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10/2/20

[Answer] A license may terminate a current producer by doing which of the following?Achieving a CPCU designationNone of the choices listedLosing their company appointmentReturning the license to the Department for cancellation any time before the expiration date

Answer: Returning the license to the Department for cancellation any time before the expiration date




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A license may terminate a current producer by doing which of the following?Achieving a CPCU designationNone of the choices listedLosing their company appointmentReturning the license to the Department for cancellation any time before the expiration date A license may terminate a current producer by doing which of the following? Achieving a CPCU designation None of the choices listed Losing their company appointment Returning the license to the Department for cancellation any time before the expiration date . A licensee may surrender a current producer license by returning it to the Department for cancelation at any time . The Department may refuse to accept a request for canceling a business entity's license unless all current officers or partners agree to the request. F. “ License ” means a document issued by this state’s insurance commissioner authorizing a person to act as an insurance producer for the lines of authority specified in the document. The license itself does not create any authortiy a ctua lapparent or ni herent ni … Which of the following is true regarding license cancellation and reinstatement? A. The producer must allow it to lapse. After that point it can be reinstated any time within the next 2 years provided that the continuing education requirements have been met B. The license needs to be returned to the Insurance Department . When a company barters goods for goods in lieu of a monetary payment. C. When a company pays a competitor a fee to stop the competitor from selling its product...


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