- Exam Prep
- Pennsylvania
- Life
- Insurance Regulation
Free Insurance Regulation Practice Questions
Pennsylvania Life exam (series 16-01) — 28 practice questions.
Subtopics: Continuing education, License duration, Temporary license, Reporting actions, Address change, Acts requiring a license, Commissioner powers, Certificate of authority, Fiduciary duty, Appointment, Appointment termination, Commissions, Rebating, Twisting, Misrepresentation, Defamation, Boycott coercion intimidation, Unfair discrimination, Misappropriation, Replacement, Guaranty association, Guaranty association advertising, Insurance fraud, Cease and desist, Penalties, Fair Credit Reporting Act, Fraud and false statements, Privacy and Do Not Call
Sample questions & answers
1. How many hours of continuing education must a resident Pennsylvania life producer complete during each two-year licensing cycle?
24 hours
Pennsylvania requires 24 CE credit hours each biennial licensing cycle to renew a producer license.
2. A Pennsylvania resident insurance producer license is issued for a term of:
Two years (biennial)
Producer licenses are issued on a biennial basis and renew every two years with CE completed.
3. A temporary Pennsylvania producer license may be issued without examination primarily to:
Permit continuation of business after death, disability, or military service of a licensee
A temporary license keeps an agency operating after events such as the death, disability, or active military service of the producer.
4. A Pennsylvania producer must report an administrative action or criminal prosecution to the Department within:
30 days
A producer must report administrative actions and criminal prosecutions to the Commissioner within 30 days.
All Life topics
Practice: Insurance Regulation
Take a randomized, timed-style practice test. Answer choices are shuffled and your results are scored
instantly with an explanation for every question.
Practice questions are study aids generated for exam preparation and are not actual exam
questions. Content is provided for educational purposes and is not legal advice. Verify current statutes, rules,
and exam specifications with the Pennsylvania Insurance Department and the exam administrator before relying on it.