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Common Ethical and Compliance Problems Review Questions

Posted on 09.12.24

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  1. Question 1 of 4
    1. Question

    Barbara, a life insurance agent, routinely refers to life insurance policies as “private pensions” in her discussion with prospects. What concern does that term raise?

  2. Question 2 of 4
    2. Question

    Bill, an insurance agent, agreed to give his customer season tickets for the city’s NBA games if the customer purchased a life insurance policy. Of what, if anything, is Bill guilty?

  3. Question 3 of 4
    3. Question

    What principle supports the requirement that an agent should not engage in activities for which he or she is authorized but is incapable of performing with a level of skill possessed by others who are similarly engaged?

  4. Question 4 of 4
    4. Question

    As a general rule, a captive agent is held to a higher ethical standard with regard to conflicts of interest involving an insurer than an independent agent would be.

Categories: Hawaii, Life and Health, Rules/Ethics

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