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Insurance Licensing NJ-Life-Producer Questions & Answers - in .pdf

NJ-Life-Producer pdf
  • Total Q&A: 95
  • Update: Sep 11, 2026
  • Price: $59.99
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  • Vendor: Insurance Licensing
  • Exam Code: NJ-Life-Producer
  • Exam Name: New Jersey Life Producer Exam
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Insurance Licensing NJ-Life-Producer Q&A - Testing Engine

NJ-Life-Producer Study Guide
  • Total Q&A: 95
  • Update: Sep 11, 2026
  • Price: $59.99
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  • Vendor: Insurance Licensing
  • Exam Code: NJ-Life-Producer
  • Exam Name: New Jersey Life Producer Exam
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Insurance Licensing NJ-Life-Producer Exam Overview:

Certification Vendor:New Jersey Department of Banking and Insurance (NJDOBI)
Exam Name:New Jersey Life Producer Examination
Exam Number:NJ-Life-Producer
Real Exam Qty:83
Exam Format:Multiple Choice, Computer-Based Testing
Passing Score:70%
Related Certifications:New Jersey Life Insurance Producer License
Exam Price:USD 47
Exam Duration:120 minutes
Available Languages:English
Certificate Validity Period:License renewal required every 2 years with continuing education requirements
Sample Questions:Insurance Licensing NJ-Life-Producer Sample Questions
Exam Way:Available at PSI testing centers and through remotely proctored online examination.
Pre Condition:Completion of a New Jersey-approved prelicensing education course (typically 20 hours for Life line of authority) and possession of a Certificate of Completion.
Official Syllabus URL:https://www.psiexams.com/test-takers/njdobi/

Insurance Licensing NJ-Life-Producer Exam Syllabus Topics:

SectionObjectives
Retirement and Other Insurance Concepts- Retirement Plans
- Life Insurance Needs Analysis
- Qualified Plans
Types of Policies- Combination Plans and Variations
- Term Life Insurance
- Annuities
- Interest-Sensitive Life Products
- Traditional Whole Life Products
Policy Riders, Provisions, Options, and Exclusions- Policy Exclusions
- Policy Provisions and Options
- Policy Riders
Completing the Application, Underwriting, and Delivering the Policy- Underwriting
- Policy Delivery
- Application Process
State Laws, Rules, and Regulations- New Jersey Insurance Regulations
- Marketing Practices
- Producer Licensing Requirements
- Ethics and Consumer Protection

Insurance Licensing New Jersey Life Producer Sample Questions:

Question #1
Lapsed individual life insurance may be reinstated at any time within

A. 5 years.
B. 2 years.
C. 3 years.
D. 4 years.


Question #2
Insurance advertising in local newspapers is regulated by the

A. Federal Communications Commission.
B. New Jersey Department of Banking and Insurance.
C. Attorney general.
D. Marketing department of the insurance company.


Question #3
Printing derogatory statements about an insurance company's financial condition is known as

A. Misrepresentation.
B. Defamation.
C. Alienation.
D. Not provided in the source question.


Question #4
The 1944 U.S. v. South-Eastern Underwriters Association case determined that

A. Insurance is commerce and should be subject to federal regulation.
B. Individuals who transact insurance business are subject to the same regulations as investment brokers.
C. Insurance is commerce and should be subject to state regulation.
D. Insurance companies that transact insurance business are subject to the same regulations as banks and savings and loan associations.


Question #5
A group life face amount is sometimes written as an amount equal to an employee's

A. Age.
B. Net worth.
C. Salary.
D. Home value.


Solutions:

Question #1
Correct Answer: C
Question #2
Correct Answer: B
Question #3
Correct Answer: B
Question #4
Correct Answer: A
Question #5
Correct Answer: C

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