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Insurance Licensing Hawaii-Life-Producer Exam Overview:

Certification Vendor:Hawaii Department of Commerce and Consumer Affairs (DCCA) Insurance Division / Pearson VUE
Exam Name:Life Producer
Exam Number:InsHI_Life01 / OPLife01
Exam Price:$75 USD
Exam Duration:120 minutes
Available Languages:English
Passing Score:70 (scaled score)
Real Exam Qty:96 (85 scoreable + 11 pretest)
Exam Format:Online proctored OnVUE exam, Multiple-choice, Computer-based test center exam
Related Certifications:Hawaii Life Insurance Producer License
Certificate Validity Period:License term: not less than 1 year and not more than 3 years; renewal/extension for an individual producer is due on the last day of the licensee's birth month
Sample Questions:Insurance Licensing Hawaii-Life-Producer Sample Questions
Exam Way:Pearson VUE test center or Pearson VUE OnVUE online proctored examination. The test center version is InsHI_Life01; the online proctored version is OPLife01. The examination consists of a 75-minute General section and a 45-minute Hawaii-specific State section. The January 2026 official content outline specifies 50 scoreable plus 5 pretest questions for General and 35 scoreable plus 6 pretest questions for Hawaii-specific content, for 96 delivered questions in total.
Pre Condition:Minimum age 18. Hawaii does not require a specific pre-licensing education program or pre-screening before taking the examination. Applicants must pass the Life Producer examination for a Life producer license unless an applicable statutory examination exemption applies.
Official Syllabus URL:https://www.pearsonvue.com/content/dam/VUE/vue/en/documents/publications/121201.pdf

Insurance Licensing Hawaii-Life-Producer Exam Syllabus Topics:

SectionObjectives
Topic 1: Life - General Knowledge- Completing the Application, Underwriting, and Delivering the Policies
  • 1. Contract law
    • Elements of a contract
    • Unique aspects of the insurance contract
  • 2. Underwriting
    • Insurable interest
    • Medical information and consumer reports
    • Fair Credit Reporting Act
    • Risk classification
    • Stranger/Investor-owned life insurance
  • 3. Completing the application
    • Required signatures
    • Changes in the application
    • Consequences of incomplete applications
    • Warranties and representations
    • Collecting the initial premium and issuing the receipt
    • Replacement
    • Disclosures at point of sale
    • USA PATRIOT Act and anti-money laundering
    • Gramm-Leach-Bliley Act privacy
  • 4. Delivering the policy
    • When coverage begins
    • Explaining the policy and its provisions, riders, exclusions, and ratings to the client
- Types of Policies
  • 1. Interest/market-sensitive/adjustable life products
    • Universal life
    • Variable whole life
    • Variable universal life
    • Interest-sensitive whole life
    • Indexed life
  • 2. Traditional whole life products
    • Ordinary whole life
    • Limited-pay and single-premium life
  • 3. Term life
    • Types
    • Special features
  • 4. Annuities
    • Single and flexible premium
    • Immediate and deferred
    • Fixed and variable
    • Indexed
    • Accumulation and annuity periods
    • Payout options
  • 5. Combination plans and variations
    • Joint life (first to die)
    • Survivorship life (second to die)
- Retirement and Other Insurance Concepts
  • 1. Group life insurance
    • Conversion privilege
    • Contributory vs. noncontributory
  • 2. Life insurance needs analysis and suitability
    • Personal insurance needs
    • Business insurance needs
  • 3. Social Security benefits
    • 4. Retirement plans
      • Qualified plans
      • Nonqualified plans
    • 5. Tax treatment of insurance premiums, proceeds, and dividends
      • Individual life
      • Group life
      • Modified Endowment Contracts
    • 6. Third-party ownership
      • 7. Life settlements
        - Life Provisions, Riders, Options, and Exclusions
        • 1. Policy exclusions
          • War
          • Aviation
          • Dangerous occupation
        • 2. Policy provisions and options
          • Entire contract
          • Insuring clause
          • Free look
          • Consideration
          • Owner's rights
          • Beneficiary designations
          • Premium payment
          • Reinstatement
          • Policy loans, withdrawals, partial surrenders
          • Non-forfeiture options
          • Dividends and dividend options
          • Incontestability
          • Assignments
          • Suicide
          • Misstatement of age and gender
          • Settlement options
          • Accelerated death benefits
        • 3. Policy riders
          • Waiver of premium and waiver of monthly deduction
          • Guaranteed insurability
          • Payor benefit
          • Accidental death and/or accidental death and dismemberment
          • Term riders
          • Other insureds
          • Long term care
          • Return of premium
          • Disability
          • Cost of Living
        Topic 2: Life - Hawaii Specific- Hawaii Laws and Rules Pertinent to Life Insurance Only
        • 1. Marketing methods and practices
          • Replacement
          • Annuities
        • 2. Participation in Surplus
          • 3. Group Life
            • Group requirements
            • Assignment of proceeds
            • Conversion
          • 4. Credit Life
            • 5. Policy Clauses and Provisions
              • Protection of beneficiaries from creditors
              • Policy loan interest rate
              • Spouse's rights
            • 6. Variable Contracts
              - Hawaii Laws and Rules Common to Life, Accident and Health, Property, Casualty and Personal Lines Insurance
              • 1. Insurance Commissioner
                • General powers and duties
                • Examination of records
                • Notice of hearings
                • Penalties
              • 2. Guaranty Associations
                • 3. Definitions
                  • Authorized and unauthorized
                  • Domestic, foreign, and alien
                  • Stock, reciprocal and mutual
                  • Certificate of authority
                  • Insurance
                • 4. Marketing practices
                  • Unfair and deceptive practices
                  • Reporting and accounting for premiums
                  • Sharing commissions
                  • Required records and record retention
                  • Controlled business
                  • Premiums
                • 5. Licensing
                  • General qualifications for licensing
                  • Persons required to be licensed
                  • Denial, suspension, and revocation of licenses
                  • Renewal of license and continuing education

                Insurance Licensing Hawaii Life Producer Exam (InsHI_Life01 OPLife01) Sample Questions:

                Question 1

                In a contract of adhesion, any confusing language would be interpreted in favor of which of the following parties?

                A. The insurance regulatory authority
                B. The insured
                C. The insurance company
                D. The attorney


                Question 2

                An insured replaces a life insurance policy with another policy issued by the SAME insurer. With respect to the new policy's incontestability and suicide periods, the replacing insurer must generally:

                A. waive all future premiums for two years
                B. restart both periods completely without credit
                C. credit the time elapsed under the existing policy, up to the face amount of the existing policy
                D. apply the credit only if the beneficiary remains unchanged


                Question 3

                Except when a statutory exception applies, Hawaii generally prohibits entering into a life settlement contract during what period following issuance of the life insurance policy?

                A. 1 year
                B. 5 years
                C. 2 years
                D. 6 months


                Question 4

                A replacing insurer receives a completed life insurance application indicating that an existing policy will be replaced. Within how many business days must the replacing insurer notify the existing insurer that may be affected?

                A. 3 business days
                B. 30 business days
                C. 5 business days
                D. 10 business days


                Question 5

                Under the terms of a participating life insurance policy, an insurance company is required to:

                A. annually ascertain and apportion any divisible surplus to policyowners, beginning no later than the end of the third policy year
                B. inform policyowners that their dividend surplus cannot be used to purchase additional coverage
                C. notify policyowners of interest options available
                D. pay policyowners the apportioned divisible surplus only when the full amount is to be reinvested automatically


                Solutions:

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

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