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Maryland Insurance Administration Life-Producer Exam Syllabus Topics:

Maryland Insurance Administration Maryland Life Producer Exam (Series 20-27) Sample Questions:

1. How often must insurance licensees subject to continuing education meet the educational requirements?

A) Every two years
B) Every three years
C) There is no requirement
D) Each year

2. The Medical Information Bureau may release information in the proposed insured's file to:

A) Member insurance companies
B) The insured's employer
C) Employment agencies
D) Any physician

3. A policy of life insurance may NOT be delivered unless the policy has a:

A) Financial statement of the life insurance company
B) Premium coupon book
C) Notary seal
D) Legible and brief description of the policy on the first page

4. Which one of the following causes of death typically would be included under an accidental death rider attached to a life insurance policy?

A) Illness or disease
B) War or acts of war
C) Automobile accidents resulting from the insured's negligence
D) Intentionally self-inflicted injuries

5. The qualified first-time homebuyer distribution available in IRAs has a maximum lifetime limit per participant of:

A) $10,000
B) $5,000
C) $20,000
D) $2,000

Solutions: