Michigan Life, Accident, and Health Exam with 2026/2027

Michigan Life, Accident, and Health Exam with 2026/2027
The Commissioner of Insurance is appointed by the Governor for a term of -
ANSWER-4 years
All of the following are examples of insurance transactions except:
A. soliciting applications for insurance
B. delivering policies
C. licensing of producers
D. collecting premiums - ANSWER-Correct answer: C - licensing of producers
A temporary license issued to close the affairs of a deceased producer may be
issued for up to _____ days at the discretion of the Commissioner - ANSWER180 days
Continuing Education (CE)
______ hours of CE every two years
______ hours must be in Ethics
______ day grace period to complete CE - ANSWER-24 total hours every two
years
3 hours in ethics
90 day grace period
Michigan Life and Health Insurance Guaranty Association - ANSWER-Protects
policy holders against failure insolvent insurers