NJ Life Insurance Exam with Complete Solutions
How long is a temporary certificate? - Answer-60 days after passing the exam
If your license is lost? - Answer-notify DOBI within 30 days
Qualified to earn continuing education credit? - Answer-CLU designation course
Qualified to Continuing...
NJ Life Insurance Exam with
Complete Solutions
How long is a temporary certificate? - Answer-60 days after passing the exam
If your license is lost? - Answer-notify DOBI within 30 days
Qualified to earn continuing education credit? - Answer-CLU designation course
Qualified to Continuing Education? - Answer-General insurance course at accredited
college
A voluntary terminated producer license may be reinstated during same period if? -
Answer-Completed CE course
24hr CE waived to? - Answer-Non-resident producer
Notice of appointment termination notice to DOBI within? - Answer-15 Days
Agent appointment termination notice to DOBI within? - Answer-15 Days
What is twisting? - Answer-including to cancel existing insurance and replace it with
another insurance by misrepresentation
Commitment of crime to be notified to DOBI? - Answer-within 30 days
Returning partial premium to an applicant is known as? - Answer-Rebating
In Replacement, agents SHOULD? - Answer-submit to replacing insurer a list of all
policies or annuity contracts proposed to be replaced
The NJ Life and Health Insurance Guaranty Association Act does NOT include? -
Answer-Self-funded insurance
Funding for NJ Life and Health Insurance Guaranty Association? - Answer-Assessment
on member companies
Accelerated Death Benefit doesn't cover? - Answer-Common disaster
Reinstatement clause outlines reinstatement conditions that include what? - Answer-
Proof of insurability
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