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Final Exam Questions Property and Casualty - NJ STATE EXAM WITH STUDY GUIDE EXAMFX questions
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Final Exam Questions Property and Casualty - NJ STATE EXAM WITH STUDY GUIDE EXAMFX questions
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Chapter 8 - New JerseyLaws and Rules
Pertinent to Insurance
questions and answers
2025 latest update
Which entity is responsible for regulating insurance advertising in NJ?
Better Business Bureau
Attorney General
Federal Communications Commission
New Jersey Department of Banking and Insurance - answer New Jersey
Department of Banking and Insurance
Within how many days must a producer notify the department of banking
and insurance of a change in address?
10
20
30
40 - answer 30
Jerry voluntarily terminated his producer's license. If he changes his mind,
his license may be reinstated during the same license period IF
, He completes a new license application
He retakes the licensing exam
He completes a college credit in risk management
He pays a $1,000 reinstatement fee - answer He completes a new license
application
A producer must notify the commissioner within ___ days of a felony
conviction
15
30
45
60 - answer 30
In New Jersey, health insurance advertisements are required to contain
the
Insurance company's trademark
Insurance company's name
Insurance company's AM Best rating
Insurance company's current standing with the Better Business Bureau -
answer Insurance company's name
A producer has recently died and leaves behind a spouse. In order for the
producer's insurance business to continue, the Department of Banking and
Insurance may issue to the producer's spouse a(n)
Permanent insurance license
Temporary insurance license
Interim insurance license
Supplementary insurance license - answer Temporary insurance license
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