TX General Lines - Property and Casualty (Law and Regulations) questions with correct answers

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