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Which statement is TRUE about an insurance agency that is seeking to become a licensed business entity?

A. Everyone who works at the agency must be individually licensed.
B. The agency can have no more than 50 employees.
C. Everyone who sells or solicits insurance for the agency must be licensed.
D. The president of the agency must be licensed.



Answer :

GinnyAnswer

Final answer:

The statement TRUE about an insurance agency seeking to become a licensed business entity is that everyone involved in selling or soliciting insurance must be licensed.


Explanation:

Everyone who sells or solicits insurance for the agency must be licensed. This statement is TRUE about an insurance agency seeking to become a licensed business entity. It is a regulatory requirement to ensure that those involved in selling or soliciting insurance have the necessary qualifications and understanding of the industry.


Learn more about Insurance agency licensing requirements here:

https://brainly.com/question/45320400


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