Regulación de Seguros

Regulación de Seguros

Professional Development

10 Qs

quiz-placeholder

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Regulación de Seguros

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Assessment

Quiz

Business

Professional Development

Hard

Created by

Sherriffa Mohamed

Used 1+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of license is issued to a producer who resides in a particular state or has a principal place of business in that state?

Resident producer license

Non-resident producer license

Insurance broker license

Insurance agent license

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long does the non-resident producer license last?

180 days

90 days

2 years

1 year

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What requirements must a non-resident applicant meet to obtain approval as a surplus lines broker?

Complete a pre-licensing education program

Pay a standard fee

Have at least two years of professional experience working on behalf of a property and casualty insurer

Take a written exam

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How long does an insurance producer's license last?

4 years

3 years

1 year

2 years

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should applicants indicate in the application for an insurance producer license if they have a license in another state?

That they are applying for a license for the first time

That they have a license in another state

Nothing

That they do not have a license in another state

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What should applicants do if their insurance producer license is suspended, revoked, or denied renewal?

Appeal the decision

Notify in writing

Do nothing

Pay a fine

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How many hours does the approved course that applicants must complete to obtain the insurance producer license last?

16 hours

24 hours

32 hours

40 hours

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