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Insurance Licensing Life-Producer Practice Test Questions Answers

Exam Code: Life-Producer (Updated 90 Q&As with Explanation)
Exam Name: Maryland Life Producer Exam (Series 20-27)
Last Update: 17-Sep-2025
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Questions Include:

  • Single Choice: 90 Q&A's

  • Life-Producer Overview

    Maryland Life Insurance Producer Exam Overview

    Category Details
    Exam Name Maryland Life Insurance Producer Licensing Exam
    Governing Body Maryland Insurance Administration (MIA)
    Exam Provider Pearson VUE
    Prerequisites - Complete 20-hour pre-licensing course
    - Submit fingerprints for background check
    Exam Fee $44 (state fee) + $69 (Pearson VUE fee) = $113 total
    Passing Score 70% (scaled score)
    License Validity 2 years (requires 24 CE credits for renewal)
    Exam Duration 2 hours
    Number of Questions 100 multiple-choice questions
    Question Types - General knowledge (50%)
    - State-specific laws (50%)
    Content Breakdown 1. Life Insurance Basics (30%)
    2. Policy Types (25%)
    3. Maryland Insurance Laws (25%)
    4. Ethics & Regulations (20%)

     

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    Insurance Licensing Life-Producer Exam Topics Breakdown

    Domain Weight Key Topics
    1. Life Insurance Fundamentals 30% - Term vs. permanent life
    - Underwriting process
    - Premium calculations
    2. Policy Types & Riders 25% - Whole life, UL, VUL
    - Accelerated death benefits
    - Policy exclusions
    3. Maryland-Specific Laws 25% - MIA regulations
    - Replacement rules
    - Free-look period requirements
    4. Ethics & Compliance 20% - Producer responsibilities
    - Fraud prevention
    - Replacement disclosures

    Insurance Licensing Life-Producer Maryland Insurance Practice Exam Questions and Answers

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    All Maryland Insurance Related Certification Exams

    Insurance Licensing Life-Producer Exam Dumps FAQs

    The Life-Producer exam is a licensing examination administered by the Maryland Insurance Administration (MIA) for individuals who want to sell life insurance products in Maryland. Passing this exam is required to become a licensed Life Insurance Producer in the state.

    The exam is moderately challenging, especially for those new to insurance concepts or regulations. Many candidates find the legal and policy-specific language difficult without proper preparation. Using exam dumps, PDF questions, and a practice test engine from Solution2Pass can significantly improve your understanding and exam performance.

    The Life-Producer exam covers a wide range of life insurance topics, including:

    • General insurance concepts

    • Life insurance policies

    • Policy provisions, options, and riders

    • Annuities

    • Maryland state-specific insurance laws and regulations
      Studying with practice questions and real exam questions from Solution2Pass can help you cover these domains thoroughly.

    You must be at least 18 years old and complete a state-approved pre-licensing education course (usually 20 hours) before registering for the exam. After passing the exam, you can apply for your Life-Producer license through the NIPR (National Insurance Producer Registry).

    The Maryland Life-Producer exam consists of 85 multiple-choice questions. Out of these, 75 are scored, while the remaining 10 are pre-test questions that do not count toward your final score. You are given 2 hours to complete the exam.

    To pass the Maryland Life-Producer exam, you must achieve a score of 70% or higher. This means correctly answering at least 53 out of the 75 scored questions.

    Once licensed, your Maryland Life-Producer license is valid for two years. You must complete continuing education (CE) requirements and renew your license before it expires to stay in good standing.

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    Solution2Pass is trusted by thousands of candidates for its accurate, real exam questions, detailed PDF questions, and interactive practice test engine. With our high-quality exam dumps and updated materials, you can approach the Maryland Life-Producer exam with confidence and pass on your first attempt.

    Life-Producer Questions and Answers

    Question # 1

    Which one of the following life insurance settlement options pays a predetermined monthly benefit until principal and interest are exhausted?

    A.

    The fixed amount installment option

    B.

    The accelerated endowment option

    C.

    The interest-only option

    D.

    The fixed period installment option

    Question # 2

    All of the following are common underwriting factors used by life insurance companies EXCEPT:

    A.

    Ethnic heritage

    B.

    Amount of insurance applied for

    C.

    Driving record

    D.

    Family health history

    Question # 3

    Advertisements in general shall be:

    A.

    Approved by the Insurance Commissioner

    B.

    Clear only by implication

    C.

    Clear only by familiarity with insurance terminology

    D.

    Truthful

    Question # 4

    A valid contract requires all of the following EXCEPT:

    A.

    Offer and acceptance

    B.

    Competent parties

    C.

    Consideration

    D.

    Written evidence

    Question # 5

    Which of the following statements about cash values in whole life insurance policies is true?

    A.

    They result from the level premium concept.

    B.

    They cannot be guaranteed.

    C.

    They equal the policy face value at age 65.

    D.

    They typically increase until age 65 and remain level thereafter.

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