semplr.

Exams · Certifications · Licensing

Life and Health Insurance Producer Exam

Penalties (ID): practice questions

Our Life & Health Insurance bank has 3 questions on this topic. Here are 3 of them with answers; the full mock exam draws from every topic, like the real one.

Start the free mock exam

Question 1 · Idaho

Which is a listed ground in Idaho for refusing, suspending or revoking a producer license?

  1. Writing more business with one insurer than with others
  2. Declining to join a professional producer association
  3. Changing insurers more than once a year
  4. Improperly using notes or other reference material to complete a licensing exam
Show the answer

D. Improperly using notes or other reference material to complete a licensing exam — Idaho Code 41-1016(1)(k).

Question 2 · Idaho

Under Idaho Code 41-1016, what is the maximum administrative penalty and the maximum suspension the director may impose on a producer?

  1. $1,000 and 12 months
  2. $25,000 and five years
  3. $5,000 and 24 months
  4. $500 and 6 months
Show the answer

A. $1,000 and 12 months — Idaho Code 41-1016(1).

Question 3 · Idaho

If an Idaho final order revoking a license sets no waiting period, how long before the person can be licensed again?

  1. Six months
  2. Five years
  3. Three years
  4. One year from the revocation
Show the answer

D. One year from the revocation — Idaho Code 41-1026(3).

More Life & Health Insurance topics