Which of the following statements regarding a nonresident insurance producer is CORRECT? 1.The producer must hold a similar license in the state of residence. 2. Policies the producer writes in Illinois must be countersigned. 3.The producer must complete pre-licensing and continuing education courses in texas. 4.The producer must maintain a minimum surety bond of $10,000.

Which of the following statements regarding a nonresident insurance producer is CORRECT? 1.The producer must hold a similar license in the state of residence. 2. Policies the producer writes in Illinois must be countersigned. 3.The producer must complete pre-licensing and continuing education courses in texas. 4.The producer must maintain a minimum surety bond of $10,000.

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter5: Buying The Necessities

Section5.2: Cloting Choices

Problem 5R

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