A non resident producer Study guides, Class notes & Summaries

Person Required to be Licensed - ANSWER Cannot sell, solicit, or negotiate insurance unliess licensed for the appropriate line of authority Producer - ANSWER The person required to be licensed under state law to transact insurance. -At least 18 years of age -Has not committed any act that is ground for license denial, suspension, or revocation -Has completed a prelicensing course of study -Has paid the appropriate fees -Has passed the examinations for the appropriate line(s) of authorit...

New Jersey Laws and Rules Questions and Answers 100% Pass An agent is required to keep replacement forms on file for at least ____ years. 5 Maria the agent would like to advertise an annuity product on a highway billboard. which of the following must be included in the advertisement? Her name Employer sponsored group health insurance provides coverage for which of the following? Alcoholism Advertising regulations exist to Assure full and truthful disclosures to the public An ...

South Carolina Life Insurance Producer Exam 2024 with 100% correct answers 1. Independent Insurance Agents also known as insurance sales agents that typically sell a variety of Insurance and financial products. ANS Producer 2. An agent who holds an insurance license in the state in which they live ANS - resident producer 3. Agents who hold an insurance license in a different state than the one they live ANS non-resident producer 4. agents that work on behalf of life insurance companies to...

Pre-Licensing Insurance Course Chapter 19 (Part 1) Already Graded A The Commissioner may by order limit the authority of a temporary licensee in any way considered necessary: a. To protect insureds and the public b. To accredit insureds and insurers c. To recognize the insureds of Indiana d. To certify the insurers of Indiana a. To protect insureds and the public How many months does an applicant for a resident insurance producer license have to file a course completion certificate with the Co...

Certificate of Authority correct answer: No insurance company may transact any insurance business in this state unless it has received a Certificate of Authority from the Department of Insurance to do so. When does Certificate of Authority expire? correct answer: Expires on the last day of April in each year and must be renewed annually. How often may the director or any of his or her examiners conduct an examination? correct answer: AS often as the director deems appropriate but will c...

Producer - ANSWER Independent Insurance Agents also known as insurance sales agents that typically sell a variety of Insurance and financial products. resident producer - ANSWER An agent who holds an insurance license in the state in which they live non-resident producer - ANSWER Agents who hold an insurance license in a different state than the one they live Broker - ANSWER agents that work on behalf of life insurance companies to help potential customers navigate the process of buying...

Connecticut State Insurance Laws Exam Questions and Answers Licensing - Resident Producer - Correct Answer ️️ -18 Years old Min Age Financially responsible ; Good moral character 80 HRS required for P&C and Life / Accident & Health of pre licensing study Must pass written exam in lines of business seeking license Biennial CE Requirememt 24 Hours All licenses expire on January 31st 40 Hrs for other lines Non Resident Producer - Correct Answer ️️ -Can be exempt from pre licensing ...

PA Insurance License Prep Questions and Answers Already Passed Every PA insurer, upon receiving notification of a claim, must acknowledge receipt of the notice within: a. 10 days b. 15 days c. 30 days d. 45 days a. 10 days The Free Look period in PA for individual health insurance policies is __ days. a. 5 b. 10 c. 15 d. 20 b. 10 A resident producer license requires each of the following EXCEPT: a. Applicant receiving a passing score on state exam b. Satisfied prelicensi...

Property & Casualty - PA - Insurance Regulation Latest 2024 Graded A+ Purpose of insurance regulation. Assure the public is treated fairly and equitably. Requirements to be licensed. Pre-licensing requirements, pass the exam, pay application fee Producer's license. Permitted to legally sell, solicit and negotiate contracts of insurance. Licensing requirements. 24 credit hours, pass exam, 18 yrs. or older, able to read and write English, not be a criminal, pay all fees, have profes...

Connecticut State Insurance Laws Exam Questions and Answers Licensing - Resident Producer - Correct Answer ️️ -18 Years old Min Age Financially responsible ; Good moral character 80 HRS required for P&C and Life / Accident & Health of pre licensing study Must pass written exam in lines of business seeking license Biennial CE Requirememt 24 Hours All licenses expire on January 31st 40 Hrs for other lines Non Resident Producer - Correct Answer ️️ -Can be exempt from pre licensing ...