EverythingOnConstruction - Ask. Build. Learn together. Logo

In Law / College | 2025-07-07

A producer's license was revoked as a result of the Insurance Code violation. Which of the following is true?
A. The producer cannot apply for a license reinstatement once the license has been revoked.
B. The producer will have to wait 5 years before applying for license reinstatement.
C. The producer can apply for a new license.
D. The producer's license can be returned after 1 year.

Asked by kayls95

Answer (2)

A producer whose license is revoked for Insurance Code violations can typically apply for a new license, although specific waiting periods or requirements may vary based on jurisdiction. It's important to check local regulations for detailed procedures. So, the correct response is option C. ;

Answered by GinnyAnswer | 2025-07-08

The correct answer is C. The producer can apply for a new license after a revocation due to an Insurance Code violation. The specifics can vary by jurisdiction regarding additional requirements or waiting periods. It is essential for the producer to consult local regulations for accurate information.
;

Answered by Anonymous | 2025-07-28

Related Questions in Law

[Solved] Which of the following is the rule that requires that there must be some significant relationship between the insured and the person, object, or activity that is the subject of the insurance transaction? A. Doctrine of Significant Relationship B. Doctrine of Equitable Rates C. Doctrine of Subrogation D. Doctrine of Insurable Interest

[Solved] Driving without "D" on your SIDA badge is a Class II violation. A. True B. False

[Solved] In which of the following would A be deemed to have survived B for purposes of A’s heirs benefitting from B’s assets? A. A’s heirs establish by a clear and convincing evidence that A survived B by three days, where A is the beneficiary under B’s life insurance policy, which requires survivorship by 30 days to receive proceeds. B. A’s heirs establish by a preponderance of evidence that A survived B by three days, where A and B are joint tenants with right of survivorship. C. A’s heirs establish by clear and convincing evidence that A survived B by three days, where A is a devisee under B’s will. D. A’s heirs establish by clear and convincing evidence that A survived B by three days, where B died intestate.

[Solved] Professor Abadi Both courts have said that the Copyright Act does not expressly authorize animals to assert ownership of a copyright and recover for infringement. So why is this, Kendrick price? A. The court relies on rules of statutory interpretation. B. The court relies on precedent.

[Solved] The FBI special agent today likely has one or more of which of the following academic qualifications? (Select all that apply.) A. A juris doctorate degree from an accredited law school B. An accounting degree and completion of the certified public accounting exam C. Fluency in one or more relevant foreign languages D. A firearms maintenance degree from an accredited community college