Chapter 8 state exam practice

Question 1

The Commissioner may issue a temporary license for up to ____ days:
A. 90

B. 60

C. 180

D. 365

Answer 1

The Commissioner of Insurance may issue a temporary insurance producer license for a period not exceeding 180 days.

C. 180

Question 2

Uninsured/Underinsured Motorists coverage on auto policies issued in Kansas must meet all of the following guidelines, except:

A. UM/UIM limits must at least equal the bodily injury limits of the liability policy

B. Every auto liability insurer must provide Uninsured/Underinsured Motorists coverage with every auto liability policy

C. An uninsured motor vehicle excludes vehicles insured by an insolvent insurer

D. The insured may reject, in writing, the UM/UIM coverage that is in excess of the state’s minimum required bodily injury liability limits

Answer 2

C. An uninsured motor vehicle excludes vehicles insured by an insolvent insurer

***An uninsured motor vehicle will include any vehicle insured by an insolvent insurer. Insurers must provide UM/UIM coverage with limits at least equal to the bodily injury limits of the liability policy, but the insured may submit a written rejection of coverage that exceeds the state’s minimum bodily injury liability limits (25/50).

Question 3

Kansas FAIR Plan policies are effective for:

A. 2 years

B. 9 months

C. 1 year

D. 6 months

Answer 3

C. 1 YEAR
After an applicant has made unsuccessful attempts to find coverage, the FAIR Plan will issue a policy to be effective for 1 year.

Question 4

Which of the following is not an exemption from the licensing examination requirement?

A. The individual was previously licensed in Kansas and it has been less than 2 years since such license lapsed

B. The individual is applying for an insurance producer license for credit life and health

C. The individual passed the examination, but was not properly certified due to clerical error by the insurer

D. The individual is applying for a travel insurance producer license

Answer 4

B. The individual is applying for an insurance producer license for credit life and health

***B
The individual is applying for an insurance producer license for credit life and health