Tennessee Personal Lines Insurance License Exam — All Questions

Which agency issues resident personal lines insurance producer licenses in Tennessee?

• a.Tennessee Department of Commerce and Insurance (TDCI)✓
• b.The Tennessee Bureau of Insurance Agents
• c.The National Association of Insurance Commissioners
• d.The federal Department of Insurance

Insurance in Tennessee is regulated at the state level by the Tennessee Department of Commerce and Insurance (TDCI), headed by the Commissioner. It licenses and renews producers, reviews rates and forms, and enforces the state insurance code. The NAIC is a standards body, not a licensing agency, and there is no federal insurance department. Source: Tennessee Department of Commerce and Insurance (https://www.tn.gov/commerce/insurance).

After a producer is licensed in Tennessee, what generally must occur before he or she can transact business for a specific insurer?

• a.Nothing further - a license alone lets the producer bind any insurer
• b.The insurer must appoint the producer and file the appointment with TDCI✓
• c.The producer must be elected by policyholders
• d.The producer must register with the NAIC

A license lets a person act as a producer, but to represent a specific insurer that company must appoint the producer and file the appointment with the Tennessee Department of Commerce and Insurance. A producer may hold appointments from many insurers at once. Source: Tennessee Department of Commerce and Insurance.

Which statement about continuing education (CE) for resident personal lines producers in Tennessee is correct?

• a.Producers must complete state-approved CE, typically including an ethics component, each renewal cycle✓
• b.CE is never required once the license is issued
• c.CE is set and enforced by the federal government
• d.Only life insurance producers have any CE duty

To renew, resident Tennessee producers must complete state-approved continuing education each cycle, typically including an ethics component. Exact hour totals and the renewal period are set by TDCI and can change, so verify current requirements with the Tennessee Department of Commerce and Insurance (https://www.tn.gov/commerce/insurance) rather than memorizing a number.