A licensed producer worked independently for 20 years selling insurance as an appointee of several insurance companies.
Posted: Fri May 20, 2022 9:38 am
A licensed producer worked independently for 20 years selling
insurance as an appointee of several insurance companies. If the
producer chose not to renew the license, the producer may
A. receive renewal or other deferred commissions, since he was
licensed at the time of the sales
B. continue to sell additional insurance to his existing
clients, but at a reduced commission level
C. be paid commission for soliciting or negotiating
insurance contracts, but not for new sales
D. no longer receive renewal commissions.
insurance as an appointee of several insurance companies. If the
producer chose not to renew the license, the producer may
A. receive renewal or other deferred commissions, since he was
licensed at the time of the sales
B. continue to sell additional insurance to his existing
clients, but at a reduced commission level
C. be paid commission for soliciting or negotiating
insurance contracts, but not for new sales
D. no longer receive renewal commissions.