Free Tennessee Life and Health Practice Exam Online

Correct answer: B. A person required to be licensed under Tennessee law to sell, solicit, or negotiate insurance

Correct: T.C.A. § 56-6-102 defines an insurance producer as a person required to be licensed to sell, solicit, or negotiate insurance.

• A: Incorrect: Business entities and their employees must hold individual producer licenses to conduct insurance transactions.
• C: Incorrect: An insurance producer is not limited to property and casualty insurance; they may hold licenses in multiple lines including life and accident & health.
• D: Incorrect: Unlicensed individuals are explicitly prohibited from soliciting insurance; all solicitors must be licensed producers.

Correct answer: D. 18 years old

Correct: T.C.A. § 56-6-105 requires applicants to be at least 18 years of age.

• A: Incorrect: Tennessee does not require producers to be 25 years old.
• B: Incorrect: Tennessee clearly establishes a minimum age requirement of 18 years.
• C: Incorrect: Tennessee does not impose a 21-year-old minimum for insurance producers.

Correct answer: A. The applicant must be a resident of Tennessee at the time of application

Correct: T.C.A. § 56-6-105 requires applicants to be residents of Tennessee.

• B: Incorrect: Property ownership is not a licensing requirement; residency is.
• C: Incorrect: Residency is a mandatory requirement for resident producer licensure.
• D: Incorrect: Tennessee does not impose a five-year residency requirement.

Correct answer: B. The lines of authority applied for, the duties and responsibilities of producers, and Tennessee insurance laws and rules

Correct: T.C.A. § 56-6-105 specifies that examinations must test knowledge of the lines of authority, producer duties and responsibilities, and state insurance laws and rules.

• A: Incorrect: Real estate valuation is unrelated to insurance producer licensing.
• C: Incorrect: The examination covers insurance-specific content, not general business or personal finance.
• D: Incorrect: Federal banking and securities regulations are outside the scope of the state insurance producer examination.

Correct answer: A. Life insurance, which covers insurance on human lives including endowment and annuities

Correct: T.C.A. § 56-6-107 establishes 'Life' as a line of authority covering insurance on human lives including benefits of endowment and annuities.

• B: Incorrect: Accident and Health insurance does include disability income benefits as part of its authorized coverage.
• C: Incorrect: Property and Casualty is one of several possible lines; it is not required for all producers.
• D: Incorrect: Variable life and variable annuity licenses require the applicant to first hold a life insurance license.