SC state laws

Soliciting controlled business

A producer's license may be revoked for all of the following activities except

Advertising insurance policies

Acts requiring a person to be licensed as a producer include all of the following except

Issuing checks in full settlement of a claim that contain language releasing the insurer from liability

All fo the following are considered to be unfair and deceptive trade practices except

Replacing one policy with another

All of the following acts are prohibited except

File the list of agency appointments with the department of insurance

All of the following re duties of insurance licensees except

An insurer assigns a premium rating to an applicant because of studies that suggest members of the applicant's race have a shorter than average life expectancy

An example of unfair discrimination is best demonstrated by which of the following situations?

An agent

An individual who negotiates insurance coverage for compensation on behalf of an insurer best describes

Compliance with state laws

By examining an insurer's records, the head of the department of insurance assess the insurer's

Licensing producers

Exclusive agents do not have the responsibility for

Paying a bonus to a licensed employee for referring the policyowner to the producer

In most jurisdictions, all of the following would constitute unlawful acts of rebating except

Authority

In order to do business in a state, an insurer must have a certificate of

Be appointed by that insurer

In order to sell insurance for an insurer, the producer must first

National association of insurance commissioners

Regarding the insurance business, which of the following is an example of a self regulatory body?

Enacting insurance laws

The chief officer of the state insurance department is not responsible for

Rebating

To increase sales activity as a new agent, Norm offers two nights stay at a nice downtown hotel to the first 10 clients who purchase a homeowners, auto and life insurance policy with his agency. Norm is guilty of

18 years old

What is the minimum age to be licensed as an insurance producer?

Denying a claim within a reasonable time after a proof of loss statement was completed

Which of the following actions is not an unfair claims method?

An agent tells a prospect that the policy has achieved a certain level of dividends for the past 5 years

Which of the following activities is not an example of misrepresentation?

A producer may not share commissions with a licensed nonresident producer

Which of the following statements regarding the payment of commissions is not correct?

making conservation efforts regarding the replacement of policies

the head of the department of issuance can suspend a producer's license for all fo the following reasons except