Resident licensees Study guides, Class notes & Summaries

What are the minimum requirements to become a licensed producer in SC? - 1 At least 18 years old 2 Be of good moral character 3 No criminal history - Background check 4 Pay fees 5 Take/pass Exam What documentation is required by SC Department of Insurance to process your application? - 1 Figure print/background check 2 Exam results 3 paid fees How does a Producer become an Agent? - Producer + appointment = Agent Name the 3 types of individual licensees issued by the director. - 1 Pr...

Connecticut Producer's Examination for Life/Accident and Health Insurance 2024 New Review Licensing Process - 1) Be 18 years or older 2) Be a U.S. citizen or a legally admitted alien 3) Complete all educational requirements 4)Pass exam 5) Be a legal resident at the time of application 6) Satisfy the Commission as to honesty, trustworthiness, integrity, and competency. Honesty, trustworthiness, and integrity will be established by the background check on the initial application. Types...

Director examination of insurer at least once every ________ years - correct answer 5 Maximum fine of ________ for an individual for each insurance code violation, imprisonment for ________ months or both - correct answer $1000, 6 Maximum insurer insurance code fine per violation - correct answer $5000 Maximum fine for transacting insurance without a license - correct answer $15,000 Lapsed licenses may be reinstated within ________ (months) upon payment of fees and comple...

Process 2103 (d-i) - 1. The Superintendent may issue a license to any person, firm or corporation who has complied with the requirements of the Insurance Code, authorizing the licensee to act as agent of any authorized insurer. Every individual applicant for a license under this section and every proposed sub-licensee must be 18 years of age or older at the time of issuance of such license. The person must submit to and pass a written examination required by the Superintendent. Producer Defin...

Real Estate Gold Coast Chapter 1-5 Complete Questions with 100% correct Answers Licensees have to be experts in all the following? Marketing, Valuation, Property Transfer What is farming? When licensees concentrate on ONE type, style of property or particular neighborhood In a business brokerage, what is the "going concern value" ? (COMBINED ASSETS OF A BUSINESS) value of the business, which includes income, intangible vs tangible, goodwill and value of real property I...

MINNESOTA NAIL TECHNICIAN LAW TEST QUESTIONS WITH VERIFIED SOLUTIONS A non resident nail tech can be mn certified if... the individual has completed cosmetology school in a state or country with the same or greater school hour requirements, has an active license in that state or country, and has passed a board-approved theory and practice-based examination If an individual has less than the required number of school hours, the individual must have a current active license in anot...

Texas All Lines Adjuster Review Exam Questions & Answers 2024/2025 All of the following are exempted from the requirement of an adjuster's license examination except: A. Those persons holding CPCU designation; B. those persons adjusting workers compensation claims; C. Those persons who have received the Associate in Claims (AIC) designation; D. Those persons who have a certificate of completion showing that within the past 12 months the applicant has completed a certified adjuster prelicen...

In Illinois, the real estate license law is administered by the...? - IDFPR (Bureau of Real Estate Professions) How are the nine members of the Real Estate Administration and Disciplinary Board Selected? - By the governor What is the name given to the Illinois license laws under which brokers and salespeople practice? - Real Estate License Act of 2000 After May 1, 2011, the new license categories are: - Managing Broker and Broker After April 30, 2012, as an alternative to passing the...

MS Property & Casualty question and answers latest hrs & 3 of those hours ethics To renew a producer license which is been in affect more than 18 months, a producer must complete ___________ 12 hrs To renew a producer license which is been in effect for 18 months or less, a producer must complete________ of CE. 30 days A producer must report to the commissioner any administrative action taken against the producer in any jurisdiction, for by another governmental agency in the st...

Transfer fees can be assessed on real property sales at a rate of correct answers $1.85 per $500 of the sales price and are typically paid by the seller. All advertisements must include correct answers the full name of the licensee's real estate brokerage firm. If a licensee is part of a team, the team name needs to be included as well. The broker-in-charge must notify the real estate commission of changes to name or contact information within ___ days correct answers 10 days Unlicense...