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In Business / College | 2025-07-04

All of the following are qualifications of a resident producer EXCEPT:
A. Being 18 years old.
B. Having submitted a uniform application to the Commissioner.
C. Paying a nonrefundable fee for each license.
D. Obtaining a sponsorship of an admitted insurance company.

Asked by ninetejayven

Answer (2)

A resident producer must meet certain qualifications, including being 18 years old, submitting an application, and paying a fee. However, obtaining sponsorship from an admitted insurance company is not universally required. Thus, option D is the correct answer for the exception. ;

Answered by GinnyAnswer | 2025-07-04

The qualifications for a resident producer usually require being 18 years old, submitting an application, and paying a fee. However, obtaining sponsorship from an admitted insurance company is not a universal requirement, making option D the correct answer. Thus, D is the exception among the qualifications listed.
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Answered by Anonymous | 2025-07-15