New York Insurance Exam Practice Question
Which of the following is a requirement for obtaining an insurance agent license in New York?
Correct Answer: A
Rationale: Obtaining an insurance agent license in New York requires passing a state-administered exam, which ensures that agents possess the necessary knowledge of insurance laws and practices.
Option B is incorrect; a college degree is not a mandatory requirement for licensing. Option C is also wrong; while employment by an insurer is beneficial, it is not a prerequisite for obtaining a license. Lastly, option D is misleading; there is no age requirement of 25 years; applicants must be at least 18 years old. Thus, passing the exam is essential for licensing, ensuring competency in the field.
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