Hawaii life insurance Study guides, Class notes & Summaries
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Hawaii Insurance exam Questions and Answers 100% pass
- Exam (elaborations) • 13 pages • 2024
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Hawaii Insurance exam Questions and 
Answers 100% pass 
The Insurance Commissioner must examine an insurer at least once every? - Answer- 5 
years 
How many days in advance must a notice of a hearing on unfair trade practices be 
sent? - Answer- 15 days 
The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the 
business of insurance is: - Answer- $1,000 
The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the 
business of insurance is: - Answe...
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Hawaii Insurance exam Questions and Answers 100% pass
- Exam (elaborations) • 13 pages • 2024
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Hawaii Insurance exam Questions and 
Answers 100% pass 
The Insurance Commissioner must examine an insurer at least once every? - Answer- 5 
years 
How many days in advance must a notice of a hearing on unfair trade practices be 
sent? - Answer- 15 days 
The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the 
business of insurance is: - Answer- $1,000 
The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the 
business of insurance is: - Answe...
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Hawaii Exam Questions and Answers 100% Pass
- Exam (elaborations) • 12 pages • 2024
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Hawaii Exam Questions and Answers 100% Pass 
Advance notice of a hearing on unfair trade practices must be at least ____ days - 
Answer- 15 
Minimum fine for UNKNOWINGLY committing an unfair claim - Answer- $1,000 
Maximum fine for UNKNOWINGLY committing an unfair claim - Answer- $10,000 
KNOWINGLY committing an unfair trade act imposes ____ fine per violation - Answer- 
$5,000 
Maximum fine for violating a cease and desist order - Answer- $10,000 
Maximum fine for KNOWINGLY committing an unfair...
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Hawaii Insurance exam Questions and Answers 100% Pass
- Exam (elaborations) • 15 pages • 2024
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Hawaii Insurance exam Questions and 
Answers 100% Pass 
The Insurance Commissioner must examine an insurer at least once every? - Correct 
Answer ️️ -5 years 
How many days in advance must a notice of a hearing on unfair trade practices be 
sent? - Correct Answer ️️ -15 days 
The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the 
business of insurance is: - Correct Answer ️️ -$1,000 
The fine PER violation for KNOWINGLY committing an unfair or deceptive ...
-
Hawaii Exam Questions and Answers 100% Pass
- Exam (elaborations) • 12 pages • 2024
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Hawaii Exam Questions and Answers 100% Pass 
Advance notice of a hearing on unfair trade practices must be at least ____ days - 
Answer- 15 
Minimum fine for UNKNOWINGLY committing an unfair claim - Answer- $1,000 
Maximum fine for UNKNOWINGLY committing an unfair claim - Answer- $10,000 
KNOWINGLY committing an unfair trade act imposes ____ fine per violation - Answer- 
$5,000 
Maximum fine for violating a cease and desist order - Answer- $10,000 
Maximum fine for KNOWINGLY committing an unfair...
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Hawaii Insurance exam Questions and Answers 100% pass
- Exam (elaborations) • 13 pages • 2024
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- $12.49
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Hawaii Insurance exam Questions and 
Answers 100% pass 
The Insurance Commissioner must examine an insurer at least once every? - Answer- 5 
years 
How many days in advance must a notice of a hearing on unfair trade practices be 
sent? - Answer- 15 days 
The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the 
business of insurance is: - Answer- $1,000 
The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the 
business of insurance is: - Answe...
-
Hawaii laws, rules, and regulations all answers correct
- Exam (elaborations) • 18 pages • 2024
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Hawaii laws, rules, and regulations all answers correct 
The Commissioner must 
examine an insurer at least once every _____ year(s). ️5 years 
Advance notice of a hearing must be at least _____ day(s). ️15 days 
How much is the minimum fine per violation for unknowingly committing an unfair act? Maximum? 
️$1,000 
$10,000 
How much is the minimum fine for knowingly committing an unfair act? Maximum? ️$5,000 
$50,000 
What is the maximum fine for violating a cease and desist or...
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Hawaii Insurance Rules & Laws HI-LI Chapter Exam | Questions with 100% Correct Answers | Verified | Latest Update 2024
- Exam (elaborations) • 6 pages • 2023
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How often must the commissioner examine each domestic company? - Every 5 years 
An insurance company formed in a country other than the United States is called a(n) 
____________________ company - Alien 
T is an employee covered under a Group Life policy. If T's employment is terminated, the conversion 
privilege gives T the right to convert... - to an individual policy upon employment termination 
What is Hawaii's definition of Life insurance replacement? - A transaction in which a new policy...
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hawaii insurance laws, rules and regulations Exam Questions and Answers 100% pass
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hawaii insurance laws, rules and regulations 
Exam Questions and Answers 100% pass 
15 days - Answer- Hearing of unfair trade practices 
$1,000 - Answer- Unfair trade practice per violation UNKNOWINGLY committed 
$10,000 - Answer- Unfair trade practice MAX FINE unknowingly committed 
$5,000 - Answer- Unfair trade practice Per violation KNOWINGLY committed 
$50,000 - Answer- Unfair trade practice MAXIMUM KNOWINGLY committed 
$10,000 - Answer- Unfair trade practice MAX for violating a cease and de...
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Hawaii Insurance Exam Verified Solutions
- Exam (elaborations) • 13 pages • 2024
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Hawaii Insurance Exam Verified Solutions 
The Insurance Commissioner must examine an insurer at least once every? ️5 years 
How many days in advance must a notice of a hearing on unfair trade practices be sent? ️15 days 
The fine PER violation for UNKNOWINGLY committing an unfair or deceptive act in the business of 
insurance is: ️$1,000 
The fine PER violation for KNOWINGLY committing an unfair or deceptive act in the business of 
insurance is: ️$5,000 
The MAX fine for UNKNOWING...
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