The producer conducts business ethically and receives high praise from most customers. The producer pays all of the required license renewal fees but receives a notice that its license has been terminated. What is the most likely reason for this?

Question

Social Studies

Armanti

13 June, 20:24

The producer conducts business ethically and receives high praise from most customers. The producer pays all of the required license renewal fees but receives a notice that its license has been terminated. What is the most likely reason for this?

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Answers (1)

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Whitney Rice · Answer 1

c. lack of continuing education

Explanation:

Part of the requirement for the renewal of license of a producer is that he/she takes and complete a 24 hour continuing education latest 2 months prior to the expiration of the current license. Licenses are renewed online at the National Insurance Producer Registry website. It is necessary that the continuing education is duly completed else new license will not be issued.