26-9-207(f).

Question 2 · Wyoming

May an insurer pay renewal commissions to a person who no longer holds a license?

  1. Yes, if the person was required to be licensed and was licensed when the sale was made
  2. Yes, but only if the person's license lapsed less than one year ago and the insurer notifies the commissioner
  3. No, unless the commissioner gives written approval for each payment
  4. No, renewal commissions may only go to persons licensed when each renewal is paid
Show the answer

A. Yes, if the person was required to be licensed and was licensed when the sale was made — Wyo. Stat. 26-9-212(c).

Question 3 · Wyoming

By applying for and accepting a nonresident producer license, the licensee appoints whom as attorney to receive service of process in Wyoming?

  1. The insurance commissioner
  2. The Wyoming secretary of state
  3. Any appointing insurer
  4. A registered agent of the licensee's choice
Show the answer

A. The insurance commissioner — Wyo. Stat. 26-9-230(a).

Question 4 · Wyoming

A producer licensed in another state moves to Wyoming. Within what period must the producer apply for a resident license?

  1. Within 14 days, before doing any business in Wyoming
  2. Within 90 days of establishing legal residence, generally with no exam for lines already held
  3. Within 30 days, after first passing the Wyoming state-law exam
  4. Within one year, at the next renewal of the old license
Show the answer

B. Within 90 days of establishing legal residence, generally with no exam for lines already held — Wyo. Stat. 26-9-209(b).

Question 5 · Wyoming

A producer who moves from Wyoming to another state must file a change of address and certification from the new home state within:

  1. 30 days, with no fee or new application required
  2. 60 days, along with a new nonresident application
  3. One year, at the next renewal
  4. 10 days, and pay a transfer fee
Show the answer

A. 30 days, with no fee or new application required — Wyo. Stat. 26-9-208(c).

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