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Tennessee Insurance Regulations Practice Questions

225 free Tennessee-specific insurance regulation questions — licensing rules, replacement regulations, unfair practices, and TN insurance code duties tested on the Tennessee Life & Health exam. Nationally applicable material lives in the other domains.

  1. 1.A Tennessee producer presents an illustration to a life insurance applicant. What duty does the producer ha…
    Difficulty 2/5TN specific
  2. 2.Which of the following transactions is exempt from Tennessee's life replacement requirements under Tenn. Co…
    Difficulty 2/5TN specific
  3. 3.A manufacturer employs a full-time, salaried benefits counselor who explains the company's own employee ben…
    Difficulty 3/5TN specific
  4. 4.Which statement most accurately distinguishes the hearing stage from judicial review under Tennessee insura…
    Difficulty 3/5TN specific
  5. 5.A Tennessee insured has borrowed against a life policy and stops repaying the loan. When may the insurer tr…
    Difficulty 2/5TN specific
  6. 6.A Tennessee health plan member receives an adverse determination from her carrier and has completed the car…
    Difficulty 2/5TN specific
  7. 7.In Tennessee's Medicare supplement regulation, a 'minimum standards' rule is best described as a requiremen…
    Difficulty 1/5TN specific
  8. 8.A Tennessee employer asks which state citations govern the content and issuance of group and franchise acci…
    Difficulty 1/5TN specific
  9. 9.A Tennessee licensee has been ordered to stop a prohibited practice but continues the conduct day after day…
    Difficulty 2/5TN specific
  10. 10.A producer holds only a limited lines license for travel insurance in Tennessee and wants to sell an annuit…
    Difficulty 2/5TN specific
  11. 11.A Tennessee life insurer becomes insolvent. Under T.C.A. § 56-12-204, what is the maximum death benefit the…
    Difficulty 1/5TN specific
  12. 12.An insurer tells a Tennessee repair-shop network that it will withdraw its business unless the shops agree …
    Difficulty 2/5TN specific
  13. 13.An insurer in Tennessee executes an agency contract with a newly hired producer. Within how many days must …
    Difficulty 1/5TN specific
  14. 14.Which of the following items in a Tennessee life illustration is a guaranteed element under Tenn. Comp. R. …
    Difficulty 3/5TN specific
  15. 15.Two months after a business entity's member takes over with a temporary producer license following the desi…
    Difficulty 3/5TN specific
  16. 16.Which statement best describes how an investigation under T.C.A. § 56-6-120 relates to a hearing under T.C.…
    Difficulty 3/5TN specific
  17. 17.A Tennessee producer presents an illustration showing large projected dividends. The applicant asks whether…
    Difficulty 2/5TN specific
  18. 18.A producer argues that the notice he received before a Tennessee disciplinary proceeding was a mere formali…
    Difficulty 3/5TN specific
  19. 19.A Tennessee producer explains to a senior client how Medicare supplement insurance is regulated in this sta…
    Difficulty 2/5TN specific
  20. 20.The Tennessee Department of Commerce & Insurance has received evidence suggesting that a producer engaged i…
    Difficulty 2/5TN specific
  21. 21.A Tennessee insurer's illustration projects a current crediting rate well above any rate it actually credit…
    Difficulty 2/5TN specific
  22. 22.A Tennessee producer proposes to charge a client a separate fee for services related to an individual major…
    Difficulty 2/5TN specific
  23. 23.When a Tennessee producer uses an illustration in selling a life policy, what must happen at the time of ap…
    Difficulty 1/5TN specific
  24. 24.A Tennessee insurer receives a disability claim, and its adjuster denies it the same afternoon without revi…
    Difficulty 2/5TN specific
  25. 25.Under T.C.A. § 56-6-120, what is the core purpose of an investigation conducted by the Tennessee Department…
    Difficulty 1/5TN specific
  26. 26.A Tennessee resident owns several separate nongroup life insurance policies, each with a large death benefi…
    Difficulty 2/5TN specific
  27. 27.A producer's license in his former state was cancelled four months ago. He now applies for a Tennessee lice…
    Difficulty 2/5TN specific
  28. 28.Under the definitions in Tennessee's life replacement rule, what does 'replacement' mean?
    Difficulty 1/5TN specific
  29. 29.Under the Tennessee rule on life insurance illustrations, Tenn. Comp. R. & Regs. 0780-1-40, what is an 'ill…
    Difficulty 1/5TN specific
  30. 30.Under the required provisions of Tennessee individual accident and health policies, written notice of claim…
    Difficulty 1/5TN specific
  31. 31.A licensee in Tennessee has committed multiple licensing violations. Under T.C.A. § 56-6-112(g)(3), what is…
    Difficulty 1/5TN specific
  32. 32.How many continuing education hours must a Tennessee insurance producer complete, and what ethics component…
    Difficulty 1/5TN specific
  33. 33.Under T.C.A. § 56-6-112(g), what monetary penalty may the Commissioner impose for a violation of Tennessee'…
    Difficulty 1/5TN specific
  34. 34.Under Tennessee insurance law, offering a prospective policyowner a rebate of a portion of the premium, or …
    Difficulty 1/5TN specific
  35. 35.A Tennessee producer attended a departmental hearing and later received an adverse final order from the Com…
    Difficulty 2/5TN specific
  36. 36.Which of the following is an exercise of the Commissioner's regulatory authority under Tennessee insurance …
    Difficulty 3/5TN specific
  37. 37.A Tennessee insurer is reviewing its Medicare supplement policy forms for compliance with the state's prohi…
    Difficulty 2/5TN specific
  38. 38.Tennessee requires certain provisions in individual accident and health policies. May an insurer include ot…
    Difficulty 1/5TN specific
  39. 39.A Tennessee producer engages in conduct violating a licensing provision, and the violation continues for 30…
    Difficulty 3/5TN specific
  40. 40.An insurance company is organized under the laws of another country and holds a license to write coverage i…
    Difficulty 2/5TN specific
  41. 41.How many hours of continuing education must a Tennessee producer complete for each license renewal cycle?
    Difficulty 1/5TN specific
  42. 42.A Tennessee manufacturer's full-time, salaried human-resources counselor explains the company's employee be…
    Difficulty 2/5TN specific
  43. 43.Which activity falls within the definition of an insurance producer under T.C.A. § 56-6-102?
    Difficulty 2/5TN specific
  44. 44.A Tennessee life insurer charges two applicants of the same age, health class, and occupation materially di…
    Difficulty 2/5TN specific
  45. 45.Under Tennessee's mandated-coverage provisions for health policies, which statute requires coverage to be p…
    Difficulty 1/5TN specific
  46. 46.Which Tennessee rule chapter, adopted by the state's insurance department, establishes the standards a life…
    Difficulty 1/5TN specific
  47. 47.Under T.C.A. § 56-8-104, filing knowingly false statements or entries in a report or document filed with th…
    Difficulty 1/5TN specific
  48. 48.An insurer plans to deliver Medicare supplement policies in Tennessee. Which authority establishes the requ…
    Difficulty 2/5TN specific
  49. 49.Which of the following is an unlawful rebate under Tennessee insurance law?
    Difficulty 1/5TN specific
  50. 50.A Tennessee producer licensed for life insurance wants the authority to sell variable life contracts. Which…
    Difficulty 2/5TN specific