Rules And Regulations Flashcards

1
Q

Prod License min Age requirement ?

A

18

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2
Q

Producer License Period?

A

2 years

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3
Q

After lapse: Reinstatement Period.?

A

12 Months

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4
Q

Max duration of producer license suspension?

A

12 Months

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5
Q

Term of Producers Appointment?

A

2 years

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6
Q

Days to notify Commissioner of termination of appointment?

A

30 Days

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7
Q

Time to compete continuing education CE requirement ?

A

2 years

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8
Q

CE credit hours required each license period ?

A

24 hours

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9
Q

CE credit hours required in ethics ?

A

3 hours

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10
Q

Length of time producers must retain CE certificate completion?

A

3 years

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11
Q

Maximum length of temporary license ?

A

180 Days

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12
Q

Time licensee has to respond to commissioner regarding business of insurance ?

A

15 Days

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13
Q

Time licensed has to request a hearing after notice from commissioner?

A

90 Days

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14
Q

How long should producer maintain record of compensation disclosure?

A

5 years

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15
Q

Allows values of prizes or gifts to not be considered rebating ?

A

100 or less

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