I took Hawaii-Life-Producer exam two days ago, and I passed it easily.
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Hawaii Insurance Laws, Rules, and Regulations | ~41% | - Hawaii Common Insurance Law
|
| Topic 2: Life-General Knowledge | ~59% | - Types of Policies
|
A life insurance policy is issued after a basic illustration was used in the sale. Under Hawaii's life insurance illustration requirements, the insurer must generally retain the applicable signed illustration records until:
Correct Answer: D 🗳️
Explanation: Only visible for ExamBoosts members. You can sign-up / login (it's free).
R is insured under a $25,000 Whole Life policy with an Accidental Death Benefit rider. If R dies as the result of a heart attack while driving to work, R's beneficiary will receive a maximum of which of the following amounts?
Correct Answer: C 🗳️
Explanation: Only visible for ExamBoosts members. You can sign-up / login (it's free).
A producer may have placed excessive controlled business when insurance written on the producer and the producer's family during a two-year period exceeds:
Correct Answer: B 🗳️
Explanation: Only visible for ExamBoosts members. You can sign-up / login (it's free).
Collecting premiums for insurance and depositing them in an existing personal bank account is an example of:
Correct Answer: D 🗳️
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Under Hawaii Group Life Insurance law, a dependent is defined as a child of the insured who is:
Correct Answer: A 🗳️
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