New Jersey Life Insurance Exam Practice Question
To be eligible for a resident producer's license, an individual MUST meet which of the following requirements?
Correct Answer: D
Rationale: To obtain a resident producer's license, individuals are required to complete an approved education course, ensuring they possess the necessary knowledge and skills for the role. This requirement is fundamental to maintaining industry standards and protecting consumers.
Option A, while mentioning age and application signing, lacks the educational prerequisite, which is crucial. Option B focuses on employment approval, but this is not a licensing requirement. Option C incorrectly suggests that having a license in another state suffices, ignoring the specific educational criteria necessary for the resident license. Thus, completing an approved education course is essential for eligibility.
Unlock All Questions
Subscribe to Premium for full access to all practice questions, detailed rationales, and performance tracking.
Subscribe Now