Life, Accident, and Health Insurance Exam (SC) Questions with correct Answers

What are the minimum requirements to become a licensed producer in South Carolina? - ANSWER-- at least 18 years old - good moral character - clean SLED background check - passed LAH exam - completed DOI registration application and paid fee What documentation is requested by the SC Department of Insurance to process your application? - ANSWER-DOI confirmation page including evidence of $25 fee paid Fingerprint Check PSI original exam score with a 70% of higher How long is your exam status good for? - ANSWER-One year How does a producer become an agent? - ANSWER-Once a person has a license from the DOI, individual insurers appoint the producer to be their agents/legal representatives. Agents can be appointed to many carriers. Name the 3 types of individual licenses issued by the Director. - ANSWER-- Individual Producer - Nonresident producer - Temporary License