New York Insurance Exam Practice Question
Which of the following is a requirement for an insurance agent to maintain their license?
Correct Answer: B
Rationale: Maintaining an insurance license typically requires agents to complete continuing education to stay updated on industry changes, regulations, and best practices. This ensures they provide informed service to clients.
Option A, paying annual premiums, is not applicable as it pertains to policyholders, not agents. Option C, being employed by an insurer, is not a universal requirement since agents can also be independent. Option D, having a college degree, may enhance an agent's qualifications but is not a mandated condition for license maintenance. Thus, the emphasis on ongoing education is crucial for professional competency.
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