Life, Health, & Accident Practice Test | 100 Questions| Correct 100%

To renew a producers' license, the producer must - ANSWER Satisfy the state's continuing education requirement The Commissioner of Insurance in Mississippi is appointed for a term of - ANSWER Four years An incorporated insurer owned by its policyholders is known as a - ANSWER Mutual Insurer An insurer formed under the laws of Mississippi is known as a - ANSWER Domestic Insurer Which of the following is considered to be an insurer - ANSWER Insurance Company All of the following are true about inactive agents in Ms except - ANSWER An inactive agent may solicit new business If a person violates a cease and desist order of the Commissioner while it is in effect, the penalty may be loss of license and a fine of up to - ANSWER $1000 for each violation