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Exam (elaborations)
TX General Lines - Property and Casualty (Law and Regulations) questions with correct answers
Preview 2 out of 15 pages
Licensing Purpose CORRECT ANSWER For the protection of the public of this state. Individuals must satisfy the following to be eligible to get a license: CORRECT ANSWER -18 years of age or older -Resident of state -Passed exam and pay fees -Filed application and submitted a fingerprint card -Not license for the purpose of selling to themselves, family, or employees Refuse to issue any license if: CORRECT ANSWER -Material misrepresentation or fraud in application -Record of dishonesty or misappropriation of customer funds -Is incompetent or lacks moral turpitude -Record of suspension or revocation in other jurisdiction -Convicted of felony Types of licenses: CORRECT ANSWER -Agent -Adjuster -Surplus Lines Broker -Managing General Agent
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- October 19, 2023
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