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Question 120

Which of the following actions by a producer would NOT result in a license suspension or revocation?

A. Producing an inadequate amount of new premium
B. Misappropriating an insured's premium payment
C. Demonstrating incompetency to transact business as an insurance producer
D. Misrepresenting the terms of an existing insurance contract



Answer :

GinnyAnswer

Final answer:

Producing inadequate new premium does not lead to a license suspension or revocation.


Explanation:

Producing an inadequate amount of new premium would NOT result in a license suspension or revocation. This action, although not ideal, does not directly violate the terms of an insurance license.


Learn more about Insurance Producer Actions here:

https://brainly.com/question/35292694


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