[Full-Version] 2026 New NJ-Life-Producer Actual Exam Dumps, Insurance Licensing Practice Test [Q35-Q49]

NO.35 A policy may contain provisions excluding or restricting coverage as specified in the event of death under all of the following EXCEPT

NO.36 A group life contract that lapses because of nonpayment of premium will continue to cover losses incurred by the insured for

NO.37 Which of the following is not among the rights of the life insurance policyowner?

NO.38 The proposed insured’s statements on a life insurance application are considered to be

NO.39 Which of the following dividend options is taxable?

NO.40 In New Jersey, an individual must be at least how many years of age to qualify for a producer’s license?

NO.41 The 1944 U.S. v. South-Eastern Underwriters Association case determined that

NO.42 A contract between two insurance companies that allows one company to transfer risk to a second company is known as

NO.43 A type of life insurance policy that provides for payment of the face amount at the end of the specified period if the insured is still alive is

NO.44 A producer who is authorized by an insurance company to solicit, negotiate, or sell insurance contracts is acting as

NO.45 If a producer makes a sales proposal or presentation that fails to fairly and fully disclose future premium charges, benefits, and any options included in the policy, the producer may be found guilty of

NO.46 After discussing financial status, tax status, investment objectives, and any other information considered to be relevant, the producer and the client decide that an annuity will achieve the client’s financial goal. This annuity purchase is deemed to be

NO.47 The premium mode defines the

NO.48 Which of the following represents a reduced paid-up nonforfeiture option?

NO.49 When can the beneficiary be changed in a life insurance policy?