In order to engage in the business of insurance with an insurer, a producer must meet all of the following requirements EXCEPT:

A. Be appointed by the insurer.
B. Meet continuing education requirements.
C. Be licensed in good standing.
D. Be licensed for at least 2 years.

Question

15-07-2024
Business

Answered

In order to engage in the business of insurance with an insurer, a producer must meet all of the following requirements EXCEPT:

A. Be appointed by the insurer.
B. Meet continuing education requirements.
C. Be licensed in good standing.
D. Be licensed for at least 2 years.

Answer :

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GinnyAnswer GinnyAnswer · Answer 1 · 2024-07-15T17:17:38-04:00

Final answer:

To engage in the business of insurance with an insurer, a producer must meet specific licensing criteria, including being appointed by the insurer, fulfilling continuing education requirements, and maintaining good standing; being licensed for at least 2 years is not a mandatory requirement.

Explanation:

Licensing requirements for insurance producers involve several criteria that must be met to engage in business with an insurer. These include being appointed by the insurer, meeting continuing education requirements, and being licensed in good standing. The exception among the given requirements is being licensed for at least 2 years.

Learn more about Insurance producer licensing requirements here:

https://brainly.com/question/39598406

In order to engage in the business of insurance with an insurer, a producer must meet all of the following requirements EXCEPT:A. Be appointed by the insurer.B. Meet continuing education requirements.C. Be licensed in good standing.D. Be licensed for at least 2 years.

Answer :

Final answer:

Explanation:

Learn more about Insurance producer licensing requirements here:

Other Questions

In order to engage in the business of insurance with an insurer, a producer must meet all of the following requirements EXCEPT:

A. Be appointed by the insurer.
B. Meet continuing education requirements.
C. Be licensed in good standing.
D. Be licensed for at least 2 years.