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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. Publishing a derogatory article about the financial condition of an insurer that is false and calculated to injure the insurer is an example of:

A) Extortion
B) Coercion
C) Defamation
D) Intimidation

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

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

3. An insurance producer's license may be suspended or revoked by:

A) The continuing education course provider
B) The Maryland Insurance Administration
C) The Attorney General
D) The appointing insurer

4. In order to qualify for a company convention, an insurance producer agrees to pay the first quarterly premium for the applicant for new insurance. This is called a:

A) Cost of doing business
B) Gift
C) Rebate
D) Loan

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

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

Solutions: