Proof of completion of an additional 15 hours of continuing education over and above what is required for a producer Verification that the consulting services do not exceed more than 50% of hours acting as a producer No additional requirements are needed Proof of purchase of an insured Professional Error and
Proof of completion of an additional 15 hours of continuing education over and above what is required for a producer Verification that the consulting services do not exceed more than 50% of hours acting as a producer No additional requirements are needed Proof of purchase of an insured Professional Error and
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Question
A licensed insurance producer would like to offer insurance consulting to clients for a fee, what must the producer submit to the Director of Insurance to operate as a consultant?
- Proof of completion of an additional 15 hours of continuing education over and above what is required for a producer
- Verification that the consulting services do not exceed more than 50% of hours acting as a producer
- No additional requirements are needed
- Proof of purchase of an insured Professional Error and Omissions insurance policy
Expert Solution
Step 1
License producer can sell insurance of multiple companies and can sell to the client.
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Solved in 2 steps
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