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Maryland Insurance Administration Life-Producer Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Policy Provisions and Riders | - Common riders
|
| Life Insurance Products | - Annuities
|
| Insurance Fundamentals | - Insurance concepts
|
| State Regulation (Maryland Insurance Law) | - Producer licensing requirements
|
Maryland Insurance Administration Maryland Life Producer Exam (Series 20-27) Sample Questions:
1. How many days does a former employee have to convert a group term policy to an individual policy after employment is terminated?
A) 30
B) 31
C) 20
D) 10
2. A producer may be guilty of misrepresentation if the producer:
A) Failed to disclose exclusions of the policy
B) Issued a full settlement check expressly releasing the insurer
C) Denied a claim for failure of the policyholder to prove damages
D) Required timely written notice of loss for all claims
3. All of the following statements about the life insurance protection provided by a family life insurance policy are true EXCEPT:
A) Coverage is available only to heads of households who are 30 years old or younger
B) Life insurance coverage is provided automatically to children born during the policy period
C) Most of the premium amount purchases whole life insurance for the head of the household
D) Coverage for dependents can be converted to whole life insurance without evidence of insurability
4. A life insurance producer is normally responsible for all of the following EXCEPT:
A) Approving policies for issue on behalf of the insurer
B) Collecting the initial premium from the applicant
C) Notifying the company if a new policy will replace an existing policy
D) Delivering newly issued policies to applicants
5. An insurer may refuse to underwrite a particular insurance applicant for a reason based wholly on:
A) Medical condition
B) Creed
C) Gender
D) Race
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A |



