Chapter 10 Quiz: Missouri statues, rules, and regulations common to all lines

Which of the following would be required to be licensed as an insurance producer?

A salaried employee who advertises and solicits insurance

An insurer that holds a certificate of authority in the state in which it transacts business is considered a/an

Authorized insurer

The Director, or his designated examiner, may examine the conduct of any insurance company operating in missouri. The director must conduct a financial examination of every insurer licensed in Missouri at least

Every 5 Years

To maintain an insurance license, all missouri producers must successfully complete the required continuing education. All Of the following statements concerning education are correct, EXCEPT.

Excess CE may not be applied toward the next requirement period

Which of the following is not among the lines of authority for which an insurance producer may qualify in the state of missouri

Group health insurance

All of the following are among the directors broad powers EXCEPT

Have interest in insurance companies regulated by the department

An insurance producer license contains all of the following information EXCEPT

Name of insures represnted by the license

The Director has just finished examining a domestic insurer. When is the Director next required to examine that insurer?

No later than 5 years from now

Which of the following may not be included in an insurance company's advertisement

Policies issued by the company are protected by the state guaranty association

If a company has transacted insurance in this state without a certificate of authority, which of the following is true of its obligations for the policies sold?

The company can still be liable for its policies in any court of this state