State RegulationsTN specificDifficulty 1/5
How does Tennessee treat the written licensing examination requirement for variable contract products?
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why C is correct
Under the state's licensing procedure, variable contracts are the exception to the written-examination rule: candidates for variable contract authority take no written examination and are instead directed to contact the Tennessee Department of Commerce & Insurance, which sets out the applicable requirements. This treatment is unusual, so candidates who assume every line requires a sitting exam misjudge the process.
Why the other options are wrong
- A) Equating variable contracts with ordinary lines misses the specific carve-out the department applies to variable products.
- B) There is no separate variable-contract examination stacked on the life examination; the examination requirement simply does not apply.
- D) No examination does not mean no regulation; the applicant is still directed to the department and remains subject to its licensing requirements.
Memory hook
Variable contracts skip the written exam — the department handles them directly.