Updated: Aug 27, 2026
No. of Questions: 120 Questions & Answers with Testing Engine
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| Certification Vendor: | Hawaii Insurance Division (administered by Pearson VUE) |
|---|---|
| Exam Name: | Hawaii Life Producer Examination |
| Exam Number: | InsHI_Life01 / OPLife01 |
| Passing Score: | 70% |
| Exam Price: | $75 USD |
| Exam Format: | Multiple-choice (4 options), Online proctored or In-person test center, Computer-based |
| Available Languages: | English |
| Exam Duration: | 120 minutes |
| Related Certifications: | Hawaii Accident and Health Producer Examination |
| Real Exam Qty: | 96 (85 scored + 11 pretest) |
| Certificate Validity Period: | Licensure valid with continuing education; exam result valid for license application |
| Recommended Training: | Hawaii Examination Content Outline Hawaii Insurance Candidate Handbook |
| Exam Registration: | Pearson VUE Hawaii Insurance Registration |
| Sample Questions: | Insurance Licensing Hawaii-Life-Producer Sample Questions |
| Exam Way: | In-person test center or online proctored (OnVUE) |
| Pre Condition: | No mandatory pre-licensing education required in Hawaii; minimum age 18 |
| Official Syllabus URL: | https://cca.hawaii.gov/ins/producers-exam_info/ |
| Section | Weight | Objectives |
|---|---|---|
| Life-General Knowledge | ~59% | - Life Insurance Concepts and Application
|
| Hawaii Insurance Laws, Rules, and Regulations | ~41% | - Hawaii-Specific Life Insurance Rules
|
Question 1
Mr. and Mrs. X have a one-month-old infant. They would like a $250,000 life insurance policy on Mr. X with the lowest premium for the next 20 years. The suitable policy recommendation would be a:
A. 20-year Increasing Term
B. Variable Life funded for 20 years
C. 20-Pay Life
D. 20-year Level Term
Question 2
Which of the following features makes Universal Life different from other forms of Whole Life insurance?
A. Free Look period
B. Settlement options
C. Premium schedules
D. Beneficiary provisions
Question 3
In a Hawaii variable life insurance contract, investment gains and losses attributable to assets held in a separate account are:
A. credited only when the policy is surrendered
B. combined with all gains and losses from the insurer's general account
C. guaranteed by the Insurance Commissioner
D. credited to or charged against the separate account independently of the insurer's other investment results
Question 4
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 5
A beneficiary receives a $300,000 lump-sum life insurance death benefit from a policy that was not transferred for value. Under the general federal income-tax rule, the $300,000 death benefit is:
A. subject to capital gains tax
B. taxable only if the beneficiary is not related to the insured
C. generally excluded from gross income
D. fully taxable as ordinary income
Solutions:
| Question 1 Answer: D | Question 2 Answer: C | Question 3 Answer: D | Question 4 Answer: B | Question 5 Answer: C |
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