10 Questions
What is the minimum number of credit hours required for an individual to complete before applying for an insurance producer license?
24 credit hours
How many credit hours on ethics must be included in a pre-examination education program?
3 credit hours
What is the license fee for a nonresident producer license?
$55
What additional requirement is needed apart from the study certificate and examination fee when applying for an insurance producer license?
Fingerprint check
Under what circumstance are the pre-examination education requirements and examination not required for an applicant?
If the applicant is a business owner
Which of the following individuals would NOT need to be licensed as a producer under the laws of Pennsylvania?
An employee who supervises the training of an insurance producer
What type of license would be issued to individuals for the purpose of ensuring an orderly continuation or disposition of an insurance business during a time of transition?
Temporary License
Which type of individual would manage an insurance business or effect reinsurance agreements on behalf of an insurer?
Managers and Exclusive General Agents
What is the penalty for violating the requirement of being licensed as an insurance producer in Pennsylvania?
Third-degree felony
Who among the following would NOT be considered an insurance producer according to Pennsylvania state laws?
An employer who is compensated by the insurer for administering employee benefits programs
Explore the different types of licenses issued by the Commonwealth of Pennsylvania for insurance professionals. Learn about Insurance Producers, Temporary Licenses, and Managers and Exclusive General Agents.
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