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Hawaii Independent Adjuster Practice Exam questions fully solved & updated 2025.
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Hawaii Independent Adjuster Practice Exam questions fully solved & updated 2025.
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Hawaii Independent AdjusterPractice Exam questions fully
solved & updated 2025
The Insurance Commissioner must examine aninsurer at least once
every: A) 6 months B) 5 Years C ) 1 Year D) 2 Years - answer 5
years
The maximum fine for unknowingly committing an unfair or
deceptive act in the business of insurance
is:
A) $10,000 B) $50,000C) $1,000 D) $5,000 - answer $10,000
The maximum fine for knowingly committing an unfair or deceptive
act in the business of insurance
is: A) $100,000 B) $1,000C) $10,000 D) $50,000 - answer $50,000
How many days in advance must a notice of a hearing on unfair
trade practices be sent? A) 15 days B) 5 days C) 10 days D) 30 days -
answer 15 Days
What is the maximum fine when violating a cease
and desist order?
A) $1,000 per violation B) $5,000 per violation C) $10,000 per
violation D) $500 per violation - answer $10,000
The fine per violation for unknowingly committing an unfair or
deceptive act in the business of insurance
is: A) $3,000 B) $100 C) $500 D) $1,000 - answer $1,000
, The minimum fine per violation of the Insurance
Code is: A) $500 B) $100C) $750 D) $1,000 - answer $100
The fine per violation for knowingly committing an unfair or
deceptive act in the business of insurance
is: A) $10,000 B) $500C) $5,000 D) $1,000 - answer $5,000
The maximum fine per violation of the Insurance
Code is: A) $5,000 B) $1,000C) $7,500 D) $10,000 - answer $10,000
Fee to reinstate an expired license?
A) Equal to the renewal fee B) Triple the renewal fee C) Double the
renewal fee D) Half of the renewal - answer Double the renewal fee
Violation of the Insurance Code is punishable by up
to how long in prison? A) 1 year B) 15 years C) 5 years D) 10 years -
answer 1 year
Temporary producer licenses may be issued, without examination,
for up to how many days? A) 60 days B) 180 days C) 30 days D) 360
days - answer 180 days
How many days do violators of the Insurance code have to pay any
fines received? A) 30 days B) 10 days C) 5 days D) 7 days - answer
10 days
How old does an applicant need to be to apply for an
insurance license? A) 20 years B) 21 years C) 18 years D) 25 years -
answer 18 years
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