New York Accident & Health Insurance Test | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+

New York Accident & Health Insurance Test | Questions and Correct Solutions | Latest Update 2024/2025 | Graded A+ Agent License - Answer -Noone can sell insurance without license but you dont need to pass test if you are employees of licesed insurance agent wh do nt solicit, licensed attorneys, actuaries or cpas who provid ino, regular salaried implyees who devote little tie, an agent oof a graternal benefit society - must be 18, pass 540 hr course - pass state exam - Application must be submiteed w in 2 years - renewal every 2 years on birthday Certificate of appointment - Answer -if a license is granted to an corporation, , only the officers and directors named on the license can act as agents, but they can sub license agents. Every time a new agent comes on boad, they need a certificate of appointment from the stateLicense Term for Agent - Answer -2 years; can be suspended or revoked by superintendent, terminated by insurer, fails to file a renewal application, it can be terminated; Must be able to be furnished on request, the head agent must display in the office; if no certificate of appointment is filed, the license is inactive Consultant - Answer -Allows a pers