Are you having trouble answering the question “Which of the following is not true about a nonresident producer?”? You don’t have to worry about it anymore. Azanswer team is here with the correct answer to your question.
Which of the following is not true about a nonresident producer?
A. A nonresident producer must be licensed for the same line of insurance in the home state
B.The Department may check the NAIC Producer Database
C.A letter from the home state’s regulatory authority is valid if received within 6 months of approval of a nonresident license
D.The home state is not obligated to insure nonresident producers licensed in Missouri
Answer: The home state must award nonresident producer licenses to Missouri residents on the same basis.–The home state is not obligated to insure nonresident producers licensed in Missouri
You should now have gotten the answer to your question “Which of the following is not true about a nonresident producer?”, which was part of Insurance MCQs & Answers. Thanks for choosing us.